The gasoline ETF holds about $95 million in assets and tracks futures contracts rather than the spot price for gas.
Economists are worried rising oil and gas prices could threaten the economic recovery.
“Gas prices are already at their highest levels ever for this time of year, and some analysts predict they’ll hit a national average of $4 a gallon in May. Some regions are even expected to see $5 gas by Memorial Day,” CNNMoney reports.
U.S. Gasoline Fund
