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Thursday, 3 March 2011

National Gas Average is $3.43 per gallon. Mad Yet?



Where is the outrage? When Bush repealed the executive order for off-shore drilling, the price of barrel of oil dropped as low as $30/barrel (Feb 2009). Now, the price of gas jump to $3.52/gallon in Orlando, Florida. Are you mad yet? Can we drill now?

(Yahoo) NEW YORK (AP) -- The recent surge in oil prices is forcing sharp increases in gasoline and other fuels that could cascade throughout the U.S. economy for months to come.

Pump prices, which are already the highest ever for early March, jumped another 4 cents Thursday. The national average is $3.43 per gallon, according to AAA, Wright Express and Oil Price Information Service.

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