If a revolution doesn't start by then, America better not bitch and whine. In fact, we are reliving 2008 again. You won't hear the government complaining because the tax revenues from the gas pump is feeding their addiction to spending.
(CBS) CHICAGO– At one time, $5 per gallon gas seemed like a far-fetched idea, but that is no longer the case.
As of Monday, the average price for a gallon of regular unleaded gasoline in the Chicago area is $4.11, compared with $3.71 a month ago, and about $3.10 a gallon at this time a year ago.
Some experts say $5 per gallon gas is possible by Memorial Day-or sometime in summer. Others caution that reaching that mark is unlikely over the next six weeks. In Chicago, the prices keep rising to near-record levels–with no relief in sight.
Right now, oil markets are so skittish that records set in 2008 could fall.
No comments:
Post a Comment