Bigger than Bin Laden? BACK TO REALITY
Average Gas Price Poised To Hit
$4 A Gallon This Week
We’re closing in on that psychological price-point
The psychological price-point of $4 a gallon is looming straight ahead, and will likely be hit before the end of the week, based on the rate of recent price escalation.
The national average price of self-serve regular today is $3.967 a gallon, according to AAA’s Fuel Gauge Survey. That’s nearly a dime a gallon more than seven days ago.
Already, motorists in many parts of the country are paying well in excess of $4 a gallon. For example, the average price of gas has hit an all time high in Chicago, $4.39 a gallon. The average price is over $4 a gallon now in 14 states; Alaska, California, Connecticut, District of Columbia, Hawaii, Illinois, Indiana, Michigan, New York, Ohio, Rhode Island, Washington, Wisconsin and West Virginia.
Prices were going up dramatically as inventories were increasing
Now that inventories are falling ….
DRILL BABY DRILL
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