Still Going Up

The price of oil. And gas. Course that may have something to do with the weakening dollar.

The national average price of a gallon of regular gas rose by 1.9 cents overnight to $3.246 a gallon, a new record, according to AAA and the Oil Price Information Service. Pump prices are following crude’s recent surge, and could rise as high as $3.75 a gallon this spring, analysts say.

Meanwhile, light, sweet crude for April delivery rose $1.17 to settle at $109.92 a barrel on the New York Mercantile Exchange after earlier rising to a new trading record of $110.20.

Doesn’t help us at the pump or anywhere else. Food prices along with everything else will rise cause it costs more to ship the stuff. Sucks.

No Comments so far
Leave a comment



Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

(required)

(required)