Higher gasoline prices are on the way
Source: AP-Excite
By JONATHAN FAHEY
NEW YORK (AP) - Drivers, here's the bad news: You'll be paying more for gasoline in the coming weeks.
The good news: You'll likely pay less than last year. Or the year before, or the year before that.
The price of gasoline held steady into early February, but an increase is almost inevitable this time of year. Pump prices have gone up an average 31 cents per gallon in February over the past three years. And although this year's rise might not reach the heights of years past, there are reasons for drivers in some regions - like the Northeast - to worry about a painful spike.
"We're going to get increases and they are going to be noticeable," says Tom Kloza, chief oil analyst at Gasbuddy.com and the Oil Price Information Service. "We're going to get that pop relatively soon."
FULL story at link.
Read more: http://apnews.excite.com/article/20140214/DABV7QMG0.html
Graphic shows weekly average gas prices; 2c x 3 inches; 96.3 mm x 76 mm;
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Last edited Sat Feb 15, 2014, 06:41 PM - Edit history (1)
It occurred to me that oil spills and the like are a cost of production that the end user ends up paying for.you'd reckon that with enough spills the oil companies would improve their game but it looks like they can do what they like and still make exorbitant profits...government agencies don't seem to be able to get any changes in their operations...especially when they're exempted from a lot of EPA rules...a true free market with proper regulation would help to reduce a lot of spills because there would be a big stick to ensure proper operations but it looks like the game is fixed with the world being bent over an oil barrel....by the way in oz the price of fuel is about $1.50A a litre and the oil companies are closing refineries...must be doing it tough the arseholes..
and now the IMF says there are subsidies of $500 billion going to these people in the USA .
Assholes.
