Saturday, February 26, 2011

Rising Gas Price

     Money  Consumer     
    Shelly Mychiller Money-
       Gas prices this week have increased 17¢ following a high rise of oil prices which are scratching between $90 to $100. Gas prices were highest in Hawaii, where drivers paid $3.761 a gallon, on average. Wyoming had the lowest gas prices at roughly, $3.032 a gallon.  This could effect the American economy ,which is mostly consumer spending based . Oil prices have been driven higher by political unrest in North Africa and the Middle East, where much of the world's oil comes from. Despite the surge in prices this week, the amount of oil that has been taken off the world market has been relatively minimal.
Related links  to help with gas prices  (gas buddy) 

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