If you are like many other people, you’re gas gauge may be sitting at empty or almost empty. Well bad news for you, you better fill up soon or risk to pay through the nose for gas. Currently gas is selling for around $3.20 a gallon and experts predict that the price will raise up 20 to 30 cents within the next month. With a survey of around 7,000 gas stations across the country, the price of fuel has jumped almost 10 cents a gallon in the last 2 weeks and almost 70 cents a gallon in the last year.
Just a little bit of stats for you according to the survey, the San Francisco Bay Area was at $3.58 a gallon, which was the highest, and Cheyenne, Wyoming was sitting at $2.95 a gallon, which was the lowest.
The average U.S. diesel price was $3.80 a gallon in the latest survey, up 22 cents a gallon from two weeks ago, and $1.02 higher than this time last year.
They are saying that the refiners since last spring have purposely not increased the price to compete with sales, but now need to raise the price to catch up on what they have lost. This doesn’t make send at all, how can the price at the pump raise 20-30 cents a gallon when it is the same gas that has been in the tanks for a while?
To finish this off, leave your comments on what you think about all this gas price increase hype.
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