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Pumped up (but not down)
Kudos to CNBC for airing this nugget of information a few minutes ago:
On Feb. 19, 2008, when the price of oil first surpassed $100 a barrel, the average price of gasoline in the United States was $3.04 per gallon.
Today, Sept. 11, 2008, with oil about to pass through the $100 level on the way down, gas is averaging $3.67 a gallon.
I eagerly await an explanation ... from someone ... anyone ... please!
On Feb. 19, 2008, when the price of oil first surpassed $100 a barrel, the average price of gasoline in the United States was $3.04 per gallon.
Today, Sept. 11, 2008, with oil about to pass through the $100 level on the way down, gas is averaging $3.67 a gallon.
I eagerly await an explanation ... from someone ... anyone ... please!
Labels: Next up: The Ike spike
posted by Jeremy Schiffres, City Editor at
11:18 AM
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