Gas prices rising?

POSTED: Thursday, December 30, 2010 - 7:46pm
UPDATED: Friday, December 31, 2010 - 7:43pm
The highest recorded average for gas was back in 2008 at more than $4 a gallon. However, some oil experts are predict the numbers to jump far above that in the next year.
Right now, the average price for gas across the state is $2.91 for unleaded. The former president of Shell Oil predicted gas prices to go above $5 a gallon by 2012.
Crude oil hit $90 a barrel this week, but after a drop in inventories, the price went down today. Daryl Gupppy with guppytraders.com says a barrel of oil could go far above $100.
For small businesses, it could mean higher prices for their customers.
if you want to compare gas prices across the country, go here: http://www.texasgasprices.com/Prices_Nationally.aspx
Comments News Comments
The price will go up--taxes or no taxes--by simple supply and demand. It's running out, and getting harder to get at, and China is buying it up too.
Suck it up and sell your vanity truck. We all knew this would happen eventually.
Hey all you liberals in those Liberal Run Red states. Are you enjoying paying that extra 35 cent per gallon Socialist Progressive Liberal run Red State Gas Tax! " Yes You Can " Pay for the privilage of Living a life surrounded by Socialists who know how to spend your money better than you do. The rest of the nation is just laughing as you go broke, then will start crying when we have to bail you out of debt.













