Gasoline prices rise for 24th day in a row
March 2, 2012 at 5:53 am in Grand Forks Herald
The national average for gasoline hit $3.741 per gallon today. That’s an increase of 46.5 cents per gallon since the start of 2012. Gasoline has never been this high at this time of year, and analysts say it could reach a record of $4.25 per gallon by late April. Continue Reading
funny because the price of oil and gas has both dropped in the markets today.
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The USA is now a net EXPORTER of refined fuel. This means that the Keystone pipeline and more drilling will do nothing to drive down gasoline prices.
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Yes.
The oil companies have decided that pump prices are not high enough, therefore refined fuel is shipped to other countries to keep prices high here at home.
Fuel prices, therefore, pivot on the greed of the suppliers.
Sort of like Grand Forks fuel prices vs. Fargo fuel prices. The Cartel knows all, sees all, decides all.
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The oil companies are just doing what the poster boy for high gas prices wants. Obama is on record saying he wants gas prices to be a lot higher.
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