Posted By RichC on March 12, 2008
Speculators traded crude oil up to an all time high of $109 per barrel Tuesday morning while fuel stations in SW Ohio bumped gasoline prices up 20 to 25 cents per gallon. Most local stations in my area are matching each other at $3.45 per gallon for unleaded regular gasoline; this seems to have caught many by surprise and asking “what’s going on?”
A local poll by Cincinnati’s Local 12 News seemed to confirm the frustrations of those in my area. It is definitely taking a bigger bite out of our family budget and can only imagine how stressful these prices are for those who’s budget is already stretched. I wonder if prices are high enough to cause Americans to make some lifestyle changes?
Tuesday 3/11/2008 FoxNews