Wednesday, November 21, 2007

Gasoline Prices Up 39%

Wondering why your family budget buys less? It's probably due to the 39% increase in the price of gasoline this past year. And with the price of oil racing to $100 per barrel, it's only getting worse.

According to new results from the Department of Energy, gasoline prices for this week average $3.099 a gallon. This is up 86 cents, nearly 39% from last year.

Hold on to your wallets, these increases are going to hurt us as the increased transportation costs get passed along to all sectors of the world economy.

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