If there's less money in your pocket this year, it's probably due to the high cost of gasoline at the pump.
According to the Department of Energy, gasoline prices are up 76 cents a gallon from just one year ago to an average of $3.06 per gallon.
Ouch. And of course, it's not just your fill-up where you'll pay more. Higher transportation costs impact all sectors of the economy, from food to housing to labor.
READ MORE
- Big Oil's War on Ethanol
- Gasoline Prices Rise, and So Does Everything Else
- Why Don't They Care About $3.00 Gasoline Anymore?
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
1 comment:
And ethanol is doing a lot to keep the cost of gasoline down. At the station near my house, the 10 percent blend is 12 cents cheaper per gallon.
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