Tuesday, December 4, 2007

$ign of the Times

Sign of the Times Arm Leg Body Gasoline Sign

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.

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1 comment:

Nathan Schock said...

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.