As of March 31, 2008, the average price for gasoline is $3.29 per gallon, up 3.1 cents from last week and over 58 cents from a year ago.
Diesel prices remain high as well, with an average cost of $396.4 per gallon, up $1.17 cents from last year.
So the $123 billion (oil industry profits) question remains, "Exactly what is the oil industry doing to reduce the pain of higher energy costs for Americans?"
Source: US Department of Energy
- Big Oil's Oily Evasion
- Ethanol Saves Money
- Truckers Threaten Strike Over High Diesel Prices
- When Oil Prices Rise, So Does Just About Everything Else
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