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Gasoline at highest price ever for this time of year
nbcnews.com ^ | Feb. 1, 2013 | Sharon Epperson

Posted on 02/03/2013 8:48:27 AM PST by John W

U.S. drivers are now paying more to fill up their gas tanks than they ever have at this time of year.

The national average price of retail gasoline posted its biggest overnight increase in 23 months, rising four cents to $3.462 a gallon on Friday, according to AAA. The average price has risen 13 cents in the past week, a 4 percent jump.

"This is the highest price record for February 1st," says OPIS analyst Tom Kloza, who predicts the average price could reach $3.50 a gallon this weekend.

"Refinery issues and speculation about refinery issues has a lot of money betting on still higher prices," Kloza said.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Business/Economy; News/Current Events
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To: John W

Obama is happy, and isn’t that the important thing?


21 posted on 02/03/2013 9:59:56 AM PST by pallis
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To: John W

Well, now that it is not proper to complain about Homosexuals in power, just bend over and pay the price. If you have complaints, we will re-educate, er, give you sensitivity training...


22 posted on 02/03/2013 10:05:24 AM PST by American in Israel (A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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To: John W

America voted for it, so they can wallow in it.


23 posted on 02/03/2013 10:13:55 AM PST by KC_Conspirator
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To: John W

Prices being connected to “supply and demand” have now been superseded by a world of “SPECULATIVE” driven propaganda.


24 posted on 02/03/2013 10:15:29 AM PST by VideoDoctor
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To: John W
The price here in southern New Hampshire has gone up 17 cents/gallon in the past week.

Hay, Bambi has his, screw the rest of us!

25 posted on 02/03/2013 11:15:24 AM PST by Redleg Duke ("Madison, Wisconsin is 30 square miles surrounded by reality.", L. S. Dryfus)
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To: John W
This was as obvious as the movement of the hands on a clock ( For those who can tell time on an analog clock).

The gradual price drop before the election until now (with the persuasion of the White House) was predictably going to sky rocket after the annointment of Czar B.O.!
26 posted on 02/03/2013 11:19:07 AM PST by leprechaun9
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To: John W

27 posted on 02/03/2013 1:30:06 PM PST by CowboyJay (Lowest Common Denominator 2012 - because liberty and prosperity were overrated)
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To: self

The hidden cost of “cheap” Chinese imports.


28 posted on 02/03/2013 1:32:15 PM PST by CowboyJay (Lowest Common Denominator 2012 - because liberty and prosperity were overrated)
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To: ErnBatavia

It went to $3.989 yesterday in Oceanside, CA


29 posted on 02/03/2013 1:52:03 PM PST by dalereed
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To: John W
Lately, every time I fill up, I see the person behind me got $10 or $15 worth of gas. People are buying just enough to get them where they need to be. I think this year is going to push a lot of people over the financial cliff.
30 posted on 02/03/2013 1:55:22 PM PST by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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