[ButThreeLeftsDo]

That explains the rising gasoline prices?

[Tennessean4Bush]

Just paid $2.09 per gallon in Knoxville.

[virgil]

They’ve been going up in Wisconsin. $2.59/ga

[plain talk]

Rising gasoline prices? The price does fluctuate with seasonal impacts but gasoline is still quite a bargain when you consider what it takes to produce it. If it is a problem for you you can always move south. Today I wore a long sleeve shirt and no jacket outside. :-)

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMM_EPMR_PTE_NUS_DPG&f=W

[SuperLuminal]

"That explains the rising gasoline prices? "

In most states, especially soviet-style states like MD, CT, MA, etc..., the state tax keeps going up.

[SuperLuminal]

"That explains the rising gasoline prices? "

In most states, especially soviet-style states like MD, CT, MA, etc..., the state tax keeps going up.

[mewzilla]

Has refinery capacity uncreased...?

[PA Engineer]

That explains the rising gasoline prices?

Take out the Federal and State taxes and it is cheaper than during WWII.

How is that possible?

Coinflation

Let's look at war nickels. During the war, nickel was required for American armor. The US government substituted silver and engraved a large mint mark above Monticello. Why? They figured they could easily pull the coins when the war was over.

It didn't go as planned. Americans were still stinging from the confiscation of gold. They held onto those nickels. They are easily purchased today as junk silver.

The fascinating part is the "real" value of those nickels today. Total metal value of each is $.9731600448. Take three of them ($2.93) and you can purchase a gallon of gasoline pretty much anywhere in the United States. The face value is ¢15. During WWII, the price (rationed to 3 gallons a week) was ¢20.

By historical standards, gasoline is quite a bargain today. The dollar on the other hand...

[Revel]

How about the fast rising price of heating oil even before the cold snap. Up 70 cents per gallon between September and the beginning of December. No doubt a bunch more by now. Multiply that out by 275(Gallons) for each tank of heating oil.

That is a major hurt!