With the unrest in the Middle East, some economists say $5 a gallon gas will become the norm.
At first you might have thought your eyes were playing tricks on you, but they weren’t. Gas prices hit $4.99 for premium in Stamford on Wednesday, reports CBS 2’s Scott Rapoport.
Drivers say it’s all part of a bad situation that’s getting worse. The average price of a gallon of gas in Connecticut now is $4.09, compared to a year ago when it was $2.97. In New Jersey it was $3.83 on Wednesday, compared with $2.69 a year ago. In New York, a gallon of gas is now averages 4.03, compared to $3 a year ago.
Robert Sinclair of AAA New York said with the situation in Libya and Syria so volatile future prices of $6 – or more — for gas by summer could be looming.
(Source: WCBSTV)
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3 Responses
Thank you Present Obama!!
Wouldn’t it great if the govt got out of the way & allowed us to drill in places where there is oil or even look for oil?
How loony some people are for not allowing the country to use its own natural resources.
This Obama has only brought destruction and ruin to America. He only knows how to lose money. We need someone who knows how to make money. I’ve seen business go down because they put a loser at the helm instead of a winner because of political reasons while straightforward businessmen cast aside their differences and put the right man in charge and they go on to success. We put in a money loser. Its time to admit it and get some good businessmen to run for office and run this country.