San Francisco, CA — Gas prices are set to take one of the largest jumps in decades. At a rate expected to be $4 a gallon, the average drive is likely considering just how important many of the possibly weekly trips to stores and banks are necessary.
2013 is likely on track to being one of the most expensive years for someone to fill up their automobile. Prices in Maryland are up 16 cents overall within the past month. According to AAA, the 17 cents that the price has risen on average is just the start.
“The way prices have been increasing over the past few weeks we wouldn’t be surprised to see prices approach near $4 a gallon here in Maryland,” said Christine Delise, AAA.
Drivers certainly are not happy about it, and many can recall a time when prices were considerably cheaper. “I remember when I went to college it was 95 cents a gallon,” a man said.
United States oil production is at its highest point in years, but experts note that there are simply not enough producing refineries. That, mixed with growing demand for oil from China make up the bulk of factors which cause the prices to rise at home.
“The price spike we’re seeing at the pump is a result of crude prices that are trading around the $95-to-$97 barrel range. That’s about 10% a barrel more than mid-December,” Delise said.
Many people admit that the recent rise, and consideration of future rises is a wakeup call. “The more expensive gas is the more interested people are in finding a way to not use as much,” a man said.
The average American household is likely to spend nearly $3,000 on gasoline this year. That is considered nearly 4% of their income.
This is All Crap, they have closed over 200 refineries in the last 20 years, in order to push the price of gasoline up to Wherever they Want it to be!
With a worldwide recession/depression going on, the need for gasoline has been dropping steadily, this is just another way to Fleece the Flock.
– Aren’t you Tired of “Getting Flocked?”
So what if these Company’s don’t have to Pay Any Taxes!
You and your family don’t need the money anyway, I suppose that you want to go spend it on Frivolous things like – Food – Rent and Clothing for your children….. What a bunch of selfish little people you are.
Set to spike to $4.00/gal….already spiked here
My sentiments exactly.
Already $4.33 here.
And still rising.
Were at 4.47 havent been under 4 in a couple years
Gas prices went up .75 c in the last month in Eau Claire, Wi. It is now 3.83 a gal. and is also expected to go over 4.00+ a gal.
Who was that guy in Hussein the Immaculate’s first Supreme Soviet who said we must pay as much as the people in Europe? I forget his name being as faceless bureaucrat looter scum are about as exciting as a piece of dog shit that won’t come off your shoe.
WDC (Washington distributor of communism) is spiking to get the peasants behind the dropping of “national” speed limits again to restrict our movements even more,,,,
I have read that it is going to be well north of $5.00 per gallon by mid – summer. . .
I have read $5, too. About $4 here in Miserable Stockton(TM.)
What will happen to the so-called economy when prices rise 25%?
“…The average American household is likely to spend nearly $3,000 on gasoline this year. That is considered nearly 4% of their income…”
Not true the average family would be luck if they brought it 75000 a year…
Good catch. Noticed the bad math, myself.
Recently read median income is $30K, median family is $42K.
Those are GROSS numbers, not net. $14/hr is $30K/yr.
Gas is more like 10% of many people’s income. Guess they walk, now.