The Gas Prize Squeeze

Richard Olivastro

3/15/2011

Gasoline prices have risen to their highest levels in two years. Driven largely by the surge in raw oil prices, there is a stealth component also inflating “prices at the pump”. Together, they are squeezing Americans and bedeviling the economy.

Since this time last year, on average, Americans are now paying $.77 cents more per gallon for gasoline. That’s an increase of 28 percent.  Specifically, the average price nationally paid for regular is $3.56 – up from $2.79.

And now… the rest of the story. …..

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