[lbo-talk] oil supply

Doug Henwood dhenwood at panix.com
Tue Mar 20 10:08:56 PDT 2007


On Mar 20, 2007, at 12:53 PM, Steven L. Robinson wrote:


> I don't know about the rest of the country, but gas prices have
> skyrocketed in Caliifornia in recent weeks - $ 3.25 per gallon or
> higher. SR
>

$3.25? Wow. Life is cheap in New York!

Yes, gas prices are rising nationally <http://www.eia.doe.gov/oil_gas/ petroleum/data_publications/wrgp/mogas_history.html>. The national average is $2.62, up about 10% from the beginning of the year. Of course, it should be about $6.00.

Doug



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