Recent reports suggest gas prices in Chicago and elsewhere have surged to $4 and up per gallon. Analyst also believe they could climb to $5 a gallon by this Summer, in states where they have not yet reached this peak. Some states have already seen a huge spike to this insane price. Why you ask? Because “the economy is getting better”. Does that make sense to you? Ok, they also say fear of countries that control oil are unstable and add to the steep rise.
Well, it seems like price gauging if you ask me. When the economy was good in the past…it wasn’t this high. They always seem to have a bad excuse for increasing gas prices. They say the increase in manufacturing is also driving up oil demand, basically the theory of supply and demand. But if that’s the case, why didn’t it drop to $2 a gallon when we were all struggling?
Darn, now we really have to dig out of a deep hole and pay more for everything.