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2012 Set Record For Most Expensive Gas In US
An anonymous reader writes "According to data from the American Automobile Association, the average price for a gallon of gas in the U.S. was higher in 2012 than in any year before it. Nationwide, gas averaged $3.60/gallon, up from $3.51/gallon in 2011. 'The states with the most expensive annual averages for 2012 included Hawaii ($4.31), Alaska ($4.09), California ($4.03), New York ($3.90) and Connecticut ($3.90). The states with the least-expensive annual averages included South Carolina ($3.35), Missouri ($3.38), Mississippi ($3.39), Tennessee ($3.40) and Oklahoma ($3.41). The highest daily statewide average of the year was $4.67 in Calif. on Oct. 9, while the lowest daily statewide average was $2.91 a gallon in South Carolina on July 3.' Bloomberg reports that fuel consumption is down 3.6% compared to last year, while U.S. oil production reached almost 7 million barrels a day recently, a level that hasn't been reached since 1993. AAA predicts gas prices will be cheaper in 2013."
from europeans.........
The consumption figures can't go down because, as is posted constantly on Slashdot, capitalism is a lie and supply and demand are evil conspiracies created by corporations to repress the sheeple.
The U.S. couldn't possibly produce more oil since everybody knows that peak oil happened in the 70's and there is no more oil anywhere. Peak oil is right and Holocaust^H^H^H^H^H^H^H^H^H "Peak Oil" deniers should be executed for the greater good.
AntiFA: An abbreviation for Anti First Amendment.
Thanks to Barak Hussein Obongo that is. Gas was $2 under Presedent Bush
I think that near 2007~2008 they seized ExxonMobil assets and kicked them out, making their refineries state-controlled, which is really awful.
Why is that so bad? Far better to take the profit for the country than simply give it to a foreign company.