Gas prices up for 10th straight daySubmitted by Apple on Mon, 03/19/2012 - 21:03
The national average price for a gallon of gasoline rose for the 10th straight day on Monday to $3.842. That is now only about 6.6% below the record high of $4.114 from July 2008.
The average price rose by four-tenths of a penny, according to the survey of gas stations conducted for the motorist group AAA. Gas prices are now up more than 17% this year.
That means Gas Prises are rising 6.8% per month, 81.6% annually.
Looks like extremely high inflation to me.
$4.58 per gallon by June 1st 2012
$5.18 per gallon by August 1st 2012
$6.35 per gallon by Election day 2012