U.S. average retail gasoline prices have reached a new high of almost $3.20 per gallon and will likely jump another 20 to 30 cents in the next month. The price has risen 64 cents per gallon in the past 12 months.
The average U.S. diesel price was $3.80 a gallon in the latest survey, up 22 cents a gallon from two weeks ago, and $1.02 higher than this time last year.
Who do you think is making money during this time? We know it's Exxon/Mobil, and of course, their shareholders. Other oil companies, for sure.
Wonder if the steady price rise during the Bush Administration has anything to do with the corrupt people in the Bush Administration? Hmmm, what do you think?