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The Prowers Journal » Economy, Politics » Libya Unrest ==$$$ More for Gas

Libya Unrest ==$$$ More for Gas

Three days ago a gallon of gas was $3.09 and as of today, it’s climbed locally to $3.19/gal.

Why??  Unrest in Libya has unsettled the market.  Crude oil cost $138.54 a barrel in 2008 when it hit its all-time high of $4 a gallon, according to a national average survey from AAA that year.   Denver motorists paid $3.85 a gallon for regular in June, 2008.  Hartford, CT residents were paying $4.23 a gallon that spring.

A barrel of crude is averaging $92.66, with prices expected to fluctuate for several weeks,  based on civil unrest in Libya.

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