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<a href="http://www.accessmylibrary.com/coms2/summary_0286-34929453_ITM" title="Facts and information about Why so high? Multiple factors are driving up the price of fuel, including inflation of the dollar by the Federal Reserve and overdependence on foreign oil. All of these factors must be addressed in order to find a long-term solution.(GASOLINE)(Cover story)">Why so high? Multiple factors are driving up the price of fuel, including inflation of the dollar by the Federal Reserve and overdependence on foreign oil. All of these factors must be addressed in order to find a long-term solution.(GASOLINE)(Cover story)</a>
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Why so high? Multiple factors are driving up the price of fuel, including inflation of the dollar by the Federal Reserve and overdependence on foreign oil. All of these factors must be addressed in order to find a long-term solution.(GASOLINE)(Cover story)
[ILLUSTRATION OMITTED]
In early March a sign in front of a Citgo station read Regular/Unleaded: $3.19 per gallon, and I told my companion, "That's absurd! Why would anyone buy gas there?" We'd just left a "cut-rate" station where it cost "only" $2.98 per gallon. Today, of course, who wouldn't welcome $3.19 per gallon for regular/unleaded gasoline?
As this is being written (June 16, 2008), the national average price for regular/unleaded gasoline is $4.08, up from $4.04 on June 9 and up from $3.72 on May 12. A year ago, a gallon of regular/unleaded cost $3.00. Diesel fuel, used by large tractor-trailers, is considerably higher, at a national average of ...
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