Gas prices have risen to $3.53 a gallon and could peak at a record-setting price of $4.25 a gallon in April, predicts the Oil Price Information Service. "I guess we're going to have to drive less, consolidate all our errands into one trip," said W. Howard Coudle, a retired machinist in Missouri. "It's just oppressive."
Gas prices began rising around Labor Day and motorists have seen little relief since. Now, the Energy Department has boosted its pump-price predictions for the peak driving season, defined as April through September, and for the ful... Read Post
So the most recent peak price of oil was $110 a barrel with a peak national average price for gasoline at the pump right at $4.00 per gallon. The price of oil recently dropped below $80/barrel and has been trading this past week in ... Read Post