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Gasoline Does Not Cost $5 per Gallon

Larry Kudlow tweets a promo for tonight's show: I'll have more to say about this tomorrow morning, but for now I just want to make one point: gasoline isn't shooting up to $5 per gallon. If you look at the most expensive grade, in the most expensive formulation, in the most expensive state, at the most expensive gas station, then a gallon of gas comes close to $5. But the EIA publishes the average price of gasoline on a weekly basis, and as of this week it's.
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Check Out This Chart And Stop Whining About Gas Prices

Business & Finance : Business Insider: Money Game (2 years ago)

Think gasoline is expensive in the U.S.? It's nothing compared to what it costs in Europe, where the price in some countries is pushing nearly nine dollars per gallon. Check out the chart below: Please follow Money Game on Twitter a... Read Post

European Gasoline Hits All Time Record Of $8.632 Per Gallon

Business & Finance : Zero Hedge (3 years ago)

And Americans are complaining at an average gas price in the mid $3 range. In Europe, gasoline has just hit an all time record of $8.632 per gallon! As HLN.be reports: "tomorrow the price of gas will reach an absolute record. Petrol... Read Post

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Business & Finance : Carpe Diem (3 years ago)

The map above from API shows gasoline taxes by state (combined local, state and federal), which range from a low of 26.4 cents per gallon in Alaska to a high of of 66.1 cents per gallon in California, averaging 48.1 cents per gallon... Read Post


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