Thursday, August 2, 2012


In Orlando, Florida, I have seen prices drop to as low as $3.07/gallon. It is now up $3.33/gallon. I haven't seen people upset over this. Gas prices will never go down with this president in office. I am still adamant that we need to drill for our own oil and be less dependent on foreign sources. It will be a talking point in the presidential debates.

(WSJ) If it seems like the price of gasoline is rising quickly and at an odd time of year, that is because it is true. The average price of a gallon of regular gas in the U.S. rose 5.1% or 17 cents to $3.50 per gallon today according to auto and travel group AAA.

“Drivers nationwide saw prices reverse in July after three months of steady declines at the pump,” said AAA spokesperson Avery Ash. “Higher global oil prices and increased demand for gasoline during the busy summer driving season were the primary factors that sent pump prices higher in July.”

National average gas prices rose for 26 days in July after hitting a low for the summer of about $3.33 a gallon on July 2.