". . . Crude oil futures have increased 22 percent and gasoline surged
34 percent this year as Middle East unrest reduced supply, and the global economic rebound bolstered fuel demand. Both futures contracts touched the highest levels this month since the records reached in 2008.The average price nationwide of regular gasoline at the pump was $3.84 a gallon Wednesday, the highest since Sept. 16, 2008, AAA said on its website.
"It hurts. Every time you go to work a big chunk of your paycheck is eaten up," Obama said. "This gas issue is serious." "
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In contrast to the GW's last year, this President is taking a look at the transactions that have led to the most recent rise in oil prices. Works for me.
Bob Wilson