9 Years of Gas Price Increases

CNN.com has a helpful article tracking and attempting to explain how the price of gas went from 90 cents to $4 a gallon in around 9 years.

3 replies
  1. Ryan
    Ryan says:

    Decent article. I may have passed it up, but it seems he’s missing 1. the growing middle class in China/ India is causing a stronger demand for oil worldwide and 2. inflation.

    Reply
  2. Michael Clary
    Michael Clary says:

    Yeah, that’s a biggie. Its one factor among many that seem to be contributing to this mess.

    I’ve been checking out buslines in Cincinnati. The standard fare is $1.25 for Hamilton County. I’ll be taking advantage of this, I’m sure.

    Reply
  3. Ryan
    Ryan says:

    Yea, that’s smart. The good thing about being so close to downtown is you can probably get anywhere by catching a busline that runs within a mile or two.

    Reply

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