Wednesday, February 22, 2012

Gasoline

Gasoline up 5% today from $3.49 to $3.69 here in flyover country. Up 16% since Friday when gasoline was selling for $3.09 per gallon.

Last year gasoline didn't reach $3.69 until March 14 and prices stayed high until September 3, reaching a peak of $4.20 from May until early June. Winter averages $3.33 per gallon while summer averages $3.77 roughly changing 11% season-to-season. But the unknown upper bounds are frightening. What's next? Who the hell knows.

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