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Saturday, February 18, 2012

Climbing Gasoline Prices


On a seasonal basis gasoline prices generally peak in early summer, so prices aren't at those peak levels,yet. But what is noteworthy is that current prices are well ahead of prices at this time last year (the two circled areas).

Price inflation is developing. Ben Bernanke's money is hitting the system

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3 comments:

  1. AnonymousFebruary 19, 2012 at 10:19 AM

    Is this the summer of recovery that the Obama administration touted?

    ReplyDelete
  2. lmclainFebruary 19, 2012 at 11:21 AM

    This is NOT a good sign for the upcoming months....

    ReplyDelete
  3. AnonymousFebruary 19, 2012 at 1:38 PM

    Oil companies and politicians together. They are both robbing citizens. The prices go up because the government allows it to happen.

    ReplyDelete

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