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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Wednesday, February 29, 2012
$4.00 GAS HAS ALREADY ARRIVED IN MAJOR U.S. CITIES - NEXT STOP - $5.00
The average price for a gallon of gas is now up to $3.70. It is up 15% in the last two months. But, in many major cities – where the majority of the population in the country resides – gas has already passed $4.00 a gallon or will do so in the next week. Next stop $5.00. But don’t worry. Obama, Bernanke and the MSM are telling us the economy is doing great.
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Aren't higher gas prices a sign of increased demand, which is in turn a sign of an improving economy? I wish gas was cheaper too but it's illogical to imply that expensive gas means the economy is failing. Take a look at the recent trend in unemployment numbers or the Dow Jones.
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