Surprise, surprise: gasoline prices going up
Lewis DiuguidIt should come as no surprise to motorists who regularly watch the signs.
Gasoline prices rose in July about 17 cents a gallon. The average price soared to $3.42.
AAA reported that it was the biggest July jump at the pump since record-keeping began in 2000. Blame it on rising prices of crude oil and ethanol and dwindling supplies of each as the drought continues affecting corn production and oil consuming nations turn away from Iranian crude because of that nation’s nuclear ambitions.
One thing is certain. Gas prices aren’t likely to go down any time soon.
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