(USA Today) The average price at the gas pump pushed toward $3.80 per gallon Monday as oil prices remained stubbornly high because of tensions tied to Iran's nuclear program.Why "stubbornly"? Obama refuses to drill at home, kills the Keystone XL pipeline from Canada, and they says oil prices remained "stubbornly high" as if Obama's been doing everything possible to lower them. Just like he claims he tries to lower unemployment by raising taxes on job providers.
The nationwide average for gasoline rose less than a penny overnight to $3.77 a gallon, which was the 27th consecutive day of gains, according to AAA, Wright Express and the Oil Price Information Service. The price has risen 32 cents, or 9.3%, since Feb. 1.
OPIS chief oil analyst Tom Kloza said the average price could reach $4.25 per gallon by later in March or April but the pace of the increase should slow. Gasoline has tracked oil prices, which have risen about 8% since the end of January. Also, refineries have begun switching to costlier summer blends of fuel. That adds about 10 cents to a gallon of gas.
More...
