Toward the end of February, thew nation’s average gas price per gallon was lower than the comparable period in any of the past three years. In just a short time, it went crazy, and is now running close to a dollar more than last year.
In March, the benchmark on West Texas Intermediate went from $67.05 to $99.53, an increase of almost 50% in one month.
Gee, something must have happened. I wonder what.
Bill Maher had a good line line on this topic. He said, “Nobody can afford gas. Gas prices are so high that Tiger Woods had to crash his bicycle.”