Expensive Driving

Gas above $3 per gallon blamed on hurricanes, growing global demand

Published: 29-Dec-2005

Check the prices at your nearest gas station and you may be tempted to think August and September of 2005 were just bad dreams.

The record-high gasoline prices that stunned Americans in the aftermath of summer's Gulf Coast hurricanes are gone. A gallon of regular, worth more than $3 mere months ago, now costs about $2.23 throughout California. That's only a little more than the $2.05 of one year ago.

But don't expect the relief to last. Energy analysts consider the current low prices an aberration, destined to disappear.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

READER COMMENTS

blog comments powered by Disqus