WOW!!!! Oil Tops $105 A Barrel
As if gas prices aren't high enough, Oil prices are sky rocketing meaning we will be paying more at the pump soon.
Oil prices pushed above $105 per barrel Tuesday, as traders focused on a series of international crises that could tighten global supplies at a time when consumption is expected to increase.
Benchmark West Texas Intermediate for May delivery rose $1.88 to settle at $104.97 per barrel on the New York Mercantile Exchange. At one point it was as high as $105.18. In London, Brent crude gained 73 cents to settle at $115.64 per barrel.
Anyone want to carpool???? If this keeps up, you will probably see a lot of people using Pete & Joe AKA Walking a lot more!!!!
The good news is, If there is any good news is that gas prices held steady today in the U.S. at an average of $3.547 per gallon for unleaded regular.
That is still a lot of money!!!