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Old 03-02-2011, 10:46 AM   #41
Tinordi
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Join Date: Nov 2010
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Quote:
Originally Posted by macker View Post
Hopefully these uprisings don't drag into the "driving season" and summer months! AAA says the American gas price on average right now is at $3.37. For every $10 increase in crude if sustained for an entire year Americans spend $96 billion more on gas. If crude gets to $120 and stays there for a period of 6 months or more it would cause a lot of damage. Oil has surged recently but it has to sustain the higher levels for it to really threaten the recovery.
Hopefully they do. High time we started paying alot more for oil.
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