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Gasoline Prices Jump to $3 Per Gallon

08/31/2005 1:30 PM

Gasoline costing $3 a gallon or more arrived at gas stations across metropolitan Detroit on Tuesday. The Los Angeles Times reports that ripples from Hurricane Katrina could also deliver $3 gas by Labor Day weekend to California and across the nation. If you need to fill 'er up, get to a gas station soon.

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#1

$3.31 for gas in upstate NY

08/31/2005 1:49 PM

I just saw a Cumberland Farms in a city near Albany, NY at $3.31.

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#2

CNN/Money predicts $4 soon

08/31/2005 3:01 PM
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The Feature Creep

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#3

Prices

08/31/2005 3:39 PM

I'm just waiting for the price increase on everything that needs to be transported by truck. If gas doubles in price in less than a year I don't think that retailers will be able to eat that cost. Looks like we'll be paying more than just at the pumps.

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#4

Crisis

08/31/2005 4:54 PM

Not sure how much this will help, but the Energy Department will release oil from the Strategic Petroleum Oil Reserve.

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Guru

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#5

$4 a gallon coming soon

08/31/2005 6:43 PM

Acording to CNN/Money gas will be up to $4 a gallon soon.

Looks like we all need to find a way to start working from home.

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#6
In reply to #5

Re:$4 a gallon coming soon

09/01/2005 9:01 AM

It's also time for Congress to repeal some of the gasoline taxes that were passed back in the day when politicians cared about balanced budgets.

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