Oil Prices Average Sets New Record



National oil prices have hit $4 dollars a gallon for the first time ever. AA says that the average of the oil prices went up 2 cents just over night.

Of course this is just an average which means that some of us are paying even more. In California the price is the highest in the country and the gallon can cost up to $4.43. The two questions that remain are how much higher will the prices go? And what will be its effects on our economy?

This entry was posted on Sunday, June 8th, 2008 and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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