Is $4 gas heading down the highway?
By Joe Carroll
Bloomberg News
Whether it's $50 to fill up your Prius or $130 for the Ford Expedition, $4-a-gallon gasoline is coming to a pump near you.
Fuel prices across the country are rising at a pace not seen since Hurricanes Katrina and Rita knocked out a third of the U.S. oil-refining industry in 2005. The reason: Gasoline consumption is climbing twice as fast as last year and will accelerate when summer travel begins around Memorial Day, while supply has been restricted.
Have fun on a scooter and laugh at high gas prices! Easy to park, good on gas, cheap to insure. Join the scooter transportation revolution!
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