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$4 a Gallon Gas Now Ubiquitous

Source: http://stockerblog.blogspot.com/2008/06/4-gallon-gas-now-ubiquitous.html
Posted on Monday, June 2nd, 2008 | In Current Market News, Energy Markets, Stocks to Watch
Contributed by: Fred Fuld (http://stockerblog.com) -

This weekend, I had the privilege of driving around the San Francisco Bay Area. I didn’t see one gas station that was selling regular gas for less that $4 a gallon. Even the so-called ‘cheap’ stations were selling gas for $4.29 a gallon. Diesel wasn’t selling for less than $5 a gallon anywhere. It was only on May 1, only one month ago, that I thought that gas above $4 a gallon was shocking and may have just been an aberration. Now it seems that $4 a gallon gas, at least in California, is now ubiquitous. [This word is now becoming ubiquitous, so I will stop using it for a while.]

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About Fred Fuld (http://stockerblog.com)
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