Sunday, March 06, 2011

When will the average gas price hit $4 a gallon?

Between Bernanke's inflationary monetary policy, increasing demand and turmoil in the Middle East, gas prices are skyrocketing. Fuelgagereport.AAA.com reports today's average gas price at $3.503, up 38 cents from a month ago. With no sign of resolution for any of these factors and the American driving season picking up, it seems $4 gas is inevitable. So the question is:

When will the average gas price hit $4 a gallon?

A secondary question is did Obama, Geithner, Bernanke and their allies plan this years ago when Obama ordered GM to produce a bunch of Chevy Volts?

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