Tuesday, February 21, 2012

California welcomes America to $5 gas prices

A customer of Gasbuddy.com today posted a gasoline price in the state of California that to date, appears to be the first location in the continential United States to have prices over $5 a gallon.

$5.04 – Regular Grade

Bo-Gas    6 Wharf Rd & Brighton Avenue in Bolinas, California

Billy3369 - 4 hours ago – California Gas Prices, Gas Buddy.com

With oil prices up another $1.43 today, and having crossed $105.00 per barrel over the weekend, chances are very good prices will rise nationwide towards the $5 mark as events escalate both in the Middle East, and in the central banks increasing money printing.


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