Gas Prices Rising
File this under “Because it’s Obvious” and “I Guess it’s Not My Job to Cheer You Up”: Gas prices are high and getting higher according to this CNNMoney article. The rise could be attributed to a shortage, though some analysts point out that demand is not yet outpacing supply. While prices are not near the summer 2008 levels ($4.11/gallon), the spike is raising concerns about what the corresponding decrease in consumer spending might do to the current economic recovery.
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