4/23/2008

Indiana sets new record on the price of gas.

Indiana set a new record for gas prices today.
Overnight, the average price for a gallon of self-serve unleaded rose from $3.47 to $3.552, breaking the previous all-time high of $3.536 set May 26. AAA's Web site updated totals earlier this morning.

In Indianapolis, the average price jumped a dime, from $3.424 to $3.528. The city is now a penny shy of its all-time high, also established May 26.Fort Wayne, Gary, Terre Haute and South Bend all saw all-time highs today. Gary leads the state with a $3.624 average.Truckers and other motorists who use diesel didn't get a break either. Diesel fuel rose to $4.208 a gallon statewide and $4.182 in the city, also records.
Experts blamed the rising costs of oil -- crude neared $120 as the dollar fell to a new low against the euro -- mixed with continued strong U.S. demand for gasoline.
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Well Americans keep on buying this product and you will see the price keep going up.
Is the price of gas slowing people down any? I don't think so let.

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