The gas price is cheaper in the vicinity of my house because of the gasoline storage depots near my home. Twenty miles away is $.15-$.25 higher. Gas stations in Washington, DC area around $4.00 and up for Regular Gasoline because the access, delivering, convenience, etc. is costly compared to the gas station by my house $3.28 was the price as of Tuesday for Regular. America is in the middle of an historic oil boom. Why does the price weigh so heavily on the gloom in Syria? Because a conflict can disrupt Middle East production. Immediate disruption would hurt, but America has the reserves in reality and in the soil. Life would not cease to exist without Middle East oil. I understand the price of fear on gas….Where is our price break for our reserves? Gas is priced for gloom not boom…….
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- Will the Syria conflict cause a spike in gas prices? – CTV News (ctvnews.ca)
- The U.S. Tight Oil Boom: Geopolitical Winner or Long-Term Distraction? (usdailyreview.com)
Filed under: Current News Event, Donny Wise Live in Personal Finance, PERSONAL FINANCE NEWS, Real Time News Tagged: Gasoline, Gasoline and diesel usage and pricing, Middle East, Oil and Gas, Price of petroleum, Syria, Tuesday, united states
