As of yesterday, gas prices for the Baltimore metropolitan area, which includes Anne Arundel County, were about $2.58 per gallon of regular unleaded fuel.
That's a 14-cent increase from the average for a gallon just one week before.
Across the nation, it's a similar story. The average price per gallon nationwide yesterday, at $2.67, was a bit higher than in this region, and was 12 cents above last week's $2.55 per gallon.
AAA...
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It not Wall Street's Fault... - 2009-10-28 10:59:13
The reason the prices for Gas are going up despite the fact that usage is down and most stockpiles are full is not because of any incidious plot by Wall Street. The real reason for this is because of the actions of the Administration and Congress in DC. By printing money and throwing it off the top of the Federal Reserve Building until nobody really wants to pick it up anymore has so devalued the dollar that the price of commodities can only go up.
Because the Government has allowed the dollar to weaken to the point that there has been rumblings of replacing it as the dominant currency in the world market, people that have a lot of dollars (IE; China and other net exporters) are looking for places to exchange there risk in dollars for a bit more security in tangible goods like oil, gold and other commodities.
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fred flintstone - , - Karma: Excellent
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What's the big surprise? - 2009-10-27 13:30:07
We continue to get screwed by Wall Street, big oil and YOUR government. Everyone had their heat on last week. That was their cue.
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M. Praschak - Chester, MD - Karma: Neutral
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