Experts Saw These Rising Gas Prices Coming Long Before Muslims Started Wildin’ For Freedom

- By Bossip Staff

Yes, gas hasn’t been this high in two years. But it’s not all because of Ghadafi or Mubarak.

Projections in January, before the Middle East and Africa erupted in political turmoil, had prices rising near levels not seen since those painful weeks in 2008.

“At this point, I would say high threes or four [dollars] is more possible,” Brady said. She expects people to get react with alarm — and cut their travel and other spending — if gas reaches $3.50 a gallon. “That’s going to be the next sticker shock,” she said.

Of course, the turmoil in Africa and the Middle East hasn’t helped matters. And things are going to get worse before they get better.

Gas prices jumped 6 cents overnight, as the recent spike in oil prices begins to hit filling stations across America.

The national average price for a gallon of regular gas rose 5.9 cents to $3.287, motorist group AAA said Friday. That marks the third day in a row that prices have risen, and brings the national average to the highest level since October 2008.

So far this week, gas prices have increased nearly 12 cents a gallon. And analysts expect prices to continue higher in the next few days following a sharp rise in the price of crude oil.

Gas prices were highest in Hawaii, where drivers paid $3.757 a gallon, on average. Wyoming had the lowest gas prices at roughly, $3.014 a gallon.

The jump in pump prices follows a surge in prices for crude oil, the main ingredient in gasoline. Oil prices were holding near $98 a barrel early Friday morning, one day after prices hit a high of $103 a barrel — the highest since October 2008.

Economists warn that an energy price shock could hurt the economic recovery in the United States. In general, every $1 increase in the price of oil costs consumers $1 billion over the course of a year.

Will rising gas prices change how you make moves?

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Comments

  • I Am Legend (Allergic To Darkies)

    Shyt atleast it aint 5$ a gallon I remember filling up my Truck and it was 100 dollars to fill up the tank

    • http://bossip.com jessicacutie

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  • nymphis

    it’s like they throw darts at a board to determine how much gas will go up. Just face it they got us by the short hairs. Estamos jodido

  • I Am Legend (Allergic To Darkies)

    @ Do more reading

    what you riding on a 600 ??? LOL

    I pulled out the Busa yesterday ..You need a upgrade

    • I Am Legend (Allergic To Darkies)

      True you might get me off the line but I guarantee you id run you down ..You and I both know that

    • Do more reading

      LOL..Im chipped up homie, Busa’s are snacks 2 “topgear”…lol. b4 u get up ur speed, race is over. But come on down here to NC, oh and bring ur $$$, I like $$$.

    • I Am Legend (Allergic To Darkies)

      What part of NC you in ??? I got some homeboys in Fayetteville that gonna hit up Bike week in SC so I might be in town

    • Do more reading

      Im more in the Triad and Charlotte area..mostly. Havent been around Fayettenam in a while, but when it gets warm, Im everywhere. Might turn up in SC also. If I see a weak Busa on the streets, I know it u…LOL.

  • No Homo

    *pushing up roses @the picture*

  • REAL REAL TALK

    YEAH ALL THESE LAME EXCUSES JUST TO RISE THE PRICES.AND FOR THE PEOPLE TAKING THE BUS YALL GONNA HAVT TO PAY MORE ALSO JUST TO SIT IN THE BACK OF THE BUS SO YALL NOT SAFE EITHER LETS ALL JUST GET READY TO WALK WHERE EVER WE GOTTA GO?????

    REAL REAL TALK

    P.S EXCEPT IF YOUR GOING TO SOME H?OE HOUSE FOR SOME A?SS THEN DRIVE TO IT

  • that's crazzy crazzy

    White folks y’all mad too! Let’s go do what our forefathers did kick their azz and take the country! Then we can name our oil companies AMERICA KICKED AZZ PETROLEUM! Bump some British Petroleum!

  • mixed bad chick

    The gas is getting out of control. I will most definitely be driving my car and leaving my truck at home til these prices go down.

  • that's crazzy crazzy

    Ain’t riding no bus! Working too dang hard to pay the payments, taxes and plates on my BMW..kick they azz and take the OIL! We already paying for our army and theirs!

  • nymphis

    I make that mud run every year in south carolina

  • mixed bad chick

    @thats crazzy crazzy
    Lmao @ America kicked azz petroleum! Yeah maybe we do need to do tht becuz trying to be nice ain’t working.

  • that's crazzy crazzy

    @mixed bad chick
    I totally enjoy your “keep it clean” comments

  • mixed bad chick

    Thanx, I try. I het a lil crazy here n there;)

  • Hmm

    Oh boy I might have to sell my Mercedes Benz for a Toyota geezs lol

  • YEAYISAIDIT

    GLAD MY SHYT PAID FOR 🙂

    SO BRING IT 🙂

  • BLACK WOMAN'S KRYPTONITE

    SHUT UP MUTT B!TCH

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