Photo: Wikimedia Commons
Just in time for the home-stretch of the Presidential campaign, gas prices are becoming a big story again.According to AP, the price of a gallon of gas is up about 30 cents nationally from a month ago. An average gallon of regular is now $3.71.
Gasoline prices surged in the spring, and everyone thought they would cause a summer of hell for drivers and consumers, but they faded. However, with the economy apparently gathering steam, and oil crossing back over $95, gas is back.
Reuters reported yesterday that at The White House, the idea of opening the Strategic Petroleum Reserve is back on the table — a classic election-time move.
The economy does seem to be strengthening a little, but this is always a speed break, and one that consumers notice fast.
Business Insider Emails & Alerts
Site highlights each day to your inbox.