Sunday, September 16, 2012

Gas Prices at Ultimate High

Gas Prices at Ultimate High

By April Qualls  2B



Labor Day weekend is the weekend where you can spend time with your friends and family, and not have to worry about having to go to school on the following Monday morning. You can also plan a vacation getaway for the 3-day weekend as well. An average of 500,000 plus travelers, traveled this weekend, but that didn’t stop the gas prices everywhere, from rising up.

Gas prices have risen up to their all-time high for a Labor Day weekend, up to $3.80, but that didn’t stop any traveler this weekend. Most of the time, we wouldn’t normally worry about the price of gasoline being so high; but now, it’s becoming harder and harder not to look up and notice the advertisement sign of the high prices now. All around the world, the price of gas is either becoming high or low. Some states, like Colorado, New Mexico, and South Carolina, have prices that average about $3.50 a gallon, while others, like Hawaii, Illinois, and California, have more higher prices, offering up more than $4 a gallon. GasBuddy.com has reported that the price of gas hit $3.80, going up 14 cents from the same time last year, being the highest price of gasoline ever recorded during a Labor Day weekend, beating the record of $3.68 set in 2008. AAA reports have stated that the average gas price is now $3.83. Gas prices grew by nearly 31 cents a gallon in August, and have risen 11 cents since the 22nd of August of this year.

Some people do not understand as to why some states have reasonable prices, while other states have questionable ones. But all that is thanks to Hurricane Isaac, which has forced oil refineries located on the Gulf Coast, to shut down. That is why the price of gas has become so high in the past few weeks. Millions of people are being affected by these high prices, because it’s hard to pay such a high price. People who cannot afford to pay the large amount of money for gas, have now opted to walking to their desired destination, or by taking the buses that operate all day, nowadays, rather than driving their own vehicles.

Someday, these high prices will lower. But as of today, many people are now beginning to think that these prices will eventually get higher and higher, making gas even much harder to pay for. I, along with many others, wonder if these prices will ever lower; but I do know one thing: that we just have to wait for oil refineries to open back up, and then maybe…just maybe…prices might lower a little bit.

This information is provided byhttp://www.foxnews.com/us/2012/09/03/us-gas-prices-at-highest-ever-for-labor-day-weekend/?test=latestnews

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