Minggu, 27 Maret 2011

Gasoline prices are on the rise


Gasoline prices are on the rise. And as surely as we can say that more Americans will start putting half-tanks into their cars and complaining loudly about the extra $20 or so a month they'll need to shell out—and schemes like drilling into fuel tanks emerge—let the rush on small cars resume.

According to the U.S. average retail price is about $3.53—that's up nearly 40 cents from a month ago—and they've already climbed nearly 35 cents in March due to the political turmoil.

And in this almost farcical, yet predictable turn—yes, it does seem that U.S. motorists have a very short-sighted take on the energy market—small cars and hybrids are suddenly looking like the stars of the showroom again. Even though hundreds or thousands might be lost in the trade.

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