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On This Day In History, Gas Prices Have Never Been Higher | Zero Hedge

On This Day In History, Gas Prices Have Never Been Higher | Zero Hedge.

It seems not a day goes by when the mainstream media (or your local friendly asset gatherer) proclaims the drop in gas prices from a Middle-East-turmoiling Summer as “great news” and very positive and an implicit tax cut… as they try to juice hopes and dreams of a better-than-expected holiday spending season. The sad truth – something unusual in this new normal – is that regular gas prices (at $3.258) have never been higher on Christmas Eve. It seems context does matter…

Yesterday, we inched out 2012’s $3.247 and moved to $3.258 per gallon…

This is the first time since March that gas prices have been at seasonally-comparable record highs.

 

Petrol prices push inflation to highest since April 2012 | Business | guardian.co.uk

Petrol prices push inflation to highest since April 2012 | Business | guardian.co.uk.

 

Gas Prices Have Biggest Daily Jump In 6 Months | Zero Hedge

Gas Prices Have Biggest Daily Jump In 6 Months | Zero Hedge.

 

Indonesians rally against fuel price hike – Asia-Pacific – Al Jazeera English

Indonesians rally against fuel price hike – Asia-Pacific – Al Jazeera English.

 

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