Less than 10 years ago , gas was 99 cents a gallon. But since May 2004, when the U.S. average first topped $2, the upward movement has been fairly steady. The $3 plateau was topped in September 2005, and the U.S. average could rise above $4 this week - even as it moved closer to $5 in the Bay Area.Oh yes, you can believe that we California drivers are feeling the pinch. Prices in Scotts Valley are slightly above $4.50 now.
Folks who study this stuff (and are quoted by mainstream media) believe that price volatility cannot hide an unmistakable reality: "This much is certain: Gas will never be cheap again."
Read Matt Nauman's entire article, Why gas costs more, more, more