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Analysis: Think $100 U.S. oil is bad? It's really much worse

• Reuters

Americans worried about the pain of $100 U.S. oil should worry a lot more.

Although $100 oil is the headline in U.S. newspapers, most refineries that supply fuel to service stations are paying the equivalent of a much higher price -- and those costs are already being felt when consumers fill up their vehicles.


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Comment by Powell Gammill
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Gasoline cost to jump $700 for average household

 http://www.reuters.com/article/2011/03/09/us-usa-gasoline-price-idUSTRE7286IO20110309


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