Gas Price Update

Hot off the presses, last week was a bad week for gas price inflation. We took an almost 1% price rise on the chin last week and are up 18% in the last year, and it was worse for diesel (btw, BMW's diesel ad during the Super Bowl was clever, especially the takeaway message under the BMW logo that "Diesel Is Ch-Ch-Changing") with a 2.2% gain last week and a nearly 27% gain in the last year. Ben Bernanke has alot of culpability here, but guess what else is, well, nearly a year old? Brace for more of the same. I still can't believe Obama's political people don't get this, they are gambling with one of the iron clad rules of politics here.

UPDATE: Hey, I love the libertarian-leaning alternative media, but even they are only picking up on this now. Where ya' been?