Shock. The average price of gasoline has now been above $3 per - TopicsExpress

Shock. The average price of gasoline has now been above $3 per gallon for 1290 straight days. Well dont look for the price to drop below that level again. There are two reasons why people are saying that the US has more energy assets in reserve than ever before. One is the price of oil, which makes it feasible to extract oil that had previously not been economically recoverable. The second is the widespread use of hydraulic fracturing technology, which has dramatically increased access to natural gas. This nation could be energy-independent in short order if the federal government would just get out of the way.

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