Crude is King
Written by: Aaron Katsman | January 20, 2009
According to the AAA Daily Fuel Gauge Report, “Average U.S. gasoline prices rang up at $1.84 a gallon on Tuesday, up from $1.67 a gallon a month ago.” That certainly is a far cry from the $4 plus a gallon that we had 7 months ago. Funny how those championing alternative energies have gotten awfully quiet.
What does all this mean? Once again Crude is king and it’s going to be really hard to knock it off the throne.
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