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Posted: 6:53 PM Jan 3, 2009
Stateline Gas Price Spike
If you were out and about town today, you probably noticed about a 20-cent spike in gas prices.
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1 Comments 
Fuel at the Shell Station off Meridian Road went up 25 cents from yesterday. And gas stations across the stateline are showing similar increases. Oil prices went up $1.74 yesterday to $46.34 a barrel. That's still not bad compared to July's peak of $147 a barrel. Local drivers say they'll take $1.88 a gallon anyday over what we were paying just a few months ago.
"I still think they bottomed out; it's still as low as they're gonna get I think," says Dick Metz, of Winnebago.
Kevin Beaty of Rockford says, "It's not good, but it's better than the $4 per gallon we had before."
"We still have to buy the gas, so we're stuck with it," says Fred Kirchner.
Meanwhile, the National Commission on Surface Transportation Infrastructure Financing plans to request Congress raise the gas tax by 10 cents a gallon, and the diesel tax by 12-to-15 cents a gallon. The current tax rates are 18.4 cents per gallon for gas, and 24.4 cents a gallon for diesel.
Latest Comments
OPEC cut production and vowed to keep cutting until they reach their 80-100 per barrel.We need to get on with becoming an energy independent country.Take some of those billions in bail out funds and bail America out of it's dependence on foreign oil.It would cost the equivalent of 60 cents per gal to charge and drie an electric car.The elec could be generated by wind or solar.If all gasoline cars, trucks, and suv’s instead had plug-in electric drive trains, the amount of electricity needed to replace gasoline is about equal to the estimated wind energy potential of the state of North Dakota. Take some bail out bucks and make this technology more affordable to the average Joe. Create cheap clean energy, new badly needed jobs and get us out from under the crippling power other countries have on us by our dependence on their oil. I just read a book by Jeff Wilson called The Manhattan Project of 2009 Energy Independence Now. It was a real eye opener for me.Congress needs to read it too.
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