The average price of gasoline in the US rose to $3.93 per gallon, an increase of 11.49 cents in the last two weeks, according to the Lundberg Survey conducted across the nation.Tulsa, Okla., has the nation's lowest average gas price at $3.58, while Chicago has the highest at $4.56.
The bicycle is the most efficient machine ever created: Converting calories into gas, a bicycle gets the equivalent of three thousand miles per gallon. ~Bill Strickland
Oil prices have climbed this year following attempts by the US and Europe to push for sanctions against Iran. The US and other western nations have alleged that Iran is in the process of building a nuclear weapon, a claim denied by Tehran. In response, Iran has threatened to withhold oil deliveries and block the Strait of Hormuz, through which a fifth of the world's oil flows.
With the upcoming presidential election, the rising gasoline price is of serious concern to President Barack Obama.Republican candidates blame the Obama administration for high fuel prices. Mitt Romney’s address to a crowd earlier in March in Vernon Hills was a clear indication of this. “With the economy looking like it's getting a little better on the employment front, gasoline's getting a lot worse,” Romney said. The focus of the attack has certainly moved towards gasoline prices.