No Gravatar

Gas prices hit $4 per gallon in the Philadelphia area after weeks of upwardly creeping costs. Adjusted for inflation, the $4 gallon of gas is higher than the cost of gas during the infamous 1973 oil crisis.

With gas currently at $129 per barrel, seven gas stations in the eight-county area have posted prices of $4 or higher for regular-grade gasoline yesterday, according to AAA Mid-Atlantic. Gas hit $4 per gallon at Connecticut pumps earlier in the month too, and it’s now the state average. One station owner predicts that he’ll be charging as much as $4.50 per gallon by July 4th.

“It seems like it’s been inching up every day, even if it’s just by a penny or two,” Catherine L. Rossi of AAA MidAtlantic said.

“We had expected that some stations in the Philadelphia area would reach $4. We’re hopeful that the average price would not top $4, though it is certainly possible,” she said. [philly.com]

Americans are now paying a national average of $3.80 for a gallon of regular gasoline, according to a survey by AAA and the Oil Price Information Service. The national average was $3.18 per gallon one year ago.

What do to? Drive less! If you can. here and learn more about bike sharing programs, or and check out tip #9 and find out about carpooling and van-pooling in your community. You can also learn fuel saving tips and with the Drive Smarter Challenge.

Related:

>> Soaring gas prices stumping pumps

>>Oil tops $129 for first time, heads for $130

>>Drivers feel pain of paying $4 per gallon

Join TakePart's community today!

Comments


10 Responses to “Gas Prices Hit $4 Per Gallon, Exceed ‘73 Oil Crisis Prices”

  1. [...] Gas Prices Exceed Those of 1973 Oil Crisis [...]

  2. I expect the internal combusion engine to go down in history as mankind’s worst understood invention.
    Why? The carnage from cars, the pollution from oil and plastic, and climate change!!!!
    Too bad we built our economy on it.
    How can we get rid of it??!!
    Muscle power?
    Brain power?

  3. paying online survey

    Wow! This was a really enlightening article.

  4. Saving Gas And Money

    I don’t mean to be too in your face, but I’m not sure I agree with this. Anyhow, thanks for sharing and I think I’ll come to this blog more often.

  5. 80’s fashion

    I Googled for something completely different, but found your page…and have to say thanks. nice read.

  6. [...] Check out Slate’s take on the “10 Second Rule” here, which says that if you’re going to be stopped for more than 10 secs, kill the engine. Find out why it’s not always legal in some cases, and how the rule stacks up against fuel savings in this age of astronomical gas prices. [...]

  7. Future Shop Cars For Sale Small Dogs For Sale

    I didn’t agree with you first, but last paragraph makes sense for me

  8. [...] error on drilling leases in the late 1990s. Um, yeah…’cause those oil companies are definitely not making enough money right [...]

  9. [...] Gas Prices Exceed Those of 1973 Oil Crisis [...]

  10. Just buy it all the complaining wont help anything!

Add your comments