fixed income

Wave Goodbye to $3 Gasoline

Posted on 07/18/2013 by | Washington Watch | Comments

Bulletin Today | Money & SavingsFirst the bad news: Gasoline prices are at a summertime high. Now the really bad news: Sometime soon we might look back on these as the good old days. AAA’s Chris Plaushin, testifying on July 16 before the Senate Energy and Natural Resources Committee, said prices may never go below $3 a gallon again. The next day, prices inched up to an average of $3.66 a gallon for regular unleaded, according to Michael Green, who tracks prices for AAA. That’s …