SmallGovTimes.comRetail gas hits record $3.50 a gallon as oil marches higher By: News Bites | Published on 04/21/08 Rising gasoline prices tightened the squeeze on drivers Monday, jumping for the first time to an average $3.50 a gallon at filling stations across the country with no sign of relief. Crude oil set a record for the sixth day in a row -- this time closing above $117 a barrel -- after an attack on a Japanese oil tanker in the Middle East rattled investors. Original URL: http://www.smallgovtimes.com/story/08apr21.117.barrel.arrives/index.html |