Gas prices soar | Business Weekly

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Daily News | Gas prices soar | Business Weekly

of $4.16 set in 2008, according to AAA and GasBuddy, though if you factor in inflation, the 2008 price would be the equivalent of $5.32 today.

Where they will stop, nobody knows. The price at the pump usually goes up more quickly than it comes down. Even if peace breaks and crude oil prices subside, the price of a gallon of gas might recede gradually.Board members of the Pennsylvania state workers’ retirement plan grappled last week with pulling their money out of Russian investments. No one questioned whether the move was the moral action to take.

 

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