In the last month, gas prices in Georgia have gone up 20 cents. In
the last three years, prices at the pump have steadily risen an extra $2 a
However, the roller coaster ride started in July 2008 when people
were paying a little over $4 for a gallon of gas.
Then, the great recession began and prices hit an average low of
$1.48 in January 2009.
Compared to that price, if you fill up your 12 gallon tank once a
week, you are paying an extra 1,248%.
Who is to blame for these prices? Oil companies love to talk
about Israel and Iran while some blame the President. But, the facts are Exxon Mobile's
profits were up about 50% over the previous year. Profits in 2010 were $19
billion and $30 Billion in 2011. So, part of the blame could go to
federal regulators who, 13 years ago, let #1 Exxon and #2 Mobile merge.
But, if you think gas is expensive here, we've actually got it
good compared to many other companies.
Canada's average is a dollar more than the U.S. Italians pay
nearly $6.00. The big differences are steep fuel prices.
On the other end, in oil-rich Saudi Arabia, motorists pay $0.90
per gallon. The lowest price of a gallon in the world is $0.12 in
Monday, May 20 2013 8:39 PM EDT2013-05-21 00:39:48 GMT
An anonymous tip led investigators to arrest two men accused of taking an iPad from a teen and running him over with a vehicle, according to Las Vegas Metro police. Michael Solid, 21, and Jacob Dismont,More >
An anonymous tip led investigators to arrest two men accused of taking an iPad from a teen and running him over with a vehicle, according to Las Vegas Metro police.More >
Monday, May 20 2013 11:48 AM EDT2013-05-20 15:48:21 GMT
Authorities released the names of three people who died after a head-on collision involving a driver going the wrong way on Interstate 15 Sunday. According to the Clark County Coroner's office, the threeMore >
Authorities released the names of three people who died after a head-on collision involving a driver going the wrong way on Interstate 15 Sunday.More >
Monday, May 20 2013 12:19 PM EDT2013-05-20 16:19:36 GMT
A man killed in an explosion and fire at a business near Nellis Air Force Base sustained first and second degree burns to 80 percent of his body, according to medical examiners. The Clark County Coroner'sMore >
A man killed in an explosion and fire at a business near Nellis Air Force Base sustained first and second degree burns to 80 percent of his body, according to medical examiners.More >
Monday, May 20 2013 2:54 PM EDT2013-05-20 18:54:57 GMT
A new Raising Cane's Chicken Fingers restaurant in Las Vegas means more jobs as the company opens the valley's sixth location. The eatery at 1915 Rock Springs Drive, near Lake Mead & 95 marks the firstMore >
A new Raising Cane's Chicken Fingers restaurant in Las Vegas means more jobs as the company opens the Valley's sixth location.More >
Friday, May 17 2013 7:16 PM EDT2013-05-17 23:16:53 GMT
One person has died in a crash near Harrisonville, MO, Thursday evening. The crash happened on Missouri Highway 7 and Walker Road. It involved a car and a tractor-trailer. Harrisonville is in Cass County.More >
Savannah Nash celebrated her 16th birthday last week. She died Thursday when her car slammed into a semi while she was texting during her first time driving by herself.More >
Thursday, February 21 2013 3:40 PM EST2013-02-21 20:40:03 GMT
A woman arrested Tuesday was seen engaging in sexual acts with a pit bull while outside in a backyard and in view of neighbors, Las Vegas Metro police said. Metro Wednesday released the report describingMore >
A Las Vegas woman was arrested Tuesday after authorities caught her having sex with a pit bull in her back yard, according to Metro police.More >
Monday, May 20 2013 2:48 PM EDT2013-05-20 18:48:55 GMT
This week's Pet Pal is adorable dog named Mako. Mako is a seven year old Chi-Weenie, chihuahua and dachshund mix with stunning merle coloring and blue eyes. Nevada SPCA representatives said he was rescuedMore >
Mako is a 7-year-old chi-weenie, Chihuahua and dachshund mix, with stunning merle coloring and blue eyes.More >