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Tuesday, 02/14/2012 10:35:31 AM

Tuesday, February 14, 2012 10:35:31 AM

Post# of 784
High Gasoline Prices Will Come Back To Haunt Us


While many people are rejoicing over the recent inflation rally they may want to look at the price of gasoline. The United States Gasoline Fund (NYSEARCA:UGA) has surged higher with the stock market since December 19, 2011. At that time, the UGA was trading as low as $45.17 a share. This morning, the UGA is trading at $54.53 a share. That is a gain of $9.36 a share in just eight weeks. The average price for regular unleaded gasoline at the pump is now $3.51 a gallon in the United States. Prices in California and other parts of the country are around the $4.00 a gallon level. ...Continue reading here: http://bit.ly/w4yfmz

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