TodayApril 16, 2022

Fuel prices continue to rise

There is no shock left when people see oil over $100 a barrel anymore. Just as the stock market goes up $150 one day and down $175 the next without much explanation, so goes the price of oil. Volatility is the name of the game.

It makes sense that President Bush doesn’t know that gasoline could go to $4 a gallon this summer. He doesn’t know it is already over $4 a gallon in California. Just last week, gasoline was $4.23 at a gasoline station in San Mateo, CA.

This week in Gorda, CA gasoline was $5.19.

The bad news is that we’re not developing our energies at the same pace that we are developing our countries or our industries.

What breakthroughs have there been?

Lou Ann Hammond

Lou Ann Hammond is the CEO of Carlist and Driving the Nation. She is the co-host of Real Wheels Washington Post carchat every Friday morning and is the Automotive, energy correspondent for The John Batchelor Show and a Contributor to Automotive Electronics magazine headquartered in Korea. Hammond is a founding member of the Women's World Car of the Year #WWCOTY, and board member of the Women in Automotive.

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