Monday, September 3, 2012

US motorists swallow sky-high Labor Day weekend gas prices (Obama's Fault!)

reuters ^ | 9/3/2012 | Kevin Murphy

U.S. motorists hit the road in large numbers this Labor Day weekend, undeterred by gas prices that are the highest ever heading into the holiday in part due to Hurricane Isaac, which forced the closure of oil refineries on the Gulf Coast.

The average price of regular gas nationally was $3.83 per gallon on Friday, 21 cents higher than a year ago, according to AAA. And the price on Monday will likely easily beat the Labor Day record of $3.68 set in 2008, the non-profit automobile association said.

The weekend is one of the busiest on American roads.

In Overland Park, Kansas, Shelly Faught and a group of relatives packed up several vehicles for a drive to a lake home in Arkansas despite having to pay $3.79 per gallon at the pump.

"We needed the escape," Faught said as she gassed up a pickup truck hooked to a pop-up camper. "We were a little nervous about the gas prices rising but we had this planned."

(Excerpt) Read more at reuters.com ...

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