With all the protests and political upheaval in the mid-east now, the latest news is that Bahrain is in turmoil. Saudi Arabia is expected to be next. The price of gasoline has already risen to $3 in the DFW area, and $3.50 national average. The price is expected to surge even higher by end month. Plus the additional 5-10 cent cost of the petrol companies switching over to the "summer blend". I would not be surprised to see regular unleaded at $3.75 here in DFW by end of March. (They are saying more like $4 nationally) I dont know if it will be as bad as summer of 2008, but we'll see.
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