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Fighting Arab Nations Are Costing You Hundreds at the Gas Pump

Posted, by sara nunnally on June 14th, 2011

You know, gasoline prices are supposed to climb as we head into summer, but things are getting a bit ridiculous!

Gasoline prices are up nearly $1.06 a gallon from last year, and it's not even summer yet.

Why is this happening? Well, the Arab nations of OPEC are fighting...

OPEC decided not to produce more crude oil. Or rather, Iran and its cohorts blocked Saudi Arabia's efforts to try to boost production.

Aside from the crummy effect this had on crude oil prices just after the meeting last Wednesday, there are some bigger issues coming to the surface.

Authored by, sara nunnally
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