Shock at pump stems from high crude oil prices

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Traffic on Juan Tabo Boulevard in Albuquerques Northeast heights stacks during a peak time of the day. In the distance Sandias solar tower its mirror reflecting the New Mexico sunlight suggests an energy future that will see less reliance on fossil f ...
Traffic on Juan Tabo Boulevard in Albuquerque's Northeast heights stacks during a peak time of the day. In the distance, Sandia's solar tower, its mirror reflecting the New Mexico sunlight, suggests an energy future that will see less reliance on fossil fuels and more on alternative sources. (Photo by Randy Montoya)

Next time you visit the gas station and fill your tank with $3.50 or more a gallon gasoline, reflect on this. Nine years ago you could have bought that same gas for 98 cents a gallon. What is going on?


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All News summaries for April 24, 2008