Cost of gas in 2012 vs now

Thought for the day

This morning's announcement that the cost of crude briefly reached $130 per barrel exceeds the previous high set in 2012.  Back then, the average cost of gas at the pump in California was just over $4 a gallon.  Today, you can add another $1.50 to $2 a gallon to the cost of gas.  

Ending the war in Ukraine should be America's top priority.  If the U.S. cuts off all oil imports from Russia, how long will California drivers be willing to pay $6 a gallon or more for gas?  

One way to take the sting out of the high price at the pump is for the state to immediately issue $250 checks to all 27 million licensed drivers in California.  Given The Golden State's $31 billion surplus, Sacramento easily could afford the $6.75 billion pricetag.  War never is cheap.  I hope to see my $250 check soon.

-DF