Carpool to grandmother's house
Heading home for the holidays? Then you might like to know that you'll be ponying up an extra 20 cents per gallon at the pump by Thanksgiving. That's according to Guy Caruso, head of the US Energy Information Administration.Last week's spike in crude prices, topping out at a record $98 a barrel, is mainly to blame. Then, compound that with tight supplies and declining inventories. The resulting high prices will be coming down the pipes just in time for the holiday season -- bummer.
So, right about now you probably want to start buttering up your friend who owns a hybrid and is going your direction for turkey day. Anyway, look at the bright side: if there's one thing that the government never seems to get right, it's how much something is going to cost.
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