29.05.2014 - America's oil boom and the price at your pump

After a harsh winter, it's time to get out and hit the open road. So what's with $4-a-gallon gasoline? North American oil production is on the rise, so you might have expected a break at the pump by now. Yet gas prices remain stubbornly high. What happened to the homegrown energy boom? Isn't there and oil and gas boom in the Permian Basin and North Dakota? How come gas isn't back to $2 a gallon?..............................................Full Article: Source

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