The Price Of Oil

Most people believe that the U.S. dollar is the currency of the world, but really it is oil. Without oil, the global economy that we have constructed simply could not function.

That is why it was so alarming when the price of oil went above $100 a barrel earlier this year for the first time since 2008. Virtually everyone agrees that if the price of oil stays high for an extended period of time it will have a highly negative impact on the world economy.

In particular, the U.S. economy is highly, highly dependent on cheap oil. This country is really spread out and we transport goods and services over vast distances. That is why the following facts are so alarming....
*The average price of a gallon of gasoline in the United States is now 75 cents higher than it was a year ago.

*In San Francisco, California, the average price of a gallon of gasoline is now $3.97.

*According to the Oil Price Information Service, U.S. drivers spent an average of $347 on gasoline during the month of February, which was 30 percent more than a year earlier.

*According to the U.S. Energy Department, the average U.S. household will spend approximately $700 more on gasoline in 2011 than it did during 2010.

Rising prices of gas at the pump can be a real budget killer. While we can't do anything about the world events affecting oil, we can take charge of our family budget. Learn how to save $0.40 to $0.90 per gallon of gas with XP3 from Fuel Direct!

Gas Prices Soaring!

According to the Oil Price Information Service, U.S. drivers spent an average of $347 on gasoline during the month of February, which was 30 percent more than a year earlier. This represented 8.5% of median monthly income. So what is going to happen when gas prices go even higher? Sadly, the average price of gasoline in the U.S. has risen another 4 cents since yesterday and it is likely to go much higher from here.

If gas prices are eating up your family budget, what is the answer? Fuel Direct! Fuel Direct members are currently saving between $0.40 to $0.90 per gallon of gas. This is at today's prices. As gas prices go up the savings per gallon go up.

Go to www.fueldirectsavings.com for more details on how you too can save money on gas and earn cash!