Apocalypse? US Inflation Spikes!!! JPMorgan Slashes Q2 GDP, Gas Prices Have Spiked, And People Are Tweet-Freaking Out About It, And Portugal’s Borrowing Costs Are Blowing Out Today

Friday, July 12, 2013
By Paul Martin

July 12th, 2013

Gas Prices Have Spiked, And People Are Tweet-Freaking Out About It

Gas prices climbed three cents overnight and are up about seven-and-a-half cents on the week, according to AAA, and people are not happy.

Gasoline prices are tied to Brent oil, which has climbed about 7% since June 30 on unrest in Egypt and stabilizing demand.

Here’s what people are saying on Twitter:

Check it out:

Gas prices heading up again. U.S. $3.52; Louisiana $3.37.http://t.co/q8NpNmeH7Spic.twitter.com/zE6thh1axb

— The Town Talk (@TownTalkDotCom) July 12, 2013

Gas prices jump 50 cents in less than a week?

— Dan Lawson (@cardzfan1) July 12, 2013

Ugh… Gas prices are up 25c in just over a week. Went up 11c this morning alone.

— Austin (@austink89) July 12, 2013

Overnight the gas price went from 3.27 to 3.49 #messedup#why?!?!

— Anna B. (@AnnaGraceNoel) July 12, 2013

Welcome to Terre Haute. Where the gas price raises $.50 overnight and where you get railroaded 1000 times in one day!

The Rest…HERE

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