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

Investmentwatchblog.com
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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