The price of a gallon of gas hit an all-time high last week, but that doesn't mean the cost of a gallon of gas is going down.
In fact, it's going up, the Wall Street Journal reports.
The average price of a gallon of gas hit $3.87 on Monday, up 12 cents from a week earlier.
But that's still about 30 cents less than it was a year ago, and it's still a far cry from the cost of a gallon of crude oil, which hit an all-time high of $61.58 on Tuesday.
The price of a gallon of gas is expected to keep rising, but not as much as the cost of food.
In fact, the price of a gallon of gas is expected to stay about where it was for the rest of the year, the Journal reports.
In fact, the price of a gallon of gas is expected to stay about where it was for the rest of the year even as the price of crude oil hits record highs, the Journal reports.
In fact, the price of a gallon of gas is expected to stay about where it was for the rest of the year even as the price of crude oil hits record highs.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.