Turmoil in the Middle East is nothing new. Gas prices going up is nothing new. What is new is the possibility that we could be looking at prices at the pump lurking in the neighborhood of $5 a gallon by the summer. And that’s painful.
Remember the summer of 2008 when the highest gas prices on record occurred and the price for a gallon of fuel hit $4.11?
Hate to break this to yah, but a warm winter and tensions in the Middle East have some analysts predicting current prices will top $4 by this spring — and could even climb as high as $6.50.
Flying the friendly skies is one thing. Being forced to pony up the cash to do it while en route is something else entirely.
But that’s what happened on a flight operated by Austria-based carrier Comtel earlier this week.
A New Zealand coal mine experienced a gas explosion, 27 miners are missing says MSNBC. Read more after the jump.
A gas explosion ripped through one of New Zealand's largest coal mines Friday while dozens of workers were underground. Five of them, dazed and slightly injured, stumbled to the surface but 27 were missing, officials said...