Fuel Hits $100 a Barrel

The rising cost of fuels has people wondering what advice economists will give them next. The price of oil just recently reached $100 a barrel for the first time. At the pump gas is priced at around $3.19 up 27 percent from last year and diesel at $3.62 up 28 percent. Transportation costs have risen almost 9 percent on top of the rising costs of, among other things, education and housing. [Source: Burlington Free Press]