Behind the curve

The Energy Information Administration came to this earth rattling conclusion in their latest oil market review.

"Some stations have already posted prices for regular gasoline that exceed $3 per gallon and it is certainly possible that average retail prices across the country could reach that level sometime this year,"

This year? How about this week! I was out today and most gas stations are within pennies of $3 a gallon. We'll certainly be there by May.

How much taxpayer money is wasted on this agency? Maybe that should be the EIA's next report. No that would be a waste of money too.

Hat tip- Poliblog
Open Post- Freedom Watch, Right Wing Nation,