Video: Gas Prices Up, Oil Still Down in the Ground
Nicolas Loris /
It’s summer and that means gas prices are creeping up and although projections indicate we’re not headed toward $4-a-gallon gas; last summer was a fresh reminder of just how quickly gas prices can skyrocket. Despite America’s overwhelming public support for more drilling, the White House has put many drilling projects on hold. While the oil wouldn’t be commercially available for years, the time to get started is now, and there may be far more oil in Alaska and immediately off its shore than previously thought.
[youtube]http://www.youtube.com/watch?v=vDDO_w3DtsU [/youtube]