NEW YORK ( MainStreet) -- If you think that gas prices are out of control, think again. At less than $4 a gallon nationally -- and during the summer, no less -- Americans are like the pampered gas guzzler of the Western world.
Try the U.K., where the most recent weekly rate for gas was $7.79, or the Netherlands, where the price of gas now tops $8.
It's good to be an oil-producing country, but even with the U.S. profile as an oil producer on the rise -- "The Middle East of the 21st Century," as the rhetoric now goes, thanks to fracking -- other countries retain far greater influence over the ups and downs in the pain at the pump.
No, gas prices aren't out of control compared with the rest of the world, however, the past week's action in gas prices does show that gas prices remain out of your control, specifically. A spike often has nothing to do with actual consumption, little to do with dynamics in the oil market supply chain, but amounts to much ado about geopolitical risks dominating the headlines.According to the most recent
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