QUOTED FROM AM980
Not only are gas prices as high as they've been all year in London, they're now approaching record territory.
That's almost more expensive than the all-time local high of $1.37 per litre.
When we were paying those prices in September of 2008, oil was selling for $146 a barrel. Almost three years later, gas prices have returned to near record levels while crude has plummeted.
Oil was trading at just under $108 a barrel early Friday.
This time last year, most London stations were charging 99 cents a litre for regular. That's what drivers in most parts of Michigan are paying right now.
Not only are gas prices as high as they've been all year in London, they're now approaching record territory.
That's almost more expensive than the all-time local high of $1.37 per litre.
When we were paying those prices in September of 2008, oil was selling for $146 a barrel. Almost three years later, gas prices have returned to near record levels while crude has plummeted.
Oil was trading at just under $108 a barrel early Friday.
This time last year, most London stations were charging 99 cents a litre for regular. That's what drivers in most parts of Michigan are paying right now.
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