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Image: Soaring Gas Prices Threaten Family Budgets

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Soaring Gas Prices Threaten Family Budgets

Feb 27, 2008 - Gasoline prices, which for months lagged behind the big run-up in the price of oil, are suddenly rising quickly, with some experts saying they could approach $4 a gallon by spring. Diesel is hitting new records daily, and oil settled at a record high of $100.88 a barrel on Tuesday.

The increases could not come at a worse time for the economy. With growth slowing, energy increases that were once…

» Full Story on Huffington Post