Fri March 16, 2012
The temperature isn't the only thing that seems to be rising lately in the Granite State, so are gas prices. The cost of a gallon has gone up by about 20 cents in the last month and it shows no signs of slowing down. Some are predicting that by the summer we may be paying upwards of 5 dollars for a gallon of gas. Global energy markets blame harsh weather in Europe, tensions with Iran and a cutback in exports from such countries as Syria, Yemen and South Sudan. Some suggest that higher gas prices may not only affect the average driver's wallet, but upcoming political races as well, as we move toward election season. Today we look at the frustrations over fuel and what if anything can be done about it.
Professor Masood Samii: Chairman of the International Business department and director of the Institute for International Business at Southern New Hampshire University, and former chief economist for OPEC.
Gregg Laskoski: senior petroleum analyst for GasBuddy.com, a group of local websites that offers gas-price information to consumers.