FIVE Facts About Gas Prices: pAs Gas Prices Rise, GOP Wants Even More Handouts to Big Oil Though oil demand is at its lowest since 1997, oil prices (and gas prices along with them) are once again on the rise. Analysts are projecting gas prices will top $4 a gallon nationally and perhaps reach record highs later this year. Despite relatively low [...]/p
"The number of oil drilling rigs in the U.S. hit a record last week, having quadrupled in number over the past three years. Between oil and gas drilling rigs, the U.S. now has more rigs at work than the rest of the world combined."