Now gas price is highest among the last nine months. Only in the last week 30 cents per gallon of gasoline price has increased in the United States.
There are several factors behind this rise of oil price. There is a sense that the economy is improving and supply disruption from the oil producing countries is also a cause. Many analysts think that the tension between the Iran and the western countries has sparked the tendency of rising the oil price. Recent Israeli open threat to Iranian nuclear power plants could have also added the tension.
To know more on the inflation of gas prices please visit:
http://money.cnn.com/2012/02/23/markets/Iran_gas_prices/index.htm
http://seattletimes.nwsource.com/html/nationworld/2017563277_oil22.html