Breaking through the bubble
Gas prices up 19 cents over past three
weeks
Gas prices soared at an average of 19 cents in the past
three weeks due to lingering high crude oil prices, growing
demand and higher refining costs, an industry analyst said.
The average retail price for all three grades increased 18.95
cents to $2.32 per gallon between March 18 and April 8. The
most popular grade, self-serve regular, was priced at $2.29 a
gallon, while customers paid $2.38 for mid-grade. Premium
averaged $2.48 a gallon for the period. Last week, the Energy
Department said it expects gasoline prices to average $2.35 a
gallon nationwide in May, the dawn of the heavy summer
driving season. The highest average gas price in the nation
for regular unleaded was $2.62 a gallon in Bakersfield. The
lowest price was $2.06 in Newark, N.J.
Bush hosts Sharon at Texas ranch
President Bush begins a spring schedule of hands-on
diplomacy with Middle East leaders, but his opening session
with Israeli Prime Minister Ariel Sharon was overshadowed by
a renewed dispute over Israel’s settlements in
Palestinian territories. President Bush discussed
Israel’s plan to pull out of Gaza as well as settlement
activity in the West Bank during his meeting with Prime
Minister Sharon in Crawford, Texas. The United States has
objected to an Israeli plan to add 3,650 homes to the West
Bank’s largest settlement, Maaleh Adumim. The plan
would cut off Arab neighborhoods in Jerusalem from the rest
of the West Bank. Israel insists it has the right to continue
expanding these settlements. The United States opposes any
further construction there, saying it threatens peace with
the Palestinians and violates the internationally backed
“road map” peace plan that calls for a settlement
freeze.
China, India take steps to improve ties
India and China, the world’s two most populous
countries, have agreed to create a “strategic
partnership” in an effort to end their longstanding
border dispute and boost trade and economic cooperation. The
agreement signaled a significant shift in relations between
the two Asian giants after decades of mutual distrust and
suspicion. Together the two nations account for one-third the
world’s population. The statement announcing the
partnership was signed by both premiers and said the
agreement would promote diplomatic relations, economic ties
and contribute to the two nations “jointly addressing
global challenges and threats.” The two countries also
signed a draft of agreements for cooperation in such diverse
areas as civil aviation, finance, education, science and
technology, tourism and cultural exchanges.
No more drinking and driving in Montana
State lawmakers in Montana passed an open-container ban that
makes Montana one of the last states to outlaw drinking while
driving. The Montana House approved the bill 76-21 and sent
it to Gov. Brian Schweitzer, who has said he will sign it. It
takes effect Oct. 1. The delay is designed to let Montanans
get used to the prohibition, which until now had been found
only in cities and towns, not out on the open highway. Only
Mississippi now lacks a state law against open containers,
though many cities and counties there also prohibit open
containers locally. While Montana had stood to lose $5
million a year in federal highway funds if it failed to pass
the law, the debate focused on balancing safety and personal
freedom.
Compiled by Sarah Moser from http://www.msnbc.com
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