Gas Prices Jump
No surprise there: blackout took 7 refineries offline for a few days, there was a big pipeline rupture in Arizona, it's coming up on Labor Day weekend ... Here are some links to articles discussing the gas price spike, from the Los Angeles Times (registration required), CNN/Money, and the Associated Press. I agree with Stephen Karlson's assessment of gasoline prices:
When you see unleaded regular at $2.73 a gallon (I'm not sure how the Energy Information Administration treats taxes) give me a holler.
In other words, the real price of gasoline is still low.