What makes gas prices soar

As reported by one of my colleagues...For truth in advertising, the below story should have read:

Olympia: $2.56 gas + 18.4 federal tax + 31 cents state tax (increasing 3 cents 7/1/06, 2 cents 7/1/07 & 1.5 cents 7/1/08) = $3.05 per gallon

Seattle: $2.59 gas + 18.4 federal tax + 31 cents state tax (increasing 3 cents 7/1/06, 2 cents 7/1/07 & 1.5 cents 7/1/08) = $3.08 per gallon

Tri-Cities: $2.48 gas + 18.4 federal tax + 31 cents state tax (increasing 3 cents 7/1/06, 2 cents 7/1/07 & 1.5 cents 7/1/08) = $2.97 per gallon

Spokane: $2.40 gas + 18.4 federal tax + 31 cents state tax (increasing 3 cents 7/1/06, 2 cents 7/1/07 & 1.5 cents 7/1/08) = $2.89 per gallon

Vancouver: $2.46 gas + 18.4 federal tax + 31 cents state tax (increasing 3 cents 7/1/06, 2 cents 7/1/07 & 1.5 cents 7/1/08) = $2.95 per gallon


AAA: Average price of gas in Washington $3.04 gallon
5/3/2006, 6:48 a.m. PT

The Associated Press

SEATTLE (AP) — The Triple-A auto club says the average price of a gallon of gasoline in Washington is up another two cents today to three-dollars-four cents a gallon ($3.04).

That's up 44 cents in the past month.

Some gasoline prices for metro areas, according to the Triple-A:

Bellingham $3.16

Bremerton $2.98

Olympia $3.05

Tri-Cities $2.97

Seattle-Bellevue-Everett $3.08

Spokane $2.89

Tacoma $3.03

Vancouver $2.95

Yakima $2.97