Despite the mushrooming civil war in Iraq, led largely by the insurgent organization known as the Islamic State in Iraq and Syria (ISIS), Americans are paying scarcely more to fill up their cars today than they were a month ago. This is especially surprising, considering that Iraq is the world’s fifth-largest oil-producing nation.
As of this writing, the national average price of gasoline at the pump had risen every day for more than a month. Ouch! And while there are some potential signs that the price run-up may just about have exhausted itself, it seems none of the experts being quoted these days can say definitively why gas […]