More bad news for American motorists faced with high gas prices. BP has had to shut down a major pipline in Alaska, eliminating some 400,000 barrels of crude oil a day from the nation's supply. And considering that Americans now consume about 15 million barrels a day, that 400,000 amounts to, um, er, a "measurable" percentage.
As a result of tightening supplies, the price of gasoline has now hit an average of $3.07 a gallon. That's just a penny short of the record prices set last year in the days after Hurricane Katrina.
Hell, at this rate, we'll soon be paying almost half as much for gasoline as the rest of the world!