Chapter . High Gas Prices
Gas prices, gas prices, gas prices! It sometimes seemed it was all anyone could think, talk, write, or draw for a few tense months in 2008 – and for good reason. The cost of crude oil topped an all time high of $160 per gallon. When gas prices leveled off above $4 per gallon, Americans felt the sting in their pocket books, and SUV sales tanked, bringing down the American auto industry. When the stock market crashed, oil prices crashed too and prices at the pump tumbled, but the auto industry was still a wreck.