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You can contribute this rise to many different events.
After Hurricane Katrina last month, the gas prices soared ridiculously high. In one day, gas prices jumped from $2.35 per gallon to $3.29 per gallon. In some places, it went as high as $3.50. I saw some gas stations close their pumps because they couldn't handle the rush of the consumers to fill their tanks before prices increased even more. Price gauging ran rampant; every station tried to get every cent they could before the world ended and gasoline no longer existed.
The author of this article brings up the point of how this situation will ever subside...
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