[link]( https://www.sfgate.com/bayarea/amp/California-gas-nears-10-dollars-17218407.php)
Over the past six months, the average retail price of gasoline has risen from $2.12 a gallon to $4.62 a gallon ([Link]( https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EMM_EPMR_PTE_NUS_DPG&f=W)). The average family uses about 1,100 gallons of gasoline a year. That means that annualized fuel costs have risen by $2,750 for the average family in just six months.
At / CL $118, state avg of $6.25/gallon, according to AAA. Banks are saying /CL $180 is in the cards.
You want a play?
Short DAL, July puts.
