Is the recent increase in gas prices beneficial to the United States

Last week, the average price of gas at the pump in the United States was $4.58 per gallon. It will almost certainly rise above $5.00 shortly, as it is currently above $6 in California.

In comparison to Europe, gas prices in the United States are low. The price of a trip to London for the Queen's Platinum Jubilee is $5.79; a trip to Paris in the springtime is $5.54, and a trip to Rome to meet the Pope is $5.96. Some of the countri....