Watching the gas prices fall on the car wash sign has become a pleasurable pastime. Yesterday we were in the western 'burbs and saw most stations there with comparable, or even higher, prices. Enjoy it while it lasts, folks!
Watching the gas prices fall on the car wash sign has become a pleasurable pastime. Yesterday we were in the western 'burbs and saw most stations there with comparable, or even higher, prices. Enjoy it while it lasts, folks!
I just got back from St. Louis where the gas was $1.99 a gallon. Needless to say, we filled up the tank.
ReplyDeleteWell, it only makes sense. Bush is leaving office so he's lowering gas prices since he no longer needs to make his oil buddies rich...
ReplyDelete1.99 is still a ripoff!
ReplyDelete"The age of Happy Motoring is over. Many Americans have already bought their last car -- they just don't it yet. The current low-ish price of oil is a total fake-out, having to do much more with asset-dumping in the paper markets than the true resource supply-demand equation. Most of the world (the media for sure) has ignored preliminary leaks from the International Energy Agency's (IEA) forthcoming report which forecasts global oil depletion to be 9.1 percent in 2009. This is a staggering figure, very likely to offset whatever slack we see in global demand from the worldwide economic crisis. In fact, the global oil markets are poised for the most severe dislocations ever seen, meaning it's a toss-up what happens first in the USA: a major leg back up in oil prices, or shortages, hoarding, and rationing."
ReplyDeletehttp://jameshowardkunstler.typepad.com/clusterfuck_nation/
I, like James, travelled this weekend. I went back to Kentucky for football and saw gas as cheap at 1.87. Also like James, I filled the tank up. Even in No. Indiana it was only 2.23 a gallon.
ReplyDeleteWhat's the big deal, the wash is still $3.50
ReplyDelete