Tuesday, May 13, 2008
Four Dollar Gas
I've been saying this for a couple of years now: the oil companies are going to keep pushing the upward boundaries of gas prices by jerking them up and down. $3.80 today, $4.00 tomorrow, $3.90 the day after, this is the way they continue to suck us dry and fill their coffers to overflowing. Here in Louisville some gas stations have already passed the $4.00 mark despite the fact that the gasoline they are selling was manufactured weeks ago when the price of oil was $20 or so less per barrel. Oddly enough, when the price of oil drops the price of gasoline will stay high for several weeks. If there was ever a commodity that needed State control, oil is it. Line the CEO's of the big oil companies up against a wall.
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1 comments:
Funny enough, it seems that the old mechanical gas pumps can't go above 3.99. Nobody imagined that the price of gas would go that high when they were made.
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