Friday, June 20, 2008

Lining up for expensive Gas...give me a break!



My tank was nearing empty today, so I had to go and get gas. Lo and behold, people were jockeying to get to the pumps for regular gas priced at $1.29. Yes, we have now been conditioned to believe that gas just below $1.30 is a deal.

Instead of going out and protesting and questioning these ridiculous prices many almost bow down to the gas gods and are thrilled that they are asking for a few cents less on a truly exhorbitant rate. Because let's face it....the oil companies aren't suffering a profit downturn.

I remember gas being $ .30 a gallon -- yes a gallon and that was only a mere 30 years ago. And yes other prices have gone up and all that stuff, but from approximately $ .07 to $1.30?

We have had OPEC reductions and all that jazz, but we have never seen it at this level with no crisis in site. It is being driven up by speculators and let's face it....the gas we put in our cars is the least of our worries, because this whole thing is going to start fueling inflation as everything starts going up in price -- yes everything because somehow it all needs to be manufactured and transported to you and that uses oil/gas. Not only that but many products have oil derivatives as part of their constitution.

Oh and by the way...wasn't the invasion of Iraq make oil more available and drive down the prices?


But we sit idly by as sheep to the slaughter. We need Chicken Little, because the sky is actually falling, but most are too busy with their forehead scrapping the tarmac to notice!


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