Tuesday, August 16, 2005

I am not happy

So, gas has hit $1.14.9, just like they said it would. I was reading in the paper this morning That the gas companies expected us to "calm down" and resign ourselves to paying MORE. They were sure that once they got over $1.00, we would accept it.

The paper also reported that crude went down .59 a barrel yesterday. Oil company thieves said this wasn't enough to be realized at the pumps. If that is the case, then why does it show up immediately when a barrel goes up .10?

As for the government, they need to deal with this 51% tax on gas.

Question; Why can the Flying J sell gas at .96, when every other station is ripping us off for 1.02-1.14?

Peace,

K

Tuesday, August 9, 2005

Gas prices

Last week we hit $1.06 and reports said that was the highest price anyone has paid for a litre of gas in history. Last night, gas was $1.08 in our area. What the heck is going on. I could be wrong, but I think someone is trying to see how far we will go.

That is good question. How far will we go? When the price of a barrel of oil goes up, it takes about 6 months for that to actually impact the gas price, but, the gas companies immediately raise the price. This effectively means that they are exploiting the information to gouge us for more money. We know this, but feel helpless.

How long before the public reacts?

Peace,

K