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