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I paid $3.15 on Friday. Wish it was $2.15 but it's a little lower than it had been. Actually, the price decrease is a little unusual. Normally we see the price go up after Memorial Day.
I remember when it was $0.99 in the mid 90s. That is when every moron ran out and bought every gas guzzling SUV they could find.
Late 80's I had a Chevy 1-ton that was built for racing. I could go through 30 gallons of gas in about 3 hours at the local race-road where I lived. Then again, gas was around 90 cents a gallon and I averaged $300-$400 on a Friday night in winnings so it was affordable. If gas prices were tied to inflation rather than speculation and governmental oversight, we would be paying about $1.85 a gallon now and I'd still be able to afford blowing 30 gallons of gas in a single night.
Late 80's I had a Chevy 1-ton that was built for racing. I could go through 30 gallons of gas in about 3 hours at the local race-road where I lived. Then again, gas was around 90 cents a gallon and I averaged $300-$400 on a Friday night in winnings so it was affordable. If gas prices were tied to inflation rather than speculation and governmental oversight, we would be paying about $1.85 a gallon now and I'd still be able to afford blowing 30 gallons of gas in a single night.
Of the two, Speculation or government oversight, if you could freeze one, which one would you choose to freeze?
I paid $3.15 on Friday. Wish it was $2.15 but it's a little lower than it had been. Actually, the price decrease is a little unusual. Normally we see the price go up after Memorial Day.
$3.99 here last week, dropped to $3.89 here, I feel rich!!!
I paid $3.15 on Friday. Wish it was $2.15 but it's a little lower than it had been. Actually, the price decrease is a little unusual. Normally we see the price go up after Memorial Day.
Yes because thats when government mandates the gas become a blend, which cost about $.10 more..
Once again, government increasing costs on americans
Of the two, Speculation or government oversight, if you could freeze one, which one would you choose to freeze?
Tough question. More than likely, I would choose to freeze government oversight in the form of taxes and fees. Speculation is more likely to balance itself out long term, while government oversight tends to grow from inertia. Mind you, I wouldn't remove taxes on gasoline (I'm well aware of the use of fuel taxes to pay for highway maintenance), but freezing taxes at current levels for the foreseeable future would still allow for public works while possibly forcing government to approach those works with more of an eye toward budgetary concerns.
If IIRC, the average tax on a gallon of gasoline is currently around 27 cents, combining federal and state. When you compute the total number of cars that are filling up every day, that comes out somewhere in the range of "Holy crap, that's a lot of tax money!!!"
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The things they pass off as news these days 
