I paid more back in 2008 than I have yet this year. $4.189/gallon was the highest I paid back then, and I just filled up at $3.899.
We are paying a lot more than the pump price for oil. Try much of our military budget for a start. Then, take a look at the Gulf of Mexico, and Prince William Sound, AK and all the areas around oil refineries, and to smog and the myriad of health problems it causes.
The overall trend of gasoline price will always be up. Oil is finite, by definition. We are past peak oil. I know this because we have started to use the lowest quality, tar sands, etc.
Last edited by NeilBlanchard; 04-26-2011 at 07:05 AM..
|