Gas Prices Moving up to $3/gallon again… is this surprising?
Posted in Environment, Money by George
Apparently, gas prices rising as spring and summer approach, as they do every year, surprises some people, as does the fact that the long term trend of gasoline prices is unquestionably upward. In an article about these high gas prices that I read today on Yahoo news, there were some interesting quotes.
“It kills me,” said Gloria Nunez, 53, as she filled her Ford Explorer SUV at a San Jose gas station. Nunez, a clerk for a communications company, has started working a couple hours of overtime each week to help soften the blow.
“All of a sudden you kind of have to watch your pennies,” she said.
It might not kill you, Gloria, if you made a tiny sacrifice and bought a smaller car. And guess what… you’d save money on your initial car purchase over a Ford Explorer, and save money on gas!
Several customers at a Mobil station in St. Petersburg, Fla., were upset because there seemed to be no real reason for the price increase…
“Katrina, I can understand,” Franc said. “I didn’t see a very good explanation this time. You hear so many excuses it gets to where you don’t believe anything anymore.”
News flash, Franc. Gas prices are volatile in the short term - sometimes they move upward or downward quickly.
He’s been considering buying an SUV for personal use, but thinks with gas prices rising he’ll start researching hybrid vehicles.
Thank goodness!
March 12th, 2007 at 3:18 pm
A good short read in the LA Times explains why ethanol use hasn’t caught on yet in Southern California despite a car culture.
Unless ethanol is at least 50 cents a gallon cheaper than gasoline, “people don’t buy it,” he said.
http://www.latimes.com/business/la-fi-ethanol10mar...
I was playing around on itunes and they had a link to Economist magazine. They have a weekly podcast that had some interesting info on ethanol this week.