Four dollars and still going… May 13, 2008Posted by Matsu in News, News and politics, Random.
Those of you who live in the same area that I do will wonder why I paid that much since most gas stations are selling regular unleaded gas for only $3.85 or $3.90 (at most). Well, I drive a Mistubishi Galant and the model I own has a V6 engine, which requires the high octane super unleaded gasoline. And, for now, the cheapest price I could find today was just over $4 per gallon. That is the most I have ever paid for a gallon of gasoline.
I guess I’d better get used to it. Or, more accurately, I’d better get used to paying a lot more than $4 per gallon as the price is expected to continue to rise throughout the summer. In fact, we may even see $5 per gallon of gas by August. Ugh! That will be almost twice the price I paid for a gallon of gas a year ago.
My friend Bert insists that the price of oil is being driven up by the weak United States dollar. He argues that if the value of the U.S. dollar were to go higher against the other currencies in the world, then the price per barrel of crude oil could drop as low as $80 (it is at an all-time high of $124 per barrel right now). I don’t know if I really understand that or believe that he’s right, but I would sure like to see it happen just the same. I won’t argue or complain if it does.
This is an interesting sign. Can you guess which year this sign will appear?