Sunday, May 20, 2007

Gas Prices

I am far from an alarmist, and don't often scream "price gouging", but with oil prices fairly flat, how is it that gas prices are now almost at the levels they were when Hurricane Katrina hit: http://news.yahoo.com/s/ap/20070520/ap_on_bi_ge/gas_prices. Yes, I have also heard the stories about "refineries being serviced", but honestly, do you really buy that? I drive by a bunch of refineries on the New Jersey Turnpike and they all look fully operational. I have little doubt that when the time comes for the oil companies to announce their quarterly financial reports, we will once again hear the words "record profits".

All in favour of alternative fuel sources, say "Ay".....................

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