$109.55 a Barrel?!?!?!

Mar 13, 2008 08:26

Ok, I am like any other guy, I have a truck, I need it for work, its just something I cannot do a lot about.  Now they are saying gas prices could go as high as $3.75 a gallon by the end of the spring.  Now, we do have a more economical vehicle too, but since all of my driving is done in town, the savings is minimal.  They are saying the reason that oil is jumping so high despite production being up by over 6 million barrels is because the dollar's value against the Euro is dropping.  Oil itself is a good hedge fund because foreign investors buy oil when the dollar is low as they get more bang for their buck so to speak.

Now while all of this is going on, big oil is making record profits.  We are not buying more oil (other than the normal consumer growth) in the US, so, let me ask, if we are not buying more, but the oil companies are making more... where is that money coming from?  That would tell me that the price of a gallon of gas has been artifically increased.

I make it a point not to talk about politics much in my journal, but at this point, I feel I need to remind folks that this is the time to start making your decisions very carefully when you are deciding who you want to end up residing in the white house this next time around.  It doesn't matter your political affiliation or anything else, what it boils down to is which candidate is going to address the issues and lead this country in the right direction.  I am also not going to endorse someone as that is your own decision to make based on your views.  I just know 4 years from now, I DON'T want to still be at war, and I don't want to be walking to work, which is basically where this all is heading.

I read my friends page a couple times a day and it hurts to see so many of my friends struggling like I am just to make it by day to day.  There is no reason it has to be like this.  I honestly don't know what I am going to do if things don't pick up soon, I imagine it will mean picking up a second job, which is about the last thing I want to do.

It is getting physically painful to listen to the news everyday, it just seems like everything is bad.

Sorry for the rant, this has been your PSA for the day heh...

-RW-
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