At 12:31 PM 01/09/2005, Rick Beckrich wrote:
>Here in Southern Maryland, 35 miles from the nation's capitol, the
>part-time residence of the oil president, regular gas hit $3.48 a
>gallon this morning.
>
>Do I sound upset?
>
>You betcha!
It's all about perspective.
I live in Calgary, Alberta, Canada. Alberta provides the United
States with approx. 11% of its daily petro-energy needs, and you'd
think that, because we pull the stuff out of the ground here and
refine it here, we could get reasonably cheap gas.
Uh-uh.
Your price for regular gas *after* Katrina sounds about the same as
our price for regular gas *before* Katrina. In some places in
Canada, regular gas prices have already topped $1.30 CDN/litre, which
is $4.15 USD/US Gal. using today's spot exchange rate. Europeans are
used to routinely paying even more than that on an equivalent basis
-- I can't imagine what Katrina may do to shock *their* fuel prices...
And I drive a Volkswagen Passat V6. Premium fuel only. **SIGH**
Count your blessings. Count 'em even more that you're not in Hawaii
-- there, they've put price ceilings on gasoline. Can you say
"stupid, economically-illiterate move leading to impending fuel shortages"?
Garth
==============================================
List usage info: http://www.zuikoholic.com
List nannies: olympusadmin@xxxxxxxxxx
==============================================
|