Wednesday, May 07, 2008

Gas Prices SUCK!

The price for a barrel of oil has hit "record" prices of $123, which analysts predict it'll hit a record of $200 per barrel by the time summer is over.

I think I've seen a "record" number of the word "record" whenever they talk about oil prices. "Oil has reached a record all-time-high!" So what can we do about it?

Easy. Very simple. If you want to drive gas prices back down, we have conserve fuel. Drive the demand back down. Car pool. Ride a bike. Avoid any unnecessary trips. Buying a new car? Try to buy a hybrid. Until we cut our dependency on fossil fuels down, all those oil conglomerates are going to continue to rake in the big bucks. And trust me, they are always looking for an excuse to jack the prices up. "A storm is approaching some of our refineries. We had better think about shutting down." The price of oil jumps $5 a barrel. Someone sneezes on a pipeline. The price jumps $3 a barrel, and so on.

The economy is already shifting towards a more fuel efficient one. The sales of hybrid cars has jumped more than 40%. What does that mean for American automakers? The sales of Toyotas have surpassed Ford, which has been the #1 seller of cars and trucks here in the States. Now, Ford is sadly shaking its head. What happened to all our "high profit SUVs and trucks"? They aren't selling as much. People are holding off buying a new car or truck, or else buying something that is fuel-friendly.

Giliane & I were chatting about this very thing this morning. As she put it, these oil companies are shooting themselves in the foot. They are forcing our country to start curbing our dependency on gas and oil. When the demand is low enough, then the oil companies are going to realize the error of their ways.

Present gas prices here in Lk Havasu City: $3.65 at Chevron

It'll take some time, but hang in there!


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