I know this post may set off some of you who live in other parts of the world, but I cannot help but post this today.
Last weekend, we were driving to meet friends and needed to stop for fuel. We passed dozens of gas stations during our drive, and prices ranged from $3.61/gallon to $3.38/gallon. I realize that in Europe and elsewhere you are all paying a lot more than we are . . . In some European and Asian countries, the cost of gas is over $7/gallon. (By the way, in Venezuela, the cost is 12 CENTS/gallon.)
This leads me to wonder a few things:
First, why are we (all over the world) so dependent on oil? Why must automakers put us at the mercy of oil?
How can a station charge $3.38/gallon in one location and $3.59/gallon in a different location a mile away?
How can a station change the price of a gallon of gas THREE TIMES in one day?
Why is it that when the price of a barrel of oil goes up, the price of a gallon of gas goes up; but when the price of a barrel of oil goes down, the price of a gallon of gas goes up?
Did you know that a barrel of oil in the early 70s cost $3? In the mid-90s, the cost of oil fluctuated between $10 and 20+/barrel. Today, the cost of oil is $126/barrel. (Add 20% or so to the first numbers to account for inflation.)
Did you know that in 1978, Americans were paying an average of 65 CENTS for a gallon of gas? Today the nationwide average is $3.67. (Again, adjust for inflation by adding about 20%.)
Did you know that some airlines are now flying their planes at lower speeds to save gas? Southwest estimates it saves millions of dollars by doing this.
What can we do about this???
I need a horse.