posted on Oct, 27 2004 @ 06:41 PM
I look at it this way.... Today I payed $2.14 for a gallon of low grade unleaded. 4 or 5 years ago I remember paying $.86 a gallon for 93 octane.
Low grade at that time was in the low $.70's here. We are talking a 300% increase in price in 5 years. Now you don't get that kind of increase in
price without a serious supply problem. Demand alone won't do that. Milk has gone here from $2.29 a gallon to $3.59. The price or ground beef
which I used to be able to find for $1.69 a lb (yeah.. its cheap crap) now runs in the area of $2.49 a lb. This in great part is because of rapidly
rising fuel costs. And I see no reason why the problem won't get worse. There is a massive supply problem. Why else would the US Government be
working so hard to stockpile our strategic reserves and add more to the price problems? There is a serious problem and they know it.