Monday, July 31, 2006
Summer Heat Wave Affecting Gas Prices
As everyone noticed, the price of gasoline at the pump has risen slightly this past week. The Energy Administration has forcasted prices to be over five dollars a gallon during the summer months. We are fortunate that the hurricane season has been calm for the most part, I could only imagine two years in a row, experiencing inflation at the pump. Although I can't complain too much, we are paying much less than the west coast wher the prices are around the 3.27 range.
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2 comments:
Gas prices rising and falling is always a sham in my opinion. Oil companies are just greedy and will find any excuse.
Most of the reasons for oil prices going high is the fact that most oil refinaries are out of date. They are not creating enough output of gas and its causing us to suffer at the pump.
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