During the past 10 day, I have filled up my car with $4.09/gallon gas at the Union 76 station on Santa Monica Blvd. 91 Octane mind you. I know I can get premium gas for $3.98/gal but its not worth the drive and the taffic. Between myself, my wife and my older son, we are spending over $700 a month on gas and its begining to hurt our pocket books; bad.
Unfortunatey, I don’t think this is the end. If you look at a few factors including the greed of Bush’s friends whom only have a few more months to F us in the back, everything points to $150/bl oil and $5/gal gas (OK, premium) by mid summer. What are these factors:
1) Demand usually goes up during summer.
2) Oil future prices point to $130+/bl
3) Dollar futures don’t show any sing of “positive” change; that is, US dollars will continue to be weak. This ofcourse will run up food prices as well because all commodity futures trade in US$.
I often wonder why people are not doing anything about this? Strike, Boycott,… Between the 3 major U.S. oil companies, they had profits of $46,000,000,000 in the last 2 years. What the Fuck! I think they should retrun some (50% sounds good) to the consumers.
Also, there should be a ban on extreme speculation on oil. Sort of a limit on how much can be made by these bastards.
Wake up people…..REVOLT!