Wednesday, April 12, 2006

$4 Gasoline, $3.50 Diesel.

Yesterday's news from the U.S. Ministry of Energy Propaganda would be laughable if it weren't for the fact that we're all about to get repeatedly sodomized by Big Oil again this year.
The Energy Department says it expects the price of regular to average $2.62 a gallon, 25 cents more than last summer, over the April-September driving period. But prices around the country already are above that.

Hello? Anyone in those empty suits? It's been higher than that for more than two weeks in Chicagoland!

Imagine returning from vacation only to have to fill up three vehicles that cost more than $140 to fill up. Now go higher.

The best part, however, is directly from the EIA Short-Term Outlook:
By September 2006, fuel prices are expected to be much lower than last year because of the crude oil and natural gas production and refinery outages caused by Hurricanes Katrina and Rita in 2005. With another active hurricane season possible this year, news of any developing hurricanes and tropical storms with a potential to cause significant new outages could add to volatility in near-term prices in the latter part of the summer.

I say again... Hello? I think we call it a hurricane season down there... which NOAA forecast last year to be more volatile in the coming years, and likely more like last year's multiple hit parade.

We are so screwed as long as these incompetent boobs are working in government.

If only there were some body of politicians who represented the various regions of the country... let's call it a Congress!


Magellan said...

I was just thinkin that today when I saw $2.89 for reg and$3.08 for premium. Not to mention that it has nothing to do with supplies but rather poor planning. It's quite the racket they got going on.

The Evil Reverend said...

That's why both my cars get over 35MPG, and one was even made here in Illinois (Japanees company though.)

Cheap oil is gone. As long as we wish to drive bloated SUVs and pick-up trucks then plan on spending huge sums to fill their tanks. We went from an SUV and a full size van to a clasic off-road vehicle (sorry, won't say the model) and a small 4 door sedan. The wild part is that we don't miss the SUV or the van. Whenever we need to pick-up big stuff fvrom the home mega-box store, we rent their truck.

Europe is paying $5.50-$6.10/gal for gas. With China moving from bicycles to cars, and with the growth of energy useage globally, gas is going to hit these levels soon.

Anyone remember 1973? After the embargo you couldn't buy an efficient car to save your life. Today the manufacturers can sell them.

Oh well, looks like I'm going to remain the weird one buy only spending $32 to fill the tank.