How’s this for a bit of dishonesty from your friendly local petroleum companies…
Oil prices fell below $40 per barrel Friday for the first time this year as the government reported the nation’s worst annual job losses since World War II.
People are traveling less, manufacturers are slashing production and there are job cuts across almost every sector of the economy, leading to a severe drop-off in energy use.
But don’t get too excited boys and girls! The price gouging has only begun!
Gas now costs a dime more per gallon than it did just a month ago even as crude prices fall. Gasoline bottomed out at $1.61 a gallon on Dec. 30 and prices have yet to catch up with the latest drop in crude.
Ain’t that sumpin’?! Earlier in 2007, the higher the oil prices – the higher the price at the pump!
“It’s all based on Supply and Demand!!” they pontificated! “If everybody would just use less of it – the prices would go down!” But not any more! Everybody’s using less, and the prices still go up!”
Has anybody seen prices go down in your local grocery store?! They raised those prices to offset the price of Diesel and gas, but gas has been at rock bottom for three months now and still – no relief from the grocers.
Feeling shafted these days?! Congratulations! You’re an American!! Enjoy your shaft!!
Filed under: Uncategorized | Tagged: gasoline price gouging, grocery prices | 3 Comments »













