June 27, 2008

Gas Prices Continue to Climb

We are in contact with friends in various parts of the country who are all concerned about the cost of gas. Never in my wildest dreams would I have forecast prices like they are today. When will it end? How will it end?

One writer in the Los Angeles Times has this to say:

"...there's been no shortage of oil buyers even at current high prices -- a sign that supply and demand are playing their expected market roles."

...""The most likely reason for high oil prices is the simplest and, unfortunately, also the most intractable: too much demand chasing too little supply."

..."Oil prices won't be heading south, at least not until demand eases. Maybe that's accomplished through alternative energy sources, maybe through increased fuel efficiency."

I'm just a ditzy blond, but I have a nasty feeling that the entire oil/gas fiasco has been ongoing and deliberate. So many people packed together on the planet and so few people in power. What or who is overseeing the people in power?

1 comment:

Anonymous said...

I think it's great that we're using less than a tankful a month, compared to five or more where we used to live, y'know?