Are You Ready for Gas Under $3.00?
One of the good things about the weakening economy, at least for us Americans, is that it’s helped to strengthen the Dollar, as compared to other currencies. That, mixed with less demand for gasoline has created the biggest drop ever.
The national average price for self-serve, regular unleaded gas fell 35.03 cents to $3.3079 a gallon on Oct. 10 from $3.6582 two weeks earlier, according to the nationwide Lundberg Survey.
I’ve seen this my area, as I saw local prices as low as $3.25 a gallon—if you paid cash.
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The Pelosi Premium
Part of being able to be free is knowing the truth about gas prices:
Hat Tip: SayAnything
Working From Home
Like most companies, the one where I spend my daytime hours is trying to go green. At least, that’s what the footer of some of the e-mails say: “Think before you print…”
However, I believe that if they truly wanted to go green and save money and cut down their carbon footprint that they should be willing to do something radical– let their information class workers (like software engineers, support personal, and management) have the option to work from home at least part of the week.
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Want Lower Gas Prices– Stop Buying Bottled Water
Now here’s something interesting. Guess what the main ingredient for the plastic bags at Wal-Mart, and the bottle water that you’ve been drinking. Turns out it’s petroleum– the same thing that’s costing us more at the pump…
Bottom line, the production of 31.2 billion liters of water for the U.S. bottled water market took roughly 17.6 million barrels of oil. The calculation is explained in more detail at the Pacific Institute’s information page under the energy requirements for plastic bottles.
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Federal Government Announces Gas-Guzzler Initiative
WASHINGTON - Faced with the rising cost of gas, the Democratic Presidential candidates announced their support for a bill that would create a new program for those owners of SUVs, trucks and vans who have suddenly found themselves with vehicles with poor gas mileage and the inability to sell them.
The bill, nicknamed “Too Much Car”, would give tax credits for car dealerships that trade these larger vehicles for small or midsize cars– and double the credit for those who trade for a hybrid.
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Silly Reasoning When it Comes to Gas Prices
This is quite the interesting bit of logic:
Eliminating the federal tax, about 18 cents a gallon, would encourage more driving, putting added pressure on supplies, and driving the underlying price of gasoline higher. Since gasoline taxes go to pay for rebuilding crumbling roads and bridges, this is probably not a good time to do away with them.
And making gas cheaper will only postpone progress toward developing alternative ways of fueling cars. Better to just give everyone a tax rebate (coming soon to a mailbox near you) to help ease the pain at the pump.
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