What an idiot.

-- CPR was wrong (cat@tongue.com), June 10, 2000

Answers

If you are shelling out 2.20 a gallon for gas, you are the idiot sir. If you use a little common sense, you will be able to purchase gas for much less.

-- -- CPR was wrong is wrong (waste@of.cyberspace), June 10, 2000.

A Gusher of Price Hikes Gas Prices Rise 10X Faster Than Inflation Increases Are Worst in Midwest Some Blame EPA Rules, Summer Driving CHICAGO (CBS) The government is about to begin a major investigation of what's driving prices up and who's pocketing the profit. This time last year, the nationwide average price was just $1.11 a gallon. Now, it's $1.56, a 44 percent increasemore than ten times the overall inflation rate. And an oil industry report released Friday says not to expect a turnaround anytime soon, reports CBS News Correspondent Cynthia Bowers. In the Midwest, people are paying some of the highest gasoline prices in the country.

SNIP

http://cbsnews.cbs.com/now/story/0,1597,204498-412,00.shtml

-- Observer (lots@to.observe), June 10, 2000

-- cpr (buytexas@swbell.net), June 10, 2000.

PRICES LOWER THAN WW I ??

http://hv.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=003IrX

Midwest Motorists Seethe at Gasoline Supply Crisis

By Richard Valdmanis

NEW

U.S. drivers may feel they are paying through the nose for their fuel, but if they looked beyond their noses they'd see their prices are among the lowest on the globe. In countries like England, Italy, France and Sweden, for example, the taxman often takes up to 80 percent of the full charge for retail gasoline as a favorite form of government revenue raising. British drivers last year paid an average of $4.26 per U.S. gallon compared to the U.S. average of $1.16. Furthermore, when adjusted for inflation, U.S. gasoline prices work out to be about 80 cents a gallon lower than they were in 1980 following the supply disruption created during the Iranian Revolution. ``In real terms, consumers today are paying considerably less for gasoline than they did during World War I,'' said Daniel Yergin, Pulitzer Prize winning author and oil analyst for Cambridge Energy research Associates. -- Hawk (flyin@hi.again), June 09, 2000

-- cpr (buytexas@swbell.net), June 10, 2000.

This is very comforting, cpr, but I thought that our gas prices were supposed to go down. Mine sure haven't and it appears that there are similar situations all over the country. WHAZZUP?

-- Mr.SUV (costing@more.to.fill.the.tank), June 10, 2000.

-- Mr.SUV, The problem is those who have bypassed the laws put into place for gas conservation and exhaust laws by purchasing SUV's for use within the cities when the exemptions for the SUV's was meant for their use in areas where they were not considered be a contributor to pollution. If it takes high gas prices to get people back to driving vehicles that don't guzzle gas and pollute cities then maybe there is something good coming from the prices.

Also for Chicago, I understand the taxes tied to gas prices is what is causing the extreme rise in gas prices.

The current glut in price increases is also tied to the same mentality that drove the high tech stocks up so high, the attitude of pushing prices to the max they can get away with for immediate profit over waiting for profit over the long term. It will end up biting them in the ass the same way it did with the stocks.

But a lot sooner and with possible legal repercussions.

-- Cherri (sams@brigadoon.com), June 11, 2000.

This price cost of gasoline is bogus, until someeone supreme says it it so, price list in my neighborhood has low cost @ 1.32 go to 1.59, I have seen it with my eyes. I was born yesterday, only it wasn't at night. I can only pray, Heaven open your eyes. For the good of all mankind ecomomy.

-- Open Your Eyes (for@mankind.com), June 12, 2000.