An arm and a leg for gas!

1 Sep

Well, gas prices keep getting higher … but this is ridiculous

Rob September 1st, 2005 at 11:07 am 1

The gas prices down here in Baton Rouge were scary before Katrina hit. You wouldn’t have known Louisiana was an oil state by the gas prices down here. Now combine the effects of Katrina and the fact that Louisiana has several major pipelines through it, and I could easily see the price for the cheap stuff becoming one’s first born.
Bruno D. September 3rd, 2005 at 2:17 pm 2

I think what was ridiculous is for gas prices to have remained so low in the first place. We as a society have not yet understood the true cost of our energy hungry lifestyle, and too often taken it for granted. Take this for example, gas is still cheaper than water, right? Does that seem to make sence?

Anyhow, it hurts my wallet too. The best hedge you can have is investing in oil / gas refining companies, which is what I’m doing. It’s much less painful to see gas going up since my portfolio goes up along with it
Jaykul September 3rd, 2005 at 5:28 pm 3

Gas has never been cheaper than water … unless of course, you’re talking about water with brand names on it, you know, the kind you buy by the 20oz bottle because you’re too good for water that doesn’t come up from the ground by itself.

Besides: it’s one thing for gas to be expensive (as it is in Europe) because the government is taxing it at 300% to pay for public transportation, it’s another thing when it gets that high without taxes…

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