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.
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
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…
This is web site is dedicated to the musings of Joel Bennett (aka Jaykul) about technology, software, software development, the web, and the world.
Any resemblance of the views expressed and the views of my employer, my terminal, or the view out my window are purely coincidental. The resemblance between them and my own views is non-deterministic. The question of the existence of views in the absence of anyone to hold them is left as an exercise for the reader.
P.S.: I occasionally link to things I think are great. When I do, I occasionally find a "referral code" so I can make a little cash. I promise that I don't link to anything just because of that cash (I wouldn't cross the street for the amount of cash those links bring in, never mind write a whole blog post) ... but I do not promise that things I link to will stay great as time passes, nor that you will agree with me about their greatness!
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.
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
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…