Gas was $3.75/gallon this morning. That was for cheap-o 87. There’s some speculation that it could soon be up to $10/gallon, which would put it in line with European gas prices. Aieee! I mean, I know we’ve had it good in the US, in terms of gas prices, and that folks in the rest of the world are tired of hearing us whinge about it. The thing is, this gas prices here are suddenly making a quantum leap, and we do not have the infrastructure or the wage base to support such a sharp rise in fuel costs.
And it’s not just the price of the gas I put in my car, either. In the past month, prices have gone up on almost everything at the grocery store, because of the increase in transportation costs. And my heating bill nearly doubled last winter, even though my heat is electric and Duke get its electricity mainly from coal, not petroleum.
As for the gas that goes in my car, it sucks that the price is going up, but it’s not the end of the world. I use a little over a gallon of gas a week. Even at $10/gallon, it won’t kill me. The ripple effect, however, will.