Sunday, May 20, 2007

$3.39/Gallon!

That is pure lunacy. I don't care what sort of pacifist reasons anyone tries peddling on us because that price is well over three times what the prices were just a decade ago. There will be right wing pacifists at every turn looking to blame the so-called "boutique fuels" which are produced for use during the warm months. That little fact has no effect on Minnesota motorists. We use a straight blend of 10% ethanol year-in, year-out and the majority of Minnesota gasoline is produced at two refineries in the southeast metro of the Twin Cities.

$3.39/gallon is a 100% increase from February of this year as gas prices plunged to as low as $1.70/gallon. Has usage actually increased (in addition to the "boutique fuels" impact) in four short months to justify this utter bullshit? I know that in comparison to 1981 prices that the current prices at the pump are just barely higher than those of 26 years ago but the fact remains that for a price increase of 300% in the past seven years, there better damn well have been a usage increase of about 250% to justify the remaining amount of increases in price.

I am sick of the empty explanations about increased use during the summer driving months. Quit blaming the prices at the middle of May on "boutique fuels". It is speculation from those in the marketplace, profit grabbing and outright greed. Is it speculation about a looming war? Why haven't the profits from that glut of Iraqi oil grabbed during the war lowered prices that we pay while a huge debt continues to be racked up? If it isn't any of those reasons, do enlighten me as I am always interested in hearing the truth.

No, I won't settle down and I won't "control my temper'!

3 comments:

buffalodickdy said...

The sad commentary is that they can charge whatever they want until we are on our knees.All about roads,cars,mobility-and then we find out it's all about the fuel source. We're boned.....

tom said...

I got wind of a story that's airing at 10:00 tonight on KARE 11 on how SA controls Twin Cities gas prices, to the point where not even free market competition can keep the prices down. Haven't seen it, but it sounds pretty revealing. I think it will be online tomorrow.

Sornie said...

Tom, thanks for the heads up ont eh KARE story. I have noticed 'round these parts that SA is always first to jack their prices and are last to lower them. I actually called Kwik Trip's bluff on their E-85 pricing on here a while back but SA's tactics sheem shady at best.