Pre-Katrina gas prices return

Posted on 09/05/2006 by Meryl Yourish

The market went up, up, up, and up again. The reasons? Frankly, I think it was all price-gouging.

But yesterday, I filled up for 2.41 a gallon. Pre-Katrina prices were 2.45 a gallon.

Crude oil is currently at $68.35 a barrel. Looking for some backup for my old post, I saw articles that declared $100 a barrel oil was just around the corner. Thankfully, they were wrong.

But I can see it happening, once the Iran sanctions begin.

Until then, I’m going to enjoy my pre-Katrina prices. It only took a year to get back to normal.

Yeah, I really do think it’s gouging, but then, I’ve always mistrusted Big Oil. They’ve given me plenty of reason to.

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3 Responses to Pre-Katrina gas prices return

  1. abc123 says:
    09/05/2006 at 7:14 pm

    Meryl said:
    I really do think it’s gouging, but then, I’ve always mistrusted Big Oil.
    ——-

    So you DO NOT think $70 per barrel might be important? Oil used to be $17.50 per barrel or less. Oil used to be $10 a barrel.

    Government taxes are far greater than oil company profits. Progressives have already dumped Israel. Those same ‘progressives’ see Lieberman as a right winger.

    :(

    I distrust progressives.

  2. Robert says:
    09/05/2006 at 10:14 pm

    There is no price gouging, its speculation. Get rid of the 23+ various blends of gas and build more refineries and prices will go down further. The enviro-moonbats are to blame.

  3. Joseph Hertzlinger says:
    09/06/2006 at 3:12 pm

    If rising gasoline prices is price gouging (presumably due to corporate greed), wouldn’t declining gasoline prices be due to corporate generosity? Isn’t it amazing how generous the oil companies were in the 1990s?

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