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March 5, 2004

Gas prices

On my first trip to Washington by car, my gas indicator light came on in Georgetown. Not knowing where the next gas station would be or whether the prices would be any better, I stopped at the station at Pennsylvania and M, where I paid $1.99 (and 9/10 of a cent, of course) for gas. At that point, I promised myself that never would I ever pay $2 a gallon for gas, barring massive inflation. At that price, it's just not worth it.

Well, it's getting harder and harder to keep that promise. A variety of factors is contributing to the price increases, from OPEC to reformulation to trouble in Venezuela. Price gouging and voluntary supply restriction like the type that caused the California energy crisis has also been blamed. Luckilly, I take the Metro to work, so I don't have to worry about it except for leisure trips. But this article in a South Carolina newspaper has a quote I couldn't refrain from sharing:

But Frankie Lewis, 31, who drives a delivery truck, said rising gas prices are a sign of good news for the economy.

“The economy is growing,” Lewis said, filling his eight-cylinder Chevrolet truck with diesel.

“As the economy is getting better, we have to bring more fuel into the United States to get people where they want to go. ... It’s better that fuel prices are going up,” said Lewis, who mentioned that his brother is an oil executive.

Sometimes, I think the bad guys just aren't trying hard enough anymore.

Post Author: rj3 | 12:06 PM | Link | TrackBacks
Comments

Why do I get the feeling that Frankie Lewis is one of those guys who sticks marbles between his toes because it feels good when he removes them? Seriously, that's one crazy piece of rationalization he's got floating around in his head.

Posted by: Jason at March 5, 2004 2:27 PM

I drive a VW Jetta that gets 40 miles per gallon. If I only drive to work and back, I would fill up once every two weeks. I don't really see gas prices as being that expensive, but when you're entire existance relies on the automobile then there are more inherent problems than the price of gas.

Posted by: Terry at March 6, 2004 1:46 PM

Da Da Da...

Posted by: Randolph at March 6, 2004 3:02 PM
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