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Good article on gas prices

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Old May 12, 2007 | 02:15 PM
  #11  
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Originally Posted by KenS2K,May 12 2007, 04:54 PM
There are many people who are on fixed incomes that already get raped by medical insurance and such. The cost of gas has jumped tremendously the last couple years. People complain about the extra penny or nickel because it's not just an extra dollar or two... and the price keeps going up.

Reality check: My monthly gas card bill in 2005 averaged just 'under' $100.00 per month. Generally it was between $93 and $97.

My monthly gas card bill is now $300.00+ with less driving than I was doing during 2005.

That's an extra $200.00 per month directly out of pocket for auto fuel. That does not take into account the extra I pay for other products or services who's prices have increased due to the price of fuel.

Have I got anything extra from this new more expensive fuel? Better service at the station? Anything to justify the cost increase? At the same time oil companies are CONSISTENTLY reporting record profits.
Exactly. It's not that I now have to pay 1 dollar more at the pump, it's that only 5 years ago I was paying $20 less per fill up

I just looked into it, the gas prices around my area were 1.50/gal about 5 years ago. Now i'm paying 3.50. This is not normal inflation!

But i'm sure it's just coincidence that the oil companies are posting record high profits. It must be the war that's bringing the price up, not price gouging. Right?
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