It seems that gasoline prices are bumping the five buck a gallon mark (and higher) in parts of California. Some are reporting an artificial shortage exacerbated by station managers refusing to buy fuel at high wholesale prices. Who can blame them? They will be stuck when the price finally drops to "normal" rates.
Part of the problem is that there have some issues at CA. refineries that produce their off brand blend of fuel. The lawmakers in that state have reaped what they have sown here and the citizens will pay the price.
In Texas we won't be having a problem like in CA. We will just continue to use regular old fuel. Not that it is cheap or anything. At least 2.00 a gallon higher than it should be. At any rate, I would imagine energy "speculation" has a good deal to do with the high cost of fuel everywhere. Perhaps some of these energy trader/speculator types should be sanctioned. Maybe a hangman's noose waiting for the unlucky? Oh. Have I gone too far there?
There can be no "recovery" with fuel prices so high. Wages and salaries have remained near stagnant for over a decade now and the cost of energy has skyrocketed. This latest fiasco in California is just the tip of the iceberg I'll wager.
We are fast becoming a third world nation.
4 comments:
Depends on how you define "recovery." If you mean a thriving general population, that is not going to happen regardless of gasoline prices. If you mean a high stock market and wealth inflation for the upper class and the oligarchy, that is pretty much assured.
You are probably right. It doesn't matter at this point who our "leaders" are. Both parties are equally guilty of allowing our country to fall.
I truly believe we are heading toward a third world.
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"We are fast becoming a third world nation."
?
As measured by what? The price of gasoline? Perhaps one needs to expand one's sphere of information. The price of gasoline in USA remains below that of countries in Europe where in Germany/Switzerland the price of gas is over $6 a gallon.
Get over oneself about being a third world country because one has pay for gasoline/fuel. In case one has failed to notice, USA is in the middle of a long slow recovery (unemployment is coming down, private sector employment continues to increase, and inflation is near zero %).
Gloom and doom because gasoline costs more; ya USA is number 1, in whining and sniveling.
Ema Nymton
~@:o?
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EMA,
Always nice tohear from you. Your nonsense can seldom be taken seriously though.
Third world status has little to do with the price of gasoline granted, but I do insist that we are heading toward way. Not Somalia to be sure, but something akin to Greece or Mexico perhaps. Yes I do consider both to be third world nations.
The price of fuel in European nations is of no concern here and your comparison holds no water.
Unemployment coming down? Perhaps slightly but maybe not. Numbers are easil skewed. No inflation? Any trip to the grocery store in the last two years will prove that to be propaganda.
I would think that you, of all people, would agree that the country is heading in the wrong direction. But then agreeing with that would go against your belief that one party has the answer, while the other is some sort of evil entity.
I got news sister. There is not a whit of difference between one party and the other except for perhaps marketing and window dressing. Both are bought and paid for to the detriment of all of us.
We aren't heading to third world status? Take a look at New Orleans, Cleveland, or Detroit. We are all headed in that direction.
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