They say that what comes up, must come down. Somehow, that doesn’t seem to apply to gas prices. On the drive home from work last night, the pumps said $1.17 a liter. This morning they had jumped to $1.20 a liter or roughly $4.80 a gallon! Somewhere along the way, this has to stop.
Perhaps when the price of a liter of gas equals the price of a liter of Evian.
That’s not the only reason…
http://www.youtube.com/watch?v=FRXdT3_nugc
At 1PM oil is at 116.00 a barrel we are on the cusp of high oil prices that have never been seen before….this is new territory.
We are not seeing yet the full impact of high fuel prices makes their way through the distribution system of most goods that we consume.