this sign says it all......:p

Attachment 12805

$3.76 / gal regular yesterday.

CNN had an interesting article on gas prices: Behind high gas prices: The refinery crunch.

The article says that no new refineries have been built in the US since 1976, and discusses how this affects gas prices.

Why build expensive refineries when you can just raise the price for more profit? The greenies support this also because they feel increased price is the way to cut consumption.

Don't you?

And, what's a greeny?

An environmentalist.

Environmentalists mostly.

Basically people that follow the Green Party.

It hasn't cut consumption...yet. I wonder what price will be the breaking point? Scary thought.

3.49 in suburbs of Chicago. Is it really 4.25 in Cali??? Sorry I haven't kept up with the thread.

I don't know, but read somewhere a prediction of $4.50 before it starts to affect SUV sales. That would be the first sign, evidently.

Apparently there actually was a driving cutback over the past year.

It looks to be more of "it's not increasing at the same rate" rather than serious cutting down (for the most part.) It's a start. But wait a minute...look who did the study:
He should be delivering my American Family Publishing Sweepstakes check, not conducting gas use studies. :rolleyes:

Not increasing at the same rate as the population means that people are cutting back. Not enough to counteract the larger number of people, though.

True. Duh to me.

:o

I wonder if that data includes commercial traffic as well as personal vehicles? I'm betting the trucks rolling into walmart, supermarkets and home depot haven't reduced.