Thursday, September 01, 2005

Pump Prices

Yes, it's bad. It's to where the price per gallon is where we've never seen it before- even in California! This is my photo from the local Co-Op, in Noblesville:

For perspective, gasoline pump prices are now on par with where they were in the early 1980s. Adjusted for inflation, that is. The screaming is that the prices are the highest ever. That screaming was happening a dollar per gallon ago. Now it's finally true.

So, since it is finally true, perhaps we can start to address the root of the problem- the lack of refining capacity in the United States.

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