Gas prices hit $6 a gallon in Hawaii. On the mainland the gas stations are demanding $4 a gallon. 9% of the average person income is dedicated to the pump. Exxon and Shell and the other oil companies are reporting record profits. There is no oil shortage. The price fluctuates according to the whims of commodity speculators.
Gas, silver, gold, copper, corn, wheat et al hit peak prices this April. Their value plummeted the first week of May after a Mexican billionaire sold off his silver stocks. A 27% drop in five days. I sold off my silver before coming to Thailand. A lucky move or else I would have lost more than a thousand dollars thanks to a money-mad beaner wanting more more more.
Gas prices have yet to drop in the USA and not a single senator or congressman is calling for an investigation into the crimes of speculators. The American public continues to fill up their tanks. Suburbanites have no other transportation choice.
SUVs and mini-vans.
Living in New York I have no need for a vehicle. The subway, a bike, and Fort Greene's proximity to JFK airport answer my requirements. No car payments, no car insurance, no mechanic bills, no parking tickets, no car washes. Free from the gas addiction of America and the rest of the world and feeling free too.
It's a good thing.
And so are the high prices, because the fat people will have to walk to the 7/11 to get their potato chips.
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