Sunday, June 8, 2008

Gas Now Costs More than Milk


Photo from source, Yahoo! News

I vaguely remember hearing, back when gas was hurtling past $2.50 or so (for the first time) that, hey, milk costs more per gallon than gasoline, so what's all this fuss about? Like anyone needs to buy 16 gallons of milk at a time. But now, gasoline has even topped that really bad analogy.

Ten or twelve days ago, I filled up for the now cheap sum of $3.699 (don't forget the last 9/10s of a percent). The next day, I watched the price jump a dime. I was able to fill up only two days ago for $4.019. And since then, I saw the highest price I've ever seen in person for regular gas: $4.159. Ouch.

Las Vegas prices are usually slightly higher than the national average (one thing I can actually understand, since we're in the middle of a valley, in the middle of the desert). But I distinctly remember making note of the price of a gallon of gas right before George W. Bush started the Iraq War invasion. At the Shell station at Maryland Parkway and Pebble Road, the price was $1.359 per gallon. Way to go, W!

[Excerpt]

Gas hits national average of $4 for the first time

The average price of regular gas crept up to $4 a gallon for the first time over the weekend, passing the once-unthinkable milestone just in time for the peak summer travel season.

Prices at the pump are expected to keep climbing, especially after last week's furious surge in oil prices, which neared $140 a barrel in a record-shattering rally Friday. . .

Read more at: Yahoo! News


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