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April 10th.

2007-04-10

Good morning Boys and Girls.

First, an admission of an error in judgment, or at least in prognostication.

I said, at the time of the '06 elections, when gas prices dropped so quickly, that by Easter they'd be back up to $3.00 a gallon and that the drop was nothing more than an effort to help maintain the status quo.

Looks like I was off by a couple of weeks.  The national average for unleaded regular as of yesterday morning was $2.86.

I love the new explanation the oil companies have used the last few years that gas prices "always" go up a lot in the summer during heavy "drive time."

I have a friend who owns three gas stations in the Detroit area and has for decades. He's explained to me on many occasions that in years past, while it was true that the gas station owners might raise prices a penny or two prior to the holiday weekends, the wholesale prices never varied from season to season more than a percentage point or two - but then, that was before all the mergers, when there was more competition amongst the various companies.

Personally, I'd love to see gas prices taxed by another buck as part of an overall effort to find new ways to power our cars, heat our homes and the like. But, at least for now, with the current bunch of people running things, I realize that particular dream is "of pipe."

Out my window this morning, every twig, branch, every blade of grass, and leaf on the ground, is frosty white.

April 10th?


Be good to everyone.

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SAVIOR (2007-04-11)
I over $3.19 in Calfornia

figjam (2007-04-10)
It's above $3 here in a lot of places.

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