Wednesday, May 12, 2004

No War for Oil

From Yahoo News (al-Reuters):
U.S. consumers will pay even more to fill up their automobiles as the average national price for a gallon of gasoline rose nearly 10 cents during the past week to a record high of $1.941 per gallon, the U.S. government said on Monday.

Pump prices are up 45 cents from one year ago, according to a weekly survey of more than 800 service stations by the Energy Information Administration.

Fuel prices have climbed in recent months because of strong demand for gasoline, tight petroleum supplies and high crude oil costs.

"It's not unexpected that we've seen prices increase this week," said Jonathan Cogan, a spokesman for the EIA. "And we don't expect this is the end."

When adjusted for inflation in 2004 dollars, the highest U.S. average retail gasoline price was $2.99 a gallon in March 1981, the EIA said.

Matt's Chat

Another radical liberal black helicopter theory shot down. If this war was for oil, where is it? That's what I thought...

Mark's Remarks


Liberal psychopaths and synchopants, where is the evidence? If it were about oil, then why are prices so high? If it were about oil, why are we not next invading Ecuador, or Saudi Arabia? Answer: it is not about oil, morons. Wake up and smell reality. Nuff said.