Gas Prices

[Lawrence Weeks]

On Sep 1, 2005, at 11:40 PM, Mena Aqenenni wrote:

> $2.79 here in Lancaster, CA (SoCal) at Chevron. No lines but we only
> get
> 5% of our gas (or oil) from the Gulf area so we're not short. BTW, gas
> prices have been high here since before I moved here in 97. It would be
> $2.79 even without help from Katrina.

And the truth is, $2.79 is no longer "high" unless you mean relative to
less heavily taxed/regulated areas. That was a decent price here before
Katrina. With the pressures on prices due to growth in Asia, it has
nowhere to go but up unless we find a huge secret supply of easily
accessible oil. Driving in Chicago last night, the prices I saw ranged
from $3.19 to $3.49 for regular. Saw one for $3.09 but I think that was
with car wash.

Larry
--
Lawrence Weeks                                    lweeks at anabasis.net
Anabasis Consulting Ltd