I don’t know about you, but in the absence of any dramatic news about Iran in the papers, and especially set against the general background of a weakening global economy, the relentless rise in gas prices each time I pull up at the pump has come as a bit of a shock.
And before anyone leaves a comment about being a bit tight-fisted, let me tell you, here in the UK it costs me about $200 to fill up my tank — no small outlay.
So if anyone else is wondering what’s going on, an Economist article makes depressing reading, because rather than report this as just another temporary Ayatollah-induced spike, the learned news mag reports that in spite of oil market indicators being bearish, oil prices are likely to stay above $100 per barrel for the rest of the year.
“here in the UK it costs me about $200 to fill up my tank”
$140 was taxes, jackass.
“oil prices are likely to stay above $100 per barrel for the rest of the year.”
The cost of government ain’t going down, either.