CHESSNOID

It just seems like yesterday a barrel of oil was making shocking news when it broke the $100 mark. Then $110. Now $120. Almost double a barrel in just the last year and a half. I remember just 6 years ago when a gallon of gas was just about $1.20. That was before the war. Oh yeah, we are still at war. It’s not summer yet but the price of gas is scorching. In my neck of the woods it is hovering in the $3.90-$4.00 a gallon range and of course all consumer goods have equally been rising. I haven’t made a run to walmart to get a bag of rice yet, but I might have to put that on my grocery list. This might be the time to stock up on everything, since tomorrow it will cost more and the value of our dollar sinks. Truly, by the time summer gets here the cost of gas at the pump really could be $5-$7 a gallon.

I guess the only thing that will hurt more is when the big oil companies who we give billions of tax credits announce they just made their biggest record profit to date at the cost of killing the American consumer. Isn’t it funny that all other types of companies profits go down in an economic disaster such as this recession and oil companies smugly smile as they rob us in broad daylight. Pretty disgusting.

Do oil and politics mix? Hmmm.