Monday, June 23, 2008

Gas Prices Still On The Rise (What OPEC Meeting?)

Gasoline price went up two more cents over this weekend. It had been stable for about a week at $4.67, but now it's at $4.69. I've been reading a lot about more people switching to mass transit. Hell, even my boss now rides Metrolink a couple of times a week!

Light, sweet crude for August delivery rose again to settle at just over 136 US dollars a barrel on the New York Mercantile Exchange. There is widespread disappointment over Saudi Arabia's modest production increase and concerns that output from Nigeria will decline.

What good is a president that holds hands, literally (while denying being gay), and yet, still can't extract a decent deal for them Amerikans?

And the beat goes on.

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