Gas prices already heading up. Is summer coming early this year?
On NPR's All Thing's Considered this afternoon, one of the pieces was on the increasing gas prices, and how the upward trend is happening about three weeks earlier than is common for the summer spike. This article, from the San Francisco Gate/AP, says since crude oil is back up to over $60 a barrel, gas prices, particularly in California and Hawaii, are starting to top $3-a-gallon, and the AP found drivers across the country who are taking the bus or thinking about starting to research hybrid vehicles (to you, we extend a warm welcome on AutoblogGreen).
This is how Tom Kloza, chief oil analyst for the Oil Price Information Service, colorfully described the upcoming gas price situation to the AP: "The West Coast will certainly be the wild, wild West this year," and "In the rest of the country it's just petro-noia. They're worried that they won't have enough gasoline. But on the West Coast the concern might be warranted."
The AP writers spoke to other analysts who also said that $3 gas will come to the rest of the country later in the summer. What's it like in your part of the world?
[Source: AP]
Reader Comments (Page 1 of 1)
Chris 12:36AM (3/09/2007)
Oh well, it's probably a good thing that they go up. The higher it goes and the more erratic it is, the more people will want to switch to more fuel efficient vehicles and/or other modes of transportation. And it's perpetual bad publicity for the oil companies.
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correy 6:30AM (3/09/2007)
Yes thats true..more people will gonna divert to a more fuel efficient vehicles and smarten up their parts like Magnaflow - http://www.thepartsbin.com/brands/magnaflow.html - that will help in achieving more efficient gas mileage, cooler operating temperatures and overall more power.
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vince 11:03AM (3/09/2007)
Other parts of the world:
I found http://benzinpreis.de/statistik.phtml with German gas prices.
Today it was (including oil tax) about EUR 1.30 per liter, which is about $6 per US gallon.
Fuel is ridiculous cheap in the US, that's why the US wastes how much? ... weren't it about 44 % of the worlds oil demand?!
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Chris 11:07AM (3/09/2007)
John Holtzclaw combined several studies and found that, if you take all the externalities into account, gas should really cost $6.05 a gallon.
http://adbusters.org/metas/eco/truecosteconomics/true_cost.html
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Jordan 11:58AM (3/09/2007)
Now I wont have to listen to the idiots saying glad I didnt sell my truck for a small car, during the winter when gas was cheaper.
Hmmm, does it not always go backup. I will be smiling from my Prius each morning.
Jo
http://www.cerealinsider.com
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Mike 7:34PM (3/09/2007)
$3 a gallon gas this summer? Like, who didn't see that coming?
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MikeW 11:04PM (3/09/2007)
Just pray those wackos don't invade Iran.
I don't want to see a 4 as the leading digit.
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