
Big jump in gas prices in my neighborhood: I snapped the image on the left on Thursday morning.
When I got home less than twelve hours later, the price had jumped again.
And I thought these prices were obscene last summer...
I'm so sick of hearing the argument that, Oh, we shouldn't complain, look what they're paying Europe for gas! Yeah, they pay more for gas in Europe than we do in the United States... but the bulk of what they pay -- as much as 75 percent -- is taxes that go back into maintaining the infrastructure that drivers use. In the U.S., the prices we're paying at the pump are only about 12.5 percent taxes, which means that all the extra dough we've all been pouring into our cars is going to record profits for the oil companies.
How long can this go on before something snaps?
(Technorati tags: gas prices, record oil profits)


