Tuesday, May 15, 2007

Gas Price Jumps - A New Theory

An opossum "caused a power failure" after getting into an electrical substation recently and brought down an Exxon Mobil refinery in California...

Prices at the pump are now higher than after the Katrina hurricane shut down several refineries in the southern United States.

Conspiracy theories abound, again, and governments are once again under pressure to hold inquries into the outrageous profits being made by petroleum companies.

But the real reason pump prices go up is simple - people are willing to pay the price.

Good consumers shop around for the best price, change their consumption habits, reduce their reliance on one product and get on with life.

See "Outrageous: The Price at the Pump" in Pumped: Everyone's Guide to the Oil Patch coming this summer for more details on how you can reduce your "pump shock" when you fill up with gasoline.

Common sense prevails when we buy meat, bread and vegetables - why not when it comes to gasoline? There are lots of ways to save on transportation costs.

Watch out for opossums or possums, same thing - rabbits and gophers too.

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