I now understand.....
its the beginning of the "END" of gasoline powered cars.
thats why i really dont expect for this gas prices to go down
this gasoline companies are making the most money out of gas

the next question is "high grade" electricity..
87-89-91 grade electricity anyone???(hehe) will replace gasoline in this 21st centuries...


11/17/2010 = 87 octane gas = las vegas = $2.89
last year = $1.89

 

Got my license and first car in 1998, when gas was at about $1/gal and had been for years. I always kept aside 10 dollars to fill up my Accord each week.

George Bush used high gas prices in 2000 as a wedge issue against Al Gore. I mean, holy geez, $160+ for a gallon of gas? 2002 brought another spike - up to $2.30! My wife called me crying because it had cost her almost $30 to gas up the car.

2005 - Katrina hit, gas prices shot up to $3. People started slightly freaking. By Mid '06, it was back to 2. In '08, it had continued it's climb, hitting a peak in the $4 range - I paid $4.60/gallon to refill the Element one day.

Of course, the economic crash brought prices back down. They briefly flirted with the 1.xx range, and then bounced back to the $2 range,and now the $3 range.

The scary part is that in '07, when it was flirting with the $3-4 range, we were told it was because the economy was rip-roaring. Now, it's $3 with the economic sails sagging. When it picks up again, we're hosed.

(And THAT is why I decided to trade the Element for the Fit... I want a car that will more easily weather spikes in the gasoline price)