Wednesday, May 23, 2007

Rising gas prices, or are they?

I'd be able to get a little better feel for everyone's reaction to the rising price of gas in the US, if I were actually in the US, but I can't so I have been following gas prices at www.automotive.com/gas-prices If you want to save some pennies, you can enter your zip code to find the cheapest gas station near you.
Now, the interesting thing is that the price of gasoline has been pretty stable in Aberdeen the whole time we've been here at 0.94 pounds per liter. That converts roughly to $7.11/gallon. Obviously, the price of fuel could be much worse. I just find it interesting that the price of crude oil isn't that high, yet gas prices are at record highs in the US. Kind of makes you wonder. Kind of makes you wonder about investing in oil company stock before prices peak mid summer.
I really like the fact that I'm getting to experience a small car environment. It's really great to park easily. There may be the same number of vehicles on the road, but they take up less room, and it's just terrific to have everyone's windshield, bumpers, and roof at the same height. It makes seeing things up ahead much nicer.

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