Hope At The Pump

August 30, 2006 by Marc Lamont Hill

For the past few years, gas prices have steadily risen to the point of complete absurdity. Fortunately, there is light at the end of the tunnel. According to Tom Kloza, chief oil analyst at the Oil Price Information Service, gas prices may drop as low as $2.00 per gallon in the upcoming months.

Why the sudden drop in prices? Experts say that the current exorbitant rates are linked to expectations of severe hurricanes. Since no major calamities occurred in the tropics, gas rates are falling back to a more manageable level.

Of course, there has been no strong evidence to suggest that prices were appropriate, even in light of the expected natural disasters. Still, the falling prices will be a welcomed gift to an economically struggling nation.

Categories: MLH
|

5 Comments

1. omodiende wrote:

hell, they have us so trained to high prices we are relieved and thankful when it drops below $3

I am hoping this impacts home heating fuel, since tomorrow i attempt to get my gas turned back after a few months.

August 30, 2006 @ 1:27 pm

2. lea wrote:

I HOPE THAT IT DOES GO DOWN. IN JACKSONVILLE FLORIDA THE AVERAGE PRICE IS 3.10

August 30, 2006 @ 3:00 pm

3. Chaos A.D. :: Sepultura wrote:

Jora Chaos A.D. :: Sepultura Kontorskii …

July 9, 2007 @ 12:13 pm

4. Fear Factory - Soul Of A New Machine (2004 remastered) wrote:

robin Fear Factory – Soul Of A New Machine (2004 remastered) good …

July 11, 2007 @ 8:01 am

5. nala wrote:

Nice Site!

February 22, 2008 @ 4:12 pm

Now Reading

Beats, Rhymes, and Classroom Life: Hip-Hop Pedagogy and the Politics of Identity by Marc Lamont Hill
Buy Now
The Classroom and The Cell: Conversations on Black Life in America by Mumia Abu-Jamal & Marc Lamont Hill
Buy Now
View More