Gas prices are shooting up like crazy.
Everyday as I pass the Shell Gas Station, I make it a point to look at the gas price.
For the past 10 days or so, it hasn’t gone below $2.89/gallon for regular gasoline.
In Boston, the gas price some 2 days back was around $3.25. At this rate, people will start using their bikes (cycles) or resort to the cheapest & oldest means of transportation (by foot)
Due to the price hike in gas, even the airlines and other means of transportation have increased their rates. This is becoming a major problem bcoz not many people can afford these prices.
I hope the gas prices will come down soon. I guess the rise in prices is mainly due to the damage caused by Katrina.
Hopefully everything will get back to normal in due course of time.
September 6, 2005
Rise and rise.. Will it ever come down??
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5 comments:
Consider yourself lucky since Texas is one of the cheaper states for Gas!In most states in the MidWest and NorthEast,prices are hovering around the $3.25 mark!!
Sid:
I know i am very lucky coz i dont have a car.
Uma:
There is a possiblitly that after the gas supply is stabilized, the prices might return back to normal.
But we have to wait and see!!
Raghuram:
Thanks a lot.
I saw the Michigan Vs. Notre Dame game. I hope the offense as well as the defence get better and thrash OSU!!!
Raghuram:
I am planning to go to the game this saturday. Hopefully the Aggies will win aganst SMU!!
Lets wait and see.
Ravi:
People in India do not resort to cycling or walk coz their monthly income is sufficient enough to pay for the gas!! Whereas in the US the monthly income is pretty low coz the cost of living is also low.
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