Avgas Coming Down?
"Montblack" wrote in message
...
("ET" wrote)
Oh, and forgot to mention that people don't drive/fly as much with gas
almost triple the price of 5 years ago....
In the late 90's, gasoline at the pump was approx 60¢ for a brief spell
(not adding in tax). It just finished running approx $3.00 (not adding in
tax)
Gas prices have quintupled, inside of 7 years, from extreme to extreme.
From extreme to extreme and back again. Of course, China and India were
buying a tenth of what they do now. Hell, most of the world has developed a
voracious appetite. Capacity here was not as stretched as it is today.
And the US continues to block exploration/extraction here, instead "giving
it to terrorist and environmentalists". Like the old (really old) adage,
America got what it asked for (asked, hell, it threw a wild raving tantrum),
but what they asked for is not what they wanted or expected.
(Somehow my sympathy meter is on the fritz.)
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