Wednesday, March 2, 2011

Increasing Gas Prices

Hello All,

Coming home from Philadelphia to Southern New Jersey, I noticed a pretty big difference in gas prices. $3.29 and up near Philly and about $3.20 in S. Jersey. I did get $3.09 gas at a Sunoco station on the Atlantic City Expressway. All of this reminds me of the 1970's when I got my first car and immediately there was a gas crisis. Long lines, odd and even days to buy gas. It does not seem so much a supply problem today as it was back then. I venture it is more uncertainty in the Middle East and speculators on Wall Street driving the price up. At any rate rising gas prices has an affect on the whole economy. To read a comprehensive review on how gas prices effect the economy, check out this article:


Drive Safely ..........H