Tuesday, April 04, 2006

Oil heads toward $70

Sherry Cooper, chief economist at BMO Nesbitt Burns, said
the ramifications of $70 oil and $3-a-gallon gasoline would be "more mild'' the
second time around "because we're getting kind of used to it.''
Well, I am not "used to it". Nor do I think we should have to get "used to it".
This makes me so glad that we sold our second car and went down to one. Gas at over $3 a gallon? I think for many people, including myself, it's hard enough financially when gas is at $2.57 (current price locally).
Thank God that we live within walking distance to our bank, pediatrician, and some markets.
Because driving is just getting to be way too expensive!

3 comments:

Renee said...

I have no plans to go on vacation this summer due to costs. The children are going to have to be happy with a kiddie pool this year.

Anonymous said...

Kiddie pools can be fun! We have been invited to join family in Myrtle Beach for a week this summer, but it'd mean driving from MI to SC. The drive isn't the problem, as we're used to long drives. But the gas would leave us nothing left to spend once we got there. AND it would be outrageou$!
It stinks how bad gas prices have become, and the extent to which they are affecting us. :(

Anonymous said...

We need to drill in Alaska, 9 out of 10 people in that region support local drilling for oil. Studies also show that it would disturb less than 1% of the protected wildlife. I don't see a problem here? Build U.S. refineries and cut off our dependance on foreign oil and we will be on track!