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Gas prices skyrocketing!

Gas prices are out of control these days. A barrel of oil at wholesale is just under $65, and that figure translates into what we’re paying for gas. Typically, gas prices fluctuate seasonally. Gas prices usually peak sometime between Memorial Day and Labor Day, and then they start to decline. But not this year. There is so much instability regarding our supply of oil and the reliability of the countries from which we get it. As a result, there is a $15 to $20 “uncertainty premium” that we’re paying. It’s even worse for people who pay for premium gas at the pump. Very few cars actually need premium gasoline, even if it says it on the inside of your gas cap. Even Porsche has admitted it doesn’t need premium gas. So, unless you have a super charger, you can probably use regular gas. It doesn’t hurt the engine or the car at all.

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This week's poll
Which of these recent rip-off alerts shocked you the most?
Campuses taking kickbacks from health insurers.
AT&T settling a lawsuit over 3rd party billing charges.
Online loans coming with interest rates as high as 2,000%.
Scamsters pretending to collect funds for flood-relief charities.
All of the above.
None of the above.
see previous polls


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