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Behind the rising prices at the gas pump

Right now there's uproar as people look for a conspiracy involving the heightened gas prices. What's really going on? Well, the oil companies are making a profit…and when did it become illegal in this country to do that? The real conspiracy is us and the amount of driving we're doing and the amount of oil we're using. But that's only part of the story. The bigger issue is that our U.S. dollar is no longer the world's preferred currency. It's a 62-cent weakling versus the Euro. Today there are stores in New York that accept European and Canadian currency. Our dollar is stinking it up, and that's part of the reason why the price of a barrel of oil is so much higher. So what's the solution? Well, in the short term, we've got to do the opposite of what the Federal Reserve is doing when it lowers interest rates. The Fed's moves have only signaled to the rest of the world that we don't care about inflation. In the long run, however, we'll need fewer horses under the hoods of our cars, more hybrid vehicles and more smart diesels. Clark knows everybody looks for the enemy at Big Oil. But the reality is that our demand is driving what we pay.

Meanwhile, Clark is broadcasting outdoors today on the porch of the first completed house of this year's Habitat for Humanity build. This year Clark was able to build his 30th house with your help. The 2008 houses will all be dedicated tomorrow on Saturday, March 1. Clark's history with Habitat goes back to 1996. That was the year he first began sponsoring houses and building alongside listeners. In just 7 days of builds, volunteers go from cinder blocks to completed houses that become homes to working families. The future homeowners participate in the process through sweat equity. Atlanta Habitat for Humanity requires them to undertake 250 hours of volunteer labor; 1 year of classes on how to handle money; and for the first year they actually live in the homes as renters. After 12 months of on-time payments, they have a retroactive closing and the payments are applied towards their 0% interest mortgage. Clark loves that this program is a hand up, not a hand out, and that he can help build a house that will become a home.

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This week's poll
The high cost of jet fuel has a lot of people staying at home this summer instead of traveling. Is there a "staycation" in your immediate future?
Yes, I just can't afford a plane ticket and/or hotel room right now.
No, I've saved up all year just to get away for a bit.
Maybe, I have to wait and see how my finances pan out.
see previous polls


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