Wednesday, March 23, 2016

The Price of Gas

No, our gas is not this low in price right now, but it was a month ago. I know that there are folks around here that wish it would stay this low (regular is now about $1.89 gal), but having cheap gas is a catch 22, especially for the Texas economy.
When it gets and stays this low, drilling is stopped and that creates a domino effect that in turn effects us all..I guess what I am trying to say is that we either pay now or pay later.

5 comments:

  1. You're still lower than ours. We're around 92 cents a litre at present.

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  2. Our petrol (gas) has also come down in price to $1.4 a litre. Still a long, long way off your prices!

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  3. Dearest Janey,
    For that, I wish we could start drilling here within the USA again and not being dependent on those that hate us and make us pay dearly! From the profits they fund their wars and kill us...
    Sad but that's what the world is all about; power and money and the oil plays such a major role in it!
    Hugs,
    Mariette

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  4. It is all "hokus pokus" for me. Don't know gallons, or dollars and never drive myself....

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  5. Econimics can be a complicated affair.

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