You know what that was? The last time I paid $1.999 for a gallon of gasoline--before last night, that is. Went and filled up the van at Sam's, and thought it would be good to look back in my little Volvo logbook and see just how far back it was that gas cost so little.
So, not only is gasoline now back down below the price it was before Hurricane Katrina, it's lower than it has been since before I even moved from Blogspot to Munu. And, in fact, BEFORE I EVEN OWNED MY VOLVO. That $1.99 price was how much the previous owner had paid. By the time I got the car, gas was up around $2.20 or so.
Conclusion? Well, obviously severe natural disasters have the net effect of driving gasoline prices down in the long term. That Karl Rove guy sure is a genius with his Evil Hurricane Machine and all.
Posted by Terry Oglesby at December 1, 2005 09:01 AM