It’s depressing when you’re trying to run to the pump the second the news hits to fill up your tank before the gas stations catch wind of the price rising. It seems that for every dollar a barrel of oil shoots up, a gallon of gas goes up 10 cents. Right now in AZ, we’re paying around $3.20 a gallon (which is about 1/4 of 1 Euro right now. ) … and I hear California is up around $4.

It’s affecting everything too. Because of the mass increase of price, food has shot up a ridiculous amount as well. Moving it from one place to another is only half the reason. A lot of the corn and wheat supply is now going to ethanol production. Which in turn raises the cost of Feed for livestock, which makes the price of meat go way up IN ADDITION to the price of transportation. Read the rest of this entry »