The Price of Oil

Date: March 30^th, 2009

Time: 2:59PM

Place: New York, NY

The price of Oil fluctuates so regularly that it seems the Gas station prices keep moving up and down weekly and when you think the price of gas is actually cheap and affordable, it increases rapidly. It’s like taking the bus to work in the morning and noticing the price at a certain number and when you ride through that same route in the evening the price is higher. You just can’t keep up with these things, and since I am car owner I pay particular attention to this. You see I started this habit ever since the price of Oil went to above a hundred dollars and that allowed the price of gas to increase to more than four dollars a gallon and I am referring to the cheapest (regular), this was bit insane since one could not afford to drive long distances anymore or you would certainly have to pay close to a hundred to fill up any six cylinder car. Now it is a bit better as compared to before when sixty to eighty dollars would have filled up your tank, now it is much cheaper at forty therefore that allows enough to be spend on other things like beer and fast food. Let’s all hope that the madness stays in check and even though it stays at about two dollars a gallon that to me is okay, yes I can tolerate it but won’t mind a bit if it goes under. Does anyone know why this happened all of a sudden? I mean why did it go so high and rapidly decreased, does it have anything to do with the global economy? I am guessing maybe.