Free Republic

(2006-04-22) — A spokesman for the U.S. oil industry today said the cost of gasoline at the pump has increased lately due to the high cost of fuel. Industry expenses have increased substantially for company cars, corporate jets, tank trucks, ocean-going oil tankers, shipping refinery parts and other operations dependent on petroleum products, the unnamed industry source said. “When the high price of fuel jacks up the cost of delivering gasoline to the consumer, we need to recover that cost some way, and that means higher prices at the pump,” he said. “That’s just petroleum economics 101."

Gasoline Skyrocketing Gasoline prices have been on a tear recently with some of the largest weekly increases on record. In some parts of the country, prices at the pump have exceeded $3.00 per gallon for regular, although the average lingers near $2.80. Prices will go higher, muchhigher. These price increases, occurring fully two months before the summer season, have created alarm. The familiar cries in the press are back and predictably, politicians are looking for the usual suspects. Obviously, crude oil prices can in part explain the recent gasoline price increases, which almost mirror last year’s. Crude oil, which a...

If gas prices are driving you to drink, here's the place to go: the Handlebar, 2311 W. North. Under its Inverse Petrol-O-Matic Beer Pricing Scheme, beer prices will fall as gas prices rise. So with gas at $3, a pint of Goose Island 312 ale is also $3. When gas hits $4, the beer's $2. Five-dollar gas gets you beer for a buck and if gas hits $6 the beer's free. But if high gas prices don't faze you and you're in the market for a car, maybe you'd enjoy the Fine Motor Auction and Luxury Lifestyle Expo in New...