«

»

Jan 01

My “Gas Attacks” or “Ratchet” award goes to… the Oil companies.

Prior to the War in Iraq gas could be purchased for a paltry 57cents per liter.  With the outset of war the price rocketed to as high as 80 cents a liter.  Weeks later, after one third of the world’s oil reserves were “liberated” without loosing a drop (of oil), the price drops to the 62 cents per liter.  Later in the summer, on the heels of the Great Northeastern Blackout, the price of gas spikes to 82 cents per liter.  As life gets back to normal in Ontario it falls to 70 cents per liter.  Well oil be! Even Newton would struggle with the gravity of this situation – i.e what goes up, must not come too far back down.