No sign of letup in rise of gasoline prices
NEW YORK (CNNMoney.com) -- Gasoline prices hit a record high for the fourth straight day Wednesday, according to AAA, and more records could be on the way.
The motorist group said the average price for a gallon of self-serve unleaded gasoline rose to $3.103 in its latest reading, which is based on a daily survey of purchases at up to 85,000 gas stations. That's up from Tuesday's record of $3.087 a gallon. Prices are now up 2.3 percent in just the last week and 8.6 percent over the past month.
California had the highest average price, with a gallon of self-serve unleaded costing $3.474 in the latest survey, although that was off of Tuesday's reading of $3.478.
South Carolina had the cheapest gas, but it is also creeping toward the mark of $3 a gallon with an average price of $2.853, up from $2.838 on Tuesday. (Posted 12:17 p.m.) (link)
Gasoline is around $2.89 here in East Tennessee. My favorite station, the BP on G Street in Elizabethton was $2.79 yesterday. So what is up? Conspiracy? Greedy oil companies? I don't think so. I think we are just beginning to feel the effects of Peak Oil.
You can read what I have written about Peak Oil, here, here, here, here, here, and here. And, yes, here. Gasoline prices (and of course all other energy prices) will continue to rise. We are on the downslope of the oil supply curve. We can blame Al Gore, or we can get our heads out of the sand and face this.
On Sunday, May 27th from 7-9pm we are going to host a screening of Kilowatt Ours, a great little film about our energy dependence and the creativity of individuals and communities to become more green in regards to energy use. Here is a press release:
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Here are some scenes from the film:
switch to its energy source? Mountaintop removal, childhood asthma, global warming…
or hope?” – Jeff Barrie
In the Appalachians the cheapest and easiest way to
extract coal from the mountains is a process called “mountaintop removal.”
“They use 2,500 tons of explosives a day in Appalachia, and that’s
why I say we are under assault. We are under attack.” – Judy Bonds, Community
Activist
- Rev. Woody Bartlett
The roof of this carport is covered with solar collectors that
provide energy for TVA’s Green Power Switch.
This Tennessee homeowner generates all the
energy his family needs using solar panels, because his home consumes only one-third the average homes’ energy use.
“With the money we saved on electricity we could
afford to purchase 5 blocks of Green Power. We finally reached our goal of 100% renewable power at home!” – Jeff Barrie
Join us, Sunday, May 27th 7 pm at First Presbyterian Church, 119 West F Street, Elizabethton!
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