Monday, September 12, 2005
Buy a bike while your dollars are still worth something
The St. Pete Times reports,
Damage to Gulf Coast refineries and pipelines by Hurricane Katrina pushed retail gas prices to historic highs in the past two weeks, with self-serve regular averaging more than $3 a gallon for the first time ever, according to a nationwide survey released Sunday.
The weighted average price for all three grades surged more than 38 cents to nearly $3.04 a gallon between Aug. 26 and Friday, said Trilby Lundberg, who publishes the semimonthly Lundberg Survey of 7,000 gas stations around the country. Adjusted for inflation, the nation's previous high weighted average for all three grades was $1.38 a gallon in March 1981. That would be $3.03 in current dollars.
Most bicycles of course are made abroad. Hurry to get one before the dollar collapses.