fuel prices

Diesel used to be cheaper than gas (petrol) in the U.S., but now it’s more expensive. Matthew L. Wald of the New York Times analyzes and explains why diesel’s price is rising in the article “So You Think Gas Costs A Lot?“. This and two other articles on diesel are discussed, and the advantages of high mpg turbodiesel cars are contrasted with some environmental concerns and the rising cost of diesel fuel.

Could it be that Americans are finally warming up to the idea that life doesn’t revolve around how good your car looks and that putting food on the table is more important than driving an SUV? I mean really, it’s about time, no? The pundits have been saying it for the past year, but it looks like the prediction that the average American would rather eat than spend money on fuel is finally coming true. Not only that, it’s coming in droves.

Is it the evil empire of Big Oil? The Bush Administration and their policies? The growing economies of China and India? Supply and demand? Nope. Nearly half of those polled blame the Bush Administration.

According to a recent poll nearly three-quarters of respondents believe that by the end of 2008 the national average gas price will have hit $4 per gallon.