Wednesday, February 27, 2008

Gas Prices Soar, Posing a Threat to Family Budget

From the NY Times. Maybe a few of us will bike but what about the rest of the people here will they take the bus, carpool, walk?
The infrastructure here is not set up for it. Are we fucked?

Gasoline prices, which for months lagged behind the big run-up in the price of oil, are suddenly rising quickly, with some experts saying they could approach $4 a gallon by spring. Diesel is hitting new records daily, and oil settled at a record high of $100.88 a barrel on Tuesday.