The High Price of Gas

The high price of gas got you down? How about a loan or second mortgage to fill up the old jallopy? You could pawn your wedding ring or your wifes jewelry or cash in your kids college fund for a few gallons.  Hey! That’s not funny, it’s getting too close to the truth.  Let’s see why the price has gone up so much. The U.S. Dollar has lost 40% of it’s value in the last 10 years for one thing, then there’s the Obama moritorium on drilling for a year and new rules by the E.P.A. that make it harder to drill for oil  and refine the gasoline. Some of the other problems I see are the speculators who foresee prices higher in the months ahead because of China and India using more oil as they’re economies get bigger.
Then the problem of the Feds printing money to pay down the debt brings the dollar value down even more.
As Bill Clinton said, “It’s the economy stupid!”

Advertisements

About toonsville

I'm a retired animator and Director and I've worked mostly on TV Saturday morning cartoon shows. I started in the industry in 1966 at The Disney Studios in Burbank as an in-betweener on 'The Jungle Book' and worked at Filmation Studios, Hana Barbera, MGM, Universal, Cartoon Network and several others during my 42 years in the business.
This entry was posted in high price of gas. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s