Saturday, November 1, 2008

$2.47

Gas prices around town continue to drop. I just saw $2.47 per gallon for regular unleaded at the Irving on North State Street. The difference in the cost of filling up on a tank of gas is about $10 now. All those $10s are going to add up.
I also noticed some food prices were starting to drop. A pound of boneless chicken breast has gone down from its $2.69 to $2.99 price for the last nine months or so, to $1.99 per pound - or what it was priced in 2007.
And yet, oil companies are still posting massive profits: ["ExxonMobil posts record profits"].
This is something we really have to start wondering about.

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