The price of gas is the same as it has always been.
This statement is 100% correct.
Think about it. A gallon of gasoline is the same gallon of gasoline it has always been. Bessie still gives us the same gallon of milk she always has. A bushel of corn is the same size bushel as always. None of that has changed a bit. What has changed is the value of our dollar. The buying power, or real value, of our dollar has tanked. And after S&P's credit downgrade (which would have occurred 3 months ago, had the Oval Office's Islamic boogie-man not been *cough, cough* 'killed'), you are about to see that value drop yet again. Not to worry, because the real value of your dollar was already a tick under 2¢, so there's not much left for it to lose.
But you can relax in the comforting knowledge that of the $400 billion budget increase we couldn't afford to grant the government, $239 billion of it was spent just 2 days later. Which was the single, largest government spending day in history, by the way. Shall we start a pool on just how many more days it will be until we see Obummer on TV, tugging at his forelock and asking Congress to rubber-stamp him another $500 billion?
Trust me, the price of gasoline is the very least of your concerns. Anyone know what happened today, after a 70 year hiatus? Rice futures trading started again on the Tokyo Grain Exchange. And within minutes, its trading was halted. Apparently, a 40% price surge triggered a cancellation. And can you imagine what the people in Thailand and Viet Nam are doing about now? Why, they are dancing in their rice paddies, because they can now see what their rice is going to be worth. Can you say, 'marginal pricing power'? OK, can you say. 'Fukushima radiation levels'?
Look at what happened in New Zealand's markets, as they opened. As that wave washes across Europe,
pay particular attention to Italy. And you know the impending crash of Italy's economy isn't the only thing the
world financial leaders are concerned with, today.
China is now calling for international oversight on any more issues of U.S. dollars, as they wag their fingers at U.S. fiscal irresponsibility. Amazing, isn't it? Other countries can see the pitfalls of fiat currency, yet our own country's leaders think its quite alright to just keep the printing presses running.
I think you can safely stop worrying about insignificant matters like gasoline prices. You may want to consider spending a bit of money on stockpiling non-perishable foodstuffs and bottled water, however.