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General Observations

5/10/2008
Allan
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Gasoline Prices


This is May 10, 2008, and gas prices around here are about $3.50 a gallon. My partner, Mike, and I drive around southeast Virginia representing clients in Court. We try very hard to keep our legal fees low so that our services are affordable, but the cost of getting to Court is starting to mount. Frankly, it's starting to hurt. We watch the price of a barrel of oil; Friday it was $126, up from $113 just ten days ago. In January, oil prices rose above $100 a barrel for the first time. I read in the Wall Street Journal just yesterday that $150 or $200 a barrel is foreseeable this year. Are we talking $4.50 or $6.00 a gallon of gas here? I thought this Iraq war was a war for oil; if so, let’s get some concrete results. How about $2.00 a gallon if our guys are there fighting for us? I don't hear much squawking yet from the folks. There’s an old Russian saying: "As awesome as the starry sky at night is the patience of the ordinary man." Mine is gone.
 
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