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Gas in America is certainly expensive right now, but most people just don't seem to recognize the inflation side of the equation. Also, a lot of people on this board are pretty young and don't remember gas prices in the 70's when things were really bad. With inflation factored in, comparing gas prices today with historical prices, on an apples to apples basis, shows that gas prices today are still FAR lower on a relative basis vs. historical prices. However, prices are still high, and they've gone up rather rapidly, so the change in prices is felt in the wallet all the more.
FYI, gas prices in the US are extremely cheap vs. global prices. However, if you want the cheapest gas in the world, I'd check with Kuwait and Venezuela. I read a couple of weeks ago that gas prices in Venezuela are about $0.14/gallon. How does that make you feel?!
I have to agree with NeoPhono on the issue of drilling, however. There has not been a major new refinery built in the U.S. in over 20 years, in large part due to environmentalists and political hurdles. We have a strategic petroleum reserve (which I don't think we should be using), and the ANWR, which we SHOULD be drilling if prices are so much of a public concern. I have to agree--Kerry loves to point out things he sees as problematic, but doesn't offer a concrete, logical solution to any of it.
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