You may recall where gasoline prices were in May 2008: They were approaching $4 a gallon, which is where they appear to be headed now. Yes, by the beginning of summer you may need a second mortgage to gas up the old SUV, pickup or minivan, not to mention your ATV, JetSki or lawnmower.
I don't think there's anything that gets Americans more riled up than high gasoline prices, and I'm speaking as someone who remembers when it cost less than $10 to put 20 gallons in a 1966 Chevrolet Impala SS. Supply and demand and speculator nervousness always get cited as the root causes of rising prices, and that may be true. But there's always a general suspicion among folks at the pump that somehow the fix is in. Of course if Iran's mullahs decide to sink a tanker in the middle of the Strait of Hormuz, all bets will be off.
For your convenience, I've added a gas price widget to the right side of the page so you can keep up. For the next week, e-mail me what you think the price of unleaded regular will be the Friday of Memorial Day weekend. The address is bizmojoidaho@gmail.com. Entries will be accepted through 5 p.m. Feb. 29. The winner will receive a $10 gift certificate to Carl's Jr.
By the way, I noticed that Stinker has begun selling gas with an octane rating of 85, when the lowest they used to sell was 87. All by itself, this is a sign of the world in decline.
