Stop sniggering, you car-free types . . .
The weakness of the dollar is one reason why oil prices are so high, as cartel members seek to compensate for their lower earnings. This means a further drop in the dollar is likely to be accompanied by a rise in oil prices. [From Oil leaders’ private debate televised by mistake | World | The Observer]
Is there ever an upside to dealing with a cartel for a necessity like your prime source of energy? Aren’t you glad the grown-up Daddy party has been in charge for the past 6 years?
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[update Nov 19] I did fill up this afternoon and the customer before me dropped US$98 on a fillup. Mine are over US$40 (only a 14 gallon tank). I can’t imagine spending US$100 on a tank of gas.