Futures

How is it that oil futures dictate the current price of gas? Oil futures jumped five dollars in afternoon trading. The price of gasoline jumped respectively.

I spent $48.00 today filling up my car that, at this time last year, cost me $28.00 to do so.

I hate not having an alternative. I hate being forced to support these oil companies by the infrastructure that we live in. If there was some other reasonable way to get into and out of the city without having to spend money on gasoline, I’d adopt it as a lifestyle without hesitation. As it is, I am already taking the subway as far west as it will take me from the downtown core, and driving the remaining bit back to my home in Mississauga.

I fear the day when the economy fails because it is literally too expensive to venture out to make any purchases. I already laugh in the faces of coupon clippers who, in this day and age, will travel an extra five kilometres to save twenty cents on a product that they could have got at their local grocery store. Sorry sir, but it just cost you an extra dollar thirty to get there and back.

There has to be some other alternative that must be adopted before the economy fails. Oil may generate a lot of revenue at present, but once it is apparent that individuals cannot afford the luxuries they plan on enjoying after they arrive at their destination, then the economy will fall; oil and all.

The future that I see truly isn’t reflected in oil futures.

Good Grief.

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