Gas Prices - My Rant for the Day

Anyone notice besides me that gas is more than a dollar less than it was two months ago? Did you notice that it's still a dollar more than it was a year ago!!

Here's the kicker - oil prices are lower than they were a year ago!!

Look at this headline from Yahoo News:

Oil prices dive to one-year lows as stock markets slide

Fri Oct 10, 10:09 AM ET

LONDON (AFP) - Oil prices slumped Friday to one-year lows under 80 dollars per barrel, striking 75 dollars in London, amid a global equities meltdown that sparked fears over demand for energy, traders said.

Ten days ago, this headline appeared:

Business News

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Iran wants more than $100 a barrel for oil

TEHRAN, Oct. 5 (UPI) -- A price for a barrel of crude oil that is below $100 is unacceptable, Iranian Oil Minister Gholam Hossein Nozari says.

The Iranian oil minister also said there currently is an oversupply of oil in the market by about 400,000 barrels per day, Fars News Agency reported Sunday.

"An oil price of less than $100 is unsuitable for anyone, either for producers or for consumers," Nozari told reporters at a gas export conference in Tehran Saturday.

Is he insane?

Oh, wait. Yes, he is. That's been proven time and again... But apparently he's not alone in the world.