Gas Prices Jump; California Hardest Hit
New submitter jefery23 writes with this excerpt from an Associated Press article (as carried by the Denver Post): "Californians woke up to a shock Friday as overnight gasoline prices jumped by as much as 20 cents a gallon in some areas, ending a week of soaring costs that saw some stations close and others charge record prices." Friday's jump followed another big one just a day earlier, too. Texas gas prices have gone up, but not quite so dramatically ($3.59 at the station nearest to me); how are they in your neck of the woods? Those Bloom boxes and charging stations can't arrive too soon.
Yeah but, according to the Labor Department gas prices had already dropped in California, so be happy.
Once you realize how much energy is contained in a pound of gasoline and compare that to a pound of lithium batteries you'll understand why. Electric cars will remain a gimmick until cold fusion becomes a reality. Until then try and match the power in petroleum, you can't.
Only the State obtains its revenue by coercion. - Murray Rothbard