Brace yourself folks! The price of gasoline on Lee road just jumped 57 cents! The Shell station across the street from the Phoenix coffee house on Lee went from $2.52.9 to $3.09.9. A quick check of Cleveland Gas Prices shows that the $3.09.9 price is an agreed upon price with B.P., Marathon, Speedway, Citgo and Sunoco all posting identical prices as of 10:49 this morning.
It was inflation driven by energy costs that ultimately produced the malaise that President Ronald Regan rode into the White House. Is it any wonder that President George Bush finally decided to cut short his vacation? (And, I’m sorry, I don’t buy that it has anything to do with compassion for the human tragedy in New Orleans and the Gulf Coast. Oil is threatened. Enough said.)
Well, maybe not really enough said. Here’s Jeff Jarvis’ two bits.