Just about 15 minutes ago I topped off my gas tank at a local United Dairy Farmers Station here in Delaware, Ohio. I paid $3.55 per gallon since I heeded GasBuddy.com’s warning about the imminent price spike at 6:00 pm this evening to an expected average of $3.89 per gallon for regular and higher for the other boutique grades of fuel.
Why the price hikes do you ask???? Probably the least believable lie you’ll be told is that stock prices took another roller coaster ride and people panicked for no good reason. Major news outlets will tell you it has to do with the just introduced plan by the Bank of Cyprus to charge every one of their account holders “X” amount to pay for their much needed bailout. You can imagine what kind of response that got!!
Luckily none of our moron bankers have grasped onto this idea yet, but I think it may only be a matter of time before they do. Tune into your local news outlet to stay informed about what to expect as related to the economy (your personal one) and what may happen next.