Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (22502)	3/28/2002 7:59:28 PM
From: Augustus Gloop	Respond to of 23786

LOL!!

To: Jorj X Mckie who wrote (22502)	3/28/2002 9:51:34 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 23786

You Thought $2 A Gallon Was Bad? Wisconsin's Price Surge Is No. 2, After New York POSTED: 11:00 a.m. EST March 28, 2002 UPDATED: 12:14 p.m. EST March 28, 2002 MILWAUKEE -- Remember the outcry from politicians and the public last year, and the year before, when gas prices approached $2 a gallon? Well, if you thought you saw the last of those high prices, think again. Some experts said we could be just weeks away from another price spike. The state gas tax will increase nearly a penny a gallon next week, and experts said the price at the pump could soar in the weeks ahead. For a lot of people, gas prices in the $2 range are hard to forget. "I have eight trucks in my fleet. I remember exactly what happened last year," Ken DePratt of Franksville said. It's happened two years in a row: southeastern Wisconsin suppliers empty their tanks to switch to the summer blend of reformulated gas. Industry experts said don't be surprised to see a price surge in the next month. "To this point nothing's been done through the EPA," said Erin Roth of the Wisconsin Petroleum Council. Roth points to inaction by the Environmental Protection Agency, saying the government has done nothing to keep prices down this year. "For this spring, nothing's going to change from the previous springs," Roth said. While no one wants to pay more, some drivers said they think consumers have to take some responsibility for the higher prices. "I drive cars with big engines, and I think that if you're going to do that, you should be willing to pay the price for the gas," Susan Leo of Wauwatosa said. But willing or not, everyone agreed a big price increase, could lead to big trouble. The average price at the pump has gone up 26 cents a gallon in the past three weeks. The new increase in the state gas tax puts that at 31 cents a gallon. That's second highest in the country, behind only New York. Combined with the federal gas tax, Wisconsin drivers are paying just under 50 cents in taxes on every gallon.