Gas Prices Go Up- American Public Prepares For Armageddon

Link

With gasoline already nudging record levels, at an average $2.971 a gallon, nearly three out of four Americans expect to see fuel prices surge to $3.50 over the coming summer - and more than a quarter of the country believes gasoline could top out closer to $4.00, according to a new survey.

Americans are increasingly angry and concerned, according to the survey's sponsor, the Civil Society Institute, and want to see something done. The vast majority told researchers from Opinion Research Corp. that they want sharp increases in automotive fuel economy standards, as well as new windfall profit taxes on oil companies, with the proceeds used to develop alternative fuels and to reduce dependence on unstableMideast oil supplies.

Awww. Isn't that cute? Americans are increasingly angry and concerned. Apparently however, Americans are not interested in actually doing anything about anything. Instead, they're busy organizing another gas boycott day in the middle of the month, which will be followed by the 'fill up your empty tank day' immediately the next day, and snapping up the usual assortment of SUVs, trucks, full size cars, and gas guzzling vehicles.

Much like the right to bear arms, the right to elect former cocaine users, and the right to invade any country they see fit, Americans have become accustomed to their right to cheap gas. The only problem is, that right is quickly going the way of the dodo. I can't wait to see the first news reports of idiot Escalade owners complaining about the high cost of filling up their vehicles. Meanwhile, in the rest of the world, 4 and 5 dollar per gallon gasoline is the norm. Go figure.

Welcome to the real world America.

Nissan Net Profit Down Fiddy Four Percent! O NOES!

http://www.cnbc.com/id/15423911/for/cnbc

TOKYO - Nissan marked its first drop in annual profit in seven years on Thursday, the first such setback under the leadership of Carlos Ghosn, who salvaged the Japanese automaker from collapse. He also acknowledged Nissan would need an extra year to meet a key production target.

So they're down in net profit, but still making about 600 million a quarter instead of 1.1 billion. Oh woe is them. Grasping at straws, I've seen many claiming that Nissan is fuxxored. While making over half a billion a quarter. Digest that for a bit. At their lowest point in their 'turnaround' right now, Nissan is screwed because they 'only' made 600 billion in the quarter.

Yeah, the internet is full of idiots.

Excuses.

Had some 'mild' connection issues over the past 1 1/2 weeks. Big props to Bell Canada for ensuring I never use one of their products ever again.

EVARRRR!

Updates to come this week.