Rising diesel prices may force consumers to go on a diet
Analyst: Cost of Food to Climb as Diesel Fuel Tops $4 Per Gallon
Erik Anderson, KPBS Radio
Mar 11, 2008
San Diego’s average price for a gallon of gasoline is up to $3.57 a gallon. The Utility Consumer's Action Network tracks local prices at hundreds of filling stations.
UCAN’s Charles Langley says the local price jumped three cents a gallon since last Friday and he thinks it will continue to go up.
Langley says the price of oil on the international market appears to be driving prices at the gasoline pump.
Langley: The on the spot price, which is why they call it the spot market, is tracking very closely with oil prices on the futures market. So we're literally paying tomorrow's price for gasoline today.
Langley says the price of diesel fuel topped $4 a gallon today. He says that’ll drive up the cost of food and consumer goods because they’re shipped by truck.
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The local media loves
The local media loves Charles Langley, he is always willing to go on the record with a provocative quote. Even when he has nothing intelligent to say, even when he hasn't got a clue what is driving the energy markets. He always makes it sound like he knew what was going to happen, but in fact he never knows what will happen.
It's too bad, really. We could use someone who has good information and can share it with consumers. Langley is not that source.
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