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Matt W. Barrow Matt W. Barrow is offline
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Default 40 gal just not enough: Replacing water heater for 2400 sq home.


"Walter R." wrote in message
...
$ 3.09? You must be living in a time warp. Look at our prices in San Diego.
At 3.87, and climbing every day.

Mostly because of Mr. Greenspan and his insane "monetary accommodation".
The dollar has lost 30% of its value and, naturally, we have to pay more
dollars for the same amount of oil.


But just 16 months ago, many of us were paying just over $2.00 a gallon in
many areas.

Greenspan's "monetary accomodation" began in the late 90's and continues
today. So why the CURRENT price surge, and why did it take so long to hit
home?