Speculation, greed drive up gas prices, hurting economy
To most of us the price of fuel for our vehicles is constantly on our minds. The price fluctuates almost daily, trending higher. This causes uncertainty in our budgets and our ability to make ends meet.
Gasoline and diesel are the main starters of our economy. It's not rocket science that if fuel markets are overpriced and unstable our whole economy suffers. I don't believe it has to be this way. Until greed got to be the main factor in the markets, supply and demand had done a good job managing the price.
Industry leaders still say the price is controlled by the market. I submit the market is no longer supply and demand, but rather a speculative market.
Before we are constantly facing shortages, I would like these questions answered: How much speculation is fueled by oil company money? (Remember Enron.)
Why is diesel, that is a less refined-product, more expensive than gasoline? Why is there sometimes 20 cents difference in prices between adjacent towns? Why do all stations move their prices up at the same time?
It's a disgrace that the industry and the federal government have allowed this to happen in this great country. I see very little hope for the future if these segments don't come together to solve this problem.
Imbalance in Somerset
I traveled April 21 to Northern Kentucky and found the gas prices to vary significantly from what we pay in Somerset.
In Somerset, the price was $3.93 per gallon; in Mount Vernon the price was $3.81 per gallon.
As I traveled on, I found the cost of gas to be $3.73 in Lexington, $3.79 in Dry Ridge and $3.74 in Florence. That is, for the most part, 20 cents a gallon less than we are paying in Somerset.
On April 22, I had to go to Louisville. In Danville, I noticed gas prices were $3.73 per gallon; Lawrenceburg, $3.72; and in Louisville, $3.75.
It is hard to understand why there is so large a price difference between Somerset and the other towns and cities. I looked at prices in Corbin — I believe both Somerset and Corbin get their gas from a Knoxville terminal — and found the gas in Corbin to be $3.66 per gallon. That is 27 cents less than here in Somerset.
Could someone please explain what is going on here? Why is there such a difference in prices in Somerset versus these other locales?
For those who travel outside of Somerset and want to check prices along their route, I recommend they go to Gasbuddy.com.
Clay Parker Davis
There were probably a lot of "ooohs" and "aaahhhs" when Brad Pitt and Angelina Jolie announced their engagement a few weeks ago; there should have been a lot of "how sad it took this long."
The fact they waited until their children pressured them symbolizes the eternal immaturity of Hollywood and young couples in society today. Parents should be married because it is the right thing to do, not because their children start to bug them.
Statistics show that homes with married loving moms and dads have children who make better grades, are less obese and cause less trouble later in life.
Weakness in numbers
The golf season has begun, and so has the annual wrangling over Lexington's five public courses.
According to an editorial in the Herald-Leader, some of the privately owned courses haven't reached the ears of at least one of our council members. Apparently, they're not getting the amount of play required to make the profit they'd like.
The simple truth is the privately owned courses overbuilt, and there are too many such courses in and around Lexington. How many are there? My phone directory listed 17. Add the country clubs and courses in surrounding counties easily accessible to golf fanatics, and the number jumps to almost 30. And they're suggesting that they're not making an ample profit because of Lexington's five courses.
The Division of Parks and Recreation has devised a plan intended to raise both revenue and rounds played. It's too early to suggest how effective the plan will be. And way too early to raise the old argument that Lexington golf is costing tax-payers too much money.
Support for the privately owned courses on the backs of Lexington's five public courses doesn't make much sense. Suggest to those private-club owners that they may have created their own problem.
Dr. Ronald A. Reinhardt
UK not just for athletes
I know this will not be a very popular letter as the University of Kentucky has just finished a wonderful winning season. The paper has been overfull of it.
A new building; "nothing is too good for our UK athletes." Everything that can be done for them is being done while the others are pushed aside.
Others don't count one iota, and to show what they mean to the university it is going to raise tuition, plus no raises for anybody. Sorry, you just aren't important enough.
I always thought that schools and universities are there for educating people for their futures, what they are going to make of their lives, to earn a living in their chosen field and to be treated equally with just the same great praise for doing a good job of learning.
Hey, they deserve just as much praise. Let's be fair in this and think of others for once.
The Romney redneck
When Mitt Romney, a fabulously wealthy member of the 1 percent, donned his work clothes and stumped for the good ol' boy vote down South, Jeff Foxworthy, another fabulously wealthy member of the 1 percent, helped him relate to his redneck brethren.
I, a not so wealthy member of the 99 percent, thought I'd offer my services as well.
If your flannel work shirt is Versace, you might be a Romney redneck.
If your mechanic wears Armani overalls while changing your oil, you might be a Romney redneck.
If your sister dates Thaddeus Collingsworth III instead of Jim Bob Billy Joe Johnson, you might be a Romney redneck.
If you gargle Dom Perignon after brushing your teeth, you might be a Romney redneck.
If your favorite polo pony is named Bubba, you might be a Romney redneck.
If your pickup truck is made by Rolls Royce, you might be a Romney redneck.
If you drive to Canada with your best coon dog strapped to the top of your Ferrari, you might be a Romney redneck
If you repeatedly exclaim, "How droll" while watching Hee Haw, you might be a Romney redneck.
If you prefer caviar with your grits, you might be a Romney redneck.
If your brother has a wine cellar under his double wide, you might be a Romney redneck.
If you say, "Gads, old man, you're looking rather stout these days," instead of, "Damn, Bubba, you're gittin' big as a house," you might be a Romney redneck.