Thursday, April 18, 2024
Miles from the Mainstream
D. R. ZUKERMAN, proprietor
A Look at Credit Card
Interest Rates

NOVEMBER 13, 2005 --

Last week, appearing before a Senate committee, oil industry executives faced some harsh words about gas prices -- and, LPR has noticed that gas prices
continue to get lower.

In Torrington, Connecticut, prices at a Mobil station were nine cents lower than
the preceding week. At a Torrington Citgo, regular was at $2.17.9.

Alas in New York City, gas prices are forty cents a gallon higher than in Torrington.

It seems, however, that we are past the days of gas-price gouging, at least for now.

LPR would like to see a congressional committee ask bank executives to explain credit card interest rates that are close to 30 percent. For LPR neither gas price gouging nor onerous credit card interest rates serve the common good.

In a free society, when officials ignores strains placed on voters, voters look
elsewhere -- and now, we see, even to write-in candidates.

LPR notes that the price of gas in Torrington is still going down. This is the Mobil station on Torrington's Winsted Road.