Gas prices – May 25

Petrol to hit £1 a litre within week in UK

Poll: Gas costs hurt, but many adjust

TOD readers on oil companies & gas prices
Wis. gas station shuts pumps over prices
House passes gas profiteering bill, but misses target
Oil exec calls on Americans to cut demand
LA Times: Don’t blame oil companies, blame us
MarketWatch: There’s more to it

The peak oil crisis: The minimum operating level

The size of our gasoline stockpile has become an important number, not only for everyone who drives, but also for the future of our economy… If stockpiles – on either coast – drop much more, we are going to find out, the hard way, exactly where the minimal operating level is, for that will be the day the shortages develop.