“More than 70 percent of Americans say they expect gasoline prices to top $5 a gallon by the end of the summer, and a majority say they are driving less because of higher fuel costs,” according to a Fox 5/The Washington Times/Rasmussen Reports survey. The $5 price tag is “very likely” to 42 percent and “somewhat likely” to 29 percent of those surveyed, “suggesting that soaring gasoline costs have penetrated budgets and that consumers are pessimistic about relief.” The nationwide average price for gasoline neared $3.80 per gallon as of May 19.
There isn’t going to be anything to stop it from going to $10 – or more – a gallon…
We’ve passed peak oil, and it’s only going to get worse from here.
May 27th, 2008 at 2:39 pmB…b…b…but the economy is doing great!
May 27th, 2008 at 2:40 pmAren’t we glad BushCo invaded Iraq so we could have cheaper oil?
May 27th, 2008 at 2:40 pmAt least we can rest assured that Exxon will use the extra profits for R&D — to be conducted by AEI.
May 27th, 2008 at 2:44 pmWhat’s wrong with you people?
Don’t you remember the Dumbya’s brilliant advice?
“Don’t buy gas it you don’t need it.”
I’d like to see a national “sit-in” where NOBODY buys gas for one day, and we just teach the Dumbinator how utterly stupid he truly is.
May 27th, 2008 at 2:44 pmupside99
Aren’t we glad BushCo invaded Iraq so we could have more profitable oil?
That’s what you meant, isn’t it?
May 27th, 2008 at 2:44 pmBushCo to oil companies: “Mission Accomplished!™”
May 27th, 2008 at 2:44 pmWhy does America hate high gas prices?
-Troll
May 27th, 2008 at 2:45 pmGet a horse!
May 27th, 2008 at 2:46 pmI have to admit, DNFP, that I indulge in drinking from the gas hose when filling up. The guy across from me fuelingthe SUV shakes his in disbelief, “Hey, don’t waste gas if you don’t need it!”
May 27th, 2008 at 2:49 pmShhhhh… don’t tell little Georgie. He thought the idea of $4 gas was outrageous.
Wonder how much of his post-term bonus is tied to gas prices?
May 27th, 2008 at 2:52 pmand now the oil companies know the target price…
May 27th, 2008 at 2:58 pmPaul Wolfowitz should be drawn & quartered.
Sure, the war was going to pay for itself from the oil profits.
Perhaps it is time to nationalize the oil companies.
May 27th, 2008 at 2:59 pmWhich board of which oil company will he be sitting on?
May 27th, 2008 at 2:59 pmAs Leftside Annie put it at #1, Peak oil is here – now. As the years go by, it will cost more and more to extract less and less viable barrels of oil. The oil reserve estimates – provided, of course by the oil producers themselves, is known to be highly inflated. We have grabbed hold of a train that has jumped the tracks. We cannot let go, and we cannot stop the train. In ten years time, we will be begging for $5.00 a gallon. Imagine the cost of things which continue to require transportation. As goes the price of gas, goes the price of many, many other things – like food.
May 27th, 2008 at 3:04 pmWhere’s George W. “2-terms mandate” “$4 a gallon? Wha- huh- I hadn’t heard that” Bush now?
May 27th, 2008 at 3:05 pmGas in northern Wash. State $4.03 yesterday…One day of not buying gas would do no good, one week of every one staying home buying nothing might work, but every one would have to join in to make it work and we all know how that goe’s..Blessings
May 27th, 2008 at 3:05 pmAnd this is happening simultaneously with cuts in public transportation.
May 27th, 2008 at 3:19 pmWe know the reality when we part with our hard earned money. We don’t need ‘polls’ to tell us we are getting robbed. Is it just coincidence that the profits of oil companies are up at all time highs, just when our gas prices are at all time highs? You would think a loyal President would want to do something about the harm the high prices are causing his constitutants. But then again, we are stuck with Bush. Sigh.
May 27th, 2008 at 3:20 pmWe went into war for the oil — it’s just that pro-war Americans thought they’d see the benefits — they didn’t consider that the oilman was in charge of that ill-begotten invasion.
May 27th, 2008 at 3:24 pmNow we have 4083 dead, tens of thousands wounded, billions of debt, recession, devalued dollar, worldwide hatred, with no “oil benefit.”
I don’t blame people for thinking $5 will be the norm now. I think it’s finally getting into our collective American skull that the warnings were right. Now those who would have always been okay will be just fine, and those who were already suffering have to suffer more.
May 27th, 2008 at 3:33 pmsorry, but those 3 sources are all without merit. They are BS outfits that do not qualify as news. Why would you print something like this from Fox, the Moonie Times, and Rassmussen? Please folks, qualify what you print when it is this egregious. my 2 cents.
May 27th, 2008 at 3:34 pmCurrent prices are reflective of 90 dollars a barrel not 135 dollars a barrel.
Thanx Bush for the lower dollar value via overspending and overborrowing.
May 27th, 2008 at 3:35 pm4.41 a gal for premium Seattle on Monday. An no I quit all driving except to get to work and go to the store, pleasure driving or visiting relatives or friends are now out of the question.
Wish I could start riding the bus to work again, but being on call sort of makes that an impossible thing…did ride for 4 years but boss wants me to drive.
May 27th, 2008 at 3:37 pmI’m starting to think maybe my 500 horsepower Mustang was not the wisest choice for my transportation needs.
May 27th, 2008 at 3:40 pmStratRat Says:
I’m starting to think maybe my 500 horsepower Mustang was not the wisest choice for my transportation needs.
Hehe, funny, my corvette gets the best milage out of our 3 cars, 27 highway, 18 city….LOL
May 27th, 2008 at 3:42 pmHillary was the first public person to say $5/gal that I heard.
I truly believe this issue carries more weight than the Iraq invasion. For one thing, it unfolds in each American’s eyes every time they fill up.
Of course, Iraq & oil prices are joined at the pump. Our military is far & away our largest consumer of oil products. Stop the invasion & watch gas prices fall.
How many believe Iraq ‘democracy’ was a shill for the true motive; free reign in the oil speculative market for hedge funds & other big Bush supporters? Goldman Sachs can make millions in days by buying & speculating on oil futures.
Follow the money. Connect the dots. Be ashamed, America. Profiteers are raping us an we aren’t putting up a fight.
May 27th, 2008 at 3:43 pmHehe, funny, my corvette gets the best milage out of our 3 cars, 27 highway, 18 city….LOL
I still get about 20 mpg on the highway. I guess that is not too bad. I did sell my RV (6-8 mpg) and my dirt bikes recently. It got to be too expensive to go to the desert and enjoy myself.
May 27th, 2008 at 3:46 pmLast Friday,
Diesel fuel was selling at $5.199 at the Union 76 gas station across from the Santa Monica Airport at National and Bundy Dr.
At the cheap Arco station in the San Fernando Valley (Los Angeles, California) it was $5.099.
It doesn’t matter what people’s expectation is. What matters is that it is already a reality.
May 27th, 2008 at 3:47 pmWitch1 Says
May 27th, 2008 at 3:05 pm
Gas in northern Wash. State $4.03 yesterday…One day of not buying gas would do no good, one week of every one staying home buying nothing might work, but every one would have to join in to make it work and we all know how that goe’s..Blessings
_______________________________________________
I was just in Seattle this past weekend, and the highest I saw regular gas was for $4.28(.9), which made my jaw drop a bit (although when I got back home to NC, I saw that gas here is now about $3.90). This high price wasn’t too far away from Sea-Tac, but throughout Seattle gas was consistently above 4 bucks.
I agree with you that one day of not buying gas will do nothing. People will ultimately buy the same amount of gas — they’ll just buy it the day before or the day after the day of protest.
The only way to hit the oil companies in the pocketbooks is to USE less gas. This is a much tougher order, since so much of our infrastructure is geared toward the automobile. Urban areas where public transit is available and everything is pretty close together are very expensive to live in — prohibitively so for most of us. Those who can only afford to live in suburbia or exurbia (and especially rural areas) are pretty much at the mercy of the automobile to get around.
However, there are small things that people can do that can chip away at gas consumption — depending on what’s available in their area:
– Join a carpool or vanpool. Most of us don’t know people in our neighborhood who also work at the same place (or general area), but in many communities there are organizations that will match up people for carpools or vanpools.
– Live within bicycling distance from work? Now that the weather is getting better most places, try cycling to work one day a week. Not only do you cut your car miles, you also get the benefit of some exercise. However, not all areas are bicycle-friendly, so this isn’t practical for everyone.
– Do you go out for lunch every day? I used to, and it put five extra miles on my odometer every time I did so. Now I bring my lunch to work. Not only does it save me gas, but my lunch is cheaper, too.
– Think about your errands. Groceries, drug store, dry cleaners, bank, gas station, pet groomer, hair stylist, etc. How close are they to each other? How many are on your commute route? Doing your errands all at one time in one trip, or doing them while commuting cuts down on gas consumption by cutting down on extra trips.
– Do you have a job that makes it possible to telecommute? If you can do your job from your home computer one day a week, you can cut your commuting mileage by 20%. Many employers are embracing this idea.
– Can you buy local food and other goods? Every time you buy something locally grown instead of something that has to be trucked for miles, you have conserved fuel used to transport goods.
If we all found some small way to use less gasoline, this would be a MUCH more effective way of sticking it to the oil companies than to simply avoid buying gas for a day (only to buy more the next!).
May 27th, 2008 at 3:49 pmWell, duh!
But what does this mean?
Well, if the majority of Americans really act on this expectation:
GM Ford and Chryler truck and SUV sales will sink even lower.
Toyota Prius sales will go even higher.
Economy car sales will increase.
Overall care sales may fall
Bike sales will increase.
Scooter sales will increase.
Public Transport ridership will increase
Public transport fares may rise
Taxi rides will decrease, fares will rise
More independent truckers will go out of business
Milk will be $5 a gallon
Local municipalities will have to reduce police car patrols
Airlines will cut back flights and raise prices
…and so much more.
May 27th, 2008 at 3:50 pmIt’s not that proices will rise, it’s the rate of the increase that matters.
Gas must go up, in the short term, so that Bush can talk the oil industry into reduce prices leading into the election. Then the “librul media” can give McPander Bear the credit and the sheeple will rejoice while voting for their own demise.
Watch for a troop “draw down” (transfer from Iraq to Afghanistan) to be announced at about the same time. Same intention and result.
May 27th, 2008 at 3:54 pmWhy wouldn’t I expect $5 a gallon? I’ve expected the worst of everything since 2000.
May 27th, 2008 at 3:56 pmStratRat Says:
I’m starting to think maybe my 500 horsepower Mustang was not the wisest choice for my transportation needs.
To beat the gas prices, what you really need is a one horsepower Mustang.
May 27th, 2008 at 4:03 pmTo beat the gas prices, what you really need is a one horsepower Mustang.
Very good; really. Actually, when I grew up in AZ, we raised Quarter Horses and Morgans for the indian farms around the area. I do wish I would have brought one of the Morgans to San Diego when I moved here in ‘74. I’m not sure how the neighbors would take it, but it is a good idea.
May 27th, 2008 at 4:08 pmjust for a bit of perspective, I have been living for the last 18 months here in France and the best price available for autograde diesel is $6.73/gal. For unleaded gas, add another $1.50, so $7-8.00/gal is not beyond the imagination. Wondering what I will be coming home to later this year. Of course it is tempered by the Megane that I drive gets over 50 miles per gallon. Pity they are not allowed in the states.
May 27th, 2008 at 4:18 pmgrenoble_expat Says:
I’ve been very curious to know if World gasoline prices are being jacked up at the same rate as American gas prices.
What were prices like when you arrived en France?
May 27th, 2008 at 4:36 pmSorry to be argumentative ZimmZone but the wholesale prices are hiked up every day by the suppliers. It has nothing to do with the cost of manufacturing, Wartime Demands or peak oil.
Washington Post Article
The cause of fuel price inflation is unregulated Corporate Gouging and unrestricted commodity speculation.
As long as these big Corporations have all the priviledges and rights as humanbeings (more if you consider their tax breaks), but with out any of the moral or legal liabilities, the people are doomed to a kind of slavery to their unchecked greed.
The only real connection between the war and gas prices is that the cost of the war has triggered a plummeting value of the dollar. The billions that have been promised in payment to Cheny & Co.s no-bid cronies are being paid for by unsupported paper. We don’t have the gold to back it up, and we aren’t selling enough products anymore to pay for those extravagant war contracts.
The Clintons negotiated international trade agreements that rewarded big businesses for exporting all of our fabrication and manufacturing jobs. (Which triggered boom times in China and anywhere else you could shoot someone for complaining about their child losing a finger in the factory for a dollar a week.)
The dollar is turning to dust thanks to the Whitehouse and congressional cowards who, under the Republican majority who have ravaged the people to benefit their lobbyist benefactors and under the Democratic rule, who have failed to hold any of these criminals accountable.
May 27th, 2008 at 4:38 pmdeisel was $4.85/gal last year (€1.31/liter) but the dollar was also back at $1.22=€1, so I got a double hit. There are strikes starting this week calling for the government to suspend the 18% VAT tax on fuel across the EU. And when they do strikes over here, they do them big time. Look for major shutdowns next week.
May 27th, 2008 at 4:45 pmSo where are you headed Daryll? Will there be any whore rescuing?
May 27th, 2008 at 4:54 pmDaryll can lie AND get his grammar wrong all at the same time.
May 27th, 2008 at 4:55 pmHe is such a multi-tasker. I bet he and the little woman are spending some time in the tourist ward at Gitmo. Good riddance to you both, and take McSame with you.
Are Daryll’s writers on strike? His material has really sucked lately.
May 27th, 2008 at 4:56 pmGas prices in Europe average closer to $8 a gallon. They use about a third the gas that we do as a result. Higher gas prices are the best thing that could happen to reduce green house gases, reduce the risks of whatever global warming is occurring, and help ween us from foreign oil. Progressives shouldn’t lament higher gas prices, they should welcome them.
May 27th, 2008 at 4:56 pmTake it from Darryl, the nut who signs in regularly to weave together his political drivel and christianity. Let’s all take him at his word that he has the money to weather any economic storm.
May 27th, 2008 at 5:00 pmYou make a good point, Cap’n. Higher fuel prices will only hasten the advent of new technology and lifestyle shifts to accommodate a new energy landscape.
In the meantime, however, the transition will be painful, and a more forward-thinking administration eight years ago could have implemented measures to make this transition less painful for individuals and for the broader economy. That wasn’t done.
May 27th, 2008 at 5:02 pmProgressives shouldn’t lament higher gas prices, they should welcome them.
And I’m sure you will agree that if we had used the 2-3 TRILLION dollars we have squandered in Iraq to use for alternative fuel research, we would be better off, no? When you and your family are paying $6 for a loaf of bread, or $9 a pound for oranges, you will still feel this way? Or are you rich like Daryll? *cough, cough.
May 27th, 2008 at 5:03 pmAs gas goes up, driving goes down
Compared with March a year earlier, Americans drove an estimated 4.3 percent less — that’s 11 billion fewer miles, the DOT’s Federal Highway Administration said Monday, calling it “the sharpest yearly drop for any month in FHWA history.” Records have been kept since 1942.
More people are fighting the gas prices by driving less. They are not taking mini vacations on the weekends. Many vacation hot-spots are going to be suffering this summer. Ultimately, those small businesses will suffer greatly from the loss of traffic and tourists.
May 27th, 2008 at 5:07 pmregarding those small businesses, those local ones who were previously ‘driven by’ by those on their mini vacations will suddenly be supported by their neighbors, who suddenly discover things nearby that they never took the time to enjoy before.
May 27th, 2008 at 5:18 pmgive us about 8 months or so…adults will be back in charge.
Daryll seems to be very laid-back about higher gas prices, but raise his taxes and watch him squeal. I guess we all have difficulty “adjusting” to different things.
May 27th, 2008 at 5:21 pmSPANK!
If Daryll were an actual person (instead of a character in a performance art piece) he would just been pwned by misshusseinmolly. Nice.
May 27th, 2008 at 5:23 pmGuess what b-kup? You don’t have the right, or wisdom, to tell others what they should “welcome”. Most informed people have been waiting for the house of cards, which kept our fuel prices artificially low, to collapse for decades.
What sticks in my craw is the energy industry collecting record profits, every freakin’ month since the return to full production following Katrina, when the rest of the economy is in the tank. Under Bushco “profit taking” has become synonymous with “grand larceny” and “R&D costs” means “enriching the rich and despicable”. Maybe I should just “welcome” their suffering, along with EVERYBODY, when they trigger the inevitable depression?
May 27th, 2008 at 5:55 pmI drive a 2004 VW Jetta TDI wagon. Diesel fuel in Easton, PA has been at $4.999 for the last week and will go over $5 by Friday. I’ve stopped driving to work; work from home and limit what trips I do take.
My other car runs on premium which is already over $4.
May 27th, 2008 at 6:48 pmIt would not matter if gas goes to $5.00/gal if we had autos/trucks that got better gas mileage.
While Americans, generally, for the last few decades, cheered on our “unregulated free market,” buying ever larger, less-efficient, (and more dangerous) SUVs, they were so ignorant and selfish to not realize that they — by increasing demand — were and are responsible for the current high gasoline prices.
Increasing demand always increases prices in a capitalistic society.
Currently, only conservation, better CAFE standards, alternative energy vehicles — but NOT “hybrid SUVs” which is just more stupidity — can, and will, bring gasoline prices down.
Drive less, drive slower, sell your SUV (which 99% of you only bought for vain reasons), and boycott Exxon/Mobil.
May 27th, 2008 at 7:16 pmralph. you’re right. the country is ready for a kennedy type moment regarding energy independence. It is one (a very important one) of a few issues that almost every American would embrace. I’m optomist in this area, because in Janurary we will have new leadership on the issue and a growing concensus on the importance of energy independance. My only concern, is that oil produces (opec, etc.) will attempt to lower the price enough in ‘09 to distract our focus and keep us addicted.
May 27th, 2008 at 7:26 pm“Progressives shouldn’t lament higher gas prices, they should welcome them.”
Well, yeah, becuase it will and is push people to want more fuel efficient cars, thereby causing the auto industry to start making cars that are more fuel efficient. People are driving less, etc.
But “Progressives” have been saying that more fuel efficient cars are better for the world for a long time — and they, as everybody, are paying the price for a lazy populous, a criminal auto industry, and a conspiratorial government (who has given the auto/oil companies free reign to make LESS fuel efficient autos and truck).
“Libs, learn to adjust.”
The entire economy is adjusting becuase all people are realizing that our government has screwed us by it’s secret, backdoor, energy policies that benefit the oil companies at the expense of the public.
Everyone has to adjust. But we would not of had to if we had a rational, well regulated auto/oil industry so that energy prices and driving options benefit us all, industry and public alike.
May 27th, 2008 at 7:30 pmpete. I may not be that bright, but answer this for me:
If you’re concerned about carbon emissions and global warming, why are you concerned about rising gas prices?
Burning gasoline has to be one of the primary contributors of greenhouse gases; that most here believe responsible for global warming.
Stories abound about people conserving gas due to the recent higher gas prices. Shorter trips, skipped vacations, considering more fuel efficient cars, riding bikes, etc.
Conservation is a good thing, for us and the environment. The hike in gas prices is doing what government can’t do; motivate people to use less gas.
Higher gas prices will slow our economy and people will be faced with difficult choices. But, progressives should understand that we will have to make some sacrifices to have a cleaner environment and less dependence on oil.
May 27th, 2008 at 7:43 pmWrong again b-kup. Bush’s little butt-buddies will lower prices leading up to the election, with credit given to McCain. Once the Dems have their supermajority prices will skyrocket. Look for, at least, $300.00 a barrel by the end of ‘09.
As for “energy independence”? It won’t start until the oil industry uncaps domestic wells and invests in alternative energy technologies. Neither will happen until the neocons are relegated to their sordid little niche in history.
May 27th, 2008 at 7:44 pmI did not realize that conservatives were holding back the domestic exploration.
pete. If you are saying that we need to tap into more of our domestic supplies of energy (coal and oil) and promote alternative energies (like more nuclear plants, wind farms, and solar), I’m on board.
May 27th, 2008 at 7:50 pmSelective reading again b-kup? My “problem” isn’t with rising gas prices, it’s the obscene profits going into the pockets of company owners rather than investing in rational energy technology. Right now the energy industry is donig little but enriching themselves.
Prognosis? No gas, at any price, and nothing to replace it.
May 27th, 2008 at 7:52 pmI’m holdin’ out for an air car.
May 27th, 2008 at 7:57 pmGonna nurse-maid my ‘96 plymouth van till I have to safety-pin the tires to the rims.
Oh come on. You can’t really believe that the “environmental lobby” is outfighting and outspending the oil lobby.
The oil industry voluntarily cut production (capped wells) in the ’80’s to keep oil prices high. If you follow the money one is also left with the clear impression that the energy industry has held back nuclear power. The environmentalists provide the fear, the energy industry buys the votes.
Here’s a question for you.
If the energy industry wished to increase domestic production, or build nuke plants, do you really think there’s any group in America that could stop them?
May 27th, 2008 at 8:02 pmProgressives support drilling in Anwar?
May 27th, 2008 at 8:22 pmBackup says:
If the energy industry wished to increase domestic production, or build nuke plants, do you really think there’s any group in America that could stop them?
Progressives support drilling in Anwar?
Typical GOP strawman BS, Anwar oil would not be at the gas station for 10 years if we started drilling tomorrow and it would do nothing (even at the highest estimates it would satisfy present demand for only a few months)
So why to republican scum like you hate Arctic wildlife?
May 27th, 2008 at 8:29 pmANWAR? Are you serious? ANWAR could, at best, supply 5% of our oil for 12-20 years. If the oil industry funneled enough funds to politicians, drilling in ANWAR would be a done deal. And, if the oil industry committed to invest in safer drilling practices, so called progressives might get behind it. However, current plans only call for reckless exploitation of the resource with no return for the economy at large.
May 27th, 2008 at 8:41 pmokay. forget anwar. (I actually believe we should save that reserve for the future, when we may need it more). What initiatives do you support to help us become energy independence.
Hydro, solar, and wind only seem to be worth about 10% of our energy needs. What else?
May 27th, 2008 at 8:53 pmFrance meets 70% of it’s energy needs with nuclear energy. I support a program like that for America. There are concerns with safety and dealing with the waste, but I believe those concerns are minor to the benefits of low emissions and significant output.
Nuclear is a real solution to our energy needs that won’t cause harmful emissions.
May 27th, 2008 at 9:03 pmActually, I support increased nuclear energy production, but, only if it’s strictly regulated by a government which is, once again, held accountable. Without effective regulation there would be too much incentive for profit motivated companies to skimp and crooked politicians to turn a blind eye. Using the second best material for a given application for instance. Nuclear power is only feasible if no shortcuts, or cost cutting, are tolerated.
Or? We could hire the Chinese to build and operate the plants. Why, you ask? Because the Chinese execute people who screw up.
/sarc off
Seriously though, there is no room for error or greed in operating nuke plants. Currently I don’t trust any government, or private, entity in America with such an awesome responsibility.
May 27th, 2008 at 9:19 pmHey Daryl-
May 28th, 2008 at 1:18 amHere’s a great investment opportunity for you. There’s a Texas christian named Hayseed (yes, Hayseed) Stephens who thinks that there’s an oilfield in Israel under the Dead Sea that is the biggest in history. He’s selling shares in it so you should get in now. He says that this oilfield will suck all of the oil from Saudi Arabia (and Bush’s friend Prince Bandar), Iran and the other Persan Gulf countries, prompting an attack from them and bringing on the End Times. You want those don’t you? The Rapture. Or Raptor. Whatever. You’ll get swept up to Heaven. Us libs will be Left Behind. What could be better? He said,”When they hit oil and the stock goes sky-high, that means Armageddon is around the corner.”
Talk about a milkshake! Drink it up!
For more information see
http://www.motherjones.com/news/feature/2008/01/let-there-be-light-crude.html
Backitup-
May 28th, 2008 at 1:32 amNice try. Alaskan oil goes to Japan and the rest of Asia anyway. They’re closest. Shipping is cheaper that way. It’s a global market. Any more drilling there will not be just for us in the USA.
Conservation is the answer short-term. The ever-increasing prices will ensure that.
Americans cut back on driving in March, compared to March 2006, more than in any single month since such record-keeping began in 1942. It was a 4.3 percent drop in miles driven, a reduction of 11 billion miles.
To be continued, ad infinitum. Ad nauseum.
When the world is running down, don’t make the best of what’s still around. Use it up. We can drive nuke cars.
It is sad that American’s expect $5 a gallon gas.
I wonder if Jimmy Carter is laughing right now. Republican’s have beaten him up for the past 25 years on the economy and gas prices and the fact that “he didn’t do anything.” I bet you when he is alone at night and it is quiet he thinks of the Bush administration and just laughs and laughs.
May 28th, 2008 at 1:40 am