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Default Gasoline prices.....they keep falling ;-)


NOYB wrote:
" *JimH*" wrote in message
...
$2.26/gallon at the street pumps just last week.........today down to
$2.11. This after a high of $3.14 following Katrina.

A nice trend. ;-)


I made that prediction 2 months ago:

NOYB Sep 8, 7:22 am show options

Newsgroups: rec.boats
From: "NOYB" - Find messages by this author
Date: Thu, 08 Sep 2005 12:22:05 GMT
Local: Thurs, Sep 8 2005 7:22 am
Subject: A Silver Lining
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"Harry Krause" wrote in message


...


Now, those prices have skyrocketed and Americans face a winter of high
prices at the pump combined with heating oil prices that are double or
higher what they were last year.




Here's my prediction:

Barring any major negative event in the Middle East in the immediate future,
gas prices will fall 15-20% by the end of the year.


That's odd, most people in the business are predicting that after this
initial drop, fuel price will creep back up, because people will once
again buy more.