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On Wed, 7 Jan 2009 08:03:59 -0800 (PST), Tim
wrote: Odd that oil has raised from boaut $35.00 a barrel and local pump gas has gone from $1.44 to $1.89 all in the last couple weeks. Looks like we're in for another gouging. how much more? eh, who knows. Not today it didn't. The price for oil tanked after the crude/gas/distillate inventory reports and the Mastercard survey which showed another drop in the demand for gasoline. Even taking into account the Christmas/New Years holiday, demand dropped another 1.65%. I'd bet we'll see gas closer to $1 gallon before it's all said and done. |