On Jan 7, 4:05*pm, Tom Francis - SWSports
wrote:
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.

But it seems like even if it dropped to a nickel it still takes as
month to reflect it at the pumps.

That is, unless oil goes up then the pumps raise in 48 hrs.

or thats the way I see it.