Eisboch wrote:

"JoeSpareBedroom" wrote in message
...
"Eisboch" wrote in message
...

"jps" wrote in message
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That's what caused $4 gas, not supply/demand. Get an education
please.

Please explain the drop from $140/barrel to $34/barrel when the
demand tanked.

Eisboch

There is no single reason, and you are fully aware of that fact.

Explain why the price took so long to tank after demand dropped.

http://www.cbsnews.com/stories/2009/...n4707770.shtml



The JimH theory?

Eisboch

No, if that was correct, it would still be up at $4/gal.

I pity that poor marina. Next summer they will be selling gas at
$5/gal, while everyone else is selling it for $2.75. My guess is the
gas will turn into shellac before they sell any.