Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)

Aug. 29) - Gasoline prices are falling fast and could keep dropping for
months. "The only place they have to go is down," says Fred Rozell,
gasoline analyst at the Oil Price Information Service (OPIS). "We'll be
closer to $2 than $3 come Thanksgiving."

Travel organization AAA foresees prices 10 cents a gallon lower by the
end of next week. It reported a nationwide average of $2.84 Tuesday,
the lowest since April 20.

It's good news for consumers and the economy. Continued lower prices
"may act like a tax cut" and stimulate spending, says Richard DeKaser,
chief economist at National City in Cleveland. He calculates that
higher energy prices the first six months cut growth of consumer
spending 1 percentage point.

The U.S. average for a gallon of regular peaked this year at $3.036
Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the
high of $3.057 Sept. 5, a week after Hurricane Katrina battered
petroleum production in the Gulf of Mexico and caused fears of fuel
shortages.

OPIS' Rozell figures prices will jump again next spring.

"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)

Aug. 29) - Gasoline prices are falling fast and could keep dropping for
months. "The only place they have to go is down," says Fred Rozell,
gasoline analyst at the Oil Price Information Service (OPIS). "We'll be
closer to $2 than $3 come Thanksgiving."

Travel organization AAA foresees prices 10 cents a gallon lower by the
end of next week. It reported a nationwide average of $2.84 Tuesday,
the lowest since April 20.

It's good news for consumers and the economy. Continued lower prices
"may act like a tax cut" and stimulate spending, says Richard DeKaser,
chief economist at National City in Cleveland. He calculates that
higher energy prices the first six months cut growth of consumer
spending 1 percentage point.

The U.S. average for a gallon of regular peaked this year at $3.036
Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the
high of $3.057 Sept. 5, a week after Hurricane Katrina battered
petroleum production in the Gulf of Mexico and caused fears of fuel
shortages.

OPIS' Rozell figures prices will jump again next spring.

"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)


Another political post disguised as on topic. How clever Chuck!

"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)


http://www.pollkatz.homestead.com/fi...0_image001.gif

Could be a very good November. ;-)

It's already dropped somewhat around here. $2.67 for cheapo. alot
better than $3.12



NOYB wrote:
"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)


http://www.pollkatz.homestead.com/fi...0_image001.gif

Could be a very good November. ;-)

Just in time for the skiing season.

Sherwin D.

Chuck Gould wrote:

Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)

Aug. 29) - Gasoline prices are falling fast and could keep dropping for
months. "The only place they have to go is down," says Fred Rozell,
gasoline analyst at the Oil Price Information Service (OPIS). "We'll be
closer to $2 than $3 come Thanksgiving."

Travel organization AAA foresees prices 10 cents a gallon lower by the
end of next week. It reported a nationwide average of $2.84 Tuesday,
the lowest since April 20.

It's good news for consumers and the economy. Continued lower prices
"may act like a tax cut" and stimulate spending, says Richard DeKaser,
chief economist at National City in Cleveland. He calculates that
higher energy prices the first six months cut growth of consumer
spending 1 percentage point.

The U.S. average for a gallon of regular peaked this year at $3.036
Aug. 10, according to OPIS/AAA daily surveys. That's slightly under the
high of $3.057 Sept. 5, a week after Hurricane Katrina battered
petroleum production in the Gulf of Mexico and caused fears of fuel
shortages.

OPIS' Rozell figures prices will jump again next spring.

JimH wrote:
"Chuck Gould" wrote in message
ups.com...
Here's an analyst predicting something closer to $2 per gallon gasoline
by Thanksgiving. (Prior to an increase again next spring).

This old cynic thinks he's about two weeks off cycle. The price of
refined fuel will bottom out
a bit earlier than Thanksgiving......say around election day or so.
:-)


Another political post disguised as on topic. How clever Chuck!


Fuel prices are political? Amazing. Are fuel prices liberal,
conservative, democrat, republican, libertarian, or what?

Election Day is a date, not a campaign slogan or political propaganda.

You read too much into my comment. If I ever make another political
post in this NG, you won't have to wonder whether it is or isn't. :-)

Shortwave Sportfishing wrote:
By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.

Is one of them associated with the infamous nest of commy
fag libby-rull traitors MoveOn.org?

You need a tighter fitting tinfoil beany. The one you're
wearing isn't keeping out the spy beams.

DSK

Harry Krause wrote:
Shortwave Sportfishing wrote:
On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause
wrote:

Oil prices rose above $70 a barrel yesterday, as persistently high
fuel demand and concerns about possible supply disruptions in the
Middle East and Nigeria offset news of increasing US inventories.

By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.


That's right: it's not the oil company buddies of Bush and Cheney, it's ,,,

Sorry, not buying into that one.


Why not, it is just as plausible as your theory.

Harry Krause wrote:
Bert Robbins wrote:
Harry Krause wrote:
Shortwave Sportfishing wrote:
On Thu, 31 Aug 2006 06:18:43 -0400, Harry Krause
wrote:

Oil prices rose above $70 a barrel yesterday, as persistently high
fuel demand and concerns about possible supply disruptions in the
Middle East and Nigeria offset news of increasing US inventories.
By now it should even be obvious to the most intellectually deficient
that the market is being driven by politically motivated speculators
with huge dollars - they are determined to keep the price of at a high
level to drive this economy into the ground to punish Bush.

And I'd bet that I can name at least two right off the top of my head.

That's right: it's not the oil company buddies of Bush and Cheney,
it's ,,,

Sorry, not buying into that one.


Why not, it is just as plausible as your theory.


Only to the uneducated, unsophisticated Bush backers.

I see, you can't argue the fact so you resort to personal attacks.