2.13 a gallon (holidays, how much, companies, dollar)
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I would think outrage would be the feeling, knowing that for the last 2 years you have been robbed. The election is near, otherwise there is no reason to justify the 35% drop in fuel. over the last 3 weeks. We have been fleeced and this administration stood by and did nothing. Could they be part of it?
There is plenty of reason to justify the 35% drop in fuel over the last three weeks; namely, a barrel of oil has lost over half its value in the last couple of months. And despite all of the hyperventilating to the contrary, the price of oil is something over which the President of the United States has little control since it's a global commodity whose demand is measured across the entire globe. The price of gas isn't just dropping in the U.S., it's dropping all over the world. The fact that Americans believe a global commodity price moves simply because of American politics is a perfect example of the rest of the world's belief that Americans think everything revolves around America.
I would love 1.99. We are at about 2.49 right now. Can't complain after what we saw this summer. I hope it keeps going down, at least for a few more weeks.
I favor alternative energy which is a result of new technology that will create new American jobs and allow us as a country to prosper without the need for gas. Our use of gas currently is not a "sin", but if we allow ourselves to become complacent in our dependency, I fear it will leave us in a very unfortunate situation in the future.
I just filled up my car for 30 dollars. I drive a 3.8 2005 Pontiac grand prix so those of you who has one of those, knows that a couple of months ago it the would cost closer to 60 dollars. Yesterday I drove by a gas station here in Memphis and the regular were down to 2.13 a gallon. I love it. Do you guys think it will go below $2.00?
It is $2.14 here in Keller TX but I don't see it going much lower if any. It is still in the $3.00 range in CA.
In down town Houston I found gas for $1.99 yesterday. But I agree with the sharper minds among us with good memories that the very day after the election it will start climbing and climbing and climbing. Despite what Economics 101 teaches about supply and demand, the price of oil and supply and demand have nothing in common.
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