It seems to be going down. Must be election year.
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Hoping it still continues to drop down a little bit more.
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Some are speculating that the Saudis are trying to lower the price where it is unprofitable for the tar sands and fracking so that those operations cease. Then they can raise the price again.
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Now, if they increase production and leave it there... |
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$3-$3.50 isn't that bad.
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Well, it happened today. Crude fell hard to close at $81.84, down $3.90 or 4.6%
Gasoline at $3.18, which is down $0.10 from a week ago. |
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If you were in an occupation that required you to travel significant miles you would feel differently. If you were in an occupation that required use of significant amounts of fuel you wouldn't say that. Gas over $3 is a ball buster. Personally, I wont be happy until I see it near $2. I still remember how pissed I was the day it went over $2, but that's a workable number. |
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