Monday, November 10, 2008

Gas at $1.97 a gallon!

Hmm... Time to gas up! I read it is like $1.84 in Missouri... Did the economy fall that fast to curtail usage THAT MUCH??? I think NOT! Yeah, I belive usage tapered off a tad bit, but I'm very skeptical.

More than likely, the oil markets are reacting like the stock market. Still, I'm glad this happened and also glad that I didn't trade any oil futures.

I don't expect this to hold through the summer. Wish there was a way to store it, but I don't trust old gas... What I'd like to see is gas below $3 next July. That would be a reasonable seasonal fluctuation.

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