Just FYI, Crude Oil is down to 126.22 right now. I think it got pretty close to 150 as soon as 2 weeks ago.
I am surprised the storm in the gulf isnt driving it up.
Thats good news. However, I still think there will be an excuse to keep the pumps at $4.
ebbie Downer music here:
If it gets down below $60 a barrel, there may be some hope for the economy.
I can still remember when people were asking, can oil really hit $100 per barrel? What effects will it have if it does?
Now we are hoping it drops back down to $100.
Hopefully we have not become seasoned to such high prices that we revert to our old habits when gas goes back down to $3 thinking it is a bargain. I wonder how long and how much prices have to drop before we see prices at the pump fall. I am thinking some owners may keep prices high to make some profit after struggling the last year with constantly increasing costs.
You didn't hear the news??? A dung beatle was attacked by a bee in Zimbabwe and that is expected to drive it back up again.
I may seem like a dopey airline pilot, but I have a heavy interest in foreign policy and politics. I just don't argue about it in the lav!