View blog reactions Waiting for Speedway Fowler: Gas Back Below $3.00/Gallon

Saturday, October 11, 2008


Gas Back Below $3.00/Gallon

Gas prices have been falling for the past month. The consensus seems to be that it is the poor economy that is causing it. But when prices were rising, the consensus was that high consumption by the military in Iraq, plus demand from China and India, were the driving factors behind the increases. Sure, speculation plays a factor, but it sure is interesting timing that this is happening just a couple of weeks before the Presidential election.

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