I love all the doomsday gasoline price predictions.
Once the economy rebounds and people stop stuffing money into oil futures (to offset losses in other investments) the price of futures will go down. As that drops, assuming supply and demand remain fluid (as they are now) prices will FALL not rise.
Last time I checked people are not waiting at the pump for gasoline because there is a shortage.
Once the economy rebounds and people stop stuffing money into oil futures (to offset losses in other investments) the price of futures will go down. As that drops, assuming supply and demand remain fluid (as they are now) prices will FALL not rise.
Last time I checked people are not waiting at the pump for gasoline because there is a shortage.
