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Originally Posted by highway80west  It may drop, but it will be a slow process at the pumps. Maybe by the time I filler up next time, which may be in two weeks, gas may drop below $4.00 here in San Diego.
But we shouldn't stop there. If we keep on driving less, then let's hope it keeps on dropping. It is a team effort on the part of all of us who want to see the price of gas to keep on falling. GasBuddy.com - Find Low Gas Prices in the USA and Canada | The decreased driving is one aspect of the dropping price of crude. Another major point is we are not acting beligerently with regards towards Iran. No songs of "Bomb, bomb, bomb, bomb, bomb Iran ;" no talk of wiping them off the map from us or Iran (toward Israel). This leads to the lessening of tensions. As long as it continues, the drop will continue.
People, there is no oil shortage in the Middle East. The rising prices come from fear of the interruption of that supply that comes along with that tension!
Now, just add a larger down payment for oil speculators on oil futures and options. We might just get these prices back down to a more bearable level for people! |