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Yep "they" have been sticking it to us for many years on that! Or if a storm is brewing somewhere in the Atlantic we get the same treatment. Like Mel Brooks said..."its good to be the king"!We all know that the price of gas is expensive. What use to cost me $10 to fill up my gas tank every 5 days now cost me $30. While I'm glad that the price of gas is down now in November when we have 3" of ice/snow on the ground. I know that when people go on vacation next summer when the kids are out for summer break the price of gasoline will climb right back up to over $3.00/gal like it did last summer.
that dern george bush.
gas below $2 and it's all his fault.
I'm NOT AT ALL happy with 2 dollar gas........That means Oil is below 50 a barrel and means world wide demand has either tapered off, or supplies are CRAZY.
I don't believe supplies are CRAZY, which means world wide demand is tapering, which means the global economy is slowing, which means.......WELL.......
I hope things start to get better, as our 3% gdp will start to tank. While I don't think where anywhere near the problems of 2007-8, and we don't have the bull shittery of default swaps and bundling.....I"m REALLY concerned about the slowdown.
Markets have already lost 25%. That is Half of what they lost in 2007-8........
Later,
Geo
