Sunday, December 7, 2008

Gas Prices


CAMARILLO, Calif. – The average price of U.S. gasoline fell 22 cents a gallon
during the past two weeks, bringing it to its lowest level in nearly five years,
according to a national survey released Sunday.
The average price of regular
gasoline Friday was $1.75 a gallon, oil industry analyst Trilby Lundberg said.
The price of mid-grade was $1.90 a gallon and the price of premium was $2.02 a
gallon.(link)

Supply and demand at work. When the global 'cool-down' hits China hard; look for gas to continue a drop-off.


I wouldn't be surprised to see (briefly) gas hit a dollar a gallon again.

3 comments:

James Higham said...

Almost too late but have a lovely Christmas. Say hello to Lil Bit for me.

JPT said...

We're at about £5 a gallon in Britain!

Lord Nazh said...

that's about normal though isn't it? we were almost $5 a gallon and now around $1.45 around here

Warzone

 Recently played a few games on Caldera (warzone) and then... Lots of luck in this one, but satisfying