BassinJohn
(Outdoorsman)
08/15/08 11:22 PM
Re: 08/09 season and the economy

Just filled up for $3.45/gal on 380 in McKinney. Its coming down. As the world markets normalize and catch up to the US market correction, the US Dollar will continue to increase and we will see fuel prices hedge down very slowly.

According to some analysist, we still have about 40% that the price of fuel could fall. This specific body is using the EIA data to show that the 70s crisis is & was much worse than this one and it will come down.

http://www.eia.doe.gov/oil_gas/petroleum/data_publications/wrgp/mogas_home_page.html

Cant say that I believe them, but I do believe as the dollar value increases we will see it creep down.



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