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  #15  
Old September 10th 05, 12:31 PM
ls
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Jay Honeck wrote:
As expected, gas prices are dropping like a stone around here. As of this
afternoon they are down to $2.89 per gallon, after peaking at $3.28 a gallon
just after Katrina. (This for the cheapest grade, of course.)

That's "only" 60 cents per gallon more than pre-Katrina prices, so I guess
there is hope that these ridiculous prices will soon be a bad memory...?


Dropped between 5 to 10 cents around here lately (central TX) for no
apparent reason. Perhaps some of the refineries are finally getting back
on line, but I suspect a small drop in demand is helping with that......

Trust me, though, the oil companies are sweating bullets right now. And
they ain't out of the woods yet.....

They'll do their damndest to get it back down to pre-Katrina prices at
least. Depending on the damage already done, prices may tumble quite a
bit.....

LS
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