Jay Honeck wrote:

In the last couple of weeks, gas around here (Iowa) has dropped 10%,
back down into the $2.70 per gallon range. (This is mogas, obviously
-- the only stuff I'll burn in my plane, if I have a choice.)

I actually paid $2.67 per gallon last night.

With all the problems related to the Alaska pipeline, this is exactly
the OPPOSITE action everyone predicted. I'm not complaining, mind
you, but I *am* confused -- why is the price of gas dropping so fast
right now?.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"



I do not believe anyone knows. I think oil futures are pure speculation
and so is gas prices. I heard on the news this morning that oil is up a
dollar and some, because a new tropical storm is forming and it just
MIGHT go into the Gulf. Kind of like the stock market, all on emotion.

--

Regards, Ross
C-172F 180HP
KSWI