Crude dropped 2.5% today.

So what does that put for cost per barrel then?

$128.85

From a High of $135 on Thursday... 'tis nice to see it coming down.

Lets hope that trend continues, and this is the actual bursting of the famous bubble...

...do you suppose it went down because of an anticipated drop in Chinese consumption after the earthquake?

Price of crude dropped 2.5% and the cost of a gallon of 87 octane went up $0.10 overnight. :(

I read last week that their consumption of desiel has gone through the roof due to the earthquakes. It seems that it disrupted the supply of coal and they are using desiel to power their power plants.

Car concept of the future

http://world.honda.com/FuelCell/

$3.94

So, when it hits $4.00 a gallon, are we going to:

a) have a party?
b) have a cow?
c) have a revolution?
d) have a stiff drink?
e) all of the above?

I have no idea what "we" will do. If it happens, I plan on doing nothing out of the ordinary.

How about you retire this thread for a "$5.00 gas, coming to a pump near you" thread.

I agree. This thread is soooooo 2007.

$3.95. Crude dropped $4.41 to $126.62 today.

I bet not.