Diesel has dropped, too. National retail is $4.60, a decline of $0.11

$3.838 national retail average. Crude looking to go below $117.

Olympic Rally.

Vote democrat for even higher fuel prices. Garaunteed.

Haha, you are a moron, and a complete tool.

It doesn't matter what party is in office; they're all crooks regardless and the oil companies/auto industry are stuffing their pockets. Nothing will change.

The only difference between the two is "how" thru fuck you....not 'if".

$3.69 this morning

Dang, crude down 3.07% at $116.33

At what point to we see sub $3 gas, $100?

Donger, what do you think are the causes of the falling prices? If the high prices were caused by supply and demand, is the demand now that much lower? Supplies that much higher?

Closer to $90.

Lots of things, IMO.

The dollar is gaining strength.
Demand is decreasing here.
Etc.

Just a hunch, but I think that folks are starting to realize that crude was way overvalued at $140+ and that the bubble may have begun to burst.

I agree with this. People just quit driving as much, and when they had to, they used the most efficient vehicle that they have in their garage, planned their trips etc.

That, the fear of our economy lessening demand further scared the speculators. Very real grounding of Jets, quantifiable numbers that showed the driving was less, and the market turned bearish.

That, and the fact that oil has become a serious issue on the Hill, has spooked the market for oil temporarily.

It's funny - I drive between KC and Des Moines every day. The price of unleaded is almost .25 cheaper in Des Moines, while the prices of diesel is about .25 cheaper in KC. Anyone got an explanation of that?

Taxes, I would assume.