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Old 02-17-2009, 07:52 PM   #1685
Donger Donger is offline
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Quote:
Originally Posted by The Buddha View Post
[JOKE}I'm not an economist by trade, but I did take a class at Community College, so I AM an expert [/JOKE]:-)

I don't see gas going down. I'm no economist, but the amount of oil that actually gets made into unleaded fuel isn't as much as you'd think. Fuel I hate to say, with the amount of cars on the road, will always have a certain base level of demand. When oil goes down, its not being based so much on cars driving less (though this is some) as much as other things.

One thing you'll notice is that Diesel has dropped more than unleaded, and are now almost the same price. This, IMO is kinda what I'm talking about. Construction has stopped, and a lot of big machines that use diesel aren't in as high demand as they were.

Oil has many factors that make it drop, Unleaded fuel demand is only one. Even though fuel is staying even, its one of the few aspects that is. Other factors are what's causing the decline.
You get about 27 gallons of gasoline and diesel from a 42-gallon barrel of crude.
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