Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 08-08-2008, 10:53 AM   #867
Donger Donger is offline
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Quote:
Originally Posted by RJ View Post
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?
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.
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