Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 12-14-2011, 11:41 AM   #3207
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Quote:
Originally Posted by Donger View Post
Crude dropping hard today. Down $4.37 (4.36%) at $95.77 right now. Our crude demand is down 5.6% compared to last year, which is stunning. Gasoline is $3.27/gallon, which is low relative to the current price of crude.
What is stunning is that the US has a surplus of gas and we are now exporting it yet costs remain high.
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