[InChiefsHeaven]

Originally Posted by Donger

Gasoline is "cheap" right now because crude is relatively low. ($94.35/barrel).

Crude has been dropping for a number of reasons:

1) Very strong supply, especially because of our increased domestic production

2) Things are cooling down in the Middle East (Syria, Iran and Egypt).

3) Weak demand. We are still using ~4% less gasoline than we were a few years ago.

Interesting. We produce more oil...and prices go down. Imagine that...