It didn’t reach $35 until today.
And demand for products is down. The amounts in storage is high.
With predictions of an economy to continue to decline they probably expect demand to continue to decline.
So we can expect gas prices to fall?
Nymex RBOB Gasoline Future, 02-09-12, 129.78 / +2.80 / % change +2.21 / Time=11:09 am