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To: SmithL
Actually, given that demand already has started to drop once gasoline punched through the US$3/US gallon barrier, I don't think they can sustain the price for long, especially since there are no price controls in place like what happened in the 1970's. The high price and lower demand will cause a price crash by late June/early July 2006.
30 posted on 04/24/2006 8:28:55 AM PDT by RayChuang88
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To: RayChuang88

Yeah, I'll bet the price "crashes" all the way to $2.60 a gallon before they start their "here come the hurricanes" propaganda and drive it right back up.


51 posted on 04/24/2006 8:59:21 AM PDT by mysterio
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