[KneelBeforeZod]

Limbaugh says we aren't paying a lot for gas. So it must be true.

[jwh_Denver]

"Limbaugh says we aren't paying a lot for gas. So it must be true."

Inflation adjusted we are paying less per gallon of gas than we were in 1970.

[Mr. Silverback]

We are not paying much compared to the Carter oil crisis, and to reach the equivalent, crude would have to be at $90 per barrel.

We are not paying diddly compared to Europe, as this article points out.

The oil companies are making 9 cents a gallon in profit on gas.

Sure sounds to me like Limbaugh is right. We are at or near the top of the high demand/low supply wave, and we will soon start down toward the high demand/high supply trough. The wavelength on these cycles is about 25 years.