If I had to have paid $4/gallon, I wouldn't have gotten the wash. Interesting how things work out.
One has to remember the natural gas saga.
At one point gas was selling for $14 + per million cubic feet. Producers thought they could print money until 2008.
Now natural gas is selling for around $3. Yet the industry thrives because it has become more of a manufacturing business model. It anticipates a price, locked in with derivatives; then drills just enough new holes, or enhances existing holes to meet commitments accurately anticipating costs. No longer is it speculating.
Oil has just made this transition. More difficult since foreign producing entities less predictable.
this is likely the beginning of the end of the current world’s economic system. The NWO and the one world currency will be presented to save the day and a NWO puke will be in the WH to make sure the American people don’t mess up their plan. Per daddy Bush saying that they (NWO) can not be stopped of course.
Oil went below $50.00 a barrel and gas went up $.50 a gallon here in Louisville (from $1.85 to $2.35).
Meanwhile, in Indiana, Speedway/Marathon, controlling 80% of the market here, pushed through a $0.56 gas price INCREASE this week.