[ex-Texan]

Hate to say this but . . . Gas price are moving higher still. Wait and see. OPEC will eventually demand Euros over dollars.

Gasoline Pump Prices Moved Higher in San Francisco

With Gas Hitting Record Highs, Drivers Feeling Squeezed

[marsh2]

Regular unleaded was $4.28 in Happy Camp CA last week

[AxelPaulsenJr]

OPEC will eventually demand Euros over dollars.

Wonder if the EUROpeans will be the ones defending OPEC from the next mad tyrant to come on the scene?

[the invisib1e hand]

Economics 101: The Price of Gas (Gasoline .30 1950 adjusted for taxes and Inflation 3.23)

OPEC isn't half as much a cause of the worlds energy problems as Russia is.

Propaganda has a long shelf life.

[M. Espinola]

I agree that there is a strong possibility the majority of OPEC's Islamic members will demand Euros over U.S. Dollars, the lower the U$D sinks in the currency markets.

If the current, ultra-bullish energy market trending continues, gas will be an easy $5 clams a gallon by midsummer. If Iran triggers a regional expansion of the war and oil fields begin going up in flames, $5 may seem real cheap in retrospect.

Gas prices over $4.00 per gallon are displayed at a Shell station March 13th, 2008 in San Mateo, California. Most likely this gas station is already at $5 for high-test!