It will be soon enoughenough. Gas will be over $3/gal by Memorial Day if not sooner.
It was just nice to be able to afford some new shirts for work and a few dinners out while gas/diesel was down to realistic levels.
When it’s back at the $4 level we’ll all know it isn’t Market levels, just an artificially inflated price.
So how do you relate your comments to a global oil demand that continues to trend larger and larger?
“global consumption grew by 0.9 million bbl/d in 2014”
“global consumption will grow by 1.0 million bbl/d in 2015 and by 1.1 million bbl/d in 2016”
http://www.eia.gov/forecasts/steo/report/global_oil.cfm