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You , Your Dollers ,and Gasoline
Posted: Sun Sep 10, 2006 7:31 pm
by Ron Gonzalez
Has anyone noticed the price of gasoline dropping ? everyone who hated in July ,when gas was 3.03 a gallon , they still hated us today. What could it be that is haveing this effect on gasoline ? Hmm ,could it be that big oil want's to keep a grip on the Repuublican led congress . Think about it .
Posted: Wed Sep 13, 2006 7:22 pm
by Eli
Hi Ron,
If you go to
http://futures.tradingcharts.com/chart/CO/M you'll see a chart of oil prices for the last ten years. You can clearly see that oil trades in a range (everything does), oil is very much on an upward trend, as of right now from a trading perspective there is nothing that would indicate that oil prices are about to delcline. The price of oil should stabilize around were it is for the next two months then go rignt back up. You may see it come down to the mid 60's but not much more. Unless of course somebody comes out with the car that runs on water I've been hearing about for the last 20 years.
