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In reply to the discussion: Gas Prices Could Hit $2.50 a Gallon by November, Analyst Predicts [View all]may3rd
(593 posts)21. It's the summer of the "stay-cation". Few can afford to hit the road anyway
It's an economic indicator of not so great times.
Fewer gallons burned means a glut of gasoline. AT least the inflation of food prices will remain in check.
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Gas Prices Could Hit $2.50 a Gallon by November, Analyst Predicts [View all]
WeekendWarrior
Jun 2012
OP
Remember how the repukes were harping daily about Obama doing nothing to bring down gas prices?
truthisfreedom
Jun 2012
#4
Averaging in the high $3 range with some stations still over $4 in the Bay Area.
bluesbassman
Jun 2012
#15
I predict a price spike around late Sept or early Oct just before the elections.
cstanleytech
Jun 2012
#27
They'll complain that the price is above expectation, and point to this article.
Festivito
Jun 2012
#34
Demand is down due to the ongoing recession, and stored supplies are rising.
GliderGuider
Jun 2012
#39