Friday, December 5, 2008

Who'da thunk it?

According to Gulf Oil CEO, gasoline prices could bottom out at $1 per gallon, with crude oil prices dropping down to about $20. That comes on the heels of news that crude oil had dropped to near the $40 mark. Of course, one might not want to get too excited - there are forecasters who expect oil to be back at the $100-$150 mark before 2009 ends. As for our own driving habits - those are pretty unlikely to change; we've cut our miles traveled in half, and are quite accustomed to consolidating trips to Guymon.

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