The oil industry has asked us (no, wait...) told us to bend over and relax for the last 15 years. Now, it appears, the tables have turned. OPEC met last week with a plan to decrease production. The meeting ended without an agreement. Experts are now talking about falling gas prices... to falling to less than one dollar per gallon.
One dollar for a gallon of gas?
Mickey - Thanks for the heads up!
Drudge Jed..LOL http://muchedumbre.com/the-buggery-of-the-drudge-report is calling him out for trying to take your props.
Early in the summer on SomaCow, we predicted that gas would be one dollar per gallon by March of 2009. Now Drudge Jed is trying to steal our thunder. http://somacow.com/?p=753 The gas prices are coming with a monkey paw of a failing economy.
You are probably right. The poor oil companies has squandered their billions in profits and hand their hands out. Now, that would be funny! thanks for your comments.
do i hear "bailout"?
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Thomas - thanks for the info.
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