Gas Price is Dropping  

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With the recent dropping of crude oil prices to below $120 a barrel, there are sighs of relief on both sides of the aisle.

I notice the other day it was 3.71/Gal in Shell. When we went out today, going to metro we notice that Shell is 3.59/Gal already. Wow thats good.. We hope that the decrease of gas price will continue :) Since this would mean that lesser food cost and travel cost.

Is these changes temporary or permanent? Once gas prices start to decrease, are we going to witness a return to the behaviour that brought about these high prices in the first place? We hope that the answer of this is YES. :D

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This entry was posted on Sunday, August 10, 2008 and is filed under . You can leave a response and follow any responses to this entry through the Subscribe to: Post Comments (Atom) .


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