Saturday, May 7, 2011
...Gas
Gas is expected to drop by 50 cents this Summer, so says the experts. I do not know what they are basing this on, but I like it. I do not love it though. I have not known gas to down in the Summer time. If there were ever a chance of gas reaching $5 a gallon this Summer would be the time to do it. Oil did fall over $12 Thursday and Friday. I m not sure what it will do Monday though. If another Middle Eastern country decides to have an uprising or if China or India demands more oil and the dollar gets weaker, though it did get a tad stronger Friday, then we can see gas prices go up. A year ago gas was under $3, now we are okay with that. In America many are driving less so of course our demand is down, though it is only temporary. I still do not understand why we are not drilling on our own land and waters, that would help us a lot! Anyway I am pleased to know that gas could be 50 cents lowers, maybe more, but most likely less. I am giving this news a Digit Up.
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