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Originally Posted by igo
Ok, just in case anyone forgot gas was $1.30/gallon and oil was $25 a barrel 6 years ago. It seems hard for me to believe how cheap gas used to be.
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Take a look around and put what you see to memory. I suspect you'll be saying the same thing 6 years from now...~$3.474/gallon is cheap. Like Matthew Simmons likes to say: hey, it's only xx cents a cup!
We should make predictions on how high a barrel will go this year. I believe prices will peak at $160/barrel around Labor Day. Any other predictions?
- LostCause