Quote:
Originally Posted by Debonair
And you do think it will average out? i mean right before Christmas i filled up for 2.97. I got gas yesterday from the same station and it is now 3.53.
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The airlines do "economical tanking", using pretty sophisticated math to determine when it makes sense to buy cheaper fuel and carry it around, vs running with less weight but buying the fuel later at a higher price.
Adding market trending makes the calculation really difficult -- it becomes about the same as buying stocks. You buy Ford when you think it is low, and two days later the price drops! arrrrgh.
I'd be willing to bet that gas will drop to $3.00 sometime in the nearish future, and then resume its climb. Who knows when that point will be?