Quote:
Originally Posted by Frank Lee
[url=http://kstp.com/article/stories/S3647593.shtml?cat=1]I have my doubts. Everyone in the supply chain has gotten used to getting higher prices and despite the whining most consumers have gotten used to paying them.
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Gas prices have dropped significantly, even here in Europe.
So the "incentive" to economise and seek alternatives has gone - again.
With the economic downturn, new fuel sources, and the US importing ever less, crude has dropped in price.
Suppliers ain't increasing prices as they'd force themselves out of the market.
There's crude aplenty - for now.
If the next US president doesn't start a new war with some major oil-producing country - pick your choice - gas will stay low until the economy really pics up again.