Gas could fall to $2 a Gallon in 30 days

[bcp (Premo)]

Originally Posted by Mousebaby

It will be easier on you cause you'll be going downhill now!

Tomorrow is going to be rough.
Im heading out through Yellowstone East exit, through Cody Wyoming, then on to Sheridan. From what I am told by others that have done it, dont expect to do much more than 35 mph on most of the uphills, I understand there is more than one 9% grade that goes on for miles and miles.


after that, its all down hill.

[Beelzebaby666]

I just did a cartwheel and I think I broke something

I'm suing the oil company, the poster of this thread and the site from which the link was copied.

Or I could demand that gas prices drop.

[bcp (Premo)]

funny how the rumor that congress might do something bad causes gas to go up that very same moment, yet, when the rumor says that congress might do something good and stop the BS thats going on, the prices stay high while the speculators wait it out....

[Gemmi]

Originally Posted by clevalley

WASHINGTON (MarketWatch) -- The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday.

Full Story -

Gas could fall to $2 if Congress acts, analysts say - MarketWatch

Huh, Imagine that!

[jazz lady (Premo)]

Originally Posted by clevalley

Huh, Imagine that!

I've got a bridge in Brooklyn I can sell you.

[backagain39]

Originally Posted by RadioPatrol

but, but, but, ....

it is the fault of evil OIL Companies ... price fixing ... that will ruin the enviros idea that $5 gal gas will force people to give up SUV's and drive less .... and buy a Prius
SUV's might become popular again :elane:

It's all Al Gore's fault................

[CableChick (Premo)]

$2? Israel takes out the nukes in Iran then we'll see $10/gallon!

I am just happy that the media and the Congress are finally waking up to all the phony phantom sypply and demands issues that these speculators have been ripping us off with for years. I would like to see Congress implement 80% tax rates on these guys, which would be a better way to get the money out of the business.

I don't see the lowering of gas prices that soon though. Even if all the speculators bailed out of the market today, the price of gasoline is based on the price of oil, and it would be months before oil bought on the future's markets would make it's way through the refiners and out to the pumps.

[Larry Gude (Premo)]

Originally Posted by Bruzilla

...and it would be months before oil bought on the future's markets would make it's way through the refiners and out to the pumps.

...of arguments based on time; "Why, it would be a decade before we'd even get a drop of oil out of ANWR! So, why bother?"

Bill Clinton 1996



One of the responsibilities of the government is to promote the general welfare. I read that to be constitutional actions, laws, that are aimed at a sense of fair opportunity and consistency and stability for the American people to build their lives around.

It's one thing for people to get rich and then have bursting bubbles in the stock market, true speculation that so and so's widget is going to be really big or no. It is another to have speculation going on, that same sort of high stakes, last one gets caught holding the bag type of action in the fundamental building blocks of our lives; housing, food and energy.

I already gave you and 2a credit, some time ago, for being right about the speculation in energy and that it was improper. It's time to make it unattractive. Increasing the margins and capital gain taxes for those that are not hedging on their own needs sounds good to me. The sooner, the better.

[Gtmustang88]

Wont' happen anytime soon.