2 comments Tuesday, 12-23-08 | Posted By Patrick | Predictions
Tread carefully today folks! We may see an increase this morning to $1.69 or so. If it doesn’t happen by 11am, we’re off the hook for today, but with recent conditions around the Midwest, it may be possible that we see a hike here in West Michigan this morning.
Fill up if you can find gas under $1.55!
Patrick
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Umm, oil at $38.21 and gas on the market at .83 cents. Sounds like perhaps a Scrooge factor to the price rise that may or not be coming in West Michigan…i.e. its Christmas, everybody will travel and we can make some cash here guys.
Long term trends in my book could well continue down and as I continue to say that is NOT a good thing. The economies of many countries depend on oil income and while we all LOVE to bash the oil countries every chance we get it makes them inherently unstable and could portend dark things soon enough.
Time to bottom out oil prices along with everything else or we head into a defaltionary spiral that won’t stop. Its called DEPRESSION folks.
Doc in Rockford
I hear ya Dan.
One half of me is thoroughly enjoying the lower gas prices but the other half is very concerned with the oil producing countries and the economy.
Peace to you all in Jesus. Merry Christmas!