Are we getting $3 gas this weekend?

Indy Star says $3 by the weekend, $4 by summer.

http://www.indystar.com/article/20100107/LOCAL18/1070450/Gas-expected-to-hit-3-within-days
I say it isn’t happening.  The markets have been pretty flat this week after the push that brought us $2.799.  We are actually down one cent from Monday’s close.  It would take a big push up on the Chicago market to justify $3.  It’s just not happening.

As for the $4 gas by the summer, I don’t doubt it.  but I also hope cooler heads prevail, for the economy’s sake.

 

Updated: January 7, 2010 — 7:03 pm

2 Comments

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  1. As a concerned citizen, whoever regulates the cost of gasoline, needs to re-think it cost. Should the gas cost continue to go up, it will hurt the entire economy. When a parent has to choose to use $5.00 to put gas in the car to go to work or pay $5.00 to buy food, which wins.

    Our society cannot take it again and SOMEONE HAS TO DO SOMETHING TO PREVENT IT. WHO DO I NEED TO SEND E-MAILS TO? I WILL WORK ON A WRITING CAMPAIGN OR WHATEVER NECESSARY

  2. I paid $3.05 for diesel several times last week in Los Angeles.

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