Wednesday, May 03, 2006

Down Go The Prices?

Yep, as I reported in my last post (below), we returned from a trip in our new RV (yes, I have a 33 ft RV) and the gas was less when we returned here in Tampa.

Today I refilled our "Toad" (the name for towed vehicles behind RVs), and the gas price was down by 7 cents from a weeks ago. I also noted today the oil prices dropped more than $1.50 per barrel......

Maybe, just maybe, we have already seen the peak?

Possible as I believe firmly that hype built a large part of the sudden gas price surge.

What could prove me wrong? Sudden activity by oil producing countries.......

Duke