The picture to the right was taken while wandering around Billings on Veteran's Day, November 11, 2008.Perhaps you will recall that a month or two ago the prices were up around $4/gallon. They say this has something to do with supply and demand.
And then on November 16 it was below $2/gallon. See the picture to the left. Where will it stop? Isn't economics fun?
4 comments:
I noticed the price has fallen to $1.95 on the drive to work this morning.
We can always hope is continues to fall another $1.50.
I can wish, right? :-)
Thanks for the comment Randy. I'm afraid the decline much further than this will have something to do with a world-wide recession/depression. According to my memories of what my grandparents told me in the 40s—of course even in those days we didn't listen to our parents—it wasn't all that pleasant.
I saw $1.88 at CostCo today.
I saw the sign on the Kum & Go on 27th, i.e.the one pictured above at$1.82. I would have gone out and bought an RV, if my 401K weren't a 201K.
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