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Old 05-05-2008, 06:33 PM   #1
Bubbles
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Join Date: Jul 2002
Location: Pasadena, CA
Posts: 2,797
Good news about gas?

http://usnews.rankingsandreviews.com...sed-the-Peak-/

From the article:

The price drop has a few analysts saying that the price of gas may have peaked. Fred Rozell, retail pricing director for the Oil Price Information Service, told the AP, "It could go up just a little bit more…but I think it's running out of steam." Rozell predicted that the nationwide average could reach $3.70/gallon "at the most." What's behind the sudden decline in prices? According to the AP, "Soaring gas prices are cutting demand for gasoline, and analysts have long theorized that falling demand will eventually force prices lower."
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