Michele, I would never go to that station in Easton, because I believe they are way over priced in their gas. You can go down the road and it is much cheaper at the Exxon or Rudy's.
Yesterday I saw at WaWa is was $2.21. I was also told last night that a station in Washington, NJ was selling gas for $1.99 and down the road it was $2.00's and something. So, why oh why is it coming down? That is the question we all want the answer to.
Nancy at work actually said that she thought the elections were why the oil price was coming down and was convinced she had to get oil asap for her house!
I just keep waiting for it to go back up...seems like its too good to be true!
why did the price of crude oil come down tho? (i'm testing your Geigerness HEHE)
With a contracting economy, there's less consumption and demand, as a result there's a glut on the global market. When demand goes down the price goes down. For example, to explain the global part of it, China is even using less, because we are buying less product from them at the moment.
Problem is that now as the prices go down, the use will go up, which will lead to higher prices.
We all say blame lower gas prices on Bush...he gets blamed for everything else!! (He got blamed for the higher gas prices!)
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Michele, I would never go to that station in Easton, because I believe they are way over priced in their gas. You can go down the road and it is much cheaper at the Exxon or Rudy's.
Yesterday I saw at WaWa is was $2.21. I was also told last night that a station in Washington, NJ was selling gas for $1.99 and down the road it was $2.00's and something. So, why oh why is it coming down? That is the question we all want the answer to.
Because the price of crude came down...
Feeling like a Geiger for answering this!
Gee, I thought it was because of Obama :)
Nancy at work actually said that she thought the elections were why the oil price was coming down and was convinced she had to get oil asap for her house!
I just keep waiting for it to go back up...seems like its too good to be true!
why did the price of crude oil come down tho? (i'm testing your Geigerness HEHE)
With a contracting economy, there's less consumption and demand, as a result there's a glut on the global market. When demand goes down the price goes down. For example, to explain the global part of it, China is even using less, because we are buying less product from them at the moment.
Problem is that now as the prices go down, the use will go up, which will lead to higher prices.
We all say blame lower gas prices on Bush...he gets blamed for everything else!! (He got blamed for the higher gas prices!)
(Answer compliments of the men in house!)
Pretty much exactly what Chris said too... The men in your house must be related to the men in mine... Yep well and truly Geigerish!!
so high gas prices mean a good economy then?
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