Friday, October 06, 2006

Gasoline Prices Could Fall More

Did you see this article in the Wall Street Journal [subscription required] October 5, 2006
Gasoline Prices Could Fall More by STEVE LEVINE and CHRISTOPHER CONKEY
Natural Gas, Related Markets, Also Drop as Speculators Flee; Turnaround May Buoy

■ Gasoline prices have dropped more than 20% in the past two months, providing relief to consumers and potentially propping up an economy that is showing signs of slowing. Industry experts say further price declines are likely.
■ Industry analysts say pump prices could dip as much as 25 cents in the next week or two as lower wholesale gasoline and oil prices work their way through the system.


Post a Comment

<< Home