NCST8GUY
Frozen H20 Guy
Just a tease...it will be back over 3.50 by summer.
I'd probably take that bet.
I'd imagine our Prez is over in SA right now trying to make sure that doesn't happen. OPEC dang sure affects our gas prices, anyone who thinks not has not read anything I have for many years.
If one thinks about it like I do, it all makes sense. Stock market hitting all time highs. Major, well known Companies are posting record profits. The stats the MSM use on unemployment say it's dropping to it's lowest in years. Private employment is "rising". Wars are winding down. Economic growth according to the MSM has grown more than it has in years.
And yet the currest prez not long ago had an approval rating lower than his predecessor who had "the opposite" of the above.
Now the price of oil is down. WAY WAY down. Can't deny that. And FINALLY, it seems (according to the MSM), our current Prez's approval rating is "all of the sudden" rising from the cellar. I think this is all about "legacy", and approval ratings. Thats why I think it will stay below $3.00, maybe even lower until 2016 Novemberish.
I can't tell you how many people Told me back in 2008, 2009 how they "wish is was back to the good old days like GWB's last day in office when it was $1.87 per gallon". Of course they seemed to have forgotten the Meteoric rise it had in the months/years prior to that "sudden" drop on election day (you can see election day right there on the chart!)
What I'm trying to say is I believe it's heavily political. And that's why we've gone through 6 years of high gas prices, and will again regardless of who wins the next election. I mean, what is someone going to do? Go to South Dakota on a platform of RAISING oil prices to keep those people working?!
Add years of people pinching on gas and getting better mileage or buying better mpg vehicles and now fewer gallons sold hurts the NC tax collectors, so expect to see that tax rise.
Don't get me started lol.