Largest Gas Price Decline in History
In the past 2 (two) weeks gas prices have had the biggest decline in 50 years. This drop is the biggest in the Lundberg Survey's history.
The Oct. 21 level is just 3 cents above what it was on August 26, two days before Katrina rampaged along the Gulf Coast, damaging many of the refineries there, Lundberg said.
With Hurricane Wilma far from the refinery-rich region, Lundberg predicted "a lot more price cutting" at the pump.
With the thousands of "news" stories written during the increase in prices, lets see how many of the MSM will cover (for days on end) the drop in prices.
P.S. This story was buried deep @ money.com
posted by Red Chicago @ 1:37 PM
5 Comments:
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