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Old 08-17-2008, 05:45 PM   #244 (permalink)
OldManOnFire
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Isn't it funny, like in my area where gasoline is quite expensive, that all of a sudden many people are relieved that gasoline is finally affordable...at $4.25/gallon for 87 octane??

Now most things are back to normal, no more car-pooling, driving more often to play, etc. all because the price reduced by 50 cents??

How long before the prices rise again, this time to average $5/gallon, then a huge crisis, then it will back off 50 cents, then we will be happy again...and on and on and on until the economy is suddenly in a depression?? Another year...two more years?

As far as I know, there is no math or data that suggests during the next few years, that the price of gasoline and/or oil will not continue a saw-tooth growth curve. The big question is how much price increase can we tolerate before we hit the economic point of no return??
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