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lpara
02-20-2006, 10:48 PM
Fueling speculation (http://www.worldmag.com/articles/11570)
Strong supplies and weakened demand caused gasoline futures to tumble more than 30 cents a gallon recently | Timothy Lamer


Good economic news rarely makes headlines, but U.S. consumers may notice something nice over the next several weeks.

Analysts say prices at the gasoline pump are likely to fall, and even dip below the psychologically important level of $2 per gallon in some parts of the country.

Old Man
02-21-2006, 12:27 AM
Maybe, maybe not.

This weekend, unrest in Nirgeria popped oil back up to over $61 a barrel. As I write this, Asia is bidding 61.04. We will see what the news and bidding brings tomorrow.

Gasoline is up a penny or so. The demand for gasoline is low right now and that is helping.

Some say Nigeria and Venezuela are driving higher prices currently more than Iran's situation.