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So today, gas at the Hess station in town is $2.879 for Regular

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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 01:15 AM
Original message
So today, gas at the Hess station in town is $2.879 for Regular
Gas has dropped SIXTY CENTS in NJ in ONE MONTH. How do you convince the public this is temporary, and not the result of manipulation of inventories, hedge funds and speculators bailing, reduced demand, and the economy in general, driving the prices down. Or just a ploy on the part of the BFEE to give McCranky a boost? SO far, his Drill here Drill Now meme is for shit.



http://www.newjerseygasprices.com/
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JohnnyRingo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 01:53 AM
Response to Original message
1. I'd wait until it hit $2.8499
We haven't seen the bottom yet.
Stoiastic curve with a spinning top indicates a 7% retracement after a selloff adjustment.

But hey... waste your money if you want.
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 08:42 AM
Response to Reply #1
2. So you want me to wait to fill up? What if I run out of gas?
:shrug:
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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 09:49 AM
Response to Original message
3. Just Got Gas At That Very Hess Station Last Night!
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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 01:03 PM
Response to Reply #3
6. OK!!!
Then you should stop by and visit me, you know where I be, underneath that big GM sign!!!! And in the building with the flag on the front door.



:hi:
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yodoobo Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 10:22 AM
Response to Original message
4. $2.879 is not cheap gas
it was only a few years ago that we were screaming about $2 gas.

temporary high gas prices? when did they drop back to reasonable levels?

Gas is still over double what it was when Bush took office.



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DainBramaged Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-15-08 01:01 PM
Response to Reply #4
5. (sigh0 NO ONE is saying it is cheap, it is simply ALMOST where it was a year ago
and needs to be at $2 to boost the economic recovery.
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