82 Cent a Gallon Gas?
Bloomberg News reports that Merrill Lynch has forecast that the price of a barrel of oil, currently just under $44 could fall soon to $25 as a result of the global recession.
Already gas futures are trading under $1 a gallon. The gas calculator web site computes that $25 a barrel oil equates to about 82 cents a gallon for gas.
Bring it on!
Already gas futures are trading under $1 a gallon. The gas calculator web site computes that $25 a barrel oil equates to about 82 cents a gallon for gas.
Bring it on!
Labels: oil
Posted by Michael Higby @ 12/05/2008 12:01:00 AM
1 Comments:
The gas calculator web site may confirm the savings to new Prius owners
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