People are driving less. I know this, that if my wife and I talk about driving less or making less trips, then that probably means that every family in the US is having the same conversation, and at least 75% of them will make slight changes to their driving habit.
Slight changes add up to a noticible decrease in demand.
Price target according to my crystal ball is 2.50 a gallon by October.
My wife decided to grocery shop twice a month instead of every week. I'm sure lots of women are making that choice. If gas goes back to about $2.75/gallon, she'll resume her old routine.
and $1.99 by January 1st, 2006
I am hearing rumor that propane is going up a dollar in next few days....anyone else smell or step in that rumor ?
My respects to Hank Hill aside....