Gas price prediction
T. Boone Pickens, the Delphic Oracle of the petroleum industry sniffed the vapors and said we will "have $4 a gallon gas this summer". Doesn't surprise me and like Alan Greenspan, the fact that Pickens said it may make it come to pass. I think it will be interesting to see what it will do to the local community here. I live in central Oklahoma in what may be the most car centric place on the planet. On my way to work this morning while waiting at a light onone of the major thouroughfares I counted twenty cars go through, only two of which had more than one occupant.
Anyway, if we want the price of gas to go down we should use less of it. Lower demand equals lower price. I am avoiding the gas station as much as possible.