91 comments on DrumBeat: November 23, 2008
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91 comments on DrumBeat: November 23, 2008
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RE: Gas prices continue to fall
Thank God I did the responsible thing and bought a Prius. Gonna save me a ton of money (not).
you at least have a vehicle that is somewhat gas optional.
the price drop may be good for people who can afford it, but the reason the price dropped is not a good thing. it dropped because people are liquidating their energy holdings to pay bank margin calls on other things, though this doesn't change the fact that we still have the same supply situation as we did at $150~ oil so as the demand starts to rise watch the prices not only skyrocket but also have shortages.