The feeling is that we may have seen the best gas prices for a while, as the price of crude is beginning to rise again. "With the near-month crude oil futures price rising from a level close to $50 per barrel recently to nearly $57 per barrel (on Tuesday), retail gasoline prices have seemingly bottomed," the federal Energy Information Administration said in its weekly review of the oil market.
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ateixeira says:
08:48 AM, 02/ 1/07
I saw gas near Baltimore for under $2 per gallon for the first time in a year or so, so I'd believe that.
estreka says:
01:28 PM, 02/ 1/07
Regular bottomed out at $1.95 here (Montana). I filled up both vehicles. I'm glad I did.
ricketts22 says:
03:31 PM, 02/ 2/07
didnt i hear that Exxon Mobile posted a new record for ANY company... something like 377 billion last year... 3 dollar gas couldn't have hurt