Gas Price Prediction
Just so you don’t think I’m all doom and gloom … here’s a fairly positive prediction: there oil market bubble will burst. Much like the tech and housing bubbles, there will come a time — like a thief in the night? – where oil, and gas, will drop to reasonable prices.
Like any good prophet (profit?), I can’t say when this will happen, or how. Maybe one of the big pension funds will read a negative report on oil and sell! sell! sell! Maybe Oil companies will start drilling off the coast of Florida. Who knows?
Someday the price of gas will drop below $3.00.
Now, excuse me while I return to my life.
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Gas prices back at $2.99 or less?
Maybe if we discovered and implemented a sure-fire alternative to take the demand away. By then, you and I won’t even be using old gas anyway.
Thats the Gospel Truth…old