Re: Price Of Gas
Well, it's not the end of the year yet Franc. There are several factors that are lowering the cost of oil/gas. As you mentioned, off shore drilling was a big contributor. Also, demand is down. Summer driving season is over and in general, the country is experiancing moderate climate so were using less energy to heat/cool our homes/buildings.
Now OPEC is cutting production. And, I don't trust the dems to continue to allow offshore drilling. By December 31st energy demand will be back up some for winter heating. So, I suspect your $1.99 prediction could be right on.