Yay, gas prices dropping.

[johndjmix1]

I, and im sure im not the only one, predicted that that gas prices would dive when they were at $4 plus......

Any one else do well short selling or with stock options on oil/gas stocks?

Dam, i love it when im right =).

And for my future prediction.....

All the speculation that drove the market up is not going to have as big of an effect anymore. Not knowing exactly how it all happened, but it seems to me that the 'speculators' have said to themselves 'cut the crap, were not going for that BS about hurricanes and foreign policy changes any more'.....that crap isnt going to make us buy and make oil $150/barrel. We learned our lesson.

From this point on I think it will take VERY major events to jack gas back up....

Just my prediction. Everyone said i was wrong back when i predicted it to crash this winter. And look at it now.

btw I have a $1,000 to $100 bet with a friend that im going to win if it goes below $2 in NY. Dam I need that $1,000.

--John

[Mark805]

My site: www.JohnHasMoreFun.com

I hate you.. you do have more fun...

[jmsspratlin]

"Saudi Arabia doesn't care about you or me or anybody else," he said. "They've got a taste of the expensive barrel of oil."

Seem in times of need, we step in and help others, but when the time comes to return the favor, others tend to "forget"

[HummerJim]

This is CRAZY! Gasoline was 2.29 a gallon here last night and this afternoon it is $2.65 - is this a knee jerk reaction to the OPEC projections of cutting back???

[brad_p]

2.99 down here in louisiana, im real confused im right on the coast south of new orleans in a oil field town and its high.

[HummerJim]

$1.99 a gallon in central MO this afternoon for regular. I thought this day would never come.

[jroman201]

2.35 here in Jax yesterday...didnt step foot outside today so i don't know if it went down further...