Quote:
Originally Posted by widgeon13
Let's see if it has any impact on gas prices?? Refinery capacity will be the issue now.....
I'm not expecting Christmas in July.
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3% in June?
Math is helpful here. let's say we get 30% of our oil from Saudi Arabia (I don't know what the actual # is, but 30 may be close). This means that if nothing happens between now and June in terms of speculators driving up the cost of oil, we could see a 1% decrease in the cost of gas.
I'm paying $4.79/gallon for the Honda. In June, I could be paying $4.74.
If a terrorist hits a refinery or a well at any time in June, I will be paying $5.24.