Re: Gas panic (was: Rita traffic)

From: droo (03dakotaCC4.7_4x4@comcast.net)
Date: Fri Sep 23 2005 - 16:51:56 EDT


On Fri, 23 Sep 2005 16:11:03 -0400, Jason Bleazard <dml@bleazard.net>
wrote:

>
> On Fri, September 23, 2005 4:01 pm, droo said:
>>
>> It's not rumors. It's based on the futures market.
>
> There may be something behind it, but it's been exaggerated way out of
> proportion. On Wednesday, I heard that we were definitely going to be
> paying $1.70 per liter on Thursday morning and $2.00 per liter by today.
> I saw nothing above $1.04 this morning. I'm sure the price is going to
> rise, but the Chicken Little mindset just creates nothing but problems.
>

The reason those prices didn't materiale is because the price dropped in
the markets. The opening price was like half it was the day before.

-- 
-Droo

http://www.grandroyal.org/dakota



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