Gas prices have levelled off here over the last four or five days in the $3.05 range. (I paid $3.059 yesterday and the price at that station hadn't changed when I drove by this evening.)
It's interesting that we have hit a plateau. I assume it has something to do with all the talk that came out of Washington last week driving down futures a bit. But supply and demand being what it is, it's a safe bet that we will see the numbers climbing again soon. Prices kept on climbing right through August last summer, and that was before Katrina was even a tropical depression. I can't imagine things will be any different this summer.
So I filled up today and gas down by where I work was down to $2.99 from $3.05. I find it funny that brick mentioned all the talk from washington. I guess gas prices here went down cause I'm so close to the talk. I'm still not quite sure how the whole future pricing scheme works. From what I get they figure out the price of gas, or crude oil rather, two weeks ahead of when it's going to be sold. Does anyone else see something wrong with this? :?
Crude closed at $74.61 a bbl today. At the 6-mo. trend, we'll be at $100 a bbl in less than 13 months. Of course we'll see a gratutitous dip just before the election followed by a punishing rise just after.
Incidently, if gas tracks proportionately with crude, it will be over $4 a gallon at that time. Sing it with me: "they're into money, they're into money..."
Reality is merely an illusion, albeit a very persistent one. - Albert Einstein
In teh spring/summer/part of fall we bike almost exclusively. This year, however, I'll be driving the n600 a bit :P
one of the reasons i sold the ninja 250 was because i found it was "competing" with my bicycle. i tended to use the motorcycle around town for the same trips where i would otherwise have pedaled my bike.
the forkenswift will create a similar situation. except only half the time (since my friend will have it 1 week, then i'll have it the next...) i just know i'll be looking for excuses to drive it.