Topic: Fill up the the tanks before Friday...
I'm in an economics class and my teacher gave us a warning that, even though they are relatively low right now, gas prices could shoot up after friday. OPEC is meeting on Friday and it looks like Saudi Arabia could cut back its oil supply to see higher profits now that oil is now around $70 a barrel, quite a bit lower than $110 a barrel like they are used to. They could be shooting themselves in the foot though as we could cut back on oil consumption for good if gas get near $4.00 a gallon again. Then all of their profits would be gone, quite the opposite effect than they would expect. It might be a good idea to take advantage of lower prices while you can.
This is just a speculation though so don't hold me accountable if prices get LOWER. This is also possible because we have shown that we can cut back on oil consumption (in fact it's what lowered the prices in the first place). This is an amazing time to be taking an economics class, I'm a little overwhelmed
"I've come all the way from Colorado... Long way from my home. Give me the hammer that killed John Henry..." The Ballad Of John Henry