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Dollar gas?
Corrente —
And not at the dollar store, either. Gulf's CEO in the Patriot Ledger:
Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20 per barrel, and there is a chance gasoline prices could drop as low as $1 per gallon by early next year.
Speaking at a South Shore Chamber of Commerce breakfast at Lombardo’s in Randolph, the Brockton native said that after speculators drove oil prices up, there is a chance that the market will overshoot on the way back down, resulting in much lower prices at the pump. ...
One Dollar Gas?
Stop The ACLU —
Wow! I’m not an economist for obvious reasons. I know this whole crash is bad overall, and I know that the government meddling is making it worse. However, my income and job stability will not be affected, and I’m actually finding some advantages to my budget in all the lower prices. After seeing gas approach the four dollar mark, one dollar gas sounds like a steal! Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20 per barrel, and there is a chance gasoline prices could drop as low as $1 per gallon by early next year. Speaking at a South Shore ...
Gulf Oil CEO says gas could hit $1 next year
Democratic Underground Latest Breaking News —
... prices at the pump. Gas prices have already sunk fairly rapidly this fall, reaching a statewide average of $1.85 for a gallon of regular-grade gasoline this week, following a plunge in crude oil prices. Gulf Oil, which is based in Newton, is not an oil producer. Gulf stopped producing oil in 1986 and stopped refining oil in 1992, according to Petrowski. He said the company is a fuel agnostic wholesaler, and will sell whichever fuels customers and distributors demand. Read more: http://www.patriotledger.com/business/x1881115149/Gulf-...
Good News But No Reason Not To Expand The Energy Supply
Rhymes With Right —
After all, a drop in oil prices like the one predicted by Gulf Oils CEO would surely be merely a temporary thing, as the law of supply and demand would soon lead the former to drop, causing the latter to rise. Gulf Oil CEO Joe Petrowski said on Wednesday that the price of oil could sink to $20 per barrel, and there is a chance gasoline prices could drop as low as $1 per gallon by early next year. Speaking at a South Shore Chamber of Commerce breakfast at Lombardos in Randolph, the Brockton native said that after speculators drove oil prices up, there is a chance that the ...
$1 Per Gallon Gas Next Year?
The Democratic Daily —
... Is greater relief at the gas pumps finally in sight? If Gulf Oil CEO Joe Petrowski is correct it could go down to $1.00 a gallon or lower by next year. I for one am hoping he’s right. I just filled my tank up here in rural Maine yesterday paying $1.99 a gallon. A further dip in gas prices would surely help the economy and give a boost to those suffering and struggling in the recession. ...
Dollar A Gallon Gas … Good Thing, Or Bad Thing?
Pat Dollard | Young Americans —
... revelry over cheaper gas in a heartbeat.
The fact is, while we continue to insist upon alternative fuels, the reality is we must have our current fuel sources … and we must provide our own so that we are not at the mercy of foreign companies and adding to their coffers that ‘fuel’ hate and terrorism against us and the Western world.
Gulf Oil CEO says gas could hit $1 next year
By Julie Onufrak - (The Patriot Ledger)
RANDOLPH — Gulf Oil CEO Joe Petrowski said on Wednesday that the price ...
Coming soon... ninety-nine cent gas
Doug Ross @ Journal —
The CEO of Gulf Oil says that gas prices could hit a dollar a gallon next year. [image] So... where's Bill O'Reilly complaining about "oil speculators"? And where's Chuckie Schumer whining about the outrageous profits of oil companies? Perhaps an unproven economic concept called "supply and demand" could, in fact, be the culprit. Labels: Democrats , Energy // posted by directorblue @ 9:27 PM Permalink |
