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echo: crossfire
to: Jim Holsonback
from: Jeff Binkley
date: 2008-10-08 22:47:00
subject: Gas Prices

JH>Prices may now be quickly breaking lower.  Over the weekend, the
JH>lowest gas in my nearby area was $3.65, and now all of a sudden,
JH>there are a number of sellers in my area who have gas for $3.29.
JH>These sellers are mostly supplied by local distributors, who buy
JH>their supplies on the spot market, generally refinery surplus
JH>production.  I see that there are some stations up in the Huntsville
JH>area which now have gas for under $3.00.

JH>FWIW, some of the cheapest gasoline in the country seems to be in
JH>Oklahoma, and I see that there are some stations in the Oklahoma City
JH>area with gas around $2.60.

JH>Also FWIW, Opec oil was $80.04 yesterday, and NYMEX oil closed today
JH>at $88.95.  A number of the OPEC countries are not happy with this
JH>low price.  More about that later.

$3.01 - $3.09 today here in Columbus.  


Jeff 

CMPQwk 1.42-21 9999 
Democrats --  The party of economic obstruction ....


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