Thursday, June 5, 2008

FUEL PRICES HAVE PEAKED

Monday June 2, 2008 was the last day of peak gas prices. The only fuel station in town had prices at $4.099 for what seemed like a few weeks. That was the highest price reached. The next day prices fell to $4.059 and this morning [6/5] they were $3.999. The national average price should begin to fall within the next few weeks. The slide will probably be gradual and where prices stabilize is any ones guess.

Lets hope for $3.50 soon then $3.00 by September and hopefully lower as the year progresses [If and when the US $ gains some strength, oil and fuel prices will fall further still].

What are your thoughts?

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