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re: Gas will be above $3 before February ends

Posted on 1/21/21 at 5:06 pm to
Posted by go ta hell ole miss
Member since Jan 2007
13782 posts
Posted on 1/21/21 at 5:06 pm to
quote:

Lucrative for those working in O&G or lucrative for the rest of us paying for gas at the pump?


If gas is .50 higher per gallon the average person will spend less than $400 extra dollars per year on gas. It’s not insignificant, but it’s not going to be a “lucrative” windfall for most if gas prices stay where they are. It’s much more psychological for some reason, likely because there are such wide fluctuations in price.
This post was edited on 1/21/21 at 5:07 pm
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