Saturday, November 22, 2008

Why is gas $ 1.93 a gallon?



That was the lowest price I saw this morning on my errands.

I'm not being a smartass. I truly want to know. Six months ago, gas was $4.00 a gallon and going up. Please explain to me what happened in the world to plummet the price of gas to under $2.00. China's still demanding oil at a record pace. So is India. There wasn't some explosion of openings of new refineries in the USA. So, explain to me what happened.

Thanks in advance for the explanation.

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