Gas prices falling
What bad economy?
Seems like energy prices across the board have taken a significant turn for the for the better. Oil, natural gas, and electricity costs have come down substantially over the past couple weeks, and we’re now even enjoying sub-$4.00 fuel for our thirsty SUV’s.
Wind farms? Forget about it. Let’s use whatever space we’d waste on those for more residential condominiums!
CBS News reported that part of the reason costs are coming down is due to lower demand, and that we could expect this downswing to continue for the foreseeable future!
Analysts say right now, gas prices are on track to keep plummeting through the end of the summer. “We could see $3.70 in the city and if we get really lucky, maybe $3.50 by Labor Day.”
Do you think this is just a short-term “false hope?” Or will costs remain stable?