The Mudcat Café TM
Thread #36157   Message #499879
Posted By: UB Ed
06-Jul-01 - 12:23 PM
Thread Name: BS: Gasoline prices
Subject: RE: BS: Gasoline prices
Today's Wall Street Journal reports US gas prices are coming down due to high gas production levels combined with lower commercial/industrial activity. Although private citizens have not significantly changed their habits, businesses are experienceing a downturn and do not subsequently need to ship as many items.

Prices in major metro areas will continue to be higher due to the use of reformulated gas to comply with ozone non-attainment requirements. Regardless, another 5 to 10 cent frop is anticipated.

Ed