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Re: Paul123456 post# 29607

Friday, 07/18/2008 4:48:08 PM

Friday, July 18, 2008 4:48:08 PM

Post# of 72997
Looks like the Oil rise is hurting the gas stations without merrit:

http://biz.yahoo.com/ap/080718/oil_prices.html

Oil's drop may have an immediate effect, as gas station owners desperate to get drivers back to the pump consider a pre-emptive cut in price.

The price for a gallon of regular fell to $4.105, down nearly a penny, according to AAA, the Oil Price Information Service and Wright Express. Diesel prices also eased, dipping three-tenths of a cent to $4.842 a gallon.

"We could see the nationwide average drop down to $4 or perhaps lower than that. And we think that could happen relatively quickly ... within the next couple of weeks," said Geoff Sundstrom, a spokesman for auto club AAA.

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