Replies to post #17217 on FinancialAdvisor's College Class (FACC)

[babycakes]

we need to start taxing the hell out of oil, which will lead to a paradigm shift in our behavior towards energy

[QuickTrade]

You said it FA: "*Wait until the first tropical storm finds it's way churning about the Gulf of Mexico" That will be the break point and the needles in the pockets. One question though, how come in August 2005 the gas futures was at $2.40 and gas prices were at $3.25 but now we sit at $2.13 but yet the gas prices are about that much. Shouldn't it be less now?

I think the gas prices reflect more on the oil futures, no?

P.S - I know it will be at $4 too.

[FinancialAdvisor]

***UNLEADED GASOLINE (JULY) FUTURES BREAKS $2.20!***

*Fill your tanks folks, I know I did this weekend at $2.87 a gallon... and get ready to pay higher and higher prices as time marches on, that's what the chart is telling me...

*$2.2227...