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FinancialAdvisor

08/30/05 2:46 PM

#10828 RE: FinancialAdvisor #10810

***Unleaded gas is currently up 20% on the session, at last check, the Sunoco around the corner sold the lowest grade of gasoline at $2.66, if I add 20% to that then I am looking at a gas price of $3.19...

Even the cheapest gas in my area is $2.55 at one of the "generic" stations.. a Royal Farms that just opened up last Thursday with maybe 14 or 16 total pumps... add 20% to that "cheap" price and all of a sudden it's not to so cheap at $3.06...

Bottom line, we are in parabolic mode in gas... this is OH!-ficially a SHOCK now... and it'll hit the general public once they see the station clerks changing the prices and the fact that they'll jump over 20 cents, and perhaps as much as 50 cents or more in such a short matter of time, and potentially all before labor day!!!