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Make your gas price predictions here


Mike

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Oil prices dropped below $90 a barrel today. I saw a gas station yesterday at $2.99. Pricings will be dropping even more.

OPEC has been strangling the world with oil pricing. Oil prices have now become a barometer of the economy. Any good economic news is soon killed with a subsequent increase by OPEC. Any bad news and the price goes down because they need to sell their only export to stay alive.

Remember, the price of oil creates a chain reaction in the world. Food prices, gas prices, the cost of all products because of delivery costs...you name it.

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In our area, the price has dropped to $1.239 per liter from $1.459 a few weeks ago.

I will have a different perspective on gas increases when I find out whether the oil drilling they're doing on my mother-in-law's land comes to fruition. She is passing any profits to her children and grandchildren...

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