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Old 04-08-2005   #1
cd34
I'm the guy that pokes anthills with sticks
 
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Join Date: Jan 2005
Location: West Palm Beach, FL USA
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I paid $2.44/gallon yesterday a few blocks from the house.
$2.35/gallon in Miami.

I think $2.50 will be the resistence number -- that seems to hold some real psychological barrier. Oil is just under $54/barrel and Opec said they would ramp up production. Personally, I think it will hover around $2.50/gallon for 3-4 months before it starts to drop -- indifferent to the price of a barrel.

There are things that higher gas prices curb -- like discretionary spending. One might consider site memberships to be discretionary spending.
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