Friday, February 11, 2011

Gas Price$

     Wasn't it just the other day we were hearing prediction of gas at the $4 a gallon level in 2011?

Now an economist in Montgomery is using the even more shocking $5 a gallon figure this Summer.

     AUM Economist Jeff Bates says the unrest in Egypt is responsible....even though Egypt is not an oil producer. It's the control of the Suez Canal that's problematic.

     Want to ensure a "double dip recession"?...seems to me $5 gas would do it.

     I wrote the above earlier this week but never posted it...SO glad to hear Mubarak has stepped down, even if for a very self-serving reason like lower gas prices.

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