Gasoline prices have plunged. So why is no one cheering?
Gasoline prices have fallen $1 in a month and more than $2 since the all-time high in June. Motorists are collectively saving billions at the pump, cash that would have generated fresh legs for the economy in better times. Full Story »
Posted by Derek Hawkins
Since fuel prices and speculation led us into the final lap into the recession, it is only fitting that they show the way down, but since production of crude averages less than $20 per barrel, there is still ample profit for the oil producers, more than ample.