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Originally Posted by JL8Jeff
It's gonna go back up because of speculation the oil prices have already gone up and some of the gulf rigs have already shut down and evacuated so no production. Â*Even if there is no damage it will cause a short term shortage again which will raise prices. Â*There is potential for more damage in TX oil production than there was around NO. Â*If any of the major producers in TX take a serious hit, we'll have high gas prices for a long time.
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But look at the wholesale pricing. It's at 2.01 a gallon last time I checked. We
should be seeing prices RIGHT NOW at about $2.20 at the pump, but aparrently it's ok to jack prices by over a buck in three days and then take your dear sweet time releasing it back down and just gouging us all the way.