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Oil is Cheap. Will Gas get Cheaper?
As of 12/5/2008 oil is on the verge of going below $40.00 a barrel. Well, it took about two weeks to go below the threshold.
Where's the bottom? Determined by demand and manipulation of markets, the crude oil (CL) price is unpredictable!
Gasoline seems to trail it about a month delayed (due to various systems in the "pipe" like refining and speculation).
The question is: will it go below $40, and will cheap gas change our energy strategy in the country?
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