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re: Who else is loving these gas prices?

Posted on 10/18/14 at 4:44 pm to
Posted by Tigerwaffe
Orlando
Member since Sep 2007
4975 posts
Posted on 10/18/14 at 4:44 pm to
quote:

Just got gas for 2.56 in Leland

Blame Obama.
Posted by bbvdd
Memphis, TN
Member since Jun 2009
25180 posts
Posted on 10/18/14 at 6:12 pm to
There are many factors bring the price of oil down. More production, lower demand in Europe and China, but I think one of the biggest reasons is that with the slowing China and European economies and the fact the the FOMC is flooding the mkt with dollars the value of the dollar is increasing. Oil is denominated in $'s so, cheaper oil.
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