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  #33  
Old May 18th 04, 03:49 PM
Allen
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"G.R. Patterson III" wrote in message
...


Flyin'8 wrote:


In 2004 dollars, the high was $2.50 a gallon. We are very unlikely to
reach that level.


Don't know where you are living, but where I am at the price is over
$2.50 / gal.


Wow! Regular mogas is a bit over $1.70/gal here in Joisey.

George Patterson
I childproofed my house, but they *still* get in.


Regular is between $1.70 and $1.90 here in Waco. That much spread in such a
small area tells me it is not all based on the price of crude. When the
orange growers wanted the price of O. J. up they all screamed about the
terrible late freezes that ruined the blossoms. O. J. went up and never
came back down. When is the last time you have heard of orange crops being
froze? The coffee crop froze in Columbia and Brazil, the price went up and
never came down. Now the dairy farmers have all sold their herds, the price
has gone up and will never go down. Where did the herds all go? Did the
price of beef plunge? NO. All you need is some type of perception of a
causal force and you set the price where you want.

Allen