Tuesday, August 26, 2008

Silent Farts

Can't hear the pffffffffffttttttt, can ya?

"Bay State gas prices drop for 7th week" by Associated Press | August 26, 2008

Massachusetts residents planning a Labor Day road trip got some good news with another 8 cent drop in gas prices. AAA Southern New England in its weekly survey, released yesterday, reported an average price of $3.62 per gallon for self-serve regular. It's the seventh consecutive week of lower prices. Gas prices have plummeted 46 cents since July 7. Prices in Massachusetts are 6 cents below the national average.

Meanwhile, oil prices ended a choppy session slightly higher yesterday, edging back above $115 a barrel after Tropical Storm Gustav formed in the Caribbean. Crude traded erratically most of the day in lockstep with a wavering US dollar, which has become the focal point for investors trying to figure out whether crude is going higher or lower.

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It always tracks back to the dollar, readers, even if the MSM tries to minimize it. That dropping piece of doo-doo responsible for price rises!