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Thursday, November 16, 2006

Gas prices

The CPI dropped for the second month in a row, largely due to falling gas prices:

WASHINGTON - Consumer prices, helped by another huge decline in gasoline pump prices, fell for a second straight month in October, providing more relief to Americans battered earlier in the year by soaring energy costs.

The Labor Department reported Thursday that consumer prices dropped by 0.5 percent last month, matching the September decline. It was the first back-to-back drops in the Consumer Price Index since late last year and provided more evidence that inflation pressures are beginning to ease.

However, the election is now over, and even though crude oil prices continue to fall, gas prices are beginning to go back up. My station bottomed out on election day at $1.999. Yesterday, it was up to $2.039. Who knows where it will be tomorrow?

5 Comments:

Anonymous Anonymous said...

democrats dont know what they are talking about!!!

1:59 PM  
Anonymous Anonymous said...

democrates;to those who dont believe there should be no guns...the criminal rate will go up and for those who cant defend themselfs...what about them; they get there houses broken into, there stuff jacked, and possibly them beaten because they dont have a gun to defend themselves!!!

2:03 PM  
Anonymous Anonymous said...

okay...so you guys dont believe in war???...so if john kerry was elected you guys would belive there would be peace...NO, there wouldntbe!!! iraq might still bomb us...and what john kerry would just let hundrends,thousands, millions die and not do anything about it???

2:08 PM  
Anonymous Anonymous said...

think...most democrats dont pay attention to politics

2:09 PM  
Anonymous Anonymous said...

all democrates do is mess up and point fingers!!!

2:11 PM  

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