On Mar 20, 2007, at 1:57 PM, Wojtek Sokolowski wrote:
> That may be true, but the prices went up nation-wide. So if the
> demand is weak and supply abundant, what explains that across-the-
> nation
> price hike
Oil prices were in the low- to mid-50s in January, and rose to the low 60s in early March. They've since come off their peaks, so it's likely gas prices will follow. The correlation is pretty tight.
Doug