Tuesday, October 21, 2008

Gas Going Up Again - Soon

It may come sooner than I heard! I'm talking about the price of gas going up. I heard OPEC's meeting was in November but I just read it is October 24th. The plan is to announce the output reduction at that meeting. So what does that mean? Gas prices may go up.

That's not the last you'll hear from them though. They have another meeting in December and the expectation is that another cut in supply will be announced. Supply goes down, demand goes up and there ya go - higher gas prices. Again.

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