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Reasonable Gas Prices?

Well, you may not think so, but Tom Kloza of OPIS ‘Speaking of Oil’ makes several good points about the relatively lower price of gas.

It’s hard to feel lucky as you watch the $ on the sale meter go up when you stand there pumping black gold into your vehicle. Kloza points out that the price is actually slightly less than it was last year. Demand has fallen. So have crude oil prices.

If you think the President or Congress can do a darn thing about it, please see me for a great real estate opportunity.

Kloza admits that the ‘coast is not clear’, and puts his price target for the annual high of gas at $3.75-$4.25.

If we can only keep the speculators on the sidelines with no temptations!

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