Gas Follows Oil: A Sign of the Times

Remember I told you earlier that the price of gas follows the price of oil?

Yeah, well gas fell $0.13 overnight, where I live. Now it's down to $2.46 at several stations on my way in to work. The high was right at $4.

Deflation. Yes, even with more credit, less money. Lower prices will be coming soon to a grocery store near you. Remember you heard it here first.

Now if only the Fed would get out of the way. The economy would fix itself (read: fall back to 2001 levels) and wall street would tank for a year or 3, then we would come roaring back. You know, instead of a prolonged recession or even a Great Depression II, which is where we are headed if they continue insisting on trying to patch this busted dam with more water.