Looking for $2 Gasoline? Keep Looking

(It's Coming)

Gas is in the $2.4x range here, following my prediction nicely. We're seeing lower prices on oil, and gas is following. The ratio isn't exact, but as a rule of thumb, it's working out well.

If this prediction pays out, look for $2/gallon gasoline soon.

Oil is sitting at $63 right now, and gas is at $2.40... if the market stabilized now, which I think it won't, we'd be looking at somewhere around $2.50 or a little less for a gallon of gas as a national average, if I am right.

We are driving less and using less oil all over the world, and the OPEC member nations are cheating (and not the only people pumping oil)... oil is falling hard, still, for the short-term future.