Quote:
Originally Posted by LIforrelaxin
Ok, So everyone is always pointing the finger at China and India, and I am not saying that they aren't a contributing factor here. They are the reason the gas prices are now in the 2.50$ to 3.00$ range.
But come on folks every year at this time the price of gas goes up. Just in time for the summer tourism season. It is like clock work. The prices will peak just in time for Memorial day. Then they will drop back some before the fourth of July as the petroleum companies realize they went to far... then we stabilize until the Labor day, when the prices will come back down, as the petroleum companies realize as they always do that they over produced for the summer and are left with more in reserve then they want. It is not uncommon for the price to range over 50 cents during this time.
The bottom line is this is normal. I have come to expect it just like I have come to except that snow melts, the lake warms and eventually fall arrives.
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It is just your seasonal adjustment, just like the temperature it goes up and comes down.