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$1.61 in Gulf Breeze, Florida today! I think I'll take the boat out for a spin!
OK, get ready for the price surge. Oil stocks up today, and OPEC is preparing to cut production to get prices up.
All it took was the Fed to give Citi $300B "rescue" dollars. That's the other half of the $700B that was supposed to be for ALL the banks.
Let's put into proper context..it's all in the wording...300B? I thought it was 20B.
http://www.forbes.com/wallstreet/2008/11/24/banking-citi-pandit-biz-wall-cx_lm_1124citi.html
Although investors sensed late last week that a rescue of Citigroup was forthcoming, they nonetheless were heartened, even emboldened, by the U.S. government's decision late Sunday to invest $20 billion in the company and guarantee $306 billion in risky assets
Saw gas for $1.61 at RaceTrac on the corner of Hwy 20 and I-75.
$1.94 in the OH,WV, and KY tri-sate area. We're always higher.Drive just 45 miles north and it'll be at least $.20 cents cheaper.
CB
Now $1.88.