Ok, gas is getting cheaper.
I guess we can thank the weak economy for this one. Even with OPEC trying to increase the price by cutting the supply there is just no one buying.
I did some research to follow up one on my last post. The reason countries like Venezuela are pushing to cut supply is because they have a lower quality oil. So, when the supply goes down even less is bought from them.
I guess if you look at the gas prices, you'll notice that diesel is still about three dollars a gallon. This is expected, I guess. I'm still puzzled why people are so against diesel.
Here is a link to Bloomberg.com in case you are wondering what oil is doing today.
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