More on Gas Prices
JULY 28, 2022
07/28/22 01:23 PM
Well, back on July 16th I posted this picture as a footnote for the day. The picture was taken back in Spanish Fort, and I believe that $4.79 is as high as the price got in that area. I also think it hit that price somewhere in the June 2022 timeframe.
In the past day or two, I've seen gas prices down a whole dollar from that. Not sure what to make of it other than the anticipation of the Fed's action to raise rates. Everyone was expecting the market to drop and instead, it did the opposite and the price of gas dropped!
They're calling it a trap.
I agree.
Copyright © 2022 Hutch DeLoach