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gas is down to the $1.XX range !!! but for how long ??

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Old Dec 3, 2008 | 01:58 PM
  #21  
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gennytoch
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This will be going on until mid-late 2009. Around the same time when real estates drop to close to where it was prior to the 2004 sub-prime mortgage boom (roughly 30-40% lower from the price we're seeing now).

So mid-late 2009, buy a house and expect gas prices to go back up. There you have it.
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Old Dec 3, 2008 | 03:41 PM
  #22  
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gsazabi
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I think it'll start going up once those angry new GM vehicle owners who opted for '$2.99(87 octane that is)fixed gas price for the next three years' instead of 0% APR or thousands in cash-back start burning gas stations
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