I can believe that....very easily. Right now the lowest price of the lowest grade of unleaded here in the Dallas area is $3.05/gal.
The laws of supply and demand are no longer valid. Which is disturbing:
"The price has little to do with the supply," said Ray, who noted that the per-barrel price for oil Wednesday spiked at a record $102. She attributed the price increase to stock market speculation among investors reacting to spiking oil prices."
