tramsey wrote:
I've been listening to the news commentators telling me that the price of gas is coming down, down, down.
So what's the price of gas (for cars) in your area and do you think it is good things or has it gone down too far,
I just paid $1.50 here in deep South Texas. I have a good friend that lost his job as an oil worker now he's out pounding the pavement.
I think it has gone down too far and it's going to keep going down.
Today gas is $1.54 here in Maryville, TN. 39.8 cents is federal and state tax (25.8% of the price). So the price before tax here is about $1.14 gal which does not leave much room for profit when split among the oil companies, distributors, and retailers. So high priced gas affects the economy and lower priced gas causes job losses which also affects the economy.