Archive for December 5th, 2008

Could Gas Hit $1 Per Gallon?

Recently, a CEO of Gulf Oil said that a barrel of oil could cost as low as $20, and gas prices could bottom out at $1 per gallon by early 2009.  Currently, gas is at $1.77 per gallon nationwide, according to AAA. This information, coming from an insider in oil, is mind-boggling when you consider […]