Elayne Riggs' Journal (for Leah)

Tuesday, December 14, 2004

Falling

This morning I noticed the price of regular unleaded at my local Gulf station (usually the least expensive one in the neighborhood) was significantly lower than $2 for the first time since I began checking such things when I got a car in June. It was down to $1.949 today. So I wondered why, and started looking around on Google News, and came across this article about crude oil futures falling. But I'm thinking, maybe the lowering has less to do with that than with retailers really hurting this holiday season because many moderate-income people can't afford the gas to go out to the malls. I mean, when the financial bloom is off the rose at Wal-Mart you know things are getting drastic.

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