While over sixty-one bucks a barrel ain't exactly change for chumps, at this point, we'll take what we can get. Especially considering we've got a 1,400-mile drive in an SUV pulling a loaded trailer coming up in a week or so. Apparently, news that Americans have been driving less has driven the prices down globally, and in fact, at one point yesterday, crude did drop below $61, nine bucks a bbl lower than its August high. Still, some analysts think that many Americans will become comfortable in their non-driving habits, their hopes bolstered by lessened gas consumption and booming bicycle purchases.
Oil hits two-month low as US cars idle [ABC News]
Related:
What We Want is Free...If We Buy Unwanted Mitsubishis [Internal]
The Truth About Oil [The Truth About Cars]