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Re: Re: Buy or Wait??
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Posted by Road Warrior on May 14, 2004 at 19:49:06 from (216.174.170.222):
In Reply to: Re: Buy or Wait?? posted by Roger. on May 14, 2004 at 18:48:44:
I don't claim to be a financial genius, in fact, I'm not very smart at all. It seems to me this world needs a recession. Too many people are spending their money like it grows on trees. Prices on everything have seemed to sky rocket for the past couple years. Personally, I scrimp and save every chance I get, but I'm not any better off now than I was 4 or 5 years ago. To answer the original question, yes, I would fill the tanks now. I don't think the price of fuel will drop below what it is now until late fall, if ever. Even then it will only be temporary. The oil companies will have another excuse to jack the price up again. Probably it will be something like this - "it costs more to blend winter gasoline, due to the extra additives." Why can't they just tell the truth and say "We're greedy SOB's and we'll keep on raising prices, because the American public can't get organized enough to do anything to stop us."
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