The anomaly of lower crude prices to higher gasoline prices continues, but I do not think for long. Once crude begins to decline once more then look for gasoline to really collapse in price.
Wednesday, May 16, 2007
Demise of Crude - What is the Deal with Unleaded Gasoline???
Crude should continue to work itself lower over the intermediate and long term. On the Daily chart, it continues to work off the Triple Top and Bar the very short term rally, the price of crude seems to be destin for lower prices!
The anomaly of lower crude prices to higher gasoline prices continues, but I do not think for long. Once crude begins to decline once more then look for gasoline to really collapse in price.
The anomaly of lower crude prices to higher gasoline prices continues, but I do not think for long. Once crude begins to decline once more then look for gasoline to really collapse in price.
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