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Re: What do you feel is a realistic, and fair price for a gallon of gasoline?
Global supply & demand. China alone demand is almost 2 fold of what it was. They are building up huge reserves also. Threat to oil supplies with terroism & hurricanes also affects it. Just this morning oil shot up to about $74 again on the tensions with Iran. If we goto war with them(which we probably will), and there is also another severe hurricane like Katrina, you can at least double what you pay for gas now.
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