Gas is going up again

[L8 APEX]

BP announced their Alaskan pipeline has to be shut down to replace 16 miles of pipe. It may take weeks or months and will raise this week at least a nickel. Even if Bush taps the Fed Reserves they will still gouge the prices. I would not touch the reserve for those vulture companies!

[SILVER2000SVT]

The news said to expect the price of oil to go up at least $10/barrel. If gas raises accordingly that means .40-.50 increase. But we all know that they don't raise it proportionally so I would expect to see around $4/gal for premium in the next few days to couple of weeks.

Of course you have to love that the radio DJ's are telling everybody to go fill their cars and trucks up before the prices go up and before their is a shortage. Nothing like guaranteeing a shortage by artificially creating additional demand from public panic.