Coming this Winter: Cheap Gas

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In an issue near and dear to my heart (though against my professional interests), gas prices are likely headed lower soon.

Options traders are betting on a big fall in prices as the slowly recovering world economy is not enough to keep gas prices high - they have gone up over 50% this year, but the demand is just not there. Prices are expected to fall as much as 40% by December - according to options traders.

Which, considering that I am now driving my not-so-good-on-gas Ford Expedition again (though to be honest, I got about 22mpg in the s4 anyway), is very good news for me.


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