Monday, October 10, 2005 U.S. Gasoline Futures Drop! U.S.

Can you believe the numbers? Wholesale prices of oil are headed toward their largest one month drop in price since June of 2001! Gasoline demand is down 2.8%.

Consumers are cutting back on oil consumption. Many folks are planning moves to the south for the winter. It may be a few more weeks before production is back to normal but the high prices are being met with lower demand.