Hilo gas prices continue to fall

[macuu222]

Actually it dropped to $2.89 in the Oahu Costco

[Guest]

I can taste that beer already. [:p]

[macuu222]

$3.63 in Hilo this morning

[Hotzcatz]

This will only last until after the election. Then the price of oil will go up through the ceiling again and we will all be in the proverbial handbasket. Now would be a good time to unload any gas guzzlers you want to sell but better do it quick since the election is coming soon.

Even with the lowered price of gas, Obama is still increasing his lead over McCain. Looks like we will have a change in political parties this upcoming go around. Not that it really matters since we don't get to vote for the folks who make the elected politicians jump. Fortunately it is more important for our day-to-day living who our local politicians are and we can get their attention much easier than the national guys.

[Guest]

If we go in to a deep prolonged depression, which very well could happen regardless who gets elected. Oil could go down to 8 or 10 bucks a barrel. That would give us gasoline at 98 cents per gallon.

But most people wont have 98 cents.

You might say "but what about China's increasing appetite for oil?"
Their need for fuel will go down to the old bicycle days when we stop buying goods from them.

If the new president decides to punish the people that hire folks and create jobs, that will force jobs overseas and cause people to shelter money offshore. Hawaii will see super cheap gas and a super deep depression.
http://www.nypost.com/seven/10132008/pos...133374.htm

Interest rates will go through the roof. People will want to keep what little money they have liquid in cash or bearing interest in a bank instead of stocks.

Stocks are what capitalize business. It is businesses that employee people.

Businesses are loath to borrow money at high interest, especially in a climate of depressed sales forecasts.

[Devany]

$3.99 in SF East Bay CA. Can't wait to get to Hawaii where the cheap gas is. LOL.

Aloha au i Hawai`i,
devany

Devany Vickery-Davidson
East Bay Potters
www.eastbaypotters.com

[macuu222]

$3.54 in Hilo today...$2.91 at Costco in Kona

[JerryCarr]

We went to CostCo in Kona at 1pm today, and they had just dropped the price to $2.79.

Cheers,
Jerry

[macuu222]

$3.45 in Hilo Tdoay

[gtill]

3.55 now and 3.45 tomorrow in Hilo.