New to Nashville

Tuesday, December 02, 2008

When oil tanked and gas prices fell (along with the housing market, 401Ks and the economy in general) my wife and I made a bet as to how far they’d fall. (We established a Mapco near our house as the standard).

My guess? $1.84. No lower.

She bet it’d fall to at least $1.73, maybe further.

And, as usual, she’s right…

Lesson learned...

But on another note, the experiment helped me discover AAA’s gas price Web site - the Fuel Gauge Report. As of December 2nd at 3:00 am CST, the average price for a gallon of regular unleaded gasoline was $1.673.

I bet $1.50 is the trough.

In fact, I’m willing to bet $5.00.

Any takers?

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