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Monday, May 9, 2011

Remember This Headline? Gasoline To Drop in Price 50 Cents This Summer

That headline was all over the news last week, Friday, May 6, 2011, three days ago.

Link here (regional links break often and break early).

Today, the first business day after that headline, there are fears that the rising Mississippi River will cause gasoline shortages.

Link here. This is a May 2, 2011, story, but generally overlooked by CNBC until today where it is a huge story as oil rises by $5.50. (Regional links break often and break early.)

Along that same line, CNBC noted that crops are late getting into the field in North and South Dakota, pushing wheat and corn higher.

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