At the Pump

Prices at the pump are creeping back up a cent or two while oil continues to decline. That's worrisome by itself, so I decided to look at the cost of gas last time oil cost below $40. http://gasbuddy.com/gb_retail_price_chart.aspx. Turns out you have to go back to 2002 and that the news is good. Prices at the pump now actually appear to be lower than they were then.

I also decided to check how oil prices fared compared to the market. Oil has hit a 5 year low - that, after rising steadily and falling off a precipice. The Dow is different. It rose to 14 from a monthly low of 7,800 in 2003. Before that, there was a hump up to 10,000 from a monthly low of about 7,500 in 1998. (http://finance.yahoo.com/q/hp?s=%5EDJI&a=09&b=1&c=1928&d=01&e=23&f=2009&g=m&z=66&y=66)

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