5/08/2003

ECONOMY AND STOCKS

The price of gasoline is down again today bringing the total drop to around $.30 per gallon in three weeks. Just what does this mean for every American? A whopping $108,000,000 (one hundred eight million dollar) per day put back
into every American pocket---to spend.Three billion dollars per month. This is cash money right now, not some tax cut that will take effect down the road. Nobody seems to be calculating this money coming back into the economy. Data available at the API site.. For people driving SUVs that soak up sixty gallons per week that's $18 in movies or trinkets. When you are looking at trucks that means
$30 per fill at least. This is big. Use it.

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