Wednesday, June 10, 2009

Decreasing Gas Prices

Well, even the headline writer didn't believe it 'Bulgargaz Offers 33% Increase in Natural Gas Price' when actually the price will be declining by that much. The cited reasons for the decrease rests on the fall of the wholesale price of gas and the fall in alternative fuels and the exchange rate with the dollar. Now, let's wait and see if other countries also follow through with significant reductions in their gas prices. I wouldn't keep my fingers crossed.