Oil prices and the recession…..

“Oil prices fell back Thursday ahead of a report expected to show U.S. inventories of crude and petroleum products grew last week.

Prices remained volatile, though, buffeted about by threats against Nigerian oil facilities, worries about falling gasoline demand in the U.S. and a strengthening U.S. dollar.

Demand for gasoline fell 5.5 percent last week compared to the same week last year, according to the weekly MasterCard SpendingPulse survey. The survey also found that, on average, demand over the past four weeks is off 6.3 percent compared to the same period last year.” (AP Business Writer Thomas Hogue)
———————
My question is: Who is worrying about falling gasoline demand? And why does a strengthening U.S.
dollar cause gas prices to remain “volatile”???? Any ideas?

NEXT: “First day sales of Grand Theft Auto IV totalled $310 million.” One day sales! That’s a lot of money for a country that is in a recession… Want to see what’s wrong with so many young people today? If you haven’t watched this game, do. It’s hideous and it teaches violence. Watch the face of someone playing and you can tell they like the blood and guts (though they have NO IDEA of what
it REALLY looks like, and what life changing events that kind of violence causes.) It is scary to me!
Any thoughts on this?
Watch the game – watch them when they play it——-

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