Here's a nice article that sort of predicts gas prices dropping in summer. Or maybe not.
I say maybe not because of the bet-hedging language in the article.
But be your own judge!
And note from the article the comment that some hotels are offering discounts to offset high gas prices.
Keep your eyes on the hotels: those, along with restaurants, are some of the canaries in the mine.
And why am I talking a lot about gas prices and bankruptcy in the same article? Well, Arizona residents (hereinafter "debtors in bankruptcy cases") may be spending 20% of their net incomes on gasoline. We actually have wide open spaces here in Arizona. No kidding.
Of course, with gasoline prices so high, it may be easier for a close case to pass the means test!




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