If Chinas economy keeps self destructing, oil will drop even more.The normal trend for oil in late August is much higher. During winter last year, the barrel of oil was $40 and gas was approximately $2 a gallon here in California
The $40 a barrel in the summer months is very concerning because the trend for oil coming down in price is normally mid September.
Depending on the next few weeks California may see $2.00 a gallon gas soon. The rest of the country may drop to $1.50 a gallon as everyone knows how screwed up California is with all its extra taxes
Uber maybe profitable once gas hits a $1 a gallon.