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Author Topic: Future gas prices  (Read 8316 times)

Offline washelkhntr

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Future gas prices
« on: April 23, 2011, 11:15:12 PM »
I have a bad feeling we will be seeing over $5.00 a gal by this fall.
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Offline Bean Counter

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Re: Future gas prices
« Reply #1 on: April 23, 2011, 11:23:27 PM »
I picked $4, but I'll be surprised if they're that high. Gas prices usually peak in the summer. So I guess that means it doesn't "pay" to scout this hunting season?  :dunno:

Offline fair-chase

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Re: Future gas prices
« Reply #2 on: April 24, 2011, 12:25:14 AM »
How come the poll stops at 6 dollars? I need a little more room here.

By mid summer I'm thinking 5.50, by next summer 8-10. It really all depends. Will the middle east calm down anytime in the near future or will it continue to escalate? Will a version of cap and trade get pushed through before the end of this administration? Will Obama lighten restrictions on oil drilling and processing? After you answer these questions take a deep breath, a shot of whiskey, and buy a horse.  :chuckle:

Offline Lincoln4

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Re: Future gas prices
« Reply #3 on: April 24, 2011, 05:44:33 AM »
Five to Six this summer. And then when the economy double-dips, it'll come back down... :(
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Offline oldleclercrd

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Re: Future gas prices
« Reply #4 on: April 24, 2011, 08:36:16 AM »
Kinda a depressing thread.
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Offline singleshot12

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Re: Future gas prices
« Reply #5 on: April 24, 2011, 08:40:56 AM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!
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Offline jharstad

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Re: Future gas prices
« Reply #6 on: April 24, 2011, 09:25:27 AM »
what do you mean by double dip?

Offline Button Nubbs

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Re: Future gas prices
« Reply #7 on: April 24, 2011, 09:37:06 AM »
Its when you dip a chip in salsa take a bite and then dip it again. :chuckle:
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Offline Rhinoron247

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Re: Future gas prices
« Reply #8 on: April 24, 2011, 09:58:57 AM »
It's not the gas prices that make the real long term dent in our lifestyle.  If you look at the prices of goods sold, food and other consumables after the last Gas hijacking they all steadily increased as a result of the fuel prices going up.  Then after the prices dropped back down,  there was not a dramatic price drop in these same consumables items.  It's the long term effects that get us. 

Also, If you notice the auto industry capitalizes on the inflated fuel pricing by leaking out better fuel economy technology in the new cars that has been on the shelves for years.  Our NEW 40 mpg cars are now running on 20 year old technology.   :bash: :bash: :bash:

One would think as the MPG goes up and the fuel prices go up it should be a wash.  But it's now!!




Offline wsmnut

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Re: Future gas prices
« Reply #9 on: April 24, 2011, 10:25:22 AM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!

The speculation market is exactly the reason for high gas and oil prices.  Congress refuses to reform the regulations on those markets.  Drilling anywhere will not have any effect on these prices because any supply will be "speculated".
We have the best congress money can buy.  And Big Oil and Big Banks own the congress.
Expect the wild ride to continue until there is some meaningful reform accomplished.  These "patriots" that do this speculation are holding our economy hostage to their huge profits and bonuses.
Oil goes up, the national and world economy withers, and the middle class continues to disappear.

wsmnut
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Offline BigD

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Re: Future gas prices
« Reply #10 on: April 24, 2011, 10:35:55 AM »
If I remember correctly I paid about 3.80 to fill my diesel tank a few months ago :)  Should last till next spring when it dips again   :)

Offline Bean Counter

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Re: Future gas prices
« Reply #11 on: April 24, 2011, 02:34:04 PM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!

The speculation market is exactly the reason for high gas and oil prices.  Congress refuses to reform the regulations on those markets.  Drilling anywhere will not have any effect on these prices because any supply will be "speculated".
We have the best congress money can buy.  And Big Oil and Big Banks own the congress.
Expect the wild ride to continue until there is some meaningful reform accomplished.  These "patriots" that do this speculation are holding our economy hostage to their huge profits and bonuses.
Oil goes up, the national and world economy withers, and the middle class continues to disappear.

wsmnut

Sorry sir, but this is incorrect. Supply and demand are exactly the reason for oil and gas prices, high or low. Sure, there are a slew of economic anomalies distorting what could be a simple graph of supply and demand (taxes, regulation, futures and options markets aka "speculators"), but at the end of the day, these are just influences, not the underlying determinant of market price.
« Last Edit: April 24, 2011, 02:39:48 PM by Bean Counter »

Offline alanger

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Re: Future gas prices
« Reply #12 on: April 24, 2011, 02:44:39 PM »
idk its a 4 bux a gal right now, and diesel is almost 4.50 so who knows.
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Offline jaymark6655

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Re: Future gas prices
« Reply #13 on: April 24, 2011, 03:07:19 PM »
For all you people saying $4 I already paid $4.21 at the pump this morning and it is not even summer yet. So you may want to reconsider.
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Offline mjbskwim

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Re: Future gas prices
« Reply #14 on: April 24, 2011, 04:06:09 PM »
Look for small pick ups and wagons for sale right around August.
Get your tent ready,cause it will cost you $400 to drive the truck and camper to your unit.

 


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