Posted: 4/28/2008 7:43:54 AM EDT
WHERE DO THINK THEY WILL GO? TO $8.00 A GALLON ?
|
|
Yup. Woll Smoth is pumping gas... 
|
|
My guess is that gas prices will roughly double every 4 years from now on. $7.00 by 2012 $14.00 by 2016 etc. The price of gold will more or less keep pace. $100.00 per barrel oil = (more or less) $900.00 to $1,000.00 per oz. $200.00 per barrel oil = ( " " " ) $1,800.00 to $2,000.00 per oz. |
Did you notice the subway track in the background?
I wish I owned some stock in a company that made lockable gas caps.... |
Gas theft down here involves punching a hole in the bottom of the gas tank. Much quicker. |
... That's my guess as well. Try to always budget twice the price you are currently paying at the pump for gas. Do the same for commodities that are dependent on fuel such as food. It will help you forecast & plan your future better |
DingDingDing we have a winner if you notice all the governments are saying that they have enough supply to last. But the speculators are using everything to their advantage to jack the price of a barrel of oil. Take example the nigeria pipe line attack, or katrina, or chavez. They are using all that to jack the price up but we are the suckers for it. Their is no reason for it when they are now finding some of the largest deposits on us soil. HHHmmm wheres that oil going to go over seas where they are making more money because of the speculators. 
|
EXACTLY- Supply and demand is taking a real unrealistic look at this market. I do a lot of driving and the highways are empty compared to three months ago. Gas stations are telling me business is really bad and if gas hits 4 bucks they are out of business. Lets get the blame where it belongs. |
Hmm? Article on $10/gal. gas There is no way people can financially survive if that happens. It will eliminate the middle class and create the haves and the have-nots. Can you say "civil unrest?" (I won't say the "R" word.) 
|
 Saw that thread too huh? 
|