Future Predicted Gas Prices

[Jay2TheRescue]

I don't think they will go up. Prices may fall at a slower rate, or stay flat for the holiday weekend, but I don't think they will go up this year.

-Jay

[Kuripot]

Originally Posted by bowtieguy

assuming 1 year predictions, this one is WAY out in front at the halfway mark!

Bowtieguy, I'm sure happy they dropped considerably faster than I predicted. I'm saving a lot of money. Keep in mind, I made that prediction back in May I think and gas was over 4$/gal. Most people were predicting it would go higher, including the head of GM. I have zero respect for that guys opinion.

Gas is 1.619 here now. (central Illinois)

[101mpg]

I predict I just paid $1.68.9 for unleaded in Kentucky (just across the river from WV). Still $1.99 here in Charleston, but with a 20 gallon tank I saved about $6 on the fillup (REALLY on fumes). That is 3.55 gallons of gas FREE at those prices! I use Speedway (good gas at some stations, bad at others) - got extra points on Speedway rewards card by buying $50 gas card at a time, plus the regular points on the card.

I have more than enough points for a 50 cents per gallon discount - will use that next time and get gasoline for $1.189 a gallon!!!! Will use ALL 50 gallons - make sure me, wife and mother-in-law fillup all 3 vehicles on Turkey Day.

[bowtieguy]

Kuripot,

i'm happy w/ the drop in price as well. i just wonder two things...

are the oil companies still evil?
and
are people going back to gas guzzlers as daily drivers?

[StorminMatt]

Originally Posted by Jay2TheRescue

Yeah, he'll learn, but at what expense to our economy? This is not the time or place for on the job training.

Then again, ALL presidents go through 'on the job training'. Lets face it, there isn't exactly a class out there on how to be president or a 'Being US President For Dummies' book out there. And I don't care how many decades someone has been a senator (or held any other office). There really isn't ANYTHING out there that would REALLY prepare ANYONE for the presidency. It's a learning experience for ANYONE who takes the office.

[KU40]

Originally Posted by bowtieguy

Kuripot,

i'm happy w/ the drop in price as well. i just wonder two things...

are the oil companies still evil?
and
are people going back to gas guzzlers as daily drivers?

How are oil companies evil?

[Kuripot]

Bowtieguy, I can't speak for everyone, but I for one am going to continue to drive the hyundai I bought this year. I've probably only put a couple hundred miles on my F150 since I bought the car.

I'm sure prices will rise slowly back to the mid 2$ range and I hope people are reluctant to go back to their old ways.

I'd like to see diesel prices drop further, which I think will happen as the economy continues to suffer. Eventually that can help the consumer.

Europe has a big problem with diesel now since in a few contries 70% of new car sales are diesel.

BTW KU40, I believe the evil crack was tongue in cheek.

Cheers!

[bowtieguy]

Originally Posted by Kuripot

BTW KU40, I believe the evil crack was tongue in cheek.

it was indeed!

it's interesting how blame is put on certain individuals and/or corporations who often times have nothing to do with the source or cause. ie gas prices are high because the oil companies are greedy, evil, to blame, etc.

if one were to blame Bush or big oil, for example, when fuel prices were high...

why do they not get the credit when prices come down?

[bowtieguy]

Originally Posted by KU40

How are oil companies evil?

i'd like to respond to you directly as well...

it's a rhetorical statement. the rhetoric coming mostly from the left of course.

i'd like to know the answer myself. i suspect we'll never get an unbiased, unspun source to it.

[theholycow]

Originally Posted by bowtieguy

if one were to blame Bush or big oil, for example, when fuel prices were high...

why do they not get the credit when prices come down?

I've heard some more believable suggestions as to who is at fault for the high prices, but I can't figure out if they deserve credit for the reduction...