Prediction - Gas Prices at $1.15 in the future?

[02SilverStroke]

This article, http://seattletimes.nwsource.com/html/businesstechnology/2003257679_oilconsumers14.html, states that some "experts" predict that if we have a mild winter that we could possibly have gasoline selling for $1.15 per gallon. I'm sure diesel would be in the same area. It's an interesting article, but I'm not "holding my breath" for the results. Something will happen (cold winter, some "loose screw" coming unhinged in the Middle East, etc.) that will keep the prices from getting too low.

 

[JLDickmon]

$1.15/gal?

someone is smokin some vicious weed...

 

[02SilverStroke]

Seems that way, but wouldn't it be nice? Some stations are already around $2.00. I remember diesel being around $1.25 when I got my truck in August 2002. After that diesel started going up. Some of my first tanks were around $35-$40 for a complete (+/- 25 gallon) fillup.

 

[94f450sd]

$1.15/gal?

someone is smokin some vicious weed...

yup and it aint me

 

[95_stroker]

yup and it aint me

Hey, werent you the $5.00/ gallon kid here a few months back?

HMMMM??????

 

[Hoss 350]

This article, http://seattletimes.nwsource.com/html/businesstechnology/2003257679_oilconsumers14.html, states that some "experts" predict that if we have a mild winter that we could possibly have gasoline selling for $1.15 per gallon. I'm sure diesel would be in the same area. It's an interesting article, but I'm not "holding my breath" for the results. Something will happen (cold winter, some "loose screw" coming unhinged in the Middle East, etc.) that will keep the prices from getting too low.

That would pretty much shut up all those whiners claiming "price gouging" and calling BS to fuel prices being a supply and demand driven commodity, wouldn't it? If the companies can adjust prices as they please, why adjust them to $1.15?

Maybe, just MAYBE, because supply and demand really does influence fuel rpices and the oil companies are not as evil as we'd originally thought.....

Still plenty evil, mind you, just not THAT evil...

 

[94f450sd]

Hey, werent you the $5.00/ gallon kid here a few months back?

HMMMM??????

yes i was and i aint afraid to admit it.so

 

[BamaSixGun]

That would pretty much shut up all those whiners claiming "price gouging" and calling BS to fuel prices being a supply and demand driven commodity, wouldn't it? If the companies can adjust prices as they please, why adjust them to $1.15?

Maybe, just MAYBE, because supply and demand really does influence fuel rpices and the oil companies are not as evil as we'd originally thought.....

Still plenty evil, mind you, just not THAT evil...

yep, they are bad evil. they aren't stupid enough to let it drop that low, after having it so high for the last few years.

they got us right where they wont us. fillin their pockets up!!!-mad

 

[acjjkamp]

wahooo
gas here dropped to 2.99, only have 1.74 further to go...

diesel is still at 3.35

 

[02SilverStroke]

The price is $1.97 in Iowa according to this GasBuddy site: http://www.iowastategasprices.com/index.aspx?fuel=A. Diesel is $2.55 in that area. Who knows, the price could get that low. It appears that diesel is dropping, just not as fast as gasoline.