Make Your Prediction, How High Will it Go...

[Lpherr]

It's not 'DOOM', it's the Green New Deal in action.

Wait until Biden enacts the mileage tax, and blames it on Russia.

 

[Jaybird1980]

Prices will come back down. Relax.

Right here is one of those that refuses to learn.
Even when they see it with their own eyes and pay for it with their money they still refuse to acknowledge how it happened.

We are $4.40 in town as of yesterday.

I think the sky is the limit, and it's going to suck for quite awhile.

What's even worse is very few people will learn from what's happening.

 

[BigRed]

I am guessing up to $8 by the end of fall.

Then, shortly before midterms, the price will drop to somewhere around $6.

Following the mid terms, it will rise again.

Getting rid of imported communist oil will not help much.

Getting rid of the mother ****ing scum sucking communist ***holes governing energy policy in the States would help plenty.... may they burn in Hell.

 

[BigRed]

BTW, where are the folks around here that voted for this?

 

[Lpherr]

BTW, where are the folks around here that voted for this?

About 10 posts up?

 

[Jaybird1980]

BTW, where are the folks around here that voted for this?

Here's one. He says to relax it makes the screwing easier to take.

Prices will come back down. Relax.

 

[stocknup]

BTW, where are the folks around here that voted for this?

Most have been banned I think ........still a few more to go .

 

[stocknup]

Prices will come back down. Relax.

I was hoping you were just out of Purple ink ........

 

[stocknup]

It's not 'DOOM', it's the Green New Deal in action.

For real ......they want to push all electric but are no where even close to being ready for a transition .
It`s like jumping off of a cliff and then trying to invent the parachute on your way down .

 

[MarkC]

I put this here and not in the break room because political discussion is bound to ensue.

The pervious record for the average price of a gallon of regular gas in the US was $4.11 in 2008.

We broke that record today at $4.17. I'm sure we'll shatter it by this time next week.

I see a lot of 'experts' saying we'll peak around $4.50. I think they're lying. We'll probably hit that by next Friday.

So make your best guess. How high are we gonna go?

What will our new record national average price be?

My prediction...

$5.55

Keep in mind the impact of inflation. Consider that, in real $$, $4.17 in 2008 is the equivalent of $5.37 today. (Source: usinflationcalculator.com)

So, even as bad as it is, we really haven't hit "2008 bad" yet.

However, it was bad then, and it is bad now. Unless and until domestic exploration and extraction start again, we're hosed.

 

[stocknup]

BTW, where are the folks around here that voted for this?

Off topic .......but not a bad 10,000th post .

 

[ghuns]

Keep in mind the impact of inflation. Consider that, in real $$, $4.17 in 2008 is the equivalent of $5.37 today. (Source: usinflationcalculator.com)

So, even as bad as it is, we really haven't hit "2008 bad" yet.

However, it was bad then, and it is bad now. Unless and until domestic exploration and extraction start again, we're hosed.

I know. That's partially what I based my $5.55 prediction on.

I think we'll go higher than the previous high, when adjusted for inflation, just not that much higher.

As for more domestic production and exploration, Biden and his handlers can't allow it. The eco-nazi, Green New Dealers, tree huggin, Greta Thunberg tee shirt wearing f**ksticks are his last bastion of support. If he alienates them, who is left?

 

[raider600]

Here's one. He says to relax it makes the screwing easier to take.

Do I know you?

 

[Jaybird1980]

Do I know you?

The Big Guy says thanks for the blind allegiance.

 

[cg21]

Prices may go back down…… but they shouldn’t be going up in the first place if these morons didn’t put the cart in front of the horse with this electric crap.

 

[Keith_Indy]

I'm predicting $5.00 by the end of next week...

 

[DoggyDaddy]

 

[Farmerjon]

No different than the '70's, run it up high then back it down a little, people forget where it started from and are just happy it isn't as high. Still buying Russian oil and wanting to talk to the Arabs about upping their production. What the he77, put our oil people back to work. If I think about this to long and hard, afraid I will give myself a heart attack.

 

[BugI02]

I think you've got a good shot at the over/under, ghuns

I think high $4s to low $5s is where people are forced to admit it isn't going to be short-lived and where behaviors start to change. Individual fuel usage can probably easily be flexed by 10% without too much hardship, so demand will begin to decline and the price will stabilize, I believe, at under $6

 

[jwamplerusa]

Remember this ?

This needs to be running on a loop on every media channel in the nation. Locked on and unchanging!