Where do you think gas will top out at in the U.S.?

[Journeyman]

We are approaching $4.00 here (3.90)

I remember when $2.00 seemed like robbery, where will it end?

[Jeff Jones]

Like this is going to produce a nuumber of reasoned responses.

[OSUCOWBOYS]

Oil could be $200/barrel by 2010.

$6.00 by mid 2010 doesnt seem out of the realm of possibilities.

[The Devil]

3.40 in nj....3.75 in ny......

i expect to see 4.50 for the summer and back down to 3.50 in nov.....

3 years from now 5-6 dollar range here.........

[trytrytry]

$3.33 per 1/3 gallon

[Doc Mercer]

There are reports that the refineries are absorbing the cost of high oil prices right now (and some of them have hedging contracts in place to mitigate this high price), but within a few months they’ll be passing this burden on to the consumers. Oil prices at the pump could very well hit $5 and if this trend continues, it could hit $8/gallon.

Due of course to the outrageous oil costs, which are more than double what it was going for this time last year.

Oil recently hit an all-time high of nearly $120 a barrel, more than double its early 2007 price of about $50 a barrel. It closed Friday at $118.52.
The forecasts calling for a jump to between $7 and $10 a gallon are based on the view that the price of crude is on its way to $200 in two to three years.
Translating this price into dollars and cents at the gas pump, one of our forecasters, the chairman of Houston-based Dune Energy, Alan Gaines, sees gas rising to $7-$8 a gallon. The other, a commodities tracker at Weiss Research in Jupiter, Fla., Sean Brodrick, projects a range of $8 to $10 a gallon.

Of course, that’s what they’re paying now in Europe. Fortunately for many Europeans, the choice of easy public transportation is available as well, unlike much of our country
* NEVER FEAR KIDDIES!!! ..... Georgey has things under control !!!!
ARCHIVES
In 1999, Candidate Bush Attacked Dems on Gas Price at $1.64, Demanded Clinton ‘Jawbone’ OPEC - But Now as Price Heads to $4 Bush Does Nothing



In 2000, the Republicans used the spike to $1.64 as a campaign issue to bash the Clinton administration and Democratic candidates in the election that year, especially Al Gore:

In June 2000, Republican politicians urged President Bill Clinton to fire his energy secretary, Bill Richardson. Richardson, Michigan Sen. Rod Grams explained, was presiding over an “energy disgrace.”
In 2000, George Bush, the failed oilman, quickly piled on in the criticism of Gore and the Clinton administration, as CBS News pointed out in 2004:

Mr. Bush was critical of Al Gore in the 2000 campaign for being part of “the administration that’s been in charge” while the “price of gasoline has gone steadily upward.” In December 1999, in the first Republican primary debate, Mr. Bush said President Clinton “must jawbone OPEC members to lower prices.”


As gas topped a record level of $50 a barrel this week [Sept. 28, 2004], Mr. Bush has shown no propensity to personally pressure, or “jawbone,” Mideast oil producers to increase output.

[Shortbus]

I would say about 6.50.

At that point, it will have crippled our economy and people will simply just stop using it.

Leisure and recreational travel will halt. The prices of goods and services will have risen enough that people can no longer afford entertainment. Things will get ugly at that point...

It cost me 150 dollars to take my boat to the lake this last weekend and that didn't count the cost of gassing up the boat (another 85 dollars). I averaged exactly 8.3 MPG pulling my boat. 8.3 mpg, times 3.59, you do the math...

[Journeyman]

Originally Posted by Shortbus

I would say about 6.50.

At that point, it will have crippled our economy and people will simply just stop using it.

Leisure and recreational travel will halt. The prices of goods and services will have risen enough that people can no longer afford entertainment. Things will get ugly at that point...

It cost me 150 dollars to take my boat to the lake this last weekend and that didn't count the cost of gassing up the boat (another 85 dollars). I averaged exactly 8.3 MPG pulling my boat. 8.3 mpg, times 3.59, you do the math...

Man that is fucked! I refuse to buy a watercraft at this point...that is a shame, and gas on the water is even higher.

fuck

[idiotspayforpick]

save this post and get back to me in 2010......if any of you think it will be $6 plus you are sadly mistaken....it will not get even close to that high by 2010....I am not going to get into the reasons why here as it will just go on and on debate wise. Look me up in 2010 and we'll chat then.

[Shortbus]

Originally Posted by idiotspayforpick

save this post and get back to me in 2010......if any of you think it will be $6 plus you are sadly mistaken....it will not get even close to that high by 2010....I am not going to get into the reasons why here as it will just go on and on debate wise. Look me up in 2010 and we'll chat then.

I'd like to hear your opinion. That's what forums are for.

[Hitdogg42]

Billions of gallons found in the US and even more in Canada.......Round election time the price will come down and if the Dems win if will be round 2.55 per gallon after the next election......

[Renegade]

5/28/08 Saw Regular Unleaded at $3.99 in West Minister, MA. at the mobile station off exit 25 on Rt. 2.

Fuel Efficient car sales are going to go through the roof!!!

[The Devil]

Originally Posted by Hitdogg42

Billions of gallons found in the US and even more in Canada.......Round election time the price will come down and if the Dems win if will be round 2.55 per gallon after the next election......

HITDOGG...........THAT WILL NEVER HAPPEN REGARDLESS OF WHO WINS THE ELECTION.........THE U.S. IS NOT THE ONLY COUNTRY PAYING HIGH DOLLARS FOR GAS................

[Reload]

Originally Posted by Renegade

5/28/08 Saw Regular Unleaded at $3.99 in West Minister, MA. at the mobile station off exit 25 on Rt. 2.

Fuel Efficient car sales are going to go through the roof!!!

Welcome to EOG, Renegade. I live in MA and have been on Rt 2 a lot. And I've got a minivan so not too fuel efficient for me.

[Reload]

Originally Posted by The Devil

HITDOGG...........THAT WILL NEVER HAPPEN REGARDLESS OF WHO WINS THE ELECTION.........THE U.S. IS NOT THE ONLY COUNTRY PAYING HIGH DOLLARS FOR GAS................

It's higher in Costa Rica than the US. Happening everywhere for sure.