Sports Forum – Sportsbook Forum – Entertainment Forum – Politics Forum – Arts Forum – Sports Betting Forum – Gambling Forum – Sports Contests Forum – EOG forum

Home | About | Dispute Resolution | Contact


Go Back   Online Gambling, Online Sportsbooks at Eye on Gambling provides Live Odds Sports News Free Picks Sports Betting and Gambling Odds Online at eog.com > Gambling and Entertainment > Online Sportsbooks and Gambling Discussion

Online Sportsbooks and Gambling Discussion Sportsbooks & Gambling forums covering online sportsbooks, Internet gambling, free sports picks, live lines services, free NFL picks, sports betting and more.

Forum Jump
Reply
 
Thread Tools Search this Thread Display Modes
Old 05-08-08, 06:05 PM   #1
Journeyman
Banned
 
Join Date: Sep 30, 2007
Posts: 30,995
Default Where do you think gas will top out at in the U.S.?

We are approaching $4.00 here (3.90)

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

Journeyman is offline   Reply With Quote
Old 05-08-08, 06:07 PM   #2
Jeff Jones
EOG Gadfly/Curmudgeon
 
Jeff Jones's Avatar
 
Join Date: Aug 27, 2007
Location: The South Strip
Posts: 8,867
Default Re: Where do you think gas will top out at in the U.S.?

Like this is going to produce a nuumber of reasoned responses.
Jeff Jones is offline   Reply With Quote
Old 05-08-08, 06:20 PM   #3
OSUCOWBOYS
Moderator
 
OSUCOWBOYS's Avatar
 
Join Date: Oct 19, 2007
Location: Oklahoma
Posts: 10,003
Default Re: Where do you think gas will top out at in the U.S.?

Oil could be $200/barrel by 2010.

$6.00 by mid 2010 doesnt seem out of the realm of possibilities.
OSUCOWBOYS is offline   Reply With Quote
Old 05-08-08, 06:23 PM   #4
The Devil
EOG Dedicated
 
The Devil's Avatar
 
Join Date: Dec 19, 2005
Location: STATEN ISLAND NY
Posts: 20,982
Default Re: Where do you think gas will top out at in the U.S.?

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.........
The Devil is offline   Reply With Quote
Old 05-08-08, 06:24 PM   #5
trytrytry
All I do is trytrytry
 
Join Date: Aug 21, 2005
Location: minnesota
Posts: 18,914
Default Re: Where do you think gas will top out at in the U.S.?

$3.33 per 1/3 gallon
trytrytry is online now   Reply With Quote
Old 05-08-08, 06:25 PM   #6
Doc Mercer
EOG Dedicated
 
Join Date: Apr 04, 2006
Posts: 48,468
Default Re: Where do you think gas will top out at in the U.S.?

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.
Doc Mercer is offline   Reply With Quote
Old 05-08-08, 07:39 PM   #7
Shortbus
Licensed to kill gophers
 
Shortbus's Avatar
 
Join Date: Sep 30, 2005
Posts: 5,571
Default Re: Where do you think gas will top out at in the U.S.?

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...
Shortbus is offline   Reply With Quote
Old 05-08-08, 07:45 PM   #8
Journeyman
Banned
 
Join Date: Sep 30, 2007
Posts: 30,995
Default Re: Where do you think gas will top out at in the U.S.?

Quote:
Originally Posted by Shortbus View Post
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
Journeyman is offline   Reply With Quote
Old 05-08-08, 07:48 PM   #9
idiotspayforpick
EOG Dedicated
 
Join Date: Aug 11, 2006
Location: Jacksonville
Posts: 7,299
Default Re: Where do you think gas will top out at in the U.S.?

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.
idiotspayforpick is offline   Reply With Quote
Old 05-08-08, 08:02 PM   #10
Shortbus
Licensed to kill gophers
 
Shortbus's Avatar
 
Join Date: Sep 30, 2005
Posts: 5,571
Default Re: Where do you think gas will top out at in the U.S.?

Quote:
Originally Posted by idiotspayforpick View Post
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.
Shortbus is offline   Reply With Quote
Old 05-08-08, 08:05 PM   #11
Hitdogg42
EOG Dedicated
 
Hitdogg42's Avatar
 
Join Date: Nov 11, 2005
Posts: 2,253
Default Re: Where do you think gas will top out at in the U.S.?

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......
Hitdogg42 is offline   Reply With Quote
Old 05-28-08, 07:08 AM   #12
Renegade
EOG Member
 
Join Date: May 28, 2008
Posts: 1
Default Re: Where do you think gas will top out at in the U.S.?

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!!!
Renegade is offline   Reply With Quote
Old 05-28-08, 07:14 AM   #13
The Devil
EOG Dedicated
 
The Devil's Avatar
 
Join Date: Dec 19, 2005
Location: STATEN ISLAND NY
Posts: 20,982
Default Re: Where do you think gas will top out at in the U.S.?

Quote:
Originally Posted by Hitdogg42 View Post
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................
The Devil is offline   Reply With Quote
Old 05-28-08, 07:22 AM   #14
Reload
EOG Dedicated
 
Reload's Avatar
 
Join Date: Jan 17, 2006
Posts: 24,726
Default Re: Where do you think gas will top out at in the U.S.?

Quote:
Originally Posted by Renegade View Post
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.
__________________
"Sometimes you just gotta say what the fuck...make your move"
Reload is online now   Reply With Quote
Old 05-28-08, 07:24 AM   #15
Reload
EOG Dedicated
 
Reload's Avatar
 
Join Date: Jan 17, 2006
Posts: 24,726
Default Re: Where do you think gas will top out at in the U.S.?

Quote:
Originally Posted by The Devil View Post
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.
__________________
"Sometimes you just gotta say what the fuck...make your move"
Reload is online now   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump


All times are GMT -6. The time now is 06:27 AM.


US CITIZENS PLEASE NOTE: The information contained at this site is for news and entertainment purposes only. Any use of this information in violation of any federal, state or local law is prohibited.
© 2008 Eye on Gambling. LLC , All Rights Reserved sportsbooks , sports betting , sports forums , nfl betting , online gambling , free picks, live lines , gambling and much more only at Eye on Gambling.

Search Engine Friendly URLs by vBSEO 3.0.0 RC3

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41