What will gas top out at this year?

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It will range between $3.25 and $3.75 in downstate IL, higher upstate near and in Chicago. It will be $0.20-0.30/gallon less in MO where I buy most of my gas.
 
Last estimate I heard was that we were going to hit $5/gal within the decade but not within the next few years, i'm thinking about $3.50 on average at peak.
 
I'm no expert, but I think $4/gallon, because it was so 'talked about' during the last run up, is the psychological barrier where people habits start to change drastically.

Anything over $4/gallon, you see car buying habits change, people just drive less, you get a lot of drive-aways at gas stations...'social order' around transport will start 'breaking down' at $4+/gallon.
 
Providing no drastic situation occurs, look for prices to be in the $3.50 to $4.00 + range depending on what part of the country you buy it in.

On top of higher pump prices federal government is talking of increasing fuel prices along with some states.

Because of hybrid vehicles and ones getting better mileage some states have under consideration a annual tax based on miles driven because of dropping tax collections.

Many places have bridges, roads, etc., in bad need of attention and many cities see gridlock during rush hour traffic.

We need more and better roads and public transit like other countries have.
 
"They" tried that a couple of years ago and what has happened since? Economies crashed, big money in to alternative fuels such as natural gas, electric cars, wind energy, conservation, etc. etc., you get my point. OPEC is in business and they learned during that time you can only push so far. I mean, they have psych-ed us out. We are seeing close to 3 bucks a gallon, is the world coming to an end? No, we are slowly being assimulated....Gas prices will slowly rise as to not shock and awe us like what happened a few years ago. They will give us time to adapt to the prices. With that in mind, I don't see it going past 3.50 at THIS point. But, it will be a slow uphill climb, it's just a matter of time until we adapt and convert. OPEC knows our economy is based on oil, and after their little experiment a couple of years ago, they also know the whole world evolves around oil. They don't want to have a total collapse again, so they will do it slowly. I actually think we're back on that shock and awe road again and think that prices will actually start coming down because look what happened since the last couple of years and also back in the 70's, we starter conserving and actually thinking about gas whereas we took it for granted for so long. Drop the prices down, the conservation attitude and the alternative energy idealist will go away. Then crank up the prices again, enjoy the ka-billions they make, watch the world markets for alternative sources and when that whole movement takes off, drop the prices again until it goes away and just repeat the cycle. Eventually, it will steadily go up and that is what they wanted all along.
 
Originally Posted By: javacontour
It will range between $3.25 and $3.75 in downstate IL, higher upstate near and in Chicago. It will be $0.20-0.30/gallon less in MO where I buy most of my gas.



I'm predicting $4.25 this year.

John
 
I wouldn't mind the price per gallon if it was going towards cleaner fuel, and staying in the country. I've decided that if gas gets out of hand (past $4.00), I won't be traveling for vacations any longer. Too much to do within a hundred miles from me, and that includes staying home and relaxing.
 
I'm going with very high $3s. Right now diesel is a bit expensive so they're going to change the refining mix so gas will go up in the short term.

These new turbo cars, imagine a chevy compact with 1.4 liters, not since the chevette, are here and going to change the fleet average for the better. Now if only they could lose some weight...
 
Some say $20 a gallon. ...
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I'm with Schmoe on this. They can't raise it too much too quickly or it will be counter-productive. They have to condition the masses to higher prices and that takes time. The trend is definitely higher, though.
 
Originally Posted By: meangreen01
Originally Posted By: javacontour
It will range between $3.25 and $3.75 in downstate IL, higher upstate near and in Chicago. It will be $0.20-0.30/gallon less in MO where I buy most of my gas.


Big fuel tax difference between IL and MO. In case you didn't know:

http://www.milwaukeegasprices.com/USA_Tax_Map.aspx


I do, but others may not. That's why these numbers are meaningless without knowing the context. I.E. what state. Gas at $3.75 in MO means $4.00 in downstate IL for example. Gas at $3.75 in Hawaii may mean $2.75 in MO.

So the context of the price is important, and that's why I shared that information.
 
Originally Posted By: mikiee
I'm with Schmoe on this. They can't raise it too much too quickly or it will be counter-productive. They have to condition the masses to higher prices and that takes time. The trend is definitely higher, though.

Not a matter of they..its a matter of us How much are we gonna' use. What will that do to this commodity on the open market.
 
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Exactly, I've met "they" and we are "they"
smile.gif


The oil companies control the supply, we control the demand. For short periods of time, speculators can drive the price up or down, but they cannot do that in the long term as the underlying supply and demand is what drives the price trend.

There are many factors figuring into price. Some of them include.

1. The economy is picking up, so folks are anticipating greater demand.

2. Refiners previously had large inventories, so they may not be refining as much.

3. Limits on exploration may be driving the price of crude oil.

4. Weakening dollar. Since oil is priced in dollars, the Fed buying up 1.6 TRILLION in US government debt (spelled printing money) devalues the dollar a bit, driving up the price of crude oil.

I'm sure I've not hit all the factors, but one can see it's not some tin-foil hat conspiracy. It's the market.

Heck, we have four cars in our household, so we use a lot of energy. I doubt we are the only ones with four cars. Some day in the next three years, we'll add another driver to the mix.

The population isn't getting smaller, so demand for energy will continue to rise if we all use energy at the current rate.
 
Originally Posted By: javacontour
Exactly, I've met "they" and we are "they"
smile.gif


The oil companies control the supply, we control the demand. For short periods of time, speculators can drive the price up or down, but they cannot do that in the long term as the underlying supply and demand is what drives the price trend.

There are many factors figuring into price. Some of them include.

1. The economy is picking up, so folks are anticipating greater demand.

2. Refiners previously had large inventories, so they may not be refining as much.

3. Limits on exploration may be driving the price of crude oil.

4. Weakening dollar. Since oil is priced in dollars, the Fed buying up 1.6 TRILLION in US government debt (spelled printing money) devalues the dollar a bit, driving up the price of crude oil.

I'm sure I've not hit all the factors, but one can see it's not some tin-foil hat conspiracy. It's the market.

Heck, we have four cars in our household, so we use a lot of energy. I doubt we are the only ones with four cars. Some day in the next three years, we'll add another driver to the mix.

The population isn't getting smaller, so demand for energy will continue to rise if we all use energy at the current rate.


Bingo

I'd add:

5. Increase in in worldwide demand.
 
Originally Posted By: javacontour
I've met "they" and we are "they"
smile.gif



That's sigline material right there.
 
Originally Posted By: Samilcar
Originally Posted By: javacontour
I've met "they" and we are "they"
smile.gif



That's sigline material right there.


It's my personal take on the following regarding the comic strip character Pogo

Originally Posted By: wikipedia


"We have met the enemy..."
Pogo daily strip from Earth Day, 1971.

Probably the most famous Pogo quotation is "We have met the enemy and he is us." Perhaps more than any other words written by Kelly, it perfectly sums up his attitude towards the foibles of mankind and the nature of the human condition.

The quote was a parody of a message sent in 1813 from U.S. Navy Commodore Oliver Hazard Perry to Army General William Henry Harrison after the Battle of Lake Erie, stating "We have met the enemy, and they are ours." It first appeared in a lengthier form in A Word to the Fore, the foreword of the book The Pogo Papers, first published in 1953. Since the strips reprinted in Papers included the first appearances of Mole and Simple J. Malarkey, beginning Kelly's attacks on McCarthyism, Kelly used the foreword to defend his actions:
“ Traces of nobility, gentleness and courage persist in all people, do what we will to stamp out the trend. So, too, do those characteristics which are ugly. It is just unfortunate that in the clumsy hands of a cartoonist all traits become ridiculous, leading to a certain amount of self-conscious expostulation and the desire to join battle.

There is no need to sally forth, for it remains true that those things which make us human are, curiously enough, always close at hand. Resolve then, that on this very ground, with small flags waving and tinny blast on tiny trumpets, we shall meet the enemy, and not only may he be ours, he may be us.

Forward!


—Walt Kelly, June 1953

The finalized version of the quotation appeared in a 1970 anti-pollution poster for Earth Day, and was repeated a year later in the strip reprinted here. The slogan also served as the title for the last Pogo collection released before Kelly's death in 1973, and of an environmentally-themed animated short on which Kelly had started work, but which ill health prevented him from finishing.

* In the 1972 film The War Between Men and Women, Dr. Joyce Brothers misattributes the line to Charlie Brown of Peanuts.
* In 1998, OGPI (Okefenokee Glee & Perloo, Incorporated, the corporation formed by the Kelly family to administer all things Pogo) dedicated a plaque in Waycross, Georgia, commemorating the quote.
* Perhaps the second best-known Walt Kelly quotation is another one of Pogo's philosophical observations: "Don't take life so serious, son. It ain't nohow permanent." Kelly's widow Selby re-used the line as a tribute, in a poignant daily strip which ran on Christmas Day, 1973—two months after Kelly's death.
 
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