Hurricane coming! Whats your bet on gas prices?? - Page 2 - TriStateTuners.com :: Home of Tristate Auto Enthusiast

05suby · 08-30-2008, 05:47 PM

Quote:

Originally Posted by CleanNeon98

they will use any excuse to raise the prices. Im just gonna stop buying gas, **** the government.

i agree. they use anything to raise them. just look now, its the holiday weekend, they went up a little.

05suby · 08-30-2008, 05:48 PM

Quote:

Originally Posted by DreWRX

I say we start drillin in Alaska already, I saw the governor of Alaska today on CNN, shes taking the us government to court because they wont ****in drill and Alaska wants them to. . .I'm all for that **** too!

the best part, is she might be the new vp.

NickS · 09-01-2008, 03:20 AM

Definitely topping off my tank today before the prices go sky high.

bastid · 09-01-2008, 12:27 PM

That depends... crude oil prices went down on the market Friday due to Gustav not gathering as much strength as anticipated. It's a bull**** game they are playing and they are beginning to get called for it. My guess is we see a <10% hike and then have it settle back on a downward trend.

012.5RS · 09-01-2008, 12:50 PM

Quote:

Originally Posted by DreWRX

I say we start drillin in Alaska already, I saw the governor of Alaska today on CNN, shes taking the us government to court because they wont ****in drill and Alaska wants them to. . .I'm all for that **** too!

id drill her...

Mensaf · 09-01-2008, 03:09 PM

If it really hits $5 a gallon, I think I'm going to invest in a motorcycle and get rid of all my cars. I'll use public transportation or something when it rains/snows. I'd understand if there was a need to raise prices due to a shortage or something, but every quarter oil companies report record profits. That means that they've made more money than they ever had before every damn financial quarter. It's ridiculous. I remember when the last hurrican made fuel priced jump up overnight to around what they are now two or three years ago. It cost me almost $80 to fill up my VR-4 at the time, and that was unheard of. They're gonna have to raise that damned minimum wage to $10 an hour soon.

DPancoast · 09-02-2008, 12:02 AM

Not going to skyrocket. They shut down offshore platforms and futures still went down.

bastid · 09-02-2008, 03:48 PM

Crude oil sunk again today. They are calling it to hit $100 a barrel in the near future. From a gas pricing perspective, the last time it was this "cheap" we were in the high-$2s low-$3s per gallon at the pump if I recall correctly.

TGilb2007 · 09-02-2008, 04:11 PM

Quote:

Originally Posted by bastid

Crude oil sunk again today. They are calling it to hit $100 a barrel in the near future. From a gas pricing perspective, the last time it was this "cheap" we were in the high-$2s low-$3s per gallon at the pump if I recall correctly.

Talk for a little while was it crashing to something insane, like $30-40 a barrel, which would KILL the global economy (not literally, but it wouldn't be pretty). I just hope it settles in around maybe $80-100, keep gas prices somewhere in the mid $2-low $3/gallon range. That, I can afford. Not that $4.18/gallon crap that was in Providence for a while.

twastheglow · 09-02-2008, 04:15 PM

Quote:

Originally Posted by TGilb2007

Talk for a little while was it crashing to something insane, like $30-40 a barrel, which would KILL the global economy (not literally, but it wouldn't be pretty). I just hope it settles in around maybe $80-100, keep gas prices somewhere in the mid $2-low $3/gallon range. That, I can afford. Not that $4.18/gallon crap that was in Providence for a while.

You guys seem to be more informed on the subject than I am. What is the liklihood really of it settling in that low?

TGilb2007 · 09-02-2008, 04:18 PM

Quote:

Originally Posted by twastheglow

You guys seem to be more informed on the subject than I am. What is the liklihood really of it settling in that low?

Friend of mine pays REALLY close attention to the oil markets (he works in the finance industry).

Hitting $40-30 a barrel really is unlikely, but there is a pretty strong chance that $100 a barrel is possible around Jan. (at least, that is what he is telling me, and he is usually pretty close to being right, since this is really all he does).

twastheglow · 09-02-2008, 04:19 PM

Quote:

Originally Posted by TGilb2007

Friend of mine pays REALLY close attention to the oil markets (he works in the finance industry).

Hitting $40-30 a barrel really is unlikely, but there is a pretty strong chance that $100 a barrel is possible around Jan. (at least, that is what he is telling me, and he is usually pretty close to being right, since this is really all he does).

When I wrote that, I meant the $80-100 mark, not $30-40. So, if it does hit $100 and stay there for a bit, what does that equal @ the pump?

twastheglow · 09-02-2008, 04:20 PM

And why by January? That's still quite a ways away.

poolmike · 09-02-2008, 04:48 PM

I am quite shocked. I remember oil companies using Katrina as an excuse for a major price hike. Looks like we were spared.

09-01-2008, 03:20 AM	#23
NickS Tri-State Aficionado Join Date: Nov 2007 Location: Endwell, NY Member #6196 My Ride: 2005 Mustang GT iTrader: (0)	Definitely topping off my tank today before the prices go sky high. __________________ S197 GT

09-01-2008, 12:27 PM	#24
bastid Tri-State Addict Join Date: Apr 2006 Member #1732 My Ride: 2008 BMW M3 iTrader: (0)	That depends... crude oil prices went down on the market Friday due to Gustav not gathering as much strength as anticipated. It's a bull** game they are playing and they are beginning to get called for it. My guess is we see a <10% hike and then have it settle back on a downward trend. __________________ 2008 BMW ///M3 Coupe: Alpine White on Extended Fox Red Novillo Leather Factory Options: Premium Package : M-DCT : 19" Alloys : Technology Package : Bi-Xenon : Heated Seats : EDC : Premium Audio : iPod/USB Adapter Modifications:** APE Performance S65B40 Air Filter : Fabspeed X-pipe : Remus Race Muffler

09-02-2008, 03:48 PM	#28
bastid Tri-State Addict Join Date: Apr 2006 Member #1732 My Ride: 2008 BMW M3 iTrader: (0)	Crude oil sunk again today. They are calling it to hit $100 a barrel in the near future. From a gas pricing perspective, the last time it was this "cheap" we were in the high-$2s low-$3s per gallon at the pump if I recall correctly. __________________ *2008 BMW ///M3 Coupe: Alpine White on Extended Fox Red Novillo Leather Factory Options:* Premium Package : M-DCT : 19" Alloys : Technology Package : Bi-Xenon : Heated Seats : EDC : Premium Audio : iPod/USB Adapter Modifications: APE Performance S65B40 Air Filter : Fabspeed X-pipe : Remus Race Muffler

09-02-2008, 04:48 PM	#34
poolmike Tri-State Post Whore Join Date: Jun 2005 Location: Richboro Member #543 My Ride: '68 Kaiser M715/ '37 Ford truck/'47 Dodge truck iTrader: (0)	I am quite shocked. I remember oil companies using Katrina as an excuse for a major price hike. Looks like we were spared. __________________ 2012 Honda Accord Touring 1968 Kaiser M715 FrankenJeep 1947 Dodge 1.5 Ton Resto-mod 1937 Ford pick-up 1950 Crosley Farm-o-Road

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09-01-2008, 03:09 PM	#26
Mensaf Tri-State Aficionado Join Date: Aug 2007 Location: Clifton, NJ Member #5497 My Ride: '92 Subaru SVX iTrader: (0)	If it really hits $5 a gallon, I think I'm going to invest in a motorcycle and get rid of all my cars. I'll use public transportation or something when it rains/snows. I'd understand if there was a need to raise prices due to a shortage or something, but every quarter oil companies report record profits. That means that they've made more money than they ever had before every damn financial quarter. It's ridiculous. I remember when the last hurrican made fuel priced jump up overnight to around what they are now two or three years ago. It cost me almost $80 to fill up my VR-4 at the time, and that was unheard of. They're gonna have to raise that damned minimum wage to $10 an hour soon.