Thursday Gas Prices.....
- Thread starter alaskaman
- Start date
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$1.69-$1.80 for regular grade from Raleigh-to-Fayetteville NC here on the East Coast.
Not bad really. Like I said in an earlier post - If you were to factor out 9/11, Iraq and Afghanistan, then oil "should" be around $60 a barrel today based on its growth from 1970-1980-1990, and would make gas right around $2.00 in most places outside of NYC and LA (and Alaska and Hawaii too I guess).
The speculators did us no favors by running up the futures to $145 a barrel this past summer, but the low prices right now are certainly an indirect result of that time period. If The Messiah can calm the economy down and reinstill some confidence in consumers, I expect $2 a gallon is about where it'll land for a little while. Depends on demand really.
Not bad really. Like I said in an earlier post - If you were to factor out 9/11, Iraq and Afghanistan, then oil "should" be around $60 a barrel today based on its growth from 1970-1980-1990, and would make gas right around $2.00 in most places outside of NYC and LA (and Alaska and Hawaii too I guess).
The speculators did us no favors by running up the futures to $145 a barrel this past summer, but the low prices right now are certainly an indirect result of that time period. If The Messiah can calm the economy down and reinstill some confidence in consumers, I expect $2 a gallon is about where it'll land for a little while. Depends on demand really.
Clemsonfan15
New member
RonMAIDEN said:
Nice.
I got mine for $1.58 yesterday. I'm sad to see them going back up.
Didn't OPEC cut two million barrels per day? They said it was to help stabilize the economy or something? Someone want to explain this to me?
4Evr4RunN3R
New member
RonMAIDEN said:
:iagree:
after 3 dollars it starts to pinch my wallet a bit.
Quatre Coureur
New member
^Man no kidding! I just paid $4.09 for premium today... :sobbing:
