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How High Will Gas Prices Rise This Summer?
The Wall Street Journal ^
| May 2, 2007
| ANA CAMPOY
Posted on 05/01/2007 10:41:36 PM PDT by MinorityRepublican
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To: MinorityRepublican
2
posted on
05/01/2007 10:44:39 PM PDT
by
al baby
(Hi mom)
To: MinorityRepublican
I guess I should consider myself fortunate that I only use 12 gallons a month driving to and from work.
3
posted on
05/01/2007 10:51:25 PM PDT
by
AlaskaErik
(Run, Fred, run!)
To: al baby
It ain’t going to be pretty but whatever supply and demand dictates is going to be it.
What really kills me is the MSM rarely points out the governments profits per gallon of gas (more than the gas companies I believe) and it’s pain at the pump.
I live in Washington state and they are running surpluses but our democrat governor refused to roll back the new gas taxes. Add in the special blend required to make lawmakers feel more green and it’s a recipe for some of the highest prices in the country.
I can’t wait for the technology to arise that reduces our dependence on oil. I will enjoy my V8 until then.
4
posted on
05/01/2007 10:51:26 PM PDT
by
volunbeer
(Dear heaven.... we really need President Reagan again!)
Comment #5 Removed by Moderator
To: al baby
That’s probably about right - somewhere between $3.50 and $4.25 / gallon (speaking of the Midwest).
6
posted on
05/01/2007 11:02:04 PM PDT
by
jdm
Comment #7 Removed by Moderator
To: MinorityRepublican
Not only gas prices, but propane. Just got a pre-buy notification to buy now for next winter because prices will probably go up because of oil prices on the rise. So, will go pre-buy at 1.55 for 500 gallons. Also, just think if another hurricane hits..........
8
posted on
05/01/2007 11:08:36 PM PDT
by
Danette
("If we ever forget that we're one nation under God, then we will be a nation gone under.")
To: MinorityRepublican
9
posted on
05/02/2007 12:48:13 AM PDT
by
2ndDivisionVet
(Nancy Pelosi: The Babbling Bolshevik Babushka from the City by the Bay.)
To: volunbeer
I cant wait for the technology to arise that reduces our dependence on oil. I will enjoy my V8 until then.When that happens, you'll be able to enjoy your V8 a lot more for less. Gas won't go away, just the demand.
Yet I suspect a lot of folks will find that they can't walk away from their V8s.
At least until some liberal outlaws them.
10
posted on
05/02/2007 1:56:01 AM PDT
by
Caipirabob
(Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
To: MinorityRepublican
How big of a recession do you want?
11
posted on
05/02/2007 2:31:32 AM PDT
by
Waco
To: GreenThumb420
I disagree with you. "Peak oil" is being thoroughly debunked even as we speak.
The rise in gas prices is directly linked to two things: 1) seasonal changes at refineries, and 2) rising oil prices due to the weakness of the U.S. dollar. It's really that simple.
To: Alberta's Child
Prices rose around 20 cents just last night...around $3.15 in Indiana.
To: MinorityRepublican
We keep hearing about the "increase in demand" for fuel; presumably, people are using more of it, and that's subsequently causing the price of fuel to rise.
This is largely anecdotal, but I don't feel like I'm using more fuel...people I know, people I work with, and friend I have don't seem to be using more fuel. I don't hear of any more vacations, more trips, less car-pooling, or necessarily larger vehicles--what's driving the increase in demand? More drivers on the road?
Personally, I think that the media drives the hysteria, and gas prices follow.
14
posted on
05/02/2007 5:43:56 AM PDT
by
Lou L
To: MinorityRepublican
It will hit $4 in the midwest briefly under normal circumstances.
15
posted on
05/02/2007 5:45:22 AM PDT
by
mysterio
To: MinorityRepublican
Enough to make a real difference......
To: al baby
Octane 87 is $3.60 a gallon on the street here in Eureka. $3.50 at Costco. My wife's car demands octane 97 at $3.70...
To: Lou L
I think they are mainly talking about the growth in demand internationally. There is some increase in demand in the U.S. too, but not a huge amount. Most of us already have cars, but of course or population is slowly growing and that’s going to increase demand even if individually we don’t use more fuel. Things are different in countries like India and China. In these countries only a relatively tiny percentage of the people have cars. Both countries have booming economies though with growing middle classes and upper classes that can afford cars. More and more people in these developing nations are buying cars and other vehicles and so on that burn petroleum based fuels. Booming industries in those nations also drink up a lot of fuel, as do the trucks and boats and planes that ship out all the products being made. This is all likely to continue. It is what is really driving world demand on up, which tightens the fuel supply everywhere, driving up prices for all of us.
18
posted on
05/02/2007 11:19:19 AM PDT
by
TKDietz
(")
To: MinorityRepublican
Thanks to the demoncrats, we dont drill for oil nearer to the US, we have too many blends of gas to “save mother earth”, and heaven forbid,and we are not building more refinery capacity when we need it! The US deserves what it gets when it elects idiots like House Speaker Ms Dingbat and Senate Majority Leader Pruneface!
19
posted on
05/02/2007 11:38:46 AM PDT
by
texson66
("Tyranny is yielding to the lust of the governing." - Lord Moulton)
Comment #20 Removed by Moderator
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