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Expert: Under $2 Gas Soon
wrva richmond va ^ | 12/15/14 | Andy Doernen

Posted on 12/15/2014 8:22:33 AM PST by central_va

Richmond, Va. (1140wrva.com) Look for gas prices in the area to fall below $2 in the near future. Local gas industry analyst John Zehler, President of wholesaler Virginia Fuels, is predicting under $2 pump prices as the free fall in crude prices continues.

Zehler says the price plunge has been going on for 6 months and it's going to be hard to turn it around until demand catches up with production. He says some folks think, with the current trend, we could see gas fall to $1.60 by the summer but admits it wild speculation.

(Excerpt) Read more at 1140wrva.com ...


TOPICS: Business/Economy; Canada; Culture/Society; Miscellaneous; News/Current Events; Russia; US: Virginia
KEYWORDS: canada; economy; gas; gasoline; oil; opec; russia; venezuela; virginia
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To: Gaffer

Even the Republicans in TN are saying that now might be the time to raise the taxes on gas. As if prices are never going back up.


41 posted on 12/15/2014 9:16:29 AM PST by Blood of Tyrants (Good Muslims, like good Nazis or good liberals, are terrible human beings.)
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To: central_va

NOt in New York - socialist Cuomo imposes way too many taxes.


42 posted on 12/15/2014 9:17:12 AM PST by 1Old Pro
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To: Gaffer

That was the same time period where the DOW fell from 12K down to 6500. Gasoline/oil went up after hurricane Katrina and kept going up with the surge in demand from China, India and other developing countries. It fell to $1.86 in 2008 because of the Great Recession demand in US plummeted.


43 posted on 12/15/2014 9:19:06 AM PST by woodbutcher1963
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To: KeyLargo

...and that is why Tom Petri is out of congress and Glenn Grothman, whose license plate is TAXCUTR is in congress.


44 posted on 12/15/2014 9:19:10 AM PST by MediaMole
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To: rwa265

When gasoline first hit $2.50, I tried taking the bus to work for a couple months.


45 posted on 12/15/2014 9:21:57 AM PST by thackney (life is fragile, handle with prayer.)
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To: Gaffer

Parts of Georgia are down at $2.10

http://www.georgiagasprices.com/


46 posted on 12/15/2014 9:23:41 AM PST by thackney (life is fragile, handle with prayer.)
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To: Gaffer

Hurricane Katrina was August 2005. If you look at Thackney’s chart you will notice the first spike over $3.00/gallon.

It pulled back after that several times, but after that time period was when the surge in Asian demand started.
Back in 1995-2000, China was a country that did not have automobiles unless you were a high party commie. They had bicycles. This growth market is what Saudi Arabia is fighting Russia over. SA is not cutting production in order to hurt Russia & Iran.


47 posted on 12/15/2014 9:30:52 AM PST by woodbutcher1963
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To: central_va

Are these the same experts who were saying it would never get under $3-4 a gallon a few years ago


48 posted on 12/15/2014 9:32:53 AM PST by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

Expert: An individual that has carefully selected his data to back up every misconception he came up with. If any facts are involved it was an error.


49 posted on 12/15/2014 9:47:30 AM PST by JayAr36 (Old enough to remember when this was a free country.)
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To: JayAr36

lol


50 posted on 12/15/2014 9:47:48 AM PST by GeronL (Vote for Conservatives not for Republicans)
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To: central_va

Saw on the news the other day it was $1.99/gallon near Republic MO. Has been in OK in some areas for the past 2 weeks or so.


51 posted on 12/15/2014 10:03:03 AM PST by CARDINALRULES (Tough times never last -Tough people do. DK57 --RIP 6-22-02)
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To: central_va

What an opportunity! Pretend gas is still $3.50 a gallon; invest the difference between that and the actual cost every fill up.


52 posted on 12/15/2014 1:24:10 PM PST by JimRed (Excise the cancer before it kills us; feed & water the Tree of Liberty! TERM LIMITS NOW & FOREVER!)
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To: justlurking

I was rounding up to the next even number.


53 posted on 12/15/2014 2:09:54 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: Texas Eagle
I was rounding up to the next even number.

That's very odd.

54 posted on 12/15/2014 2:10:58 PM PST by justlurking (tagline removed, as demanded by Admin Moderator)
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To: CARDINALRULES

Gas war here in Cent Indiana

$1.90 and dropping fast

I thought I hit is big at $2.12 on Saturday....


55 posted on 12/15/2014 2:13:02 PM PST by nascarnation (Impeach, Convict, Deport)
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To: All

If/when it hits $2/gal around here, I’ll be taking the truck out for her first aimless drive, purely for the pleasure of it since .. well, since GWB was in the WH !


56 posted on 12/15/2014 2:40:22 PM PST by tomkat
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To: tomkat

I have ‘05 Lincoln Aviator in perfect condition that I drive about 40 miles per month. It just uses to much fuel. Well that was then this is now...


57 posted on 12/15/2014 2:42:51 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: JimRed

Yee ha!

58 posted on 12/15/2014 2:44:28 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Not until the holiday travel season is done.


59 posted on 12/15/2014 2:47:01 PM PST by discostu (The albatross begins with its vengeance A terrible curse a thirst has begun)
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To: central_va
Granted, I'm mostly (reluctantly) retired these days, but I honestly can't remember when my little Dakota SXT logged over 100mi in a month.

I fully expect a pointless half-hour's drive thru the country to evoke the same sorta yee ha is your boat above .. lol !

Hard to imagine a better indicator of what the communist maggots have done to our country in six short years . . .

60 posted on 12/15/2014 3:12:48 PM PST by tomkat
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