Actually, here the gas prices just plummeted 35 cents...
I’m predicting back to $2.60 by July...
‘ I’m predicting back to $2.60 by July...’
Based on?
Wishful thinking no doubt..During this speech it jumped between $6-8 a barrel..
“Actually, here the gas prices just plummeted 35 cents...
I’m predicting back to $2.60 by July...”
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Back in the real world, oil analysts are predicting oil prices as high as $200 a barrel by this Summer. That will translate into gasoline at $8-$10 a gallon.
I’m seeing the same thing here in Texas.
I’m predicting back to $2.60 by July...
The current battle with Iran will be over. There will be some sort of agreement to keep Iran from rebuilding its weapons systems. The U.S. or some of our allies are likely to control the Iranian Oil supply. The Straits of Hormuz will be open and the threat of closure removed.
Oil prices will plummet.
Good for you; they just went up here...again in a very short time. Now, our local prices are not nearly as bad as some, but they are now higher than they were a very short time ago. I’m debating as to whether it is wise to fill up as soon as possible before it gets much higher, or to wait in hopes that prices will soon start down again. Right now, it’s just a guessing game here.
Gas in my area is over $5 per gallon.
I paid $2.97/gal in Springfield MO last weekend. It’s like the price manipulation never happened.
That’s all this is - price manipulation. We import 0.0% of our oil from Iran and very little from the Persian Gulf.
They did it in Covid and under Biden and they’re doing it again - because they can. But it cost absolutely no more to produce and deliver a gallon of gas today than it did the day before the war started. At least we’re getting something in return this time.