Posted on 10/11/2006 9:39:13 AM PDT by BenLurkin
Just my opinion of course. Color me skeptical (or maybe just pessimistic)
Nope you are right. This is an unusually rosy outlook.
Sometime next year you are going to see a $1.95 price on a gas pump.
Damn. I've been paying $1.93 at WalMart.
Umm... we already have that here in the DFW area.
If true...and I believe it could very well be true...this will TANK chavez BIG TIME!!!
And both of my Jaguars are very, very happy about that - because now they get unleashed more often. :)
The Holy Guru of oil, Boone Pickens, declared oil would hit $70 before oil hit $50 on the trusted news source, CBNC> Thus, oil prices are set in stone, the bushing bush, Pickens degreed it...
Yep. Around Atlanta it's easy to find $1.90-$1.95 gasoline. Of course the major media which counted every cent when prices were increasing have yet to stumble over the story of gasoline's plunging prices. When televised news manages to comment, the video always seems to show the price of premium just to make good news look not so good.
Bushs' fault?
The incident triggered a mild form of posttraumatic stress that he keeps in check with low doses of antidepressants. The pills, he insists, do not affect his outlook on the long-term health of the world oil supply.
Hey folks! He suffers from a mental illness! And he's on drugs! But, hey, that's no reason to discount his theory ...
Why would a journalist throw such a slam into an "objective" news story??
Let's poll all the minority views of all the experts. Since we are all expert, although some may have more data than others, the best poll would be the NYMEX, which is everybody's opinion expressed in cold, hard cash with some margin for the richer, more venturesome players. NYMEX says 58.50 to 62.00 for the months ahead. What it will be in two years not even the experts wish to guess--not where it counts.
It will never drop to the $20s while it is the energy monopoly. It will only drop to the $20s when the market produces a competitor.
ping
I predict that it will happen before the end of the year - but I don't live in Mass. $1.98 is the cheapest in my neighborhood at the moment.
"Oil, at a recent $66.50 a barrel, will fall to $45 by mid-2007 and could dip briefly into the 20s in 2008."
From Helman's mouth to God's ear. :-]
Although, as many have pointed out, they are already paying under two bucks a gallon and the national average is around 2.25 now.
Umm...several places here were $1.93 last week.
Well we are Not there yet here on the Left Coast, but ARCO & Valermo stations now under 2.50.
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