To: All
If you want to know what gas prices are doing in real time, check here.
NY Mercantile Exchange Unleaded Gaoline Futures
The futures prices typically show up at the pump about 3-5 days later. You'll have to gauge the amount of taxes + retail markup for your areas to add to the futures price.
To: AmericaUnited
I have a friend that lost his hyde playing the futures market. I wouldn't bet on $2:00 a gallon by Thanksgiving. That being said the rule on any products price is supply and demand. With the new hybrid cars, and hydrogen cars, and electric cars the demand will slowly decrease even though this will take years. If things become stable in Iraq, and they open up more of the northern Russian oil lines the supply will be there. There are a lot of factors to be taken, but by 2020 I doubt that the United States will have a gun held to its head anymore in regards to oil. There is always solar, nuclear, hydro, coal, ethanol, ect. We just have to learn to take advantage of all that is out there. "Don't put all your eggs in one basket" as they say.
53 posted on
08/30/2006 6:26:46 PM PDT by
political1
(Altamont Rock Concert)
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