View Poll Results: How high will gas prices (per gallon) go this year?

$4.25

19.23%

$4.50

19.23%

$4.75

23.08%

$5.00

15.38%

$5.25

11.54%

Higher

7.69%

Won't even hit $4

3.85%

I have another prediction. See my post below

Voters: 26. You may not vote on this poll

Highest gas prices ever!

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Feb 19, 2012 | 04:04 PM

#11

Matt_in_VA

Joined: Apr 2003

Posts: 12,942

Likes: 777

From: Clifton, VA

Quote:

Originally Posted by Emil St-Hilaire

In my neck of the woods,we're already paying $1.36 a liter,for regular,x4+/-=$5.44...

Emil,

I am curious if where you live the gas prices fluctuate depending not only on the day of the week but also the time of the day? I was surprised to learn that in Ottawa they do. The best time to fill up is around Mid-night on Wednesday.

Feb 19, 2012 | 04:07 PM

#12

Matt_in_VA

Joined: Apr 2003

Posts: 12,942

Likes: 777

From: Clifton, VA

Quote:

Originally Posted by Morris

I think it will exceed 4 bucks, but don't forget it's an election year. At 5 bucks too many politicians would be in fear of not getting re-elected. The President included.

But what does the price of gas in the free market have to do with politics?

It is too bad that they cannot come up with a wheeled vehicle that runs on HOT AIR, The "so called" leadership in Washington (on both sides of the aisle)could solve our energy dependence problem.

Feb 20, 2012 | 06:46 AM

#13

trapper

Joined: Oct 2005

Posts: 2,408

Likes: 14

From: Exeter, NH

Quote:

Originally Posted by Matt_in_VA

.....It is too bad that they cannot come up with a wheeled vehicle that runs on HOT AIR, The "so called" leadership in Washington (on both sides of the aisle)could solve our energy dependence problem.

I couldn't agree more.

Feb 20, 2012 | 06:50 AM

#14

SheDrivesIt

Joined: Dec 2004

Posts: 10,061

Likes: 324

From: Land of Cincinnati Chili

Of course the release of that news caused fuel in my area to jump from $3.119 to $3.499 for regular. What a scam.

Feb 20, 2012 | 07:04 AM

#15

Conedodger

Joined: Jul 2003

Posts: 13,471

Likes: 35

From: Upstate NY

Quote:

Originally Posted by SheDrivesIt

Of course the release of that news caused fuel in my area to jump from $3.119 to $3.499 for regular. What a scam.

Still cheap...with NY taxes, I'm paying $3.799 for regular. Will be putting a lot of miles on the motorcycle again this year.

Feb 20, 2012 | 08:34 AM

#16

mns2k

Registered User

Joined: Oct 2000

Posts: 4,193

Likes: 0

From: Denton, Texas

Quote:

Originally Posted by trapper

Yeah ...I think it will get to $5 [at least for 92~93 octane] and maybe even for the lower grades. Got an interesting article a few weeks ago from an internet news digest I subscribe too. I think it's a reliable story but haven't been able to confirm it [and I'll admit I didn't look too hard]. Anyway guess what the USA's largest export product currently is: Oil products, including gasoline. Refiners et al make more money shipping the stuff overseas than can selling it here.

Also we do not consume all that we produce. Excess needs to go some where and it does help the balance of trade. Also the price of oil (by default the price of gas) is controlled by the futures market and for the most part reflects only speculation and not true demand.

Feb 20, 2012 | 08:59 AM

#17

Morris

Registered User

Joined: Oct 2000

Posts: 7,401

Likes: 1,104

From: Napa

President can release gas from the national reserve. More availability means lowered price. (in theory)

Feb 20, 2012 | 09:00 AM

#18

trapper

Joined: Oct 2005

Posts: 2,408

Likes: 14

From: Exeter, NH

Quote:

Originally Posted by mns2k

Quote:

Originally Posted by trapper' timestamp='1329664300' post='21428986

...Got an interesting article a few weeks ago from an internet news digest I subscribe too. I think it's a reliable story but haven't been able to confirm it [and I'll admit I didn't look too hard]. Anyway guess what the USA's largest export product currently is: Oil products, including gasoline. Refiners et al make more money shipping the stuff overseas than can selling it here.

All true... especially, in my opinion, the speculation part.

Here's one of the original sources about USA oil exports.

http://www.usatoday.com/money/indust...ort/52298812/1