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$3 Gas prices on the horizon?
Posted on 5/3/18 at 1:28 am
Posted on 5/3/18 at 1:28 am
quote:
There's a good chance you'll soon see regular gas selling for $3 a gallon.
Concerns that President Donald Trump is about to impose new sanctions on Iran have sent oil prices climbing, and gas prices are coming along for the ride.
The national average price is up to $2.81 a gallon according to AAA, an increase of 3 cents in the last week, and 15 cents in the last month. This is the highest prices have been since 2014.
quote:
And more price hikes are on the horizon. The Oil Price Information Service, which tracks prices for AAA, expects the national average to rise to about $3 a gallon sometime this month. The good news is that prices are likely to creep lower once they reach that peak.
Related: Oil markets brace for Trump to kill Iran deal
"Most of this recent increase has to do with speculation that the Trump administration will take a hard line with Iran," said Tom Kloza, chief oil analyst for OPIS. The president has until May 12 to decide whether the US will stay in a deal with Iran meant to curb its nuclear program, or pull out of the agreement and once again impose sanctions on the country.
That deadline is adding to normal seasonal increases in prices. The month before Memorial Day is historically a period when prices climb as refiners and gas stations prepare for the summer driving season.
LINK
Shine em up baws
This post was edited on 5/3/18 at 1:29 am
15
Posted on 5/3/18 at 1:33 am to TJGator1215
Good. It'll keep all the poors (with the exception of oil field baws) off the roads. I wish gas was $10/gallon. It would keep the trash from clogging up the roads they didn't pay for.
This post was edited on 5/3/18 at 1:34 am
Posted on 5/3/18 at 2:01 am to TJGator1215
I pay $3.30 for Premium. 
Posted on 5/3/18 at 5:13 am to TJGator1215
Thanks Obama
Posted on 5/3/18 at 5:35 am to TigersSEC2010
I agree with $10 a gallon. Makes my 401 sky high.
Posted on 5/3/18 at 6:21 am to TJGator1215
$3.00 is nothing, this crash has reduced capex enough globally that $5.00 is a certianty in the next 48 months.
Posted on 5/3/18 at 6:34 am to TigersSEC2010
quote:
Good. It'll keep all the poors (with the exception of oil field baws) off the roads. I wish gas was $10/gallon. It would keep the trash from clogging up the roads they didn't pay for.
That's a great mindset. Except for the fact it would crush business's, especially small, and raise price on all goods.
Oil companies would never do it because everyone would go electric just to survive.
Posted on 5/3/18 at 6:52 am to YNWA
quote:
Oil companies would never do it because everyone would go electric just to survive.
Like Bob Dylan?
Posted on 5/3/18 at 6:54 am to TigersSEC2010
I hate when people on here say they like cheap gas. I guess they hate Louisiana too because our state goes into a depression when gas falls below $2.50 a gallon
Posted on 5/3/18 at 6:58 am to TJGator1215
Well it’s been $4 before so I’m sure $3 isn’t out of the question
Posted on 5/3/18 at 6:59 am to YNWA
You are a ruhtard
Posted on 5/3/18 at 7:10 am to el Gaucho
quote:
I hate when people on here say they like cheap gas. I guess they hate Louisiana too because our state goes into a depression when gas falls below $2.50 a gallon
That's only because our spending has far outpaced inflation.
Posted on 5/3/18 at 7:16 am to TJGator1215
Here comes the oil guys bragging about banging sluts and buying truck nuts. They are as bad as real estate agents.
Posted on 5/3/18 at 7:20 am to TJGator1215
Fuk the oilfield baws. Low gas prices helps the rest of the economy more than it hurts the truck nut baws
This post was edited on 5/3/18 at 7:21 am
Posted on 5/3/18 at 7:30 am to celltech1981
You don’t understand how this works do you?
Posted on 5/3/18 at 7:37 am to YNWA
quote:
Oil companies would never do it because everyone would go electric just to survive.
You are an idiot
Posted on 5/3/18 at 7:38 am to el Gaucho
quote:
I hate when people on here say they like cheap gas. I guess they hate Louisiana too because our state goes into a depression when gas falls below $2.50 a gallon
Maybe Louisiana shouldn't rely so much on one industry.
Posted on 5/3/18 at 7:40 am to TJGator1215
Maybe, but just briefly as oil gets into the $70-$75 range and then falls again.
Posted on 5/3/18 at 7:47 am to el Gaucho
quote:Diversify your economy before you end up as West Virginia 2.0.
I hate when people on here say they like cheap gas. I guess they hate Louisiana too because our state goes into a depression when gas falls below $2.50 a gallon
Posted on 5/3/18 at 7:50 am to el Gaucho
quote:
I hate when people on here say they like cheap gas. I guess they hate Louisiana too because our state goes into a depression when gas falls below $2.50 a gallon
the 5 million people in the Louisiana are a minority when it comes to lower gas prices. Nobody wants to pay more for this shite. The other 300+ million americans don't want high gas prices dude
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