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Christmas Day gas price prediction thread

Posted on 8/6/26 at 12:33 pm
Posted by JackaReaux
BR
Member since Feb 2017
1060 posts
Posted on 8/6/26 at 12:33 pm
National average currently sits at $4.06

My gas prediction for Christmas Day is $3.25

I think this Iran shite will be wrapped up by Halloween
Posted by ronricks
Member since Mar 2021
13188 posts
Posted on 8/6/26 at 12:35 pm to
quote:

I think this Iran shite will be wrapped up by Halloween


Remember when it was supposed to last "two weeks"

Now, you are predicting Halloween? Wow.
Posted by JackaReaux
BR
Member since Feb 2017
1060 posts
Posted on 8/6/26 at 12:37 pm to
After the election I started a thread predicting that the fighting in Ukraine and Palestine would be over by June 2025. Others said it would be over as soon as DJT took office. Maybe I need to slow down on the optimism
Posted by tarzana
TX Hwy 6-- the Brazos River Valley
Member since Sep 2015
32723 posts
Posted on 8/6/26 at 12:43 pm to
$5.69 in Texas
Posted by Knight of Old
New Hampshire
Member since Jul 2007
13192 posts
Posted on 8/6/26 at 12:50 pm to
From your mouth to God’s ears…
Posted by TenWheelsForJesus
Member since Jan 2018
11692 posts
Posted on 8/6/26 at 12:58 pm to
quote:

Remember when it was supposed to last "two weeks"


No, I don't, since Trump himself said it would take longer than that.
Posted by hogcard1964
Alabama
Member since Jan 2017
21353 posts
Posted on 8/6/26 at 12:59 pm to
quote:

I think this Iran shite will be wrapped up by Halloween


Zero chance that happens.
Posted by TenWheelsForJesus
Member since Jan 2018
11692 posts
Posted on 8/6/26 at 1:01 pm to
I'm predicting $10. All the drama queens haven't been ridiculously wrong - they just haven't been right yet.
Posted by Potchafa
Avoyelles
Member since Jul 2016
4618 posts
Posted on 8/6/26 at 1:49 pm to
Gas price people!! LOL!!
Seriously bruh?!
Man. Go cut the grass or watch some porn. Damn. Worried about this four months from now.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
40766 posts
Posted on 8/6/26 at 2:12 pm to
quote:

I think this Iran shite will be wrapped up by Halloween



Posted by ronricks
Member since Mar 2021
13188 posts
Posted on 8/6/26 at 2:55 pm to
quote:

Man. Go cut the grass or watch some porn. Damn. Worried about this four months from now.

Were you saying this under the Biden Administration?
Posted by Violent Hip Swivel
Member since Aug 2023
9979 posts
Posted on 8/6/26 at 3:04 pm to
Gas prices are about to shoot down like a rocket that's shooting down once this Strait re-opens, buckle up and enjoy the ride!!!
Posted by Dog Tree
Member since Sep 2019
621 posts
Posted on 8/6/26 at 3:09 pm to
Current prices for regular unleaded on 8/6/26.
Sams Club Kenner $3.239
Costco Nola $3.229
Posted by ragincajun03
Member since Nov 2007
29799 posts
Posted on 8/6/26 at 3:10 pm to
$350/gallon
Posted by jonnyanony
Member since Nov 2020
15369 posts
Posted on 8/6/26 at 3:33 pm to
quote:

National average currently sits at $4.06

My gas prediction for Christmas Day is $3.25


Gas prices hit a low generally between December and February, so if Iran is wrapped up average ppg should be much lower.

It was even lower in Biden's last December.
This post was edited on 8/6/26 at 3:35 pm
Posted by weadjust
Member since Aug 2012
15811 posts
Posted on 8/6/26 at 3:42 pm to
quote:

My gas prediction for Christmas Day is $3.25


It's $3.37 today in my area (MS) at Murphy. With my .10 Walmart+ discount $3.27.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
8076 posts
Posted on 8/6/26 at 3:44 pm to
Roughly, $1 change in crude oil shifts pump prices by 2.4 cents.

Since the beginning of this year, how crude oil is refined and delivered to international endpoints have changed dramatically. Oil today is at $78, just about the bottom price between 2022 to 2024. Before those dates, it was in the $46 to $65 range, excluding COVID.

Given the above, the price at the pump should be back in the $2.90 to $3.25 range. However, what is factoring into today’s price is the uncertainty of Strait of Hormuz AND the rerouting of crude oil sources to refineries to the end points mentioned above. Given that pump prices tend to shot up very quickly when crude oil price spikes, but falls down slowly as stations protect their profit margins when crude drops, we are experiencing that slow fall.

By Xmas, given the same circumstances today geo-politically and economics, I believe price at the pump will be down 25 to 50 cents from today. Strait works itself out and refineries don’t blow up, maybe better.

Long-term, I can see oil back in the $50-$60 range. Alternatively routes to the Straits, other refineries outside of the Middle East come online, alternative energies and so on.
Posted by lake chuck fan
Vinton
Member since Aug 2011
24829 posts
Posted on 8/6/26 at 3:46 pm to
Price per barrel already back down....
Whatever Trump needs to do between now and November to keep the price down, he will...
Posted by LivingstonLaw
Livingston County
Member since Jul 2021
3557 posts
Posted on 8/6/26 at 3:56 pm to
Remember when Taco Bell had the 59, 79, and 99 cent menu?
Posted by dgnx6
Member since Feb 2006
91454 posts
Posted on 8/6/26 at 4:21 pm to
quote:

tarzana



quote:

highest recorded average price

Regular Unleaded $5.0165 6/14/22




Gas is down $0.02 from yesterday.


In 2012 it got up to $3.96.

quote:

$3.96 in 2012 is equivalent in purchasing power to approximately $5.76 today.



Gas is high as frick when a Dem is president.


This post was edited on 8/6/26 at 4:25 pm
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