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What is a realistic estimate for prices at the pump
Posted on 10/6/22 at 7:12 am
Posted on 10/6/22 at 7:12 am
Once the strategic reserves stop being released and the 2 million bpd cut starts happening? 
17
Posted on 10/6/22 at 7:15 am to RoosterCogburn585
Just guessing, but we are going over $4 for sure...
Posted on 10/6/22 at 7:17 am to moneyg
I predict the national average will be > $6.50 by EOY, .... > $8.50/gal on the west coast
Stupid regulations .....
Stupid regulations .....
This post was edited on 10/6/22 at 7:19 am
Posted on 10/6/22 at 7:18 am to RoosterCogburn585
I'm sure price records will fall everywhere. But people will cut back driving to the extent they can, thus lowering demand, and the rest of the economy will feel the ripple effects of less travel. A pretty bad combination.
Posted on 10/6/22 at 7:19 am to RoosterCogburn585
Nah, we will be ok. Hugo Chavez is riding to the rescue.
Biden is such a frick up he couldn’t melt ice cream on a summer day in New Orleans.
Biden is such a frick up he couldn’t melt ice cream on a summer day in New Orleans.
Posted on 10/6/22 at 7:21 am to RoosterCogburn585
It will easily surpass the highs we saw earlier this year.
California is already seeing high prices.
California is already seeing high prices.
Posted on 10/6/22 at 8:22 am to RoosterCogburn585
quote:
What is a realistic estimate for prices at the pump
We had a risk mitigation meeting at work.
Guy from way high up was on the call.
Basically said get ready for 6.50 to 8 a barrel if oil busts wide open and he put a price per barrel at like 260 if I remember right.
We were told to make our plans assuming as much.
Posted on 10/6/22 at 8:27 am to RoosterCogburn585
$5 in most areas will be the breaking point of consumption /personal expenditures. $9-$10 on West Coast and NYC/upper east coast metro areas will do the same.
It’s going to get uglier in major metro areas with high minority populations very quickly. With the combo of cold weather and no play money I would avoid major metro areas this fall/winter.
It’s going to get uglier in major metro areas with high minority populations very quickly. With the combo of cold weather and no play money I would avoid major metro areas this fall/winter.
Posted on 10/6/22 at 8:28 am to RoosterCogburn585
Hopefully 5.00. People need to feel pain.
Posted on 10/6/22 at 8:30 am to RoosterCogburn585
Diesel?
$6+
Gas?
$5+
$6+
Gas?
$5+
Posted on 10/6/22 at 8:40 am to RoosterCogburn585
$13.50/gal on west and east coasts.
$9.49/gallon in the southeast.
Pain incoming.
I hope I’m wrong.
$9.49/gallon in the southeast.
Pain incoming.
I hope I’m wrong.
Posted on 10/6/22 at 8:46 am to RoosterCogburn585
So many of the dumbocrats are already riding the bus or being pushed by a friend in a stolen shopping cart. They love high gas prices. With fewer cars on the streets, their travails are safer.
Posted on 10/6/22 at 9:42 am to Tbone2
That 5.01 national average will be be blown right past. I fully expect to see $6+ locally on the gulf coast.
Posted on 10/6/22 at 9:56 am to thejudge
quote:
Basically said get ready for 6.50 to 8 a barrel if oil busts wide open and he put a price per barrel at like 260 if I remember right.
Money time
Posted on 10/6/22 at 10:00 am to RoosterCogburn585
Big oil will eat.
But, then again, so will my oil stocks.
But, then again, so will my oil stocks.
Posted on 10/6/22 at 10:02 am to RoosterCogburn585
Blows my mind that the Biden admin would rather suck opec’s dick than turn loose the American oil fields
Posted on 10/6/22 at 10:05 am to RoosterCogburn585
The SPR is not effecting gas prices at the pump at all.
Posted on 10/6/22 at 10:05 am to RoosterCogburn585
$4.90 currently just outside of Chicago.
It'll be $5.50 by Thanksgiving.
It'll be $5.50 by Thanksgiving.
Posted on 10/6/22 at 4:57 pm to hogcard1964
Up 40 cents since Monday here
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