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Author Topic: Gas prices in your area  (Read 234310 times)

Offline Alejandro

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Re: Gas prices in your area
« Reply #210 on: July 08, 2008, 02:21:36 PM »
I hope oil falls to $35 just as it was in Mid 1998
« Last Edit: July 08, 2008, 03:03:43 PM by alex »
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Offline Mike M

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Re: Gas prices in your area
« Reply #211 on: July 08, 2008, 02:25:36 PM »
Quote from: alex on July 08, 2008, 02:21:36 PM
I hope oil falls to $35 just as it was in 1998
In early 1999, oil was just $8 a barrel. It's amazing how much it went up since.

I remember it costed only about $15-20 to fill up my 16 gallon tank. Now it costs me over $60.
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Offline Alejandro

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Re: Gas prices in your area
« Reply #212 on: July 08, 2008, 02:59:56 PM »
my dad used to pay 10 dollars in 1998 now he pays 95 dollars to fill up for just under 2 days of gas
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Offline Alejandro

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Re: Gas prices in your area
« Reply #213 on: July 09, 2008, 11:52:15 AM »
Breaking News: chief investment officer David Goerz of Highmark Capital said on cnbc that if oil reatreats back to $100 by years end expect $70 oil in 2009
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Offline beanboy89

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Re: Gas prices in your area
« Reply #214 on: July 09, 2008, 04:26:11 PM »
Went down from $3.99 to $3.95 today.
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Offline wxmediafan

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Re: Gas prices in your area
« Reply #215 on: July 09, 2008, 07:14:42 PM »
I paid for 10 dollars for between 2 and 3 gallons yesterday, and just over 16 dollars for a little under 4 gallons uggh.

Idk about you, but I don't like my tank going below 1/2, just because it seems like I spend less money if I fill up at 1/2 :P  even though it would be the same.. 
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Offline Mike M

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Re: Gas prices in your area
« Reply #216 on: July 11, 2008, 12:23:31 PM »
Crude oil back up to $145, and is projected to rise through next week.
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Offline wxmediafan

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Re: Gas prices in your area
« Reply #217 on: July 11, 2008, 12:38:38 PM »
Quote from: MikeM2010 on July 11, 2008, 12:23:31 PM
Crude oil back up to $145, and is projected to rise through next week.
And the week after that and the week after that.  I heard on either TODAY or Good Morning America one day, that gas prices are expected to keep on rising up until the November elections... <_<
« Last Edit: July 11, 2008, 12:41:44 PM by wxmediafan »
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Offline Mike M

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Re: Gas prices in your area
« Reply #218 on: July 13, 2008, 10:12:55 PM »
Costs of diesel seem to be going down considerably here in New Jersey.

Prices here as of today:

Regular: $3.83
Premium: $4.15
Diesel: $4.62
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Offline Alejandro

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Re: Gas prices in your area
« Reply #219 on: July 22, 2008, 06:10:12 PM »
The NYMEX Crude Oil contract for August ended at 4:00pm EST @ $127.95 a barrel down $3.09 & NYMEX unleaded Gas also ended down 7.1 cents @ $3.1463 a gallon. now Starting tomorrow the New September 2008 Contract for both oil and gas will start trading at $128.42 & $3.1516 when Great Britain early trading begins at 4:00 am EST more updates coming daily.
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #220 on: July 22, 2008, 08:29:47 PM »
I think the oil bubble has finally burst. Look for prices to continue a downward trend.  :yes:
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Offline tpirfan28

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Re: Gas prices in your area
« Reply #221 on: July 22, 2008, 08:47:18 PM »
Quote from: lfmusiclover on July 22, 2008, 08:29:47 PM
I think the oil bubble has finally burst. Look for prices to continue a downward trend.  :yes:
I personally think we are in a small cyclical patter around the $130/barrel level until after Labor Day, in which the bubble will deflate down to a pattern around $80-$100/barrel.
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Offline Mike M

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Re: Gas prices in your area
« Reply #222 on: July 23, 2008, 12:45:00 AM »
My prediction: Oil will remain steady at $125-$135 right now, then rise a bit as we head toward the end of August, then drop to $100 or less through the Fall, followed by an increase through the winter.
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Offline lfmusiclover

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Re: Gas prices in your area
« Reply #223 on: July 23, 2008, 07:40:49 AM »
That sounds a little unrealistic.
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Offline Alejandro

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Re: Gas prices in your area
« Reply #224 on: July 23, 2008, 08:03:10 AM »
Oil already had its bull run, now next is OPEC's correction point at $70 dollars a barrel
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