View Poll Results: How long will it take for gas to reach $3.00 on average
3 Months or under
13
22.81%
3-6 Months
21
36.84%
6-9 Months
11
19.30%
9 Months to a year
7
12.28%
1-2 Years
3
5.26%
It will not reach $3.00
2
3.51%
Voters: 57. You may not vote on this poll
Prediction-How long till $3.00/G Nat'l average?
#1
03-21-2006, 01:16 PM
Join Date: Mar 2004
Location: Atlanta, Ga
Posts: 1,797
Prediction-How long till $3.00/G Nat'l average?
How long will it take?
I'm thinking 6-9 months.
I'm thinking 6-9 months.
#2
03-21-2006, 02:15 PM
Re: Prediction-How long till $3.00/G Nat'l average?
Ok - is this sustained, or seasonal ?
My predictions (I'm waiting to vote until I get clarification, btw...lol)
Seasonal - it'll happen by July of this year. With or without a major Hurricane disrupting production / refining / delivery.
Sustained - it'll be here by this time next year, or by next Summer at the latest.
We're at $2.40 or so now...at 18% avg annual increase the last couple of years, that would put us at about approx. $2.85 in 1yr from today, $3.34 in 2yrs.
I do subscribe to the Peak Oil way of thinking - that's why I traded cars recently.
My predictions (I'm waiting to vote until I get clarification, btw...lol)
Seasonal - it'll happen by July of this year. With or without a major Hurricane disrupting production / refining / delivery.
Sustained - it'll be here by this time next year, or by next Summer at the latest.
We're at $2.40 or so now...at 18% avg annual increase the last couple of years, that would put us at about approx. $2.85 in 1yr from today, $3.34 in 2yrs.
I do subscribe to the Peak Oil way of thinking - that's why I traded cars recently.
#3
03-21-2006, 02:50 PM
Join Date: Mar 2004
Location: Atlanta, Ga
Posts: 1,797
Re: Prediction-How long till $3.00/G Nat'l average?
Your prediction should be for sustained $3.00 per gallon, never to be below that level again. Just like our $1.00 and $2.00 of not-so-long ago.
GreenAndBlue I bought my car in January of 2004 when gas raised to $1.25/g because I believed it wouldn't be long until we paid $2.00/g
Now we're pushing $2.50. Most folks agree the increase is seasonal....but typically they raise it alot, then back off a little for an overall higher new price.
GreenAndBlue I bought my car in January of 2004 when gas raised to $1.25/g because I believed it wouldn't be long until we paid $2.00/g
Now we're pushing $2.50. Most folks agree the increase is seasonal....but typically they raise it alot, then back off a little for an overall higher new price.
Last edited by Hot_Georgia_2004; 03-21-2006 at 02:55 PM.
#4
03-21-2006, 04:48 PM
Re: Prediction-How long till $3.00/G Nat'l average?
Ahh, in that case I guess I voted wrong. Gas will cost over $3 nationally by June or July (definitely by July 4th) but I think that we will probably dip back into the $2.70-$2.90 range for a few months after the summer driving season. The following summer will probably be just a touch under $4 and we will never see <$3 again. Supply is not increasing and demand will not start to decrease unless some really dramatic changes take place. Predicting prices 5 years into the future scares me. You lucky SOBs and your hybrids...
#5
03-21-2006, 06:09 PM
Re: Prediction-How long till $3.00/G Nat'l average?
I see it this way:
- limited supply, lack of synthetic oil infrastructure
- inadequate efficiency efforts, burning so there will no tomorrow
- growing demand, bicycles become motor scooters become cars
- stronger storms threaten offshore production
Bob Wilson
- limited supply, lack of synthetic oil infrastructure
- inadequate efficiency efforts, burning so there will no tomorrow
- growing demand, bicycles become motor scooters become cars
- stronger storms threaten offshore production
Bob Wilson
#7
03-21-2006, 07:20 PM
Re: Prediction-How long till $3.00/G Nat'l average?
My prediction is that it will max out around $3.25 for the summer and then "miraculously" drop back to $2.25 just in time for the November elections. If more Republicans get elected, it'll be up to $3.00 almost overnight. If we get democrats, gas will probably remain in the $2-$2.50 range.
The wildcard is Saudi Arabia. If this country falls to the terrorists, we'll see $10/ gallon.
The wildcard is Saudi Arabia. If this country falls to the terrorists, we'll see $10/ gallon.
#8
03-22-2006, 05:25 AM
Re: Prediction-How long till $3.00/G Nat'l average?
In Houston, I'd say definitely three months. With Hurricane Season starting in June, combined with our switchover to E10 and the issues associated with that switch, it will be at $3 by June.
Jeff
Jeff
#10
03-23-2006, 06:34 AM
Re: Prediction-How long till $3.00/G Nat'l average?
East coast = no easily available ethanol, plus summer driving. 3 will be the new 2.25, which was the new 1.50...
We're at 2.50 in MD/DC now.
The barrier was already broken, so the psychological impact won't be as harsh this time. Makes it easier to bear keeping it over 3 for an extended period, too.
We're at 2.50 in MD/DC now.
The barrier was already broken, so the psychological impact won't be as harsh this time. Makes it easier to bear keeping it over 3 for an extended period, too.
