2014 Gasoline Price Forecast

[Londo_Jowo]

http://www.indygasprices.com/CITGO_Gas_Stations/Indianapolis_- NW/92926/index.aspx


Reg. $1.99 @ CITGO, 6895 Michigan Rd & W 69th St, Indianapolis - NW

Hope that's NW enough for you.

Oh snap!!!! McOwned yet again............

 

[cabri]

Same applies to you.

Come on down and show me a station here in NW Indy under $2 and $100 is yours.

http://www.indygasprices.com/CITGO_Gas_Stations/Indianapolis_- NW/92926/index.aspx


Reg. $1.99 @ CITGO, 6895 Michigan Rd & W 69th St, Indianapolis - NW

Hope that's NW enough for you.

If he does not put up; the Mods should yank his privileges for P&N posting for 2015 D:

 

[cabri]

Wow, guy dies and prices jumped 50 cents here today.

Stations went from $1.79 to $2.29

I'm sure I got this guy beat, when I die gas prices will rise $5 a gallon

1-22-2015

http://www.bloomberg.com/news/2015-...reports-king-abdullah-s-death.html?cmpid=yhoo

Oil Jumps as Saudi King’s Death Stokes Concern Over OPEC Policy


Futures advanced as much as 3.1 percent in New York and 2.6 percent in London after the Saudi Press Agency announced the death, citing a statement from the royal court.

The passing of King Abdullah is going to increase uncertainty and increase volatility in oil prices in the near term,” Neil Beveridge, a Hong Kong-based analyst at Sanford C. Bernstein & Co.

A key indicator will be whether Salman, 79, retains the oil minister, Ali al-Naimi, who has driven decision-making since 1995.

The king’s death also raises the question of whether instability across the Middle East will intensify, according to Flynn. King Abdullah had “done a good job trying to subdue” insurgents in the country, and Saudi Arabia may face increasing pressure from them now that he’s gone, he said.

Apparently, Dave's predictions/hopes have again been shot down.

Oil prices slip after smooth Saudi transition

 

[dmcowen674]

1-26-2015

http://news.investors.com/012615-73...general.htm?ven=yahoocp&src=aurlled&ven=yahoo

Oil at $200? Sure says OPEC's Secretary General

The secretary-general of the Organization of Petroleum-Exporting Countries (OPEC) said Monday that if producers fail to invest in developing new supplies, crude oil prices could rise as high as $200 a barrel.

The last prediction for $200 oil that we can recall came in March 2008 when an analyst at Goldman Sachs predicted a “super spike” to that level when oil was trading around $100 a barrel on its way to an all-time high of more than $145.

El-Badri appears to be rewinding a case that Venezuela and west African producers like Nigeria and Angola made in November to raise prices by reducing supply. But Saudi Arabian oil minister Ali al-Naimi said that it was not in OPEC’s interest to cut production, no matter if the price fell to $20 a barrel. He also said the world might never see $100 oil again.


Who’s right?



The farther the price of crude falls and the longer its stays low, the more likely it is that crude prices will see a short-term spike into uncharted territory.



The real question is whether a return to scarcity can lift prices $200 a barrel. El-Badri appears to believe it could happen.

With crude prices falling, not rising as they were in 2008, the case for $200 oil is not terribly strong over the near term of, say, two years or so. But if price remain low, more and more production will be shut-in and exploration for new sources will be virtually eliminated.

Once prices rise, everything will start up again, but it will take a year or two before the new work produces results. It is during that gap that a spike to record highs is quite possible.


​

 

[realibrad]

1-26-2015

http://news.investors.com/012615-73...general.htm?ven=yahoocp&src=aurlled&ven=yahoo

Oil at $200? Sure says OPEC's Secretary General

The secretary-general of the Organization of Petroleum-Exporting Countries (OPEC) said Monday that if producers fail to invest in developing new supplies, crude oil prices could rise as high as $200 a barrel.

The last prediction for $200 oil that we can recall came in March 2008 when an analyst at Goldman Sachs predicted a “super spike” to that level when oil was trading around $100 a barrel on its way to an all-time high of more than $145.

El-Badri appears to be rewinding a case that Venezuela and west African producers like Nigeria and Angola made in November to raise prices by reducing supply. But Saudi Arabian oil minister Ali al-Naimi said that it was not in OPEC’s interest to cut production, no matter if the price fell to $20 a barrel. He also said the world might never see $100 oil again.


Who’s right?



The farther the price of crude falls and the longer its stays low, the more likely it is that crude prices will see a short-term spike into uncharted territory.



The real question is whether a return to scarcity can lift prices $200 a barrel. El-Badri appears to believe it could happen.

With crude prices falling, not rising as they were in 2008, the case for $200 oil is not terribly strong over the near term of, say, two years or so. But if price remain low, more and more production will be shut-in and exploration for new sources will be virtually eliminated.

Once prices rise, everything will start up again, but it will take a year or two before the new work produces results. It is during that gap that a spike to record highs is quite possible.


​

Just going to ignore the bet you just lost.

 

[Londo_Jowo]

Just as soon as the price goes over $85/barrel US oil wells will go back online. No matter how much you dream or hope McOwned $200/barrel oil will not happen anytime in the foreseeable future.

 

[Matt1970]

I believe you owe Meghan54 $100.

 

[Blanky]

I drove through Indianapolis this morning and all the gas stations were charging $1.19/gallon for premium.

 

[IndyColtsFan]

Bwahahaha, MCOWNED again.

 

[IndyColtsFan]

If he does not put up; the Mods should yank his privileges for P&N posting for 2015 D:

IMO, he has refused to engage in any debate and has continually lied, distorted and diverted and should be permabanned.

 

[fskimospy]

IMO, he has refused to engage in any debate and has continually lied, distorted and diverted and should be permabanned.

Agree.

 

[First]

Again, Dave has no reason to exist on this forum. Absurdly dishonest and frankly sad to still see him posting nonsense that doesn't contribute to debate.

 

[dmcowen674]

Originally Posted by IndyColtsFan
IMO, he has refused to engage in any debate and has continually lied, distorted and diverted and should be permabanned.

Agree.

This coming from the coward and cowards that won't meet me at the very same station he claims is a price lower than what it is.

That's rich.

 

[dmcowen674]

Again, Dave has no reason to exist on this forum. Absurdly dishonest and frankly sad to still see him posting nonsense that doesn't contribute to debate.

Think you're tough shit hiding behind that monitor.

Come and debate me to my face lying losing coward.

 

[realibrad]

Think you're tough shit hiding behind that monitor.

Come and debate me to my face lying losing coward.

 

[LevelSea]

Think you're tough shit hiding behind that monitor.

Come and debate me to my face lying losing coward.

do you even lift bro?

 

[realibrad]

do you even lift bro?

 

[IndyColtsFan]

Originally Posted by IndyColtsFan
IMO, he has refused to engage in any debate and has continually lied, distorted and diverted and should be permabanned.



This coming from the coward and cowards that won't meet me at the very same station he claims is a price lower than what it is.

That's rich.

What's rich is that you're lying AGAIN and running off and hiding. Everyone knows what happened and everyone knows you're lying. For the uninitiated:

DAVE: "I'll give you $50 to drive up here to show me a gas station with gas at price X next to me at 6:30 AM on a Saturday!"
ICF: "I'm not driving 20 miles at 6:30 AM on a Saturday morning and I don't care if the gas prices next to you are higher. Here is a list of gas stations in the general area that are lower. Go to one of those."
DAVE: "..."

Maybe you're not lying but are just too stupid to understand simple sentences. I can ask my 8 year-old niece to tutor you, if you'd like.

 

[Ketchup]

Maybe dmcowen674 is just being deceptive. Maybe he doesn't actually believe anything he posts, he just wants the people that agree with him, to make them look silly.

 

[IndyColtsFan]

Maybe dmcowen674 is just being deceptive. Maybe he doesn't actually believe anything he posts, he just wants the people that agree with him, to make them look silly.

I used to think that was the explanation -- that no one could POSSIBLY be as stupid as Dave appears to be and that he was trolling. However, no one could keep the act up this long -- if this were the case, this guy would be winning Best Actor at the Oscars every year. Instead, he just keeps winning the "Biggest Dunce on AT" award every year.

 

[Matt1970]

lmfao x 10

 

[IndyColtsFan]

Think you're tough shit hiding behind that monitor.

Come and debate me to my face lying losing coward.

That sounds like a physical threat to me. Tsk tsk tsk, Dave. You calling anyone a coward when you place people who kick your pathetic ass up one side and down the other on this forum is RICH.

It's alright Dave, really -- everyone knows you're a loser and failure at life.

 

[Ketchup]

I have looked at that pic ten times already, and still laugh every time!

 

[Matt1970]

Same applies to you.

Come on down and show me a station here in NW Indy under $2 and $100 is yours.

http://www.indygasprices.com/CITGO_Gas_Stations/Indianapolis_- NW/92926/index.aspx


Reg. $1.99 @ CITGO, 6895 Michigan Rd & W 69th St, Indianapolis - NW

Hope that's NW enough for you.

You were shown exactly what you asked for. You owe Meghan $100

 

[Blanky]

Since my post earlier today I drove back through Indianapolis and gas is down to $.89/gallon.