2014 Gasoline Price Forecast

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Meghan54

Lifer
Oct 18, 2009
11,684
5,220
136
You were shown exactly what you asked for. You owe Meghan $100


It's Jeff, btw....Meghan is one of my dogs, my Aussie.

And I'll never collect anything from Defective Mentation......sorry, I meant Dave. He'll simply change what he "bet" and onward through the fog he trudges....the solitary village idiot carrying a lamp looking for anyone not an "Oil Thug", which is apparently is anyone who has never bought gas/oil, owned a vehicle that uses the above substances, or anything else associated with petroleum. Guess that makes everyone, incl. Dave, an Oil Thug.
 

Meghan54

Lifer
Oct 18, 2009
11,684
5,220
136
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.


It can be construed as a veiled threat....think this would fall under terroristic threats. Just hope the one to whom Dave spewed that crap towards doesn't alert Dave's hometown cops. Could get messy.
 

First

Lifer
Jun 3, 2002
10,518
271
136
Think you're tough shit hiding behind that monitor.

Come and debate me to my face lying losing coward.

lol. Come on Dave, what are you gonna bark at me, "$5 gas! $10 milk!"? You've been bent over and rectally hollowed out by every member of this thread by now. Accept your role.
 

MongGrel

Lifer
Dec 3, 2013
38,466
3,067
121
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.



Everything I've heard is actually that OPEC would have to lower their prices perhaps lower than they are, to offset the cost to keep them competitive below the fracking costs etc going on are atm.

They do not have to go through as elaborate a process to get to theirs.
 

allisolm

Elite Member
Administrator
Jan 2, 2001
25,059
4,497
136
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.

No one claimed a price lower than what it was when it was posted. I checked as I'm sure others did as well, and it WAS $1.99 yesterday evening.
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
It's Jeff, btw....Meghan is one of my dogs, my Aussie.

And I'll never collect anything from Defective Mentation......sorry, I meant Dave. He'll simply change what he "bet" and onward through the fog he trudges....the solitary village idiot carrying a lamp looking for anyone not an "Oil Thug", which is apparently is anyone who has never bought gas/oil, owned a vehicle that uses the above substances, or anything else associated with petroleum. Guess that makes everyone, incl. Dave, an Oil Thug.

Oh I know. He doesn't even have the balls to admit when he is wrong much less pay up on a lost bet.
 

Blanky

Platinum Member
Oct 18, 2014
2,457
12
46
Gas just dropped in Indy overnight. $.49/gallon now, and yes this is in NW Indy. Saw it with my own eyes!
 

Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
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.

Oh my goodness First now you've done it, McOwned is so, so, so pissed this time.

ROFLMFHAO!!!!!!! :awe:
 

Meghan54

Lifer
Oct 18, 2009
11,684
5,220
136
Oh well, guess that $100 was just hot air. Or Dave wanted someone to physically hold his hand and lead him to the station itself.....another goal post move.
 

allisolm

Elite Member
Administrator
Jan 2, 2001
25,059
4,497
136
Currently:
$1.999 McClure 4945 W 71st St & Georgetown Rd Indianapolis - NW, IN reported 8AM EDT 1/28/15

$1.999 Rickers 8558 Northwest Blvd & 86th St 7:49 AM EDT 1/28/15

$1.999 Kroger 2550 Lake Cir Dr & W 86th & Township Line Rd NW 8:34AM EDt 1/28/15

$1.999 Speedway 5555 W 86th St & Zionsville Rd MW 8:15 AM EDT 1/28/15

$1.999 Kroger 5025 W 71st St & Georgetown Rd NW 8:15 AM EDT 1/28/15

$1.999 CITGO 6895 Michigan Rd & W 69th St NW 7:49AM 1/28/15
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Currently:
$1.999 McClure 4945 W 71st St & Georgetown Rd Indianapolis - NW, IN reported 8AM EDT 1/28/15

$1.999 Rickers 8558 Northwest Blvd & 86th St 7:49 AM EDT 1/28/15

$1.999 Kroger 2550 Lake Cir Dr & W 86th & Township Line Rd NW 8:34AM EDt 1/28/15

$1.999 Speedway 5555 W 86th St & Zionsville Rd MW 8:15 AM EDT 1/28/15

$1.999 Kroger 5025 W 71st St & Georgetown Rd NW 8:15 AM EDT 1/28/15

$1.999 CITGO 6895 Michigan Rd & W 69th St NW 7:49AM 1/28/15

Hey hotstuff

Come here next time it jumps

Won't have to wait very long, like Engineer pointed out it happens here frequently.
 

moonbogg

Lifer
Jan 8, 2011
10,637
3,095
136
You want my honest opinion? Something is fucked up, because I filled up a bone dry empty tank for $35.00 the other day. That hasn't happened for the longest time. I can't remember the last time actually. Gas was $2.25.
Even at these cheap prices, that only saves me like $100/month so I don't see how this is a big deal to anyone really, but its interesting to watch (for like 5 minutes).
 

fskimospy

Elite Member
Mar 10, 2006
85,533
50,706
136
You want my honest opinion? Something is fucked up, because I filled up a bone dry empty tank for $35.00 the other day. That hasn't happened for the longest time. I can't remember the last time actually. Gas was $2.25.
Even at these cheap prices, that only saves me like $100/month so I don't see how this is a big deal to anyone really, but its interesting to watch (for like 5 minutes).

Think about it this way, the median US household income is $54,000 pre-tax. Total you're probably talking about a monthly take home pay of somewhere around $3,400 with that. When you subtract rent/mortgage, food, utilities, etc, etc, I wouldn't be surprised if a household's average disposable income is more like $1,500-$2,000 or so. In that context even if you're only saving $100 per month that $100 is a substantial addition to your disposable income.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,655
687
126
Hey hotstuff

Come here next time it jumps

Won't have to wait very long, like Engineer pointed out it happens here frequently.

And it also drops frequently too, which you conveniently don't post. Dumbass.

So rather than admit that there are stations in NW Indy under $2/gal tell the person to come the next time the prices jump. What a freaking joke!!!

Typical McOWNED behavior. Dishonest and stupid beyond belief.
 
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