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9/22/2017 12:11:25 AM
Posted: 9/5/2005 4:48:06 PM EDT
[Last Edit: 9/5/2005 4:51:02 PM EDT by Wash-Ar15]
Gas prices traditionally have risen before the labor day holiday and drop afterwards.

Will it happen this time??
Link Posted: 9/5/2005 4:49:04 PM EDT
IBTP!!!!!!!!!!
Link Posted: 9/5/2005 4:55:55 PM EDT
Yeah, might take a little longer than usual but I think we have seen the worst for now.
Link Posted: 9/5/2005 4:58:53 PM EDT
Slightly

Link Posted: 9/5/2005 5:05:50 PM EDT
I was in a store today and they were coming down 10 cents there
Link Posted: 9/5/2005 5:06:57 PM EDT
Stabilized here, at least. Won't be coming down much, they know we'll pay two and a half clams for gas, so they'll charge it.
Link Posted: 9/5/2005 5:12:29 PM EDT
I estimate it will go to $2.30 to $2.50 in a few weeks.
Link Posted: 9/5/2005 5:13:54 PM EDT
Around here it shot up to $3.39 at the nearest gas station to my home. It has already dropped down to $3.19 at that station. The Wal-mart here is charging $2.89. What I've really noticed was the complete lack of traffic this past weekend. I guess people are making an effort to reduce their driving.



Vulcan94



Link Posted: 9/5/2005 5:14:47 PM EDT

Originally Posted By Jerret:
I estimate it will go to $2.30 to $2.50 in a few weeks.




I really really hope so.
Link Posted: 9/5/2005 5:14:48 PM EDT
The National Average will be US$.69 within a year.
Link Posted: 9/5/2005 5:20:06 PM EDT

Originally Posted By Zippy_The_Wonderdog:
The National Average will be US$.69 within a year.



Thats about where it will be if Forbes is right and this bubble bursts like most of the experts are saying now.

Perception becomes reality when you are betting on commodities.
Link Posted: 9/5/2005 5:31:29 PM EDT

Originally Posted By jrzy:

Originally Posted By Zippy_The_Wonderdog:
The National Average will be US$.69 within a year.



Thats about where it will be if Forbes is right and this bubble bursts like most of the experts are saying now.

Perception becomes reality when you are betting on commodities.



To be honest, I was just being a complete smartass when I posted that, like I am with most of my silly posts on this board.

I am a strong proponent of the axiom that high prices being the best cure for high prices, and the reverse for low prices.

I just don't see such a philosophy holding out now. Global demand for oil is WAY too high.

Do you have a link for what Forbes has stated? I missed it. I suppose I could look for myself....
Link Posted: 9/5/2005 5:35:30 PM EDT

Originally Posted By Zippy_The_Wonderdog:
The National Average will be US$.69 within a year.



Oh cool, then I will contnue with my plans to put a Pontiac 455 in my 5000lb 1979 Jeep Cherokee.
Link Posted: 9/5/2005 5:39:11 PM EDT
I'm gonna buy a Honda Solar Roller.
Link Posted: 9/5/2005 5:43:34 PM EDT
They have already come down some. Hell, I was in Louisiana this weekend, and prices are cheaper there then here in TX. I paid 2.59 for a fill up in West Monroe.
Link Posted: 9/5/2005 5:44:11 PM EDT

Originally Posted By Vulcan94:
Around here it shot up to $3.39 at the nearest gas station to my home. It has already dropped down to $3.19 at that station. The Wal-mart here is charging $2.89. What I've really noticed was the complete lack of traffic this past weekend. I guess people are making an effort to reduce their driving.



Vulcan94






your walmart sells gas wow I've seen one in maryland that had a maintance garage
mine doesnt even sell tires.
Link Posted: 9/5/2005 5:54:47 PM EDT
Crude prices ease after oil stockpiles released
By Chris Flood
Published: September 5 2005 12:17 | Last updated: September 5 2005 18:32

With New York markets closed for the Labor Day public holiday, dealers reported only thin trading across many commodities in London yesterday.


Oil prices retreated to levels seen prior to the arrival of Hurricane Katrina as the release of emergency fuel stocks by industrialised nations soothed fears over a US energy crisis.




news.ft.com/cms/s/3bda8212-1df7-11da-a470-00000e2511c8.html
Link Posted: 9/5/2005 6:11:14 PM EDT
They will come down as supply stabilizes. However, over the years I have noticed a trend of sorts. Each summer, due to "demand", the price starts to climb. It peaks on Labor Day, then drops. HOWEVER, it NEVER drops down to what it was at the beginning of the previous season. It bottoms out a few cents per gallon above what the season started as. So when the price comes back to "normal" each season, it's actually incrementally more expensive each year. It's a nice racket if you can get in on it!

I am willing to bet that domestic demand has not climbed as far nor as fast as prices have.
Link Posted: 9/5/2005 7:08:44 PM EDT
no

gas prices dont go down

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