Are gas prices coming down after Labor day?POLL

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[ARCHIVED THREAD] - Are gas prices coming down after Labor day?POLL

Posted: 9/5/2005 4:48:06 PM EDT

Gas prices traditionally have risen before the labor day holiday and drop afterwards.

Will it happen this time??

Posted: 9/5/2005 4:49:04 PM EDT

[#1]

IBTP!!!!!!!!!!

Posted: 9/5/2005 4:55:55 PM EDT

[#2]

Yeah, might take a little longer than usual but I think we have seen the worst for now.

Posted: 9/5/2005 4:58:53 PM EDT

[#3]

Slightly

Posted: 9/5/2005 5:05:50 PM EDT

[#4]

I was in a store today and they were coming down 10 cents there

Posted: 9/5/2005 5:06:57 PM EDT

[#5]

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.

Posted: 9/5/2005 5:12:29 PM EDT

[#6]

I estimate it will go to $2.30 to $2.50 in a few weeks.

Posted: 9/5/2005 5:13:54 PM EDT

[#7]

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

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

[#8]

Quoted:
I estimate it will go to $2.30 to $2.50 in a few weeks.

I really really hope so.

Posted: 9/5/2005 5:14:48 PM EDT

[#9]

The National Average will be US$.69 within a year.

Posted: 9/5/2005 5:20:06 PM EDT

[#10]

Quoted:
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.

Posted: 9/5/2005 5:31:29 PM EDT

[#11]

Quoted:
Quoted:
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....

Posted: 9/5/2005 5:35:30 PM EDT

[#12]

Quoted:
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.

Posted: 9/5/2005 5:39:11 PM EDT

[#13]

I'm gonna buy a Honda Solar Roller.

Posted: 9/5/2005 5:43:34 PM EDT

[#14]

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.

Posted: 9/5/2005 5:44:11 PM EDT

[#15]

Quoted:
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.

Posted: 9/5/2005 5:54:47 PM EDT

[#16]

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

Posted: 9/5/2005 6:11:14 PM EDT

[#17]

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.

Posted: 9/5/2005 7:08:44 PM EDT

[#18]

no

gas prices dont go down

[ARCHIVED THREAD] - Are gas prices coming down after Labor day?POLL

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