Question of the Day: What Will the Price of Gas be in One Month?

Question of the Day: What Will the Price of Gas be in One Month?
With the United States' Presidential election now over, it will be interesting to see how our economic situation changes over the next few months.

We've currently been on a trend of gas getting markedly cheaper (anything seems more reasonable than $4.00 per gallon) and our nationwide average is now sitting around the $2.25/gallon mark, with diesel fuel commanding roughly $0.80/gallon more. American consumers are hoping that fuel prices continue to drop, but the approaching holiday season may cause a slight upward climb.
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WazzWazz - 11/6/2008 9:48:00 AM
-2 Boost
Question of the day...why did this article get posted?


KZ258KZ258 - 11/6/2008 10:08:31 AM
-2 Boost
this is a really stupid question. you should go ask your neighbor this


veyron1001veyron1001 - 11/6/2008 10:17:26 AM
+1 Boost
This is the last time you will see gas this low unless there is some major competition in the fuel industry very soon.


M35MTM35MT - 11/6/2008 1:17:19 PM
-2 Boost
another blind socialist!

wake up you moron, the price of oil didnt drop as a result of Bush making a speech.


WorldofLuxuryWorldofLuxury - 11/6/2008 8:19:49 PM
+2 Boost
true...the gas price also drops during every winter...

But you have to admit, out of all the factors, the election HAS to be one of them.

I still remember the day when I needed no more than 20 bucks to fill up my car for another few days' worth of cruising...sigh...


inspirion7inspirion7 - 11/6/2008 11:36:39 AM
+1 Boost
Look at the article and their responses. They make more sense.


mini22mini22 - 11/6/2008 12:11:07 PM
+1 Boost
I'm not sure the point of this article but I'll take a wild guess anyway. It is obvious that a lot of the gas price increase over the past yr and a half were fueled by oil speculators. This explains the dramatic drop in the price of oil.The other part of the equation is that mid east oil producers are cutting back production to try to stem the reduction in a price per barrel.Since speculation is tied to the stock market it I think you're going to see it spike and drop accordingly as the market is going to stay choppy for a while.So a month from now I'll guess it will be around $2.30 per gallon. My wild guess.


rockerrocker - 11/6/2008 12:41:36 PM
+1 Boost
Are you talking national average or locally? Very vague question I agree but prices should continue to drop for the foreseeable future. Economy and demand are the main drivers and right now they are driving straight to HELL.


PatronusPatronus - 11/6/2008 1:20:45 PM
+2 Boost
The question is not about what it will be in a month but what it will be in the longer term, say 2010 to 2015. I predict that we will have long-term $5-$10 per gallon gas in the US starting in the next couple of years.

And it won't ever go down again. Fill up on this cheap stuff we have now and drive it like you stole it.


silver1silver1 - 11/6/2008 6:18:02 PM
+1 Boost
Couldn't agree with you more


toolatetoracetoolatetorace - 11/6/2008 10:55:33 PM
+1 Boost
Did not all the naysayers say it will never go down say when it made it's way to 4.00 / gal it will never come down and the only way it will go is higher? . While typing this I had to refrsh my geography . If you would look at a raised relief map of North America and look at the Rocky Mountain ridge that heads into the US from Alaska and Canada and out of it into Mexico and for that matter all the way down into Latin America and the westerm portion of South America right where our buddy Hugo Chavez is sitting on imeasurable amounts of crude . Now this whole mountion strip which links Alaska all the way down to South America is where a large amount of our crude comes from. Now why for some reason is this counrty exempt form producing a prportionate amount of crude under the mountain ridge that is in this country's boundry's ? Granted , there is a number of active oil wells in Wyoming butit would seem very dispropotionate of what this counrty coud be producing . Therein is what lies stable oil prices for his counrty .


Htay7500Htay7500 - 11/6/2008 6:58:10 PM
+1 Boost
$50. Who knows?


Htay7500Htay7500 - 11/6/2008 6:58:24 PM
+1 Boost
$50. Who knows?


PorschinatorPorschinator - 11/6/2008 8:03:44 PM
+1 Boost
All I know is that gas prices never return to their previous price point no matter what the barrel prices are. Fricken rediculous!!! And of course OPEC always has an excuse readily available.


RunamukkRunamukk - 11/6/2008 9:55:38 PM
+1 Boost
im paying 1.89 a gallon in houston and a barrel of oil dropped $5 to $59 for a 20 month low. I predict 1.59 in a month.


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