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How high will gasoline go in 2012

Discussion in 'Fred's House of Pancakes' started by oldasdust, Jan 24, 2012.

  1. HaveNoCents

    HaveNoCents Conservative Tree Hugger

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    Already hit 4.99 in some areas of New York State.


    iPad ?
     
  2. fuzzy1

    fuzzy1 Senior Member

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    Half the stations in my neighborhood have now breached the $4 benchmark.
     
  3. Sergiospl

    Sergiospl Senior Member

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  4. seilerts

    seilerts Battery Curmudgeon

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    Gas price velocity is highly asymmetric. It goes up fast, comes down slow. My uncle is in town and we used the Gas Buddy app to predict the cheapest gas in the area -- Camel Rock at $3.28 on Tuesday. Ironically, we were on our way to pick up a beater '00 Insight that I had snagged via Craigslist.
     
  5. SageBrush

    SageBrush Senior Member

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    You went to the wrong casino. Sandia casino was $3.21 today. :p
     
  6. lamebums

    lamebums Member

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    Seen some pretty wild price swings lately. Passing through Carrollton, KY on the way to Autobeyours, I saw as low as $3.29 a gallon for regular. Just 10 minutes away in Indiana it was $3.85 everywhere.
     
  7. cwerdna

    cwerdna Senior Member

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    Crude Oil Surges above $110 on Explosion Report: News Headlines
    It was on the front page of CNBC as breaking news when I posted the above.

    Now the CNBC's breaking news is "Saudi Oil Officials Say Reports of Pipeline Attack Are Untrue (Click for the latest oil prices)".
     
  8. Skoorbmax

    Skoorbmax Senior Member

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    lol it's like 2008 again it's really funny to watch. More funny than last time, since at least one of my cars is a hybrid this time ;)
     
  9. roflwaffle

    roflwaffle Member

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    It depends. It can go up fast and down slow, but it can also do the opposite. Currently, how quickly prices will go up/down depends on how many refineries can come up in the next month or two.

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