wtnhunt Posted August 29, 2013 Report Share Posted August 29, 2013 Tuesday morning was going to fill up our car, but did not. About 5 hours later when I rolled through prices were up 14 cents. With the crap with Syria going on sure hope this does not mean we are back on the way to $4 a gallon again. Quote Link to comment Share on other sites More sharing options...
Rhino Posted August 29, 2013 Report Share Posted August 29, 2013 The guru's are saying right after a US strike, oil will probably spike to $120/barrel. Who knows after that...depends on what others do after the probable strike by the US occurs. Some guru's predict crude oil could spike up to $150/barrel if it gets messy after a US strike. It made it up to ~$110/barrel yesterday on the news of a probably strike. Started climbing before that. What I'm thinking about doing to offset an upward spike in crude oil prices after a US strike is to short the price of crude oil through a securities investment trade. Under the circumstances, that high of a crude oil price spike they're predicting isn't sustainable. The old theory of what goes up...must come down. If I'm right, profits from that trade would more than offset any increase in my gasoline purchases. Yea, I'd be gambling the price of crude oil normalizes back to a price in the $90's/barrel after the Syria mess blows over. Quote Link to comment Share on other sites More sharing options...
hoytshooter09 Posted August 29, 2013 Report Share Posted August 29, 2013 I did the same thing but when I came back it went up 22 cents hate gas prices. Quote Link to comment Share on other sites More sharing options...
The Bug House Posted August 29, 2013 Report Share Posted August 29, 2013 Wow! We've slowly creeped back up to ~$3.75 around here. Lowest I saw this summer was in NH at $3.45. Quote Link to comment Share on other sites More sharing options...
Shaun_300 Posted August 29, 2013 Report Share Posted August 29, 2013 Yeah it's been expensive here too all summer. Haven't seen it under $1.20/liter in a long time, usually hovering ~$1.30/liter which is $4.90/gal for regular. I burn either 91 or 93 octane in my truck and it's usually 15 cents/liter more. Quote Link to comment Share on other sites More sharing options...
FireStation46 Posted August 30, 2013 Report Share Posted August 30, 2013 Until we start using what we have and allow more drilling, we will pay the higher price. Quote Link to comment Share on other sites More sharing options...
midwesthunter815 Posted August 30, 2013 Report Share Posted August 30, 2013 Amen FireStation. We need to tap our own soil and stop giving money over seas. Quote Link to comment Share on other sites More sharing options...
Tominator Posted August 30, 2013 Report Share Posted August 30, 2013 Jumped $.30 here yesterday. Quote Link to comment Share on other sites More sharing options...
smha6784 Posted August 31, 2013 Report Share Posted August 31, 2013 gas prices on the rise again Gas rose a good .45 this week, funny thing is diesel is still the same price Quote Link to comment Share on other sites More sharing options...
VermontHunter Posted September 1, 2013 Report Share Posted September 1, 2013 $3.79 for Regular for weeks now .. Quote Link to comment Share on other sites More sharing options...
Ravin R10 man Posted September 1, 2013 Report Share Posted September 1, 2013 $3.69 on 8-28 when I filled up.....$3.37 0n the 23rd, I had 250 gal delivered..guess I'll burn that up while the price hike comes...wish I woulda had them drop 500 gal now.. Quote Link to comment Share on other sites More sharing options...
The Bug House Posted September 1, 2013 Report Share Posted September 1, 2013 gas prices on the rise again Still paying $3.49 a gallon for #2 home heating at the pump. Quote Link to comment Share on other sites More sharing options...
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