FOUR DOLLAR gasoline predicted within a week.

[benburch]

I just heard on WBBM-AM, 780 Chicago that experts are predicting four dollar regular unleaded in the area by next week.

[Ravenseye]

1. Any reason they give?

That would be over a dollar spike from what we're paying here.

[Bob1984]

6. I wish we knew the real reason...

In my area, it's still at $3.19, which is bad enough. I remember the days when gas was $1.29 nation-wide. :-(

[City Lights]

9. Hiya, Bob1984!

Welcome to DU! :hi:

[Ravenseye]

15. Welcome to DU - I remember it being under a dollar

I think I remember 60 cents a gallon at one point, but I'm sure some of the older folk will remember it much cheaper.

Here, at least at the station nearest my house, the gas inside the city of Pittsburgh hovers between 2.75 and 2.85. Luckily we don't drive much. I fill up maybe once a month at most. Usually less than that.

[demosincebirth]

29. I remember when four of us guys used to jump into my

'51 chevy...we'd each chip in two bits apiece and get 4 gal. of gas... cruise the Bay Area till the wee hours of the morning.

[TheWraith]

36. I remember when it was $0.98 a gallon here.

It wasn't that long ago--'98 or '99. Man, those were good years.

[NiteOwll]

42. I remember that, too.

About 94 cents here in the late 90's. Looking back, it seems like a whole different world now. :cry:

[VolcanoJen]

47. Some friends and I were talking about The 90's over beers last night.

One of us said, "We'll look back on those times the way the Depression Era folks looked at the Roarin' '20s."

He was right, you know.

[Jackpine Radical]

50. Hell, I remember $.19 gas.

We just used it for drycleaning & stuff back then, of course, 'cause they didn't ave cars yet.

[partylessinOhio]

53. I remember 39 cents a gallon not 19 cents. We had cars and got fill-ups

which most can't afford nowadays.

* said today he would do something about the high cost of gas if he could do something.

All he would need to do is threaten the oil companies - bring the prices down voluntarily or I will institute price controls. * lies.

[SmokingJacket]

69. Isn't that crazy? It hit $1 in 1979, and stayed there for EVER.

It was probably way underpriced in the 90's -- and part of the reason we're so damnably dependent on cheap gas now.

[yella_dawg]

49. Oh my god! $1.29

The cheapest gas I ever bought was 18 cents a gallon. Am I dating myself?

[ayeshahaqqiqa]

54. Hi and welcome

Youngster, I bet 1984 was the year of your birth, if you think $1.29 a gallon is cheap. I'm 55, and recall 35 cents a gallon for gas when I got my license-and 12 cents a gallon when I was a child.

[WCGreen]

61. Shit I remember when gas was .35.....

[newyawker99]

72. Hi Bob1984!!

Welcome to DU!! :toast:

[bigwillq]

76. Hello.

Welcome to DU! :hi:

[benburch]

45. No reason I heard while I was listening. nt

[calico1]

2. So it would go up nearly one dollar in one week?

What did they have to say about that, if anything?

[npincus]

3. holy sh*t. THIS is what voters really care about.

not the profane Iraq war and B*sh admin. deception.

[VolcanoJen]

18. That's 100% correct, and I can't believe the wingnuts haven't paid notice.

Americans want cheap gas, a home they can call their own, and football on Sunday.

$4.00 a gallon is the stuff riots are made of. I can't imagine anyone around here putting up with $4.00/gallon unless there is some kind of massive strike against oil refineries, whether natural or unnatural.

What are they thinking...?

[liam_laddie]

28. Idealogues don't think,

they do robust auto-response, just like the single-cell organisms that, in fact,
they are. Hi VJ - too bad you and your mom didn't make it to that DU hook-up
in West Chester a couple months back...

[renate]

56. I was just thinking about this yesterday

I remember getting all worked up over prices when they were $2.25 a gallon. The talking heads were all saying that if gas hit $3 a gallon, that would be the flashpoint, so Bush and his friends wouldn't let that happen.

Guess the talking heads were wrong.

I think people just have frustration fatigue.

[Ezlivin]

4. More evidence of Bush's progress

(Posted to start another thread, but just as useful here.)

[ThomWV]

5. Why Not? No one cared when it was $3 so just raise it. Its only money ..

[anarch]

13. it's just a number

[VolcanoJen]

25. It costs what it costs. Stop complaining.

A very common expression used by one of my non-gas-worrying freepy coworkers.

:eyes:

[gasperc]

51. no shit, why stop at $3?? why not $4, $5??

I was thinking that exact thing driving in this morning

[bluestateguy]

7. 4?

Will that be the price of gas or Baby Bush's approval rating once people get raped in the wallet at the pump?

[porphyrian]

8. What price will gas have to rise to before the revolution begins?

The betting pool starts now. I'm putting a chunk on $5 a gallon.

[coalition_unwilling]

59. My guess would be that a price target of $7 a gallon before

November, 2006. Be aware that, if Dems re-take both houses of Congress in November, that will be a sort of "bloodless revolution."

A real revolution, on the other hand, would see petroleum producers and distributors nationalized. Not sure what the price point would have to be for that to happen.

[Raydawg1234]

67. It would be better if Dems were in office,

But everything will not change until we find a solution for the military industrial complex, and an economy driven by war

[Pirate Smile]

10. Holy sh#$! Bush's listening tour should sure be interesting then if

he would actually be getting to hear any normal citizens - not that I consider that likely.

Are you sure it was $4.00, not $3.00? $3.00 is bad enough but $4.00 will really freak everyone out.

How high will we go when the hurricane's start hitting? :wow:

edit to add - I know it is above $3.00 many places. We are back to close to that where I live.

[City Lights]

21. It's already over $3 here and has been for awhile.

http://www.chicagogasprices.com/

[mccoyn]

41. I paid $3.22 in Chicago over the holiday weekend.

I only bought enough to get out of the city.

I saw some stations that were $3.30. I wouldn't be surprised if its more downtown. Are there even gas stations downtown? So, $4.00 at the most expensive station in Chicago doesn't seem like a long stretch to me if prices go up steeply.

[ThomWV]

11. Wanna See $1 Gasoline? Just Impeach Bush

There is no reason on earth other than Bush's Presidency for the price of crude to be over $24 a barrel.

[wryter2000]

12. Huh?

I know it's going to go up, but 93 cents in a week? I don't think Chicago pays substantially more for gas than the SF Bay Area does.

For sure, I'll believe it'll happen by the end of summer. I only hope voters remember it in November.

[VolcanoJen]

14. Prices hit $3.05 here, for the first time since RIGHT after Katrina.

They hit $3.05 for maybe two days after Katrina. Everyone took a deep breath, and understood, and felt the price increase would be temporary.

So what on earth is the excuse for $3.05 now? Local right-wing talk radio told me yesterday that it was because North Korea fired missiles.

What in the living...? Seriously?

So what could be the reason they'll float for $4.00? Clearly, the oil execs are testing to see what the market will bear. As long as there are no riots in the streets when gas is $3.05, I guess they'll push it just a little bit further.

When will Americans say, "ENOUGH"?

[Clark2008]

19. What does that have to do with the price of sweet crude in Iraq?

Seriously - they said that? Because of North Korea?

I think these oil people are just using ANYTHING to jack up profits.

[VolcanoJen]

22. Yeh, they said that, and my freepy coworkers were humming in agreement.

My mind is blown, hon. Truly blown.

[BOSSHOG]

16. So bush's base can brag about $3.80 gas in October!

[calico1]

34. So true.

People already reminisce about how "cheap" gasoline was a year ago when it was over $2. Keep it at one price for some time and 50 cents less will seem like a bargain to people who can't seem to remember how cheap it was a few years ago.

[LSK]

40. BINGO!!!

When gas doesnt reach 4 (3.95) people will be "relieved".

We are being conditioned to liking higher fucking gas prices.

[Bretttido]

17. Maybe they're associating all the uncertainty regarding N. Korea?

We all know the markets HATE (or love?) uncertainty... depending on if you're buying or sellings

[VolcanoJen]

27. Yes, that's the prevalent excuse.

See Post #14... I heard it just yesterday on Freepy Wingnut Radio.

[Oldtimeralso]

20. $4 GAS

In the Chicago working class neighborhoods the price has jumped 50 cents in the last ten days. Premium will hit $4.00 with only a 20 cent boost.

[SmokingJacket]

70. That's so weird. Gas has been at $2.98 here for WEEKS...

I wonder what all the regional variation is all about...

(upstate new york, which over the last year has almost always had the most expensive gas in the country)

[PWRinNY]

75. Been $3.29 here for weeks too

Also NY state - Westchester Cnty. No real price fluctuation for several weeks now.

[King Coal]

23. Thank God we have an oilman in charge.

Can you imagine how high gas would go with Kerry in charge?

[VolcanoJen]

24. Seems like the lowest prices have been in three years...

... was December of 2003, when local (Cincinnati) prices were $1.28/gallon.

$1.28!! Can you imagine...? And it was only three years ago.

Since then, it's been a steady increase. Goes up, comes down... but never as low as $1.28. Up... down a little... up some more... until we all forget the last threshold.

Gas Buddy is your friend; an excellent website indeed.

[SlipperySlope]

26. That is great news!

If you know *for certain* that gas prices will rise to $4 then you should:

1: Buy as much gas as you can today while it is under $3.
2: Wait
3: Sell it for $4 after it rises
4: Profit.

Simple, no?

[VolcanoJen]

32. Gasoline Co-Ops

Just after Katrina, I saw a few news reports about the increasing popularity of "Gasoline Co-Ops," so someone definitely had this idea years ago.

When gas was just over $1.00 a gallon, farmers (mostly) got together, purchased a tractor-trailer tanker, bought up the gas and sold it at cheap prices to their members. While we're all paying $3.00+, these smart individuals are still paying 2000 prices.

More power to them. How could you organize something like this? Although it would have made a lot more sense if communities started doing this five or six years ago.

[Ganja Ninja]

44. In a way I'm looking forward to it.

I'm sick of these idiots in their massive trucks barreling down the road. Nothing will turn them against the GOP quicker than to have to give up their pride and joy on his watch. Let it go to $6 a gallon if that's what it takes to bring this country to sanity.

[SmokingJacket]

71. Speculators are doing that as we speak. nt

[Jara sang]

30. This is great. This means November is ours.

[racaulk]

38. Not necessarily

I would expect a sudden and unexplainable price decrease around mid-October.

[catmandu57]

31. With the price rising as it is, I'd expect people to try to conserve, but

Yesterday, we had to drive over to another town about 45 miles away mostly on interstate and divided hyway. people were flying around us, not just cars, but huge dual wheel trucks, big Lincoln suxs and Cadilac sux.
I could just see their gas gage falling, when those people start hurting may then there'll be some kind of protest, but, I guess they aren't hurting yet to be able to drive like that.

[benburch]

46. We're driving to Kalamazoo this weekend...

...good thing we have the Prius!

[BluePatriot]

33. Whoa...

...that is insane. Great, more struggles to get by >< Thanks, don't-focus-on-the-future-and-make-fun-of-Jimmy-Carter America...

[LSK]

35. I saw 3.35 yesterday for regular

Why arnt you listening to 850? :P

[racaulk]

37. I smell Karl Rove's scent all over this...

See, if the corporate media is telling the masses that gas will increase to $4 within a week, then all the people will buy gas NOW before the gas prices increase. Then the gas companies can say they increased the price because the demand increased--supply and demand and all that jazz.

They're generating their own demand here to disguise their price gauging. Sounds pretty Rovian to me.

:puke:

[Skelington]

39. What experts? just curious where the "experts" are from.

[Hubert Flottz]

43. We are paying $4.00 a gallon over here so they won't have to pay

it over there. It will go back down about a month before the sElection...like in 04...then if the gop wins it will go on up to $5.00 by the holiday season.

Meanwhile Bush is flying all over the country campaigning for the GOP and we are ALL paying for that too!

[Scout1071]

48. Outstanding post. nt

[leftchick]

52. dammit! The first year we ever decided to drive the boys north!

To Canada and Niagra Falls! I am beginning to think we may have to cancel. This will cost way too much!

:(

[madrchsod]

55. holy shit..... 4 in the burbs......

dam it`s going to be 3.50-75 out here...can you say recession?

[benburch]

58. I assume they meant prices in the city proper, where they are always high.

So, yes, $3.75 our here is not unreasonable.

[benburch]

57. Reported prices in last 24 hrs. range from $3.08 to $3.49

from http://chicagogasprices.com/

[Gabi Hayes]

60. just checking there when you posted. did you see the average?

$3.244 for the Chicago area

that's the highest in the last three years, including last Aug/Sept, immediately after Katrina.

that, of course, means the highest EVER

EVER

it's why I bought a diesel last year




national averages for the last three years:

http://www.chicagogasprices.com/retail_price_chart.aspx

low: $1.44, Dec, 03
high: $3.08, right after Katrina
now: $2.92

gas in Chicago has gone up 24 cents in the last month, btw

[benburch]

62. No, didn't notice the average.

I was looking for the extremes.

[benburch]

63. Here is the graph

Hmmm.... Won't paste.

[larrysh]

64. I wouldn't mind $4.00 per gallon so much....

If we could at least get some green stamps.....or some of those nifty matching tea glasses with the glass pitchers, like my parents used
to, along with check the oil, check the water, the battery and clean the windshield.

[upi402]

65. It'll probably go to $5 and we'll think we have it good when at $4.20

:tinfoilhat:

[benburch]

68. If that happens, I'll need some 4:20. nt

[racaulk]

73. HA HA HA HA HA HA!!!!

Indeed, my friend! :hippie:

[Guaranteed]

66. BWAHAHAHAHAHA!! And I just got my fam out of our commuting situation.

My wife now works from home- PURE telecommuting. And I have a ten minute drive to school.

Sorry, ChimpCo. No more outrageous sums of cash for you from me.

[sbj405]

74. Well if you heard * today, it's b/c we don't have enough refineries

:sarcasm: