Gas is going back up again. (Madison, Russia: prices, station, summer)

[Iraqvet]

I guess gas is going back up again. A station I usually pass everyday was 1.59 yesterday and today it is 1.79. Just when I was starting to get comfortable with the $25.00 fill-ups, gas goes back up.

[jlrosen]

Originally Posted by Iraqvet

I guess gas is going back up again. A station I usually pass everyday was 1.59 yesterday and today it is 1.79. Just when I was starting to get comfortable with the $25.00 fill-ups, gas goes back up.

it will be back to four dollars, then five. The world isn't producing more oil, production leveled out in 2003. Over-levering helped run the cost up faster than it would have otherwise, but it is just a matter of time. Could be a year from now or two years.

[HuskerDu]

It has gone from $1.79 to $1.49 and back up to $1.65 etc... for the past couple of weeks. Prices will hover around there for some time I think. They cut production too late and now Russia and OPEC are scrambling. I wouldn't expect a major jump anytime soon. In fact, it might fall some more before long.

[Vision-Quest]

In Madison Indiana it has been $1.51 for the longest time, ($1.43 in Carrolton, KY and even $1.32 in Indianapolis!) But in Madison it went up to $1.59 yesterday and up to $1.61 this morning, then back down to $1.57 this evening.

[gman5431]

Yeah, i mean next summer its going to be 4 dollars again. Perhaps 5. We should all just enjoy the price break now, its amazing this has happened. But it is also going to set up people to feel they have the right to ***** when it does go up.

G Rizzle