Experts: $4 a gallon gas coming soon

[BeatleBoot]

http://money.cnn.com/2005/08/31/news/gas_prices/index.htm?cnn=yes

Experts: $4 a gallon gas coming soon
Pricing analysts say consumers can expect even higher prices at the pump.
August 31, 2005: 4:11 PM EDT
By Grace Wong, CNN/Money staff writer

NEW YORK (CNN/Money) - Consumers can expect retail gas prices to rise to $4 a gallon soon, but whether they stay there depends on the long-term damage to oil facilities from Hurricane Katrina, oil and gas analysts said Wednesday.

"There's no question gas will hit $4 a gallon," Ben Brockwell, director of pricing at the Oil Price Information Service, said. "The question is how high will it go and how long will it last?"

OPIS tracks wholesale and retail oil prices and provides pricing information for AAA's daily reports on fuel prices.

Brockwell said with gasoline prices now exceeding $3 a gallon before even reaching the wholesale level, it "doesn't take a genius" to expect retail prices to hit $4 a gallon soon.

"Consumers haven't seen the worst of it yet," Brockwell said.
He expects consumers in the Southeast and Northeast to be pinched first, following the impact of Hurricane Katrina on the Gulf Coast region.

<more at link>

[stevietheman]

1. Umm... some experts... some are already seeing above $4 and even $5 TODAY

n/t

[Halliburton]

2. coming?

it's already here!!

[liberaliraqvet26]

3. We are past that...

http://drudgereport.com/

they are gauging all over the country

[Hubert Flottz]

8. Fuck Drudge, he was a FOOL and voted for this shit!

Anyone who voted for Bush shouldn't blame anyone but themselves!

Start hitting the GOPers in the ass pocket and watch how fast they turn on Bushco!

[bpilgrim]

9. -- --- ---------- --------------- --------------- - > IMAGE

http://media.globalfreepress.com

peace

[kerryin2004]

4. hahahaha yeah baby..

I am Going to go buy me a motorcycle and laugh at all the SUV's.

[Webster Green]

5. Hey chimpy!.....Time to start "jaw-bonin" them there Saudis....

What's up with that, Mr. big shot cowboy prez?

[Doctor_J]

11. Yes, Candidate Bush was tough on them OPEC barons

Resident Bush is too busy with his Residential Seal guitar.

[mcscajun]

6. Someone ought to send those "experts" this link...

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=104&topic_id=4537101&mesg_id=4537211

[Doctor_J]

7. While I was teaching Calculus today (2 hrs)

my station went from $2.69 to $2.99.

[Hello_Kitty]

13. Stop teaching Calculus then!

Sorry...couldn't resist :)

[Doctor_J]

14. Well, in my other class this semester

we are doing a "consumer math" unit. We'll be comparing the cost of driving to school during the Clinton years to driving to school now. Ah, maleable young minds...

[JanMichael]

10. Wow! They sum smrtt expurts!

Jebus chritufus how insightful:eyes:

[Lone_Star_Dem]

12. Yep, today in Georgia it neared $6 in some places

Isn't it a terroristic attack to inflict terror on people for your own agenda? Where's homeland security?