Thread: Going Up
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Old 02-04-2015, 04:51 PM   #3
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Location: Fayetteville, GA, USA
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I think it will vacillate around the $2.00 mark.

OPEC is trying to put our drilling and fracking companies into bankruptcy by forcing the price artificially low. (And the Russians are NOT happy about that one bit as they too are oil exporters and really need the money) Once the threat from our fracking technology is over, they hope, according to one source, to shove oil up over $200 a barrel.

I'm cautiously optimistic the pressure from the frackers (who surely must have know this would happen and planned for it economically) and pressure from OPEC and pressure from demand will settle gasoline prices about where it is now.

The price will wobble about on the whim of daily current events, no doubt.

In the mean time, if the urge strikes you, better hit the road while the price is right!

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