Gas Prices Could Peak at $4 This Summer

iVillage Member
Registered: 03-19-2003
Gas Prices Could Peak at $4 This Summer
18
Wed, 04-09-2008 - 8:20pm

Gas Prices Could Peak at $4 This Summer (MSNBC) http://www.msnbc.msn.com/id/24013419/


Retail gas prices could climb as high as $4 a gallon this summer, but prices at such lofty levels will make many Americans think twice about hitting the road this summer, the Energy Department say. High prices and a weak economy are expected to cut demand for gasoline by about 0.4 percent during the peak summer driving season, the department’s Energy Information Administration said in a monthly report on petroleum supplies and demand. Overall consumption of petroleum products will drop by 90,000 barrels a day this year. Previously, the EIA had projected petroleum consumption would rise by 40,000 barrels a day.


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iVillage Member
Registered: 08-10-2005
Wed, 04-09-2008 - 9:18pm
Moron greedy oil companies.
iVillage Member
Registered: 09-29-2003
Wed, 04-09-2008 - 10:29pm
It's already $3.63, I fully expect $4 BEFORE summer arrives.


 


Mich

iVillage Member
Registered: 05-29-2003
Thu, 04-10-2008 - 8:09am
Yeah really.. I'm sure the Exec's at Exxon will have another record breaking year and get nice healthy bonuses.. but I fully expect gas to top $4 this Summer. I think all that we have been hearing about it is just gearing us to accept it.
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iVillage Member
Registered: 08-10-2005
Thu, 04-10-2008 - 10:08am
I hope that retired EXXON (Jabba the Hutt) faced exec. trips over his chin. Yes, I'm sure you are right about the BIG bonuses. I guess my Martin rolls and potato chips will go up in price too. LOL.
iVillage Member
Registered: 05-29-2003
Thu, 04-10-2008 - 10:21am

I guess my Martin rolls and potato chips will go up in price too. LOL.

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iVillage Member
Registered: 08-10-2005
Thu, 04-10-2008 - 11:00am
The store I buy them at charged 2 bags for 5.00.
iVillage Member
Registered: 09-29-2003
Thu, 04-10-2008 - 11:47am
Oh that's right, I had heard the price of flour went up too......bummer!


Michelle


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Mich

Avatar for loudlady
iVillage Member
Registered: 03-29-2003
Fri, 04-11-2008 - 10:08pm
No need to wait until summer for the $4 a gallon in the SF Bay area. I saw $4.02 for regular in Palo Alto this morning.
iVillage Member
Registered: 02-27-2008
Fri, 04-11-2008 - 10:32pm

Yeah, but I think the philosophy there is "if you can afford to stop for gas in Palo Alto, you can afford $4 a gallon".

iVillage Member
Registered: 01-02-2008
Sat, 04-12-2008 - 3:05am
It's at 3.87 in "dirt" cheap Riverside county. $4.39 if diesel.

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