I have seen a flurry of recent predictions on oil and gas prices going forward, so I thought I would share some. Most of them support the thesis I recently put forward that we are setting the stage for another run on prices over the next 3-5 years. But with predictions all over the map, it’s no wonder that people are confused.
Miss $4 gas? It’s not coming back any time soon
“For retail prices, I expect we’ll see the national average for regular grade gasoline near $2.25 gallon by the May-June period, and about $2.25 to $2.35 a gallon for the July-August period,†said Brian Milne, refined fuels editor at DTN, an Omaha, Neb.-based commodity tracker.
Brace Yourself (and Your Portfolio) for an Oil Price Shock by 2012 Or Sooner
In his press conference last week, Obama said the country can’t afford to wait to tackle its oil addiction “until the next time [...]
Dueling Price Predictions
I have seen a flurry of recent predictions on oil and gas prices going forward, so I thought I would share some. Most of them support the thesis I recently put forward that we are setting the stage for another run on prices over the next 3-5 years. But with predictions all over the map, it’s no wonder that people are confused.
Miss $4 gas? It’s not coming back any time soon
“For retail prices, I expect we’ll see the national average for regular grade gasoline near $2.25 gallon by the May-June period, and about $2.25 to $2.35 a gallon for the July-August period,†said Brian Milne, refined fuels editor at DTN, an Omaha, Neb.-based commodity tracker.
Brace Yourself (and Your Portfolio) for an Oil Price Shock by 2012 Or Sooner
In his press conference last week, Obama said the country can’t afford to wait to tackle its oil addiction “until the next time [...]
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