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Author Topic: [Poll: 2012.11]: How much higher do you think the price of a barrel of crude o... Back to Topics
JT

Moderator
Message Posted: Mar 11, 2012 12:01:01 AM

How much higher do you think the price of a barrel of crude oil will go between now and Labor Day this year?
It will not go any higher
$10
$20
$30
$40
$50 or more

Post your thoughts about this poll below.
REPLIES (newest first) Post a Reply
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123Bucks
Sophomore Author Detroit

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Message Posted: Sep 10, 2013 11:48:28 PM

40 dollars higher
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Chulie13
Sophomore Author Pennsylvania

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Message Posted: Apr 12, 2013 8:05:20 PM

I don't know. But they always take advantage of winter and holidays.
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achung53
Veteran Author Orange County

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Message Posted: Dec 22, 2012 1:23:09 PM

$20
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knutzAL
Champion Author Alabama

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Message Posted: Oct 17, 2012 8:44:02 PM

sorry this topic depresses me. HAGD
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fhnorth
Sophomore Author Nevada

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Message Posted: Sep 3, 2012 2:12:00 AM

$20
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Ferdman17
Champion Author Albany

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Message Posted: Aug 30, 2012 9:41:33 PM

$10
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gizmojoe
Veteran Author Ontario

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Message Posted: Aug 5, 2012 7:51:15 AM

I'm thinking 140 a liter by end of summer??
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fhnorth
Sophomore Author Nevada

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Message Posted: Aug 2, 2012 6:05:20 AM

$20
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Sumflow
Rookie Author Honolulu

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Message Posted: May 14, 2012 6:48:10 AM

Prices will fluctuate.
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papa56NC
All-Star Author North Carolina

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Message Posted: Apr 27, 2012 5:44:56 AM

The people can asked the goverment because they already know.
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hotdog2012
Rookie Author Hamilton

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Message Posted: Apr 15, 2012 11:25:11 PM

I beleive we will be paing a 150 a litre by summer of 2012.
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cupboy
Champion Author Salt Lake City

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Message Posted: Apr 15, 2012 9:06:13 PM

Shouldn't the first post indicate the price of oil on that day? Then we can check back after Memorial Day to see how close we were.
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Road4Runner
Sophomore Author Ontario

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Message Posted: Apr 10, 2012 8:20:16 AM

Whom really knows perhaps, the price for oil per barrel may rise $10.00 /barrel or it could decrease $10.00. Every aspect of life affects this commodity as it flows. It could even stop flowing .. all things do come to an end. This is just more food for thought out there.
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bigmaccal
Rookie Author California

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Message Posted: Apr 5, 2012 10:00:38 AM

maybe 20
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renee6
Rookie Author Kansas

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Message Posted: Apr 5, 2012 9:51:05 AM

Who really knows......
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dre596
Sophomore Author Hartford

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Message Posted: Mar 21, 2012 6:57:57 PM

20
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STONEAB
Rookie Author Alberta

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Message Posted: Mar 21, 2012 3:47:19 PM

I CAN SEE IT SLOWLY RISING HOPEFULLY NOT TOO MUCH HIGHER
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JoeGasBud
Rookie Author Twin Cities

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Message Posted: Mar 21, 2012 3:15:52 PM

Prices are rising very slowly; so a large increase will not occur too soon.
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NakedDriver
Champion Author Des Moines

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Message Posted: Mar 18, 2012 12:26:28 AM

ə i think it will go up by $30, then retreat. ə
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ranger1169
Champion Author Harrisburg

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Message Posted: Mar 18, 2012 12:14:03 AM

20
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SammyAdams
Champion Author Tallahassee

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Message Posted: Mar 17, 2012 11:07:43 PM

Our average price for many mid grade fuels and most premium fuels is already over $4 per gallon NOW. If something doesn't change very soon, the predictions for $5 per gallon by Labor Day will appear to be modest.
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cwashi3324
Champion Author Cincinnati

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Message Posted: Mar 17, 2012 9:34:58 PM

$40 easily...
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OKRifle
Champion Author Oklahoma City

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Message Posted: Mar 17, 2012 8:44:16 PM

You are asking US?
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Bonanza
Champion Author Boston

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Message Posted: Mar 17, 2012 8:33:54 PM

no more than $10.00
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99dakota
Champion Author Providence

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Message Posted: Mar 17, 2012 7:59:13 PM

Who knows? I don't have a crystal ball that can predict the future
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ravenna2GR
Rookie Author Michigan

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Message Posted: Mar 17, 2012 7:26:10 PM

Another $20 a barrel of oil price increase is reasonable. Another 80 cents on top of current gas prices is also to be expected. The simple reason is that our money is less valuable, so it buys less. Speculators are only responding to the underlying loss of value of currency. The longer the fed reserve keeps the interbank interest rates at o% the worse it will get. In 1980 after four years of Carter White house the gas price adjusted for inflation in today's money, was $3.48.

Taking into account improvements in gas mileage, today the shock value is lower even with $4 gasoline. There are no gas lines. All things being equal $5.50 is probably the breaking point for 80% of households. If you are hurting now, it's the lack of good planing by buying inefficient vehicles in light of all evidence that suggests the price of fuel isn't going to come down.
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notijeka
Sophomore Author Oklahoma

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Message Posted: Mar 17, 2012 4:47:05 PM

There will be no limit on the price per barrel because of the pure greed on the part of the oil traders. They could give a rip less about the end user of petroleum products. All that they are interested in is the amount of profit they can glean from each barrel of oil that they spec buy on the commodities market. We are at their mercy.

[Edited by: notijeka at 3/17/2012 4:48:02 PM EST]
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chui
Champion Author Dallas

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Message Posted: Mar 17, 2012 4:32:24 PM

4.15
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PhyllyQC
Rookie Author Montreal

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Message Posted: Mar 17, 2012 4:20:37 PM

I don't think it will go any higher between now and Labor Day.
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zacksnanny
Champion Author New Brunswick

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Message Posted: Mar 17, 2012 3:25:40 PM

20.00
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NavyStore
Champion Author Seattle

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Message Posted: Mar 17, 2012 2:54:36 PM

Depends on how crazy the folks in Tehran are and how much ad time the folks at the American Petroleum Institute can buy.
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N9HVP
Champion Author Indiana

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Message Posted: Mar 17, 2012 2:03:12 PM

$20.
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SuperMoto
Champion Author Connecticut

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Message Posted: Mar 17, 2012 1:54:16 PM

It will not go much higher. If it does the economy will collapse sooner than it will later. But it will collapse because of wall street and the banks.
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cashpayer
Sophomore Author Raleigh

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Message Posted: Mar 17, 2012 12:46:17 PM

Does anyone have a good link to a reliable web site reporting the price of a barrel of crude on a daily basis? I have yet to find one.
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awillisant
Champion Author Mississippi

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Message Posted: Mar 17, 2012 12:43:15 PM

$10
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cashpayer
Sophomore Author Raleigh

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Message Posted: Mar 17, 2012 12:39:49 PM

Depends largely on the Middle East. If Israel attacks Iran soon Iran would probably retaliate against us and oil shipments would be held up.

But keep in mind the price of crude doesn't necessarily relate directly to gas prices. Last I heard we we under $107 per barrel, and a couple of years ago we hit about $130 per barrel, but the price of gas was much lower then than it is now.

What we pay for gas bears more directly on the greed of the big oil companies and the greed of the dam* speculators.
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blueford03
Rookie Author Wisconsin

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Message Posted: Mar 17, 2012 12:22:05 PM

high enough now no need to increase lets all hope for decrease!!
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BirdDog4
Sophomore Author Oakland

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Message Posted: Mar 17, 2012 11:38:45 AM

Of course it depends on how far the speculators can push it up. Greedy SOBs.
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Lengas
Champion Author Gary

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Message Posted: Mar 17, 2012 11:14:15 AM

$20. Gas would be alot cheaper if our gubbermint would STOP big oil from EXPORTING OUR gas and oil and keep it here!!!!! Then there would be COMPETITION between oil co's like years ago and prices would drop to normal. GREEDY SOB'S
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keo
Champion Author Colorado

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Message Posted: Mar 17, 2012 9:37:50 AM

20
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AlTraveler
All-Star Author Alabama

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Message Posted: Mar 17, 2012 9:36:34 AM

$20
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Carolined61
Rookie Author Michigan

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Message Posted: Mar 17, 2012 9:22:26 AM

There is no limit to madness!!
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Z06KY
Champion Author Louisville

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Message Posted: Mar 17, 2012 8:41:47 AM

20.00
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riceburner1
Champion Author Tampa

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Message Posted: Mar 17, 2012 8:18:56 AM

Will we revisit this question on "Labor Day" to see who is correct ?? NOT !
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cigarman409
Champion Author Massachusetts

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Message Posted: Mar 17, 2012 8:00:05 AM

too high now
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cigarman409
Champion Author Massachusetts

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Message Posted: Mar 17, 2012 7:59:47 AM

20 my guess
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Ziggy1962
Champion Author New Jersey

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Message Posted: Mar 17, 2012 7:02:30 AM

Depends on how greedy speculators want to get!!
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pkhdonovan
Champion Author Maine

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Message Posted: Mar 17, 2012 3:52:04 AM

don't know
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MaryKayByBJ
Sophomore Author Orange County

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Message Posted: Mar 17, 2012 2:25:57 AM

The price of crude is a global issue and I would be incredibly egocentric to believe that anything the USA does in regards to drilling, etc. would effect it. The economics of easily transportable goods is world-wide. There is not any such thing as being able to control prices by merely increasing our production. That argument ignores the increased demand for oil by other countries, such as China and India. It also ignores the effect of saber-rattling on all things from the Middle East.
True ND's unemployment rate is down to 3.2% - however, one should recall that percentage changes for small populations are greatly altered by very small changes in raw numbers. The ENTIRE STATE has less than 684,000 people (US Census). That is less than a medium sized CITY!!
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e3p0
Champion Author Columbus

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Message Posted: Mar 16, 2012 10:53:12 PM

I agree to Graysharky.
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