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Old 02-23-2011, 06:57 PM   #1
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Libya Egypt oil at 100

With the unrest in both countrys, 11 to 13% of oil production could be effected. Gas prices could go up by 25 cents and could go higher. This could be a spike, or start a trend. How long will it last?
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Old 02-23-2011, 10:18 PM   #2
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Re: Libya Egypt oil at 100

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With the unrest in both countrys, 11 to 13% of oil production could be effected. Gas prices could go up by 25 cents and could go higher. This could be a spike, or start a trend. How long will it last?
This is going to get really interesting.
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Old 02-23-2011, 10:45 PM   #3
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Re: Libya Egypt oil at 100

NPR says we could see $4 a gallon again soon if Iran/bordering countries get involved with protests, etc. I'm ready, maybe then people will change their actions/ buying habits for more efficient vehicles.....
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Old 02-24-2011, 05:29 AM   #4
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Re: Libya Egypt oil at 100

well saudi arabia is straight up paying its people not to revolt so we are safe from them anyway. libya will be an issue for a while, at least until momar is eliminated. im planning on $4 a gallon by june.
too bad it didnt happen sooner. it may have saved my solar panel job. last time gas spiked to $4 it took us a year to produce enough panels to cover the orders.
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Old 02-24-2011, 12:27 PM   #5
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Re: Libya Egypt oil at 100

Our local gasoline prices went up on the average 10 cents today.
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Old 02-24-2011, 12:56 PM   #6
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Re: Libya Egypt oil at 100

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Originally Posted by Scott View Post
With the unrest in both countrys, 11 to 13% of oil production could be effected. Gas prices could go up by 25 cents and could go higher. This could be a spike, or start a trend. How long will it last?
Or not. Seriously, who cares. We should be so lucky that mid east oil production gets shut down for a while. Have you see what China is going through?
http://news.yahoo.com/s/afp/20110221...llutionbeijing
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Old 02-24-2011, 02:53 PM   #7
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Re: Libya Egypt oil at 100

January 7, I paid 3.07, Feb 23, gas was 3.27, today Feb 24 gas is at 3.47.
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Old 03-01-2011, 04:12 PM   #8
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Re: Libya Egypt oil at 100

its now getting very tough for me to get gas for under 3.50. in ct its about 3.65+. some govement gas official was on the tv today saying itll be 5 bucks by the end of the month.
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Old 03-01-2011, 04:54 PM   #9
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Re: Libya Egypt oil at 100

Went up another 10 cents today in my area.
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