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GasSavers_Scott 02-23-2011 05:57 PM

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?

pgfpro 02-23-2011 09:18 PM

Re: Libya Egypt oil at 100
 
Quote:

Originally Posted by Scott (Post 158238)
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.

benfrogg 02-23-2011 09:45 PM

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.....
B

kit352 02-24-2011 04:29 AM

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.

pgfpro 02-24-2011 11:27 AM

Re: Libya Egypt oil at 100
 
Our local gasoline prices went up on the average 10 cents today.

dieselbenz 02-24-2011 11:56 AM

Re: Libya Egypt oil at 100
 
Quote:

Originally Posted by Scott (Post 158238)
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?
https://news.yahoo.com/s/afp/20110221...llutionbeijing

GasSavers_Scott 02-24-2011 01:53 PM

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.

kit352 03-01-2011 03:12 PM

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.

pgfpro 03-01-2011 03:54 PM

Re: Libya Egypt oil at 100
 
Went up another 10 cents today in my area.


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