Summer is approaching, and around here a gallon of regular gasoline is about $2.79 a gallon. Someplaces a bit higher, some a bit lower. A barrel of crude topped $70 yesterday. With growing crisis in Iran, ongoing crisis in Iraq, and tension everywhere else, I don’t see prices dropping anytime soon. And hurricane season starts June 1st. This affects refineries along the Gulf Coast and oil platforms in the Gulf of Mexico. Not to mention unforeseen problems like fires at other inland refineries, etc.
So, let’s have a contest. Guess when the price of regular gasoline, on average, in the USA, tops $4 per gallon. Closest to the actual date wins. We’ll need an unbiased site that monitors average prices to be the arbiter of when this occurs (may be in weeks, not days, but we can adjust for that). I’ll offer up some sort of prize… finances are a bit tight now, so it may just be a gallon of gasoline. But if I can swing it when it happens I’ll do ten gallons or roughly a full tank for a small, economical vehicle. If you drive a 7 miles per gallon behemoth then you’re part of the problem, anyway.
Wouldn’t be the first time. Especially when ~intend~ something different than what I ~write~.
Going into July 4th weekend after a super hurricane might not be a bad bet, drm.
You know, I’m going with June 15th myself. I’ve already seen 3.09 here in DC so I figure by the time summer rolls around, gas should be ready to break the $4.00 barrier.
Didn’t Greenspan say a while back that if gas hit an countrywide average of $3.75 a gallon for regular the economy would crash? I have been trying to Google it, but it is timing out on me, just like this site most of the time… hmm…
