wr3kt said:My predicitions:
Oil - Peak at $77 over the summer
Gas - National average of $3.50
Natural gas - Increase at least 20%
Electricity - Increase maybe 10-15% during the summer and might actually and stay there.
Oil - Peak $65 tops. OPEC understands that the current infrastructure cannot support more than $3/gal for very long, they won't jump the prices up that high that fast. This estimate changes the second Isreal bombs the crap out of Iran of course.
Gas - At $3.25 Dubya is going to open the American Oil Reserves to hopefully stabilize prices. If this happens expect to see ANWR expeditions within the week.
Natural Gas - Increase of no more than 15%. Just because.
Electricity - Meh, you guys should thank god you don't have to deal with Baltimore Gas and Electric. They are 'merging' with Consellation, and are 'phasing in' new billing practices over the course of the next 4-6 months. The average electric bill is expected to increase by 77%.
Meh, just thinking about this makes me happy I'm moving to be closer to work. At the current 16mpg that my '99 V8 Explorer gets I'll have to fill my tank once every 2 weeks. That's right, envy me bishes.
(now to find somewhere to put the bike so I can commute on that, one 3 gallon tank every 9 days sounds super sweet, even if it is premium)