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libertad’s journal

Gas Price Contest

· 🌡️ 74°F

I just witnessed the price of gas being changed at the Landes and Blackwell across the street. $3.04 to $3.07 per gallon. Can anyone guess what it will be a month from now?

update: This is a contest. Please have your guess in by Friday 7/28/06!
43 words

💬 13 comments

  1. paul ·

    I hope it will be under $20. Thankfully I am moving 2 blocks from a job I plan to keep for the rest of my working life.
  2. kara ·

    If the situation in Lebanon continues and expands, I think on August 25, 2006 gas will be at $3.61/gallon. And we'll be thankful it isn't higher.
    Start weatherproofing your windows and doors for the winter, folks. The price to heat your home will be even worse than 2005-06.
  3. zobar ·

    August 25 2006: $3.219/gal at the Citgo on Colvin & Linden.

    When I bought my Prius in Jan 2003 I determined, given then-current mileage patterns and assuming gas prices did not rise, that over the course of my 5-year loan, the cost of my car and gas would be the same whether I bought a Prius [51cty/45hwy] or a Corolla [30cty/34hwy]. The price difference was somewhere around $6000, and gasoline cost about $1.60/gal in New Jersey.

    I also seriously considered buying crude oil futures at the same time, but I thought it was a little overcynical [not to mention that after buying the car I wasn't exactly flush with cash]. Now that it's $80/bbl I think it's too late to make any serious money off of it and I kick myself every time I read about rising crude prices. I would have nearly tripled my investment by now.

    - Z
  4. ladycroft ·

    it was a blessing that aqua mouse crapped out. i couldn't afford to fix her, but i can't afford gas anyway!
  5. twisted ·

    Diesel car owners can convert them to veggiemobiles :::link::: "not just for hippies" anymore!
  6. vincent ·

    I'd say about $3.50.

    Sadly most Americans will not change their driving habbits until it goes beyond $4 as most talking heads on TV say.
  7. jason ·

    I don't know if driving habits will change even at $4 a gallon. Think about what people are being told: Don't drive to work, don't go on vacation, don't buy anything at the store. It is not at all realistic to hope that people change their driving habits until it cuts into them being able to take care of the basics.
  8. libertad ·

    @paul, @ladycroft, @twisted and @jason please enter an exact amount to qualify for the contest. @zobar the contest is based on prices at the Landes and Blackwell on Elmwood. Is your $3.219/gal your guess for the above location?
  9. jason ·

    3.17
  10. metalpeter ·

    $3.35 is just a guess.
  11. mike ·

    i'm gonna be a little crazy and guess $2.64? Who knows? lately customers have been commenting that their prescriptions are getting cheaper (let me tell you this almost never happens but seems to be happening lately). So who knows, maybe gas will be the same!
  12. hodown ·

    My guess is 3.299
  13. twisted ·

    Sorry - I'm more verbal than mathematical. I have no clue!

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