Tuesday, June 15, 2010

Predictions - Gas and Oil

The Real Effect Review - Oil


June 15, 2005 -
This combined with the information released from this years Bilderberger meeting stating from multiple sources (Henry Kissinger being one) that crude would at least double perhaps triple over the next year. (August 2007)
June 21, 2005 -
I believe it would be reasonable to anticipate $2.50 gas within 3 months. ($2.10 at publication, prediction occurred August 8, 2005)
June 27, 2005
I believe this will lead to the increase of gasoline prices by about 5% in the near future resulting in roughly $2.45 gas in the southeastern WI area. ($2.10 at publication, prediction occurred August 8, 2005)
August 08, 2005 -
Look for gas prices to continue to etch up in increments as the cost of crude explodes. ($2.50 at publication, prediction occurred September 7, 2005 - $3.05)
August 31, 2005
Look for...yet increasing gas costs looking to take on the $4 benchmark. ($3.05 at publication, prediction occurred August 2008)
September 22, 2005 -  
Look for oil to explode well over $3 a gallon ($2.80 at publication, prediction occurred April, 2008)
January 23, 2006
Look for gas prices to rise to roughly $2.70-$2.85 over the next few months to set the pace for $4 gasoline this summer. ($2.25 at publication, prediction occurred April, 2006; Gas did not hit $4 until June of 2008)
April 11, 2006
I believe oil and gasoline costs will continue to spike by 5-10% or 30-50% if the Straits are blocked over the next 2-3 months. (+ 12%  as of July 14, 2006, the Straits were not blocked
April 27, 2006 -
Watch for gas prices to spike another 5-10% probably tomorrow but as late as a week from now in response to Iran's 'repeated demonstration of defiance of the international community'. That would raise local gas prices from $2.99 to the range of $3.09-3.29. (Flat, no increase occurred)
June 9, 2008
I believe gas starts to creep up incrementally. It’s $3.99 now, perhaps $4.09 tomorrow, $4.19. (Prediction occurred July 2008)
September 17, 2008 -
The price will continue to fall or hold near this level as the "leaders" have sold off their oil at the peak a short time ago. For now, oil is not a factor, but will later play an enormous role when it aggressively retakes the amount that it has lost and then some. (Timeframe: 6 - 12 months) ($3.65 at publication, prediction occurred October 2008 - December 2008, June 2009 & Ongoing)

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