Oil price is now at $74, what will it be tomorrow?
458773
If it hits $200.00 im a walking
327234
They say at the start of vacation season. $100.00 Dollars a barrel is their goal. I have heard though that was a farce too, since they move it by the tanker. I saw that on the news..
993916
My opinion is only worth two points.\nBut the chance of oil topping $100 per bbl is greater than its dropping under $50.
616003
Um... well, that'd be good for us - the Euro is worth less than the U.S. Dollar, right now.  We'd get more oil for less money.
618880
It'll get to be about $3.19 a gallon (national average), with some fluctuations.....but a fairly steady rise.
360270
The basic concept is here: http://www.npr.org/templates/story/story.php?storyId=5365439\n\nThe paragraph under "Then who sets the prices?"\n\nCrude oil spot prices are here: http://tonto.eia.doe.gov/oog/info/twip/twip_crude.html\n\nGas prices are here:\nhttp://tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html\n\nGas prices are basically following the crude minus the Katrina killing of some refineries that needed to be repaired so that's probably the spike.\n\nThis is our daily usage:\nhttp://tonto.eia.doe.gov/oog/info/twip/twip_crude.html#inputs\n\nAbout 15 million barrels of crude oil per day now.  It also shows the Gulf Coast's major tank in production like I mentioned earlier around Nov '05.\n\nYou are correct that drilling in Alaska would probably not affect prices that much.  How much?  We don't know.\n\nThere's an article about it here: http://www.usatoday.com/news/washington/2005-11-03-senate-oil_x.htm\n\nUnfortunately, I don't have the DOE study handy.  Maybe you can find it for your purposes here. :)\n\nFor the actual price of crude oil, demand doesn't have to double in order for price to spike up double.  All it really takes is the minds of the traders on the futures market that something political or whatever is going on.  They are the main ones who set the prices that are used worldwide.\n\nOur net imports of oil have grown past 60% and are steadily rising every year: http://www.eia.doe.gov/emeu/mer/pdf/pages/sec1_15.pdf\n\nOne of the points touched on was worldwide demand, including India and China.  They are definitely demanding more and more each year: http://www.eia.doe.gov/emeu/ipsr/t24.xls\n\nIt's slow but it's increasing.  How much this affects prices is unknown.  Predicting the value of the stock market in 5 years is about as easy.  No one really knows.  You have to remember that market prices are always forward looking, so it's what people think is going to happen in the future.  That's what the current price today is based on.\n\nAnd last by not least, the DOE's view on the current prices: http://www.eia.doe.gov/bookshelf/brochures/gasolinepricesprimer/eia1_2005primerM.html\n\nAnyway, this is just a bunch of raw data.  I'm sure that there are about 85 ways to look at it.  Most people here take only one side of the story, but hey, that's life on the Internet.  Have fun. :)
398115
$1 = 1 point\n\nso if BLD goes from 6.50 to 7.50 tomorrow it will have gained 1 point
202996
I have! Oil prices go down and gas goes up. Supplies increase the price at the pump goes up. The 2nd biggest oil deposit in the world comes under U.S. control.... You get the idea. Enough is enough. His friends have all made a buck on this insanity, let's go back to $1.00 a gallon.
456895
Not now, wait for it to go down to $62 or so.
639864
Hey kid - get used to it.  Libs/Dims will never answer a straight forward question with a straight forward response.  \n\nJust expect vile and vitriol from the vacuous region between their ears.  \n\nSince today was  the letter "V" day on Sesame Street, I thought I would give you libs the opportunity to learn a few more.\n\nBYW answer to your question  price=supply/demand.  Simple math, nothing more, nothing less.  \n\nI suppose liberals want to save the oil so one day we can have what, an organic deposit zoo. I apologize for their ignorance and insults
344867
Tomorrow afternoon at 12pm EDT on FX
1108557
I will think so.  Yes, $70 per barrel seems to be too high.  However, with the increasing demand from developing countries like China and India, oil will probably reach $90 by this year end and over $100 next year or so.
724227
IF ITS A REALLY GOOD DEAL!!!!!!!! I WOULD GET THERE AT 11 PM THESE THINGS GO SO FAST.\n\nGOOD LUCK
1026623
Inflation.  Today's high gas prices are caused not by shortages, as the world is awash with oil.  The current pricing is driven by distribution.  Any disruption of the distribution process creates shortages, which lead to scarcity and high prices.  Current oil prices are driven by speculation in the oil commodities market.  At some point, fuel alternatives will be developed, and prices will abate.  When that happens, speculators holding high priced oil futures contracts will lose money.  The propensity is to keep prices high to avoid loss.  When, and if oil production in offshore Gulf of Mexico come back on line, oil prices will drop, probably sharply.\nThe price of petroleum affects every aspect in the production of economic goods and services, worldwide.
214543
Crude oil price fell by $1.00-Jan. 24th.\nper barrel in Alaska.
551795
I Think:\nPetrolium (gas) will be well over $4 allover the world by July. But nows its only $2.99 a gal here.\nStupid lack of oil refineries by big oil money people\nGold will be substitutable in 2010 but for now, the price will escalate
1091938
It's about 85 million barrels per day as of 2004.  It might have gone up a little more since then.  There's a large study on the DOE site.