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Old 04-15-2009, 02:52 PM   #1
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Default REPORT: Energy Department predicting summer gas price high of just $2.30/gallon

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We've heard it a million times: What's good for General Motors is good for America. Well, if low gas prices are good for America (and that is a debatable point), then Charles Wilson's saying does not work the other way around. According to USA Today, the U.S. Energy Information Administration is predicting that gasoline prices will hover around $2.23-$2.42 between now and the end of 2010, with a summer high of just $2.30 this year.

Why does GM care about this? Because they need higher prices to make their forthcoming Chevrolet Volt extended-range plug-in more appealing. GM has already admitted that the Volt's price tag will be connected to the price of gas when the plug-in car goes on sale at the end of 2010. Before he was booted, then-CEO Rick Wagoner said that $4 gallons were not the worst idea.

Why does the EIA think that $3 gasoline isn't on the horizon any time soon? Because of low demand and low global crude prices. The weak economy and surplus oil production capacity don't help one bit, either. Diesel fans could feel like winners, though: the EIA thinks that diesel prices might soon drop below gasoline for the first time in two years.
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Old 04-15-2009, 03:12 PM   #2
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ooo i need me a diesel
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Old 04-15-2009, 03:18 PM   #3
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thank god.
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Old 04-15-2009, 03:52 PM   #4
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well finally... it really sucks filling up on 200+ gallons of diesel when it's more than gas
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Old 04-16-2009, 01:55 AM   #5
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i'll believe this when its august and I havent paid more than what is claimed here
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Old 04-16-2009, 02:02 AM   #6
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i'll believe this when its august and I havent paid more than what is claimed here
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Old 04-16-2009, 03:18 AM   #7
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Road. Trip.
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Old 04-16-2009, 09:30 AM   #8
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Old 04-16-2009, 09:37 AM   #9
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stimulate that economy
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Old 04-16-2009, 09:39 AM   #10
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i don't believe it.
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Old 04-16-2009, 09:40 AM   #11
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Yea BS. 93 already costs that much for the most part. Tell me its not gonna cost more in June. YEA RIGHT.
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Old 04-16-2009, 09:41 AM   #12
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Old 04-16-2009, 03:47 PM   #13
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I'm payin $2.41 right now.
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Old 04-16-2009, 03:50 PM   #14
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Yea BS. 93 already costs that much for the most part. Tell me its not gonna cost more in June. YEA RIGHT.
we are usual .20 above the Nat. average in chicago land
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Old 06-01-2009, 11:57 PM   #15
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bump cause i want to interview for a job with these retards and just pull #s out of my ass and make a decent living doing so.... morons
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Old 06-02-2009, 12:01 AM   #16
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Hmm...$2.30 /= $2.80

They were right on one thing, diesel is cheaper
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Old 06-02-2009, 08:11 AM   #17
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I noticed that over memorial day weekend that diesel was cheaper than gas

damn
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Old 06-02-2009, 08:27 AM   #18
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Yeah no shit, I need to upgrade to a deisel. 2500HD is in the future, oh yes.
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Old 06-02-2009, 08:37 AM   #19
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gas may very easily hit $4 again this summer... i wouldnt be surprised.
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Old 06-02-2009, 08:42 AM   #20
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i just paid 3.07 yesterday for 93. Please dont tell me it is going to go up to $4.
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Old 06-02-2009, 09:05 AM   #21
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I knew this was wrong when Mook posted it.
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Old 06-02-2009, 09:29 AM   #22
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god damn was autoblog way off
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Old 06-02-2009, 09:29 AM   #23
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Damnit, Mook. Why must you LIEZ TO US?
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Old 06-02-2009, 09:37 AM   #24
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Poor reporting... This article should have been in The Onion.
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Old 06-02-2009, 04:14 PM   #25
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i hope it doesn't see $4/gal either, it would seriously break my bank right now
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