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The poll: https://www.strawpoll.me/45834705

My predictions -

Winter 2021-2022 range: rising but below $4/gal

Spring 2022: $3.90+, and toward the middle/end of spring, $4.34 a gallon

Summer 2022: $4.68 - $5.14

Fall 2022: Drop in demand and high debt load combine and political upset, combine to hold gas prices stable in the $4.50 to $5.20 range.

Winter 2022: Rising from $5.14 to 5.66

Last-three-quarters model (Summer, Fall, Winter 2022): Worst case scenario. $6.27 a gallon, as the rest of the country follows Californias lead and debt defaults and financial contagion hit u.s. domestic and international markets.

The poll: https://www.strawpoll.me/45834705 My predictions - Winter 2021-2022 range: rising but below $4/gal Spring 2022: $3.90+, and toward the middle/end of spring, $4.34 a gallon Summer 2022: $4.68 - $5.14 Fall 2022: Drop in demand and high debt load combine and political upset, combine to hold gas prices stable in the $4.50 to $5.20 range. Winter 2022: Rising from $5.14 to 5.66 Last-three-quarters model (Summer, Fall, Winter 2022): Worst case scenario. $6.27 a gallon, as the rest of the country follows Californias lead and debt defaults and financial contagion hit u.s. domestic and international markets.

(post is archived)

[–] 1 pt (edited )

In short bro, I never thought people would do the things i've seen in the last year so expect the unexpected. Inflation is here and it won't stop. Inflation adjusted prices per $ a barrel of oil are at minimum 50%. At $175 08 crude, average gas prices were 4.10. Spot crude today is $81.17 with an average cost per gallon of gas at $3.36.

Do the math. Any big energy shock this winter will send things parabolic.

EDIT: Massive price surges is in fact price discovery to see how much money is actually out there.

[–] 1 pt

Do the math. Any big energy shock this winter will send things parabolic. EDIT: Massive price surges is in fact price discovery to see how much money is actually out there.

Oh hell, I didn't even consider those angles. You know what, I think you're right! (but then, I'm terribly cynical).