Remember $2.99 gas for 3 years?

[TheProfiteer]

I predict that your prediction is wrong. It won't stay this low, but will not top $150 a barrel.

care to make a wager?

I have $50 bucks on that by May-June 2009, it will be at least $130 per barrel of crude oil, and that Regular Gasoline in the south will be no less than 3.99 a gallon.

(yes its not $150 a barrel, or $5 a gallon, to be on the safe side)

[Kaiser]

care to make a wager?

I have $50 bucks on that by May-June 2009, it will be at least $130 per barrel of crude oil, and that Regular Gasoline in the south will be no less than 3.99 a gallon.

(yes its not $150 a barrel, or $5 a gallon, to be on the safe side)

There's a better way to bet with that money. Buy an Oil Future and hold onto it until it hits $150 a barrel, and sell it. Then you will have tripled your money if you were right, and be out far less if it was wrong. Ironically, your buying the Oil future will help to stop price sink and return prices to normal, while you selling at $150 will help to stop price growth and return prices to normal. Funny how the commodities market works, huh?