Tuesday, March 1, 2011

projected gas prices forecast 2011

projected gas prices forecast 2011 : Predicting or forecasting the crude oil price in 2011 is more difficult than merely looking at an oil price chart. Huge economic forces need to be balanced out in order to even guess at future values. Here are what some analysts think.

Technical Forecast of Oil Prices in 2011
Simple analysis of support and resistance levels over the past few years give some clues as to key levels. A strong support lies at $50 per barrel. If prices should falter this will be one level where prices could stabilize. Another resistance is at $100 dollars. Prices may have a difficult time breaking through to the triple digits. Once it does however, this will become a new floor of support. Read More...

U.S. Natural Gas Price Forecast
All forecasts are provided AS IS, and FFC disclaims any and all warranties, whether express or implied, including (without limitation) any implied warranties of merchantability or fitness for a particular purpose. Read More...

estimated gas price predictions summer 2011
The national average price of regular gasoline rose 1.8 cents to $ 3.07 per gallon in the week ending Monday, the Energy Information Administration said. The price remained at its highest rate since October 13, 2008, for the fifth consecutive week. Prices are up 7.5%, or 21.4 cents, in the period. Prices are 15.2%, or 40.5 cents above a year ago, making the biggest premium since May 1917

Domino’s, Goldman Sachs, Las Vegas Sands: U.S. Equity Preview
Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 8:15 a.m. in New York. Domino’s Pizza Inc. (DPZ US) declined 2.1 percent to $16.60. The pizza-delivery chain reported earnings of 40 cents a share on an adjusted basis, in line with the average analyst estimate, Bloomberg data show. Read More...

Gas prices rise, but will it last
But David Sykuta, executive director of the Illinois Petroleum Council, doesn’t expect a repeat of 2008 when Illinois’ average price of a gallon of regular unleaded gas hit an all-time high of $4.25 a gallon on July 17. And unlike some oil industry analysts, he doesn’t think the price of a gallon of gas will soar to $5 down the road. Read More...
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