How high prices will go we just don't know,
We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied.
If you think gas prices are high now, you are in for a real surprise, ... A spike of about 80 cents to what you currently have is very possible.
You are going to see gasoline prices higher than you saw with Katrina, ... Enjoy the prices that you have while you can.
The correlation between high oil prices and stocks has not been day-to-day. Sometimes the stock markets can ignore high prices, and the big debate is when will the prices get so high that they hurt the economy.
The strength in gasoline is supporting crude oil. It is a little early to be concerned about gasoline, but supplies have continued to trail year-ago levels week after week. Supplies are tight even with the high production rate and imports.
Maybe the economy is not hurt as much as people feared. Tight supplies plus more demand means high prices.
We really don't know the number. We're probably getting close to a point where we might find out. We haven't seen any sign that demand is faltering due to these high prices.