I lost my bet on gas prices (w/ new poll!)
Today's the day the bet comes due: March 21.
If you recall, I tank up at an off-brand place which regularly has the lowest prices around. I thought that gas prices would be more than $2.509 a gallon there today.
I was wrong. And, so was everyone else who took the poll. But, hey, we were predicting the future.
This morning, driving by, the price was $2.399.
That price has been holding now for about 10 days. It's up considerably from where it had been right before the election. In my earlier diary, I noted the price was $1.919 on November 7, making a 48 cent/gallon increase in four months - a hair better than 25%.
Not too shabby if you're an oil company, considering there has been no supply interruption or new debacle affecting oil prices. I still think the prices were manipulated pre-election. That the price has not hit the $2.509 I thought is nice, if only because filling up costs me a buck and a half less than it would, if I had won my bet.
(a) What will be the price of gas on the first day of summer, June 22, 2007 at my favorite off-brand place?
(b) Will Alberto Gonzales still be Attorney General on June 22, 2007?
I've set out eight combinations of prices and the Gonzo gone-zo question; the price combinations reflect middle bands of a 25% increase and a 16% decrease and the extremes. Gonzo is either in office, or not. For him, if June 22 is his last day, he's in office....
As always, this is for fun only and the only reward is the knowledge that you were right (or not).
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