$150 - $200 Crude Oil? How High Will Gas Prices Go?

[DayTradersWin]

You may be interested in day trading, day trader, day trade videos - technical analysis - for wealth building

[TradeWorth]

you call this a youtube channel prechter. get some real videos and analysis on here so your fans can track it and listen to your updates. C"MON

[advancedwarfighter07]

the wave 4 is a zig zag with a failed c

[sungreen2010]

One of THE BEST FREE FOREX ROBOT

earns $5628 from $2000

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[Omega231984]

I find it strange how Desiel has always been a dollar or 2 higher than regular gas, but every time I pass Shell the prices are identical

[rockandrock44]

It's going to go down for the short term. Now that the 5 wave trend upwards has ended, it will decline for another three cycles.

The bad news is that it will eventually break records again in the years to come.

[TYX91101]

Bob's 1995 book AT THE CREST OF THE TIDAL WAVE

contains a chart that outlines the likely course of the stock market for the next 100 years. That alone is worth the price of the book. And I'll give you a hint - the Dow will never see 36,000 as predicted by another analyst about 10 years ago.

[assoonas1]

$138 a barrel how screwed are we? Both my wife and my jobs could be gone soon. If you think yours is safe, your wrong.

I know well educated people that are filling out apps at Wal-Mart.

[lilrog0909]

your I'm a commercial pilot working part time at Walmart... People are not flying anymore! Education is getting too expensive so I'm taking some community courses. Don't knock me for trying to survive my friend drop out of aviation academy because of oil prices. Now I'm thinking about studying agriculture... I'm not about to be the sucker doing manual labor once gas reaches another peak... lol

[assoonas1]

I'm not knocking Wal-Mart I'm just saying this country is screwed and the government just letting it happen.

Watch what is happening and it's only going to get worse. Gas is going up, up and further up and they don't give a shit

[darthisaiah]

At least since you guys have a lot experience you can get jobs, but people like me just out of high school with little to know experience are struggling to get by. I cant get a job and college prices are going higher a long with gas prices. The only way to stay in school is to make loans and im not about to do that.

[Omega231984]

No we let it happen, all the government does is look away, trying to avoid looking at a very glim economic future with a culture that does nothing but draw unemployment with a GED that never implies itself and sues every time the government sneezes

[FreemanGordan]

Does this guy have any statistics training? That graph shows nothing. There are some lines drawn and some points marked, but it means nothing.

[Durusial]

Oil is now at $135 dollars a barrel.

[Roonskii]

who said GWB failed in the oil biz

[cheddardawg]

EW is a scam - the 5 count and the abc decline are about the only thing "useful" - the major contribution elliot gave traders were fibonacci's.

elliot technicians always can find a pattern from the past - have you ever seen a wave count of the dow in the 70s from the book? nobody could predict all those minor turns. but they are readily explained given time.

[peebeebaynut]

The title "How High Will Gas Prices Go?" is a question that went completely un-addressed by this video.

[katakanadian]

Demand is rising. Production capacity is near peak. Reserves will fall off to virtually zero eventually even as demand rises. i.e. increasing demand for a declining supply. Prices will go through the roof until we completely abandon fossil fuels for energy.

$300/barrel? Duh!

[JimmyFloyd2008]

Theres no shortage of oil..at least not yet..seems a sparrow pissing against a pipe will drive the price up by $5..its a bit mad ..there are other forces at work here..oil company like bp earning record profits and the arabs in dubai building a mega city..everyone is getting scamed big time!!

[kkob]

Patterns is right. Apply Chaos Theory to the market? It works.

[JanneJH]

By the end of this decade oil will top $200. Next decade, dunno know... $300?

[grimesgw]

Doubt it! It appears that oil is in a "blow-ff" period, after which it will begin a long-term (possibly crash-like) decline. That's the problem with extrapolation. Past performance is NEVER indicative of future results.

[ArchaicRevivalx2012]

What's your top for oil? $150.00?