u/Professional_Deer464

The takes I've been seeing around reddit involving the oil situation have gotten me curious. I'm sure you've seen people commenting on gas reaching a national average of 8,9,10 dollars or beyond, though it's difficult to determine if those are just jokes. After a bit of digging I found a couple sources that crunched the numbers to predict where the prices will peak.

This first one predicts a national average price in the upper 5 dollar range. While I normally take WSB stuff with a grain of salt the OP did mention their expertise in the subject matter, so I'm inclined to believe them. They also mention the possibility of things turning out slightly worse resulting a price beyond $6.

This one has multiple outcomes ranging from $3.75 and $5.75 depending on how the war plays out in the near term. If we only focus on the worst case scenario it also predicts a price in the upper 5 dollar range. This resource does get updated, the last major one was a week ago. I've known about it since April and back then the worst case scenario was over $6.

While gas prices in the range predicted would certainly be a pinch it's not the doomsday scenario some redditors are clamoring about.

tl;dr current predictions suggest gas prices eventually reaching the $5-$6 range and not too much above that.

(I've flared this as "resources" since the subject matter kind of blurs the lines between the available flares and since I'm linking the resources I used I felt that was the best fit.)

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