Predictions

I get why people read them. I get why people make them. I make them. I just don't get why they are news. Especially when we are talking about gas prices and the experts four months ago proved they don't know anything. If you watched the news this summer all you heard were predictions that gas would be selling for $200, this was when it was at $130, now it's in the $40s. So based off this, I have little faith in the predictions, yet on the news, a place for factual events to be reported, there was a segment on how we can expect gallons of gas to be under a buck soon. NO we can't. This is a lie. Is it possible that gas will be under a dollar a gallon, sure, but to say "we can expect" is a lie. There should be zero lying on the news. With that said, enjoy the cheap gas now, but my prediction is that with the cutting of supply the price of a barrel will be much closer to OPECs thought of $75 a barrel than the $30 dollar barrel we'd need to see to for a dollar gallon.

Link http://www.msnbc.msn.com/id/12400801/ This article was not what I was referring to above, but a sense of what is out there.