 Price
of Gas Won't Go Over
$5 in 2008 Say
OddsmakersOddsmakers are so confident that the price of gas will not go over the $5 mark in 2008, they've posted odds of this happening at +200 for a payout of $200 for every $100 bet. The price NOT going over $5 is hardly worth the bet with a -500 line. With so many Hummers popping up here in South Florida, it doesn't seem like there is all that much concern. Gas prices going over $5 in 2008 might actually be a good bet. As the summer driving season approaches, oil analysts can't seem to agree just how much a gallon of gas will cost. Analysts agree that gas prices typically peak around Memorial Day. Gas prices in Miami on April 1 were listed around $3.29. Chicago gas prices were around $3.34. Los Angeles gas prices were hovering around $3.75 at most gas stations aside from Arco, which had prices closer to $3.41 a gallon. New York City gas prices were around $3.25. It should be noted that New Jersey, one of the only state that does not offer self service gas stations, has some of the lowest prices in the nation - $2.99 a gallon. Dallas had prices around $3.14. Seattle gas prices were between $3.29 and $3.69. BetCRIS.com was offering these odds ---- Jagajeet Chiba, Gambling911.com Originally published March 31, 2008 4:11 pm EST
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