Record Highs for Gas Prices: How High Will They Go Ask Oddsmakers

BetCRIS.com Posts Odds on How High Prices Will Climb 

Thus far 2008 has shown record prices of gold, oil and gas, and the system shows no signs of slowing.  Gasoline, oil and gold have had a historical relationship and as oil prices continue to increase, so will gold and gasoline. 

As the second half of April begins and the U.S. moves ahead into the second quarter, BetCRIS.com posted odds as to how high the three most common themes in the news will climb by the end of the month and year.  

Will gas prices reach $5 in 2008?

Yes – 6/4

No – 1/5

Place Bets Here

Gold by ounce price by the end of April

Between $964 and $1026 – 6/4

Between $1026 and $1088 – 3/1

Between $1088 and $1150 – 2/1

Between $1150 and $1244 – 2/1

Over $1244 - 2/1

Under $964 – 1/5

Place Bets Here

Will the price of oil reach $115 per barrel in April?

Yes – 4/5

No – 2/9 

“We’ve been watching the prices of these three commodities steadily rise for months,” stated Spokesperson for BetCRIS.com, Esteban Siles.  “Though the constant rising costs add strain to an already struggling economy, they do make for some interesting odds.”

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Gambling911.com News Wire

Originally published April 16, 2008 3:53 pm EST