Skip to Content

Autoblog reviews all the hottest cars

Filed under: Etc.

National gas price average to hit $3.50? Wanna bet?



Someone was asking the other day if trading their gas-hungry Mustang for a hybrid Civic was a good idea. Essentially what they wanted to do was wager gas prices were not going down any time soon and could likely go higher. But you don't have to give up high-horsepower driving just to place a bet on future pump prices. BetUS.com will let you keep the 'Stang by taking your bet that we'll soon see a $4-a-gallon national average. Right now, neither yes or no is favored, both with money lines of -120 for an average gas price above $3.50 before 2008.

Or maybe you like a long shot. In that case, the site will take your wager on whether the Earth will run out of oil by 2050. Pessimists could make out nicely if the wells dry up in few years with a $100 bet earning $1,000. Even longer odds are on gas prices going lower. If scientists announce tomorrow a $4 gadget allowing your car to run on household waste (Mr. Fusion, anyone?) and the average national gas price plummets to less than $1 a gallon, your $100 bet earns you $15,000. That's a lot of cheap beer and banana peels for your future Delorean.

Cha ching!

[Source: BetUS]

Reader Comments (Page 1 of 2)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.

Featured Galleries

First Drive: 2010 BMW X6 M
2010 Jaguar XJ
Fiat 500C UK launch
1931 Miller V16 racing car
Review: 2009 Ford Edge Sport
2010 Hyundai Sonata - spy shots
Ferrari at 2009 Goodwood Festival of Speed
Bridgestone 3G RFT
Review: 2009 Smart ForTwo
Forza 3 Japanese Screen Shots
Review: 2009 Audi A6 3.0T
2010 Lamborghini LP550-2
AOL Autos

Find Your Next Car


Autoblog Video

Autoblog Green

BloggingStocks

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum