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Automotive News & Views What will you do when gas price rises above $4 a gallon?
7270 messages, Last post on May 15, 2008 at 9:10 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: avalon02wh (May 15, 2008 3:35 pm) Alaska Journal of Commerce A handful of Alaska villages have run out of heating oil, and are either having to bundle up for the winter or pay more than double the going price to restock. Meanwhile, some data indicates families by the dozens are leaving their homes and moving to the cities. The communities of Ambler in Northwest Alaska; Nikolski and Perryville, in the Aleutians; Kodiak Island's Karluk; and St. George and St. Paul in the Bering Sea all had to have fuel oil shipments flown in during the past few weeks. Flying heating oil into villages pushes the price from the average of $4.25 a gallon to as much as $11 a gallon, said Delise Calcote, office manager with Alaska Inter-Tribal Council. Increased fuel prices and long, cold winters, as well as a reduction in the number of shippers, have left these villages with no choice but to fly in fuel. |
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Looks like we may shoot past $5 without a whimper. The new GW bill will add $1.50 per gallon to the already high prices. That ought to put a few more people on the bus. Worried about gas prices hitting $4 a gallon and beyond? Imagine if they were $6, $7 or even $8 a gallon. Those levels are a certain possibility should Congress pass cap-and-trade legislation, which could face a vote in early June. Oil is trading at record levels, in excess of $120 a barrel. Leading Republican Sens. James Inhofe (Okla.) and Jeff Sessions (Ala.) both told the Business & Media Institute (BMI) energy prices would drastically increase if the Lieberman-Warner Climate Security Act (S. 2191) is signed into law. “The studies show it would be directly affected, would be a $1.50 a gallon, in addition to what it is today,” Inhofe, the ranking Republican on the Senate Environment and Public Works Committee, said to (BMI). “The Democrats are the reason we have high prices at the pumps, and we’re not going to be able to alleviate that until we start producing again in America,” Inhofe added. “And I knew this was happening way back, well 10 years ago, when President Clinton vetoed the bill that would have allowed us to drill in ANWR. I said on the Senate floor that day 10 years ago that in 10 years we would regret this. It’s now 10 years later.”
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Replying to: gagrice (May 15, 2008 6:33 pm) Inhofe is delusional if he thinks the oil in ANWR is going to make a substantial difference in prices. He is in the same category as people that pray for rain or lower gasoline prices. We have a real world out there that needs understanding. His knowledge of science or anything related to the earth is about as close to zero as you can get. His attitude is drill anywhere, anyhow. He is big on beliefs but short on facts.
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Replying to: texases (May 15, 2008 6:36 am) so if everyone does it, then it's ok? you don't care that's how it works? Don't think we need change? Washington's has you and alot of voters just where they want you. |
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| This is about what you are going to do as gas prices hit $4 - we do have an off-topic chatter discussion that's more suitable for the full blown political and election commentary. | |
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Replying to: avalon02wh (May 15, 2008 7:22 pm) How much time have you spent in ANWR? The oil in ANWR could replace any one of our top 4 importers for a conservative 30 years. Having spent the last 25 years of my employment in and around ANWR I am very familiar with the area. Where ANWR borders with Canada they are drilling and producing oil. Are they directional drilling into our oil pool. Who knows? I do know that it is a good source of oil that would give US some breathing room on finding alternatives that are not coming forth very quickly. Those that are against drilling in ANWR have very little knowledge of the area. It is no different than the rest of the Arctic. The Caribou and polar bears have increased over the years of oil production in the Arctic. All the worries about oil spills are really unfounded. The Navy found the original NPR because it was laying in pools. The oil producers are more conscientious than most industries in the lower 48. Personally it makes little difference to me if folks like paying $4-$5-$6 or $10 per gallon. The impact on my life is negligible. And you know what? It is the young people that are voting in all these nut cases to tell them how to live and squeeze them for every cent they make. People are going to get what they deserve. Remember Ms Pelosi said if we put the Democrats in charge of Congress your gas prices will go down. They were under $2.50 per gallon when she made that promise. |
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Automotive News & Views What will you do when gas price rises above $4 a gallon?
