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Automotive News & Views Are gas prices fueling your pain? 
10042 messages, Last post on Jul 12, 2008 at 3:07 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: trichardson (Jul 11, 2008 7:30 pm) Yes indeed. I noticed it went back up to $3.99 on my way to work this afternoon. That's about the third time it has hit that mark but never higher. It usually drifts back down to around $3.88 over the course of a week and then jumps back to $3.99. Yesterday I warned some relatives that they'd better top off the tank because I sensed that it was ready for a jump. I was right. Wish I could predict the stock market like this. Perhaps the oil companies think that if gas goes over $4/gal in St. Louis it will trigger some catastrophic event.
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Replying to: avalon02wh (Jul 11, 2008 6:45 am) The writer goes on to say; "All this adds up to a decline in our standard of living and a huge write-down of American wealth. " Yeah, and we are doing it to ourselves. We are all making selfish decisions. The people in the M.E. are not putting a gun to our head telling us to buy that vehicle that gets 13 mpg. On the face of it we don't actually send 'most' of our money to the ME in fact it goes to our neighbors and a large part to SA. However since oil is a fungible product, our massive usage, viewed another way, means that we actually use 25% of the output of every field on earth. What we buy from Canada and Mexico means that those two countries are taken out of the world market by the volume of our huge purchases. This opens the doors to every other producer, friend or foe, to profit from the run up in prices. We don't directly pay for all that stuff in the ME but in fact we 'support' the prices that allow them to build it. We do need a lifestyle shake up.
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We could just go back to straight up reporting with less commentary in Report Your Local Gas Prices Here Color me as one who doesn't think the constant carping on gloom and doom does any of us any good.
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Replying to: pf_flyer (Jul 12, 2008 4:38 am) Agreed, especially since people have been forecasting gloom and doom for 30 some years and we are still moving along. |
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Replying to: kdhspyder (Jul 12, 2008 3:53 am) All you see on the highways is SUVs, Vans and trucks.As far back as the 60s when I was stationed in London UK,all you ever saw in people's driveways were tiny Morris Minors and their ilk. Can one imagine how much less oil we would use if NOBODY drove vehicles that had V8 or V6 engines and only had 4s? Just recently one of our friends bought a new Chrysler station wagon,I forget what it's called...my wife asked if she got good gas mileage. The lady replied.."no,but it looked good".This with gas at $4.19 in our town. I am retired and living on a fixed income, so buying a hybrid is not an option. Thank the deity that we have a car that will get at least 30MPG highway.(KIA Optima 2.4).I wonder how the people in Japan and in Europe do it with gas at 8-10 bucks a gallon. I cannot even imagine that. That means an average fill-up would cost as much as a $100!!!!!!!!!!!!!!!!! .By next year, we will be nostagically remembering the good "ole" days of $4 gas. 
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Of all the auto makers,only Chrysler has no real economy cars. The only new vehicles that they have come up with recently have been SUVs.Both are large and basically...gas guzzlers. How will they survive in todays market?
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Replying to: mickeyrom (Jul 12, 2008 6:52 am) Why don't GM, Chrysler & Ford build high MPG vehicles? Chrysler Needs To Turn It Around (especially the most recent post) |
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Replying to: snakeweasel (Jul 11, 2008 1:50 pm) I put the blame on all you dead-beats. Back in the early 80's when I took a look at the 10% and higher mortgages I said "to hell with banks". I built my house myself as money became available. Took me two years but I never paid a cent in interest. Now I have enough money to afford to be as poor as I am. 
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Automotive News & Views Are gas prices fueling your pain?
