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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
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Replying to: bpizzuti (Apr 22, 2008 9:16 am) Do you have a source to back that up?. China does fix it's gas prices but they have gone up over the past year and I'm pretty sure it's above $3/gallon. If cheap gas really is the secret behind a booming economy you'd think that Venezuela and Iran's economy would just be exploding. If you look at the countries in the world with the highest standards of living they also tend to have fairly high gas prices. Which isn't to say that high gas prices will result in a higher standard of living it is only meant to dispute the argument that high gas prices are inconsistent with a high standard of living. The problem with the US is that we've assumed there'd always be a cheap, abundant supply of gasoline and have made long term decisions accordingly. It turns out there's a price to be paid for a lack of foresight. To complain about the impact of high gas prices is comparable to complaining about the negative consequences of making bad decisions. Basically it's just whining. There's a lot of people now losing their homes because they made bad decisions based upon unrealistic assumptions. It's not the government's job to protect people from poor judgement.
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"New cars and trucks will have to meet a fleet-wide average of 31.6 mpg by 2015, or about a 4.5 percent annual increase from 2011 to 2015. In 2015, passenger cars will need to achieve 35.7 mpg, and trucks will need to reach 28.6 mpg." Bush administration offers new fuel economy rules (CNN) California wouldn't be able to set its own tailpipe standards, so Jerry Brown will sue if it passes. btw, my wife worked 4 tens for a while and hated it.... |
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My girlfriend has been out in Los Angeles since Friday. Thursday night Sunoco Regular was $3.27. Friday morning it is $3.33. Saturday it is $3.39. Sunday though lunchtime today it is $3.41. I bring her back from the airport and see it at $3.49!!! It jumped SIXTEEN CENTS a gallon since Friday?  I don't know about you, but something is not kosher! Gasoline prices haven't jumped this fast when Hurricane Katrina hit. Just to be a nice romantic guy, I picked girlfriend up in the new Cadillac. Sunoco Ultra is now a truly, utterly, disgusting $3.75!!!  It jumped TEN CENTS since lunchtime!  I'm probably the only guy who still uses it these days. As Marvin Gaye once asked, "What's Goin' On?"
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Replying to: flash11 (Apr 22, 2008 4:22 pm)
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Replying to: tpe (Apr 22, 2008 5:05 pm) I have no problem with companies wanting to be profitable, or even being profitable. But saying in one breath that they're at the edge of solvency and begging the government for a handout, and in the next breath announcing record profits sounds more like a scam, doesn't it? As for the China thing, the price was in an article I just read this week and was dated recently. When I get to work I'll go dig it up.
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Replying to: snakeweasel (Apr 22, 2008 2:11 pm)
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Replying to: bpizzuti (Apr 23, 2008 2:25 am) You bet it does! I could see if Exxon, Shell, etc. were having big losses or just eking out miniscule profits, but they are making profits that are the envy of other companies, even very profitable ones. Why do they want to derail the economy for their benefit? Why are they trying to kill the golden goose? Do they know something we don't? Is science on the breakthrough of an amazing alternative energy source that'll render Big Oil obsolete so they're trying to make as much as they can before it all ends? I see Congress recently had the heads of the big oil companies before them, but nothing seems to have come of it. I think gouging the American people during time of war is treasonous and these guys should hang!
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Replying to: lemko (Apr 22, 2008 5:50 pm) A month or 2 ago oil was $100/barrel. as of yesterday it is about $120/barrel, a 20% jump. Now gas doesn't always go up the same day as the crude ... but look at what you were paying 2 months ago and today; about a 20% increase right? My new house has oil-heat; I'm more worried about the cost to heat it than gasoline. I'm going to be cutting/chopping/hauling some wood this summer - good exercise and free-heat. |
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Drive. What choice do I have?
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Replying to: lemko (Apr 23, 2008 4:00 am) Congress calling in the CEOs of big oil was pure political grandstanding.
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