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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
This is an article from CNN which speaks about the increase number of motorists running out of gas. Depending on where and when that can cause quite a backup and a lot of pain for the rest of us. In New York some years ago I believe there was a hefty fine for running out of gas on a bridge or in a tunnel. As distasteful as it may be if out of gas motorists becomes a large problem it may be time to issue fines on a highway as well.
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Good article in Business Week about the potential for oil prices to drop as the speculator-driven bubble is discovered and/or pops: Oil bubble Also, related article on Feds investigating trading: Feds investigate |
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Replying to: simpilot1 (Jun 02, 2008 5:59 am) As I said before maybe people are just spending their money on other things which they are unwilling to sacrifice the luxuries that are now considered necessities (or rights). |
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Replying to: kernick (Jun 02, 2008 5:38 am) Ok, let's see, I didn't tie up all my funds in a house (I rent, and share the place) or buy an expensive car (I bought a Mazda3 4 years ago...had to, my car of the time grenaded and I didn't have cash for a used car). However, I don't have money to spare to put money into energy futures. Many people are in the same situation, so it's just NOT a good idea to keep singing like just anyone could go make money off of this oil bubble. |
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Replying to: lemko (Jun 02, 2008 5:11 am) If I didn't have broadband, my employer wouldn't allow me to telecommute, & I'd have to go into my office 5 days per week instead of 2 or 3 days per week. Each day that I can work from home saves me enough to cover the difference between slow & fast for a month.
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Replying to: jimbres (Jun 02, 2008 6:58 am)
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Replying to: bpizzuti (Jun 02, 2008 7:00 am) But many people do have money as evidenced by the amount of property and stock in this country. Or if you have a 401K, what are you investing it in? I'm speaking to those people who have their money in money markets, bonds and relatively flat stocks, that you should be diversified into these energy funds. If you truly believe the world is short on energy, then don't invest in overpriced housing, or the Dow30, or a 2% bank fund. There are always going to be people who can't afford food or fuel in the world, that is the reality. We are not going to solve that.
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Replying to: kernick (Jun 02, 2008 7:24 am)
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Replying to: simpilot1 (Jun 02, 2008 5:59 am) I see all kinds of church vans running around this area--being used by the "pastor" for their personal business. I've become more suspicious of a lot of these "churches" after a friend told me how many people came to the business where he was manager to get business cards for their pastorhoods made up. Also the revelations at Obama's Chicago church have had a drastic impact.
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Replying to: imidazol97 (Jun 02, 2008 7:30 am) Brent Saba had just dropped a church group off at Philadelphia International Airport on Sunday morning and was heading north on Interstate 95 when it happened: His 15-passenger van ran out of gas. Saba, a 24-year-old church pastor, made it to the shoulder just past the Ben Franklin Bridge and waited more than 30 minutes for someone to stop and lend him a cell phone. Then he waited a while longer for AAA to arrive with fuel. With gas prices hovering at $4 a gallon, motorists like Saba are putting less fuel in their tanks - then coming up empty on the highway.
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Automotive News & Views Are gas prices fueling your pain?
