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Are gas prices fueling your pain? - READ ONLY

10042 messages,  Last post on Jul 12, 2008 at 3:07 PM

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What is this discussion about? Fuel Efficiency (MPG)


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#8685 of 10042
Re: Based on today's info [larsb] by kdhspyder
Jun 12, 2008 (6:22 am)

Replying to: larsb (Jun 11, 2008 12:21 pm)

I've said it multiple times on these threads....and I'll stick by these numbers.... Free of charge
 
Plan on $0.50 per gallon increases in fuel every year from now until we can generate huge massive quantities of alternate fuels. I actually think this 'number' is conservative. A 10-15% increase annually might be more accurate. National Avg of course, specific states may be well higher.
 
2006 .. $2.35 Avg --> Done
2007 .. $2.85 Avg --> Done
2008 .. $3.35 Avg --> Assured now
2009 .. $3.85 Avg
2010 .. $4.35 Avg
2011 .. $5.00 Avg
2012
2013 .. $6.00 Avg
2014
2015 .. $7.00 Avg
2016
2017 .. $8.00 Avg
2018
2019 .. $9.00 Avg
2020
2021 .. $10.00 Avg
$0.50 / gal increases don't seem like much at all but as you can see they add up
#8686 of 10042
Re: Oil Could Hit $400 a Barrel by 2018 [lemko] by kernick
Jun 12, 2008 (6:24 am)

Replying to: lemko (Jun 12, 2008 4:16 am)

Ninety thousand independent truckers in Spain have stopped their vehicles at $7-$8 a gallon and gone on strike. American truckers probably have a lower threshold.
 
So what do you think happens next? I would guess either a) the truckers go back to work and make what they can, or b) they stay "stopped", the companies and stores don't get their products and they are forced to pay the truckers more.
 
Sometimes this is the way the market works - it is a form of negotiating. If American truckers stop en masse and for long enough then they would force higher rates also. Either the companies absorb the cost, or they pass it on to the consumer if they can.
 
The airlines are passing along their higher fuel costs in various ways also.
#8687 of 10042
Back in the day... by lemko
Jun 12, 2008 (6:24 am)
When the steel industry violated the wage and price guidelines and sharply raised steel prices in 1962, President Kennedy, visibly angry, went on TV and condemned the action. Shortly after, prices came down.
 
This demonstrates how a strong president can deal with those who only care about power and profits.
 
How about it, W?
#8688 of 10042
Re: Back in the day... [lemko] by texases
Jun 12, 2008 (6:28 am)

Replying to: lemko (Jun 12, 2008 6:24 am)

"When the steel industry violated the wage and price guidelines and sharply raised steel prices in 1962, President Kennedy, visibly angry, went on TV and condemned the action. Shortly after, prices came down. "
 
Pretty different situation - iron ore was mined here, refined here, turned into steel products here. Oil and gas are global, we're paying the same as Europe, etc, don't see how an angry comment from anybody changes that.
#8689 of 10042
Some "gas price pain" Haikus for your amusement by larsb
Jun 12, 2008 (6:43 am)
some Haikus relating to the pain:
 
Oh the price of Gas
My budget stretches too far
Only half a tank
***************************
Four dollars my gosh
I cannot afford this gas
Can't we just all walk?
***************************
One gallon four bucks
Are five and six coming soon?
How I love my bike
***************************

 
Anyone care to add a few?
#8691 of 10042
Re: Based on today's info [kdhspyder] by nippononly
Jun 12, 2008 (6:51 am)

Replying to: kdhspyder (Jun 12, 2008 6:22 am)

I think your numbers are right on for the next five years or so, I just hope they are not too conservative. And that means here in California, we will spend a fair part of 2010, probably six months or more, with $6 regular unleaded. That's less than two years away.
 
I do think that demand will drop a lot when gas hits $6-7/gallon, people just aren't ready for that. In that same timeframe I expect that lots of developing countries that currently subsidize oil for their constituents will be forced by economic pressures to stop doing so, which will decrease demand a lot worldwide. However, in the same period, oil production will continue to drop.
 
The net effect? I think we will see sharp rises in the prices for another 3 or 4 years along the lines of what we are already seeing now, then they might plateau for a while.
#8692 of 10042
Government Encouraging usage by kernick
Jun 12, 2008 (8:26 am)
How many of you have seen commercials paid for by some state dept. of tourism promoting a visit to their state?
 
Why are tax dollars being used to encourage people to drive, or fly then drive more? I know - because each state is looking out for its best interest, rather than the country as a whole. Is this local-selfishness good?
 
Why does the government sit idly by and let new homes be constructed with oil-heat if we want to wean ourselves off oil?
 
There needs to be some coordination between these government agencies as it looks like many people are at opposites on setting a goal, and how to get there.
#8693 of 10042
Hybrids looking better by texases
Jun 12, 2008 (8:37 am)
Good article in today's WSJ about the shorter payout for hybrids at $4/gallon. Here's the table:
#8694 of 10042
Re: Hybrids looking better [texases] by nippononly
Jun 12, 2008 (9:02 am)

Replying to: texases (Jun 12, 2008 8:37 am)

And in areas like mine, where gas is $0.50 higher than the national average, you can reduce those times to break even by another 12%. That's almost down to 3 years flat to recoup the extra initial cost on a Prius. And I do have to wonder where they got the figure of $3708 for the hybrid premium on that model. I would have figured it at more like $3000. But I don't mean to quibble...
 
If gas is $1 higher next year, that break-even time will be down another 20% - the Prius is under battery pack warranty for 7 years at those mileages in the computation, so that's 4.5 years of half-price gas as payback on a Prius purchase as of next summer...

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