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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: lemko (Jun 12, 2008 4:16 am) 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. |
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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?
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Replying to: lemko (Jun 12, 2008 6:24 am) 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.
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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? 
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Replying to: kdhspyder (Jun 12, 2008 6:22 am)  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. |
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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. |
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Good article in today's WSJ about the shorter payout for hybrids at $4/gallon. Here's the table: 
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Replying to: texases (Jun 12, 2008 8:37 am) 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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Replying to: texases (Jun 12, 2008 8:37 am) The Honda Civic Hybrid costs $3,000 more than the regular Civic EX. But the chart shows a $3,600 difference on top of the tax credit. You guys can check the msrp on each car for yourselves. After I bought my Civic Hybrid last year for $22,000 plus TT&L, I got a $2,100 check from the IRS. That takes the payback down to about 2 years ..... even less if you drive more than 15,000 miles per year like I do. Those tax credits are smaller this year (or gone, in the case of the Prius), but they still count for something. BTW, I love that 99 year payback on the Lexus LS600H!
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