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How does gas at $4 and higher impact you?

2183 messages, Last post on Nov 21, 2009 at 5:13 PM
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Replying to: dave8697 (Oct 14, 2008 5:20 pm) The world went thru price shocks and shortages in the 70's, 80's and around the 1st Gulf War in '91. People downsized to 4 cyl 40mpg Escorts, Chevelles and such. But when gas-prices moderated people trended back to larger, more powerful vehicles, which the manufacturers then saw the trend for. You don't have 40mpg, 2000Lb Ford Escorts and Chevy Chevelle type cars being sold. People with 50 mile commutes though really do need to bet on high-prices and stay efficient.
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Replying to: kernick (Oct 15, 2008 7:11 am) |
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Replying to: gagrice (Oct 15, 2008 6:31 am) Look at that post from March. You gave up your $2 pipe dream.
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Replying to: larsb (Oct 15, 2008 7:28 am) |
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Replying to: larsb (Oct 15, 2008 6:04 am) Post #65--July, 16 2008 (3:23 pm). larsb wrote: "The average USA price today rose to another ALL - TIME HIGH of $4.114. What in the WORLD could happen to make gas lose $1.114 a gallon in the next 120 days? It would require an oil price drop of at least 25% by September and have oil not go back up. And demand would have to DROP significantly worldwide. Be specific in what you think could happen to make it drop 27% in 120 days!!!" That was your response to a poster who predicted $3 gas by November. Sounded like a prediction of what would NOT happen but still a prediction. BTW, oil is down to about $75 today. ( That's down 49% in 97 days) COME ON $2 GAS!
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Replying to: oldfarmer50 (Oct 15, 2008 7:40 am) ( By the way - the "$3 gas by November" guy is still going to be wrong. Gas price would have to drop about 30 cents in the next 17 days. ) Statements are not necessarily predictions. I will prelude any prediction I make with "I PREDICT...." I predicted a long time ago that $2 gas as a USA Average (which is the metric that is commonly used) is as gone as the 5 cent candy bar. And I'm sticking with that...........
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Replying to: larsb (Oct 15, 2008 7:46 am) We didn't realize we had to read your posts like a legal agreement I think it was kdh, who insisted that he knew the U.S. and the rest of the world economies would simply pay $0.50/gal more per year. To which I kept saying that people especially in the developing world could not pay these sorts of increases based on their incomes. News alert !! No bubble! - whether Internet stocks, housing prices, or skyrocketing oil prices is sustainable!
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Replying to: kernick (Oct 15, 2008 8:31 am) If you don't specify, people ASSUME things about what you mean. To make oneself as clear as possible, specificity is required..... |
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| ...have remained pretty consistant regardless of the cost of fuel - I always prefered a four door full-sized domestic sedan. The only concession I made this time is that I mostly drive a V-6 sedan versus a V-8. | |
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Replying to: lemko (Oct 15, 2008 8:53 am) First comment is that over here 1 US gallon of gas costs 8 USD at the moment, and the only reason it went up is because the dollar went down compared to the Euro (used to be 6-ish USD before the exchange rate fell). I'm actually a bit, well, intimidated by US cars. The normal European city/town car would be something like a Toyota Yaris, a family car would be more along the size of the Toyota Corolla. (The more commonly seen small European makes like the Peugeot 207 don't seem to be around in the US much.) I have no idea why I would want a bigger car, and I'm still not completely comfortable getting used to driving (parking / turning with, etc.) anything bigger. I don't actually personally know anyone who owns a car that does less than 30-35 mpg (US). I'm actually idly wondering why this "big car" culture developed in the US - especially given the distances, fuel economy does make a difference ... Two other random things I was wondering about ... I've seen on Edmunds some "fuel saving" advice, including not to fill 87 octane fuel in a car that needs 91 ... I haven't seen fuel below 95 octane in Europe for probably 15 years - and I don't mean Monte Carlo, I mean Romania, the shadowy depths of poor Eastern Europe ... What is normal gas in the US? The second thing I was wondering about is speed limits ... Most US cars are a few sizes bigger and more powerful than the ones here - the highways are good quality and wide (been over the pond a few times already, seen and marvelled) ... But the "normal" speed limit on the highways is around 65 mph - here that's the speed limit on country roads outside towns ... highways have at least 80 mph if they have a limit at all. Again I wonder, because distances in the US are much bigger - here that 10% doesn't make a difference ... there it does. Just curious if it has any particular technical reason ... Anyway - good luck to everyone surviving the price hike, and join you soon on the other side ... |
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How does gas at $4 and higher impact you?