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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

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Gasoline, Fuel Efficiency (MPG)


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#1556 of 2183
Re: Oil dropped under $55 today, down over $2 [nippononly] by boaz47
Nov 18, 2008 (2:36 pm)
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Replying to: nippononly (Nov 18, 2008 1:20 pm)

Well with the economy the way it is right now I think getting a new car would require the words, "sucker" on your forehead unless you pay cash. I wouldn't consider any car offered today to be a hedge against higher fuel prices. The cars we have today are just examples of technology developed when fuel was $1.50 a gallon, maybe $2.00. We obviously were lied to AGAIN about how much fuel should cost and the effects conservation has on oil prices. The US had cut consumption by several percent before 2008 and prices were still going up. But let the Stock market make a mistake and oil dropped like a rock. All the experts that were telling us to look for $8.00 buck gas by the end of 2009 or beginning of 2010 have proven to be false prophets and should be deported to live in Europe.
 
To me $4.00 gas simply proved the consumer is being bamboozled by the manufacturers and the government. We don't need to see the world the way Europe or Asia does. We need to have our lifestyle supported with solutions that work in the US not Japan or France. If we must, fuel can be subsudised to keep the prices down, after all we can afford a trillion to bail out wall street. We as consumers can decide what kind of vehicle we want to buy and we don't need a tree hugger, the government, or anyone else telling us what we "should" drive.
 
California and CARB let us down when they dropped the requirement for EVs. CAFE let us down when they played with fuel standards and then left a hole big enough to drive a Hummer through. They shouldn't be given another chance and should be abolished. Let the manufacturers make the vehicles and let the consumer decide what they can afford to buy and drive. If the government wants to help then let them provide public transportation to ease vehicle use.
 
How did $4.00 gas effect me? It angered me because I suspected it was a scam. The manufacturers angered me because they offered cars like the Smart that should have been able to get 70 MPG and it gets 40. They made a whole line of economy cars called Scion and they don't even do as well as a Smart. They sent us a whole selection of new sub compacts that didn't get better fuel mileage than the Corolla or Civic we already had. New and improved has the be "improved" not just new. $2.00 gas will at least take the edge off of my disappointment.
#1557 of 2183
National Average is Down to $2.04 by oldfarmer50
Nov 18, 2008 (4:21 pm)
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Won't be long now.
 
No steak dinner 'eh? Well we'll all have to pile in our SUVs and head over to Texas on turkey day. I hear there's a bird or two at someone's relatives house.
#1558 of 2183
Re: National Average is Down to $2.09 [larsb] by jipster
Nov 18, 2008 (5:07 pm)
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Replying to: larsb (Nov 17, 2008 7:55 am)

Sorry, carnivores. Just did a search of the "Automotive News and Views" database and no entries exist of me offering anyone a steak dinner.
 
Could someone please check the archives? I vaguely recall something about a steak dinner from lars. Maybe, he bribed one of those hosts to have that post pulled. With the "tens" and "twentys" of people who read these forums... sure would save him a bundle. Besides, I've already gotten a reservation at Ruth's Chris SteakHouse. I'd hate to cancel and end up somewhere like Sizzler's or Ryan's.
#1559 of 2183
Re: National Average is Down to $2.09 [jipster] by steve_ HOST
Nov 18, 2008 (5:46 pm)
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Replying to: jipster (Nov 18, 2008 5:07 pm)

We could scrape our archives but not Google's
 

(Thanks for the steak buddy)
#1560 of 2183
Re: National Average is Down to $2.09 [steve_] by jipster
Nov 18, 2008 (6:25 pm)
Reply

Replying to: steve_ (Nov 18, 2008 5:46 pm)

Thanks for the steak buddy)
 
hummph... I thought it would have been somebody like kirstie or tidester taking that bribe.... not you steve. I regretfully submit my Edmunds resignation effective immediately.
 
(just kidding)
 
P.S Don't forget to put any leftover meat scraps in that compost heap of yours.
#1561 of 2183
Re: Oil dropped under $55 today, down over $2 [boaz47] by nippononly
Nov 18, 2008 (6:38 pm)
Reply

Replying to: boaz47 (Nov 18, 2008 2:36 pm)

If we must, fuel can be subsudised to keep the prices down, after all we can afford a trillion to bail out wall street
 
So someone managed to convince you that we can afford this bailout, huh?
 
I will bet you dollars to donuts we will look back in ten years and realize we couldn't.
#1562 of 2183
Re: $55 oil equals less than $2 gas [lemmer] by duke23
Nov 18, 2008 (7:57 pm)
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Replying to: lemmer (Nov 11, 2008 1:48 pm)

lemmer wrote:
" The young ones think 1992 was a horrid recession, so by comparison the current situation must be a depression. Don't they teach about stagflation in school anymore? "
Obviously not, they don't have a clue. They wouldn't know who Volcker was except he has been in recent news or they " googled it ." Good post, 1992 was so mild it was miraculously faith healed by the time BC had his inaguration. It's the economy, yada, ad infinitum.
#1563 of 2183
Re: National Average is Down to $2.09 [jipster] by larsb
Nov 19, 2008 (6:09 am)
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Replying to: jipster (Nov 18, 2008 5:07 pm)

Searched Google's archives too. No mention of a steak dinner offered. No steak for you!
 
As far as the topic at hand goes, I am seeing that people seem to be in a better mood lately - less complaining about gas prices and a lot more of "I can't believe it dropped so much so fast!"
 
They are more incredulous than thankful at this point I think.
 
A few cynics are saying, "now that the oil man is leaving the White House prices are dropping...............HHHMMMMMMMMMMMMM"
#1564 of 2183
Re: National Average is Down to $2.09 [larsb] by kernick
Nov 19, 2008 (6:37 am)
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Replying to: larsb (Nov 19, 2008 6:09 am)

A few cynics are saying, "now that the oil man is leaving the White House prices are dropping...............HHHMMMMMMMMMMMMM"
 
"Cynics" may not be the right word. As if Bush could control oil-prices, and was an oil-man, and wanted to help his oil-buddies, wouldn't he have done things to RAISE the price before leaving office? And wouldn't he have made it difficult to reduce the price?
#1565 of 2183
Re: $55 oil equals less than $2 gas [duke23] by andre1969
Nov 19, 2008 (6:41 am)
Reply

Replying to: duke23 (Nov 18, 2008 7:57 pm)

Good post, 1992 was so mild it was miraculously faith healed by the time BC had his inaguration. It's the economy, yada, ad infinitum.
 
Heck, back in 1992 I didn't even know we were in a recession! I was still in college, though, and a bit insulated from the "real world", I guess. If anything, I remember the summer of 1992 being really carefree.
 
As for stagflation, I've heard that 1966-1982 was one of the worst periods the United States has ever had. If you took a lump sum and invested it in 1966, after all the ups and downs, in 1982 you'd be no better off. Or if you retired in 1966 and had a nest egg you needed to live off of, taking money out instead of adding to it, you would have a rough go of it.
 
I guess if you were still regularly investing, say, monthly, throughout that time, letting dollar-cost averaging do its thing, you would've come out ahead.

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