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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
| At a Delta Gas station, filled up my A6, regular was $1.79! Also getting 27mpg on my A6. The price of gas at 4.00 for me wasn't to bad, but I do notice I have more cash in my pocket at the end of the day. | |
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And gagrice too! Oil closed below $50 today! $49.62. Fiesta time?! |
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Replying to: boaz47 (Nov 19, 2008 10:41 pm) A little over a year ago I got a check from my city, seems that they had refinance some major debt and they didn't need a portion of the property tax to cover interest. The refund was over $300. Just recently received our current property tax. It has dropped an additional $200 due to increased revenue form some major retail developments opening in the town. |
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Replying to: nippononly (Nov 20, 2008 1:50 pm) So yes gasoline consumption went down about 5% by the price of gas going over $4.00. The U.S. uses 25% of the world's oil, but not all of that is for gasoline. But let's say we are able to cut consumption 5% and keep consumption level - even though that's unlikely with an increasing population. So doing the math we could reduce global gasoline consumption about 1%. Exactly what great benefit do you see? If we have enough oil for 50 years, you're plan increases that to 50.5 years. A 1% drop in global gasoline consumption will make little difference in pollution or CO2 emissions, as economic growth over the years will increase pollution and emissions. I don't see what a 5% or 10% decrease in gasoline consumption, and the sacrifice of higher taxes would accomplish. Is someone in 2200 going to look in the history books and see that a 1% reduction in gasoline consumption made some big change in the world? I don't see it.
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Replying to: kernick (Nov 20, 2008 3:02 pm) A federal gas tax would make it clear the U.S. was determined from now on to reduce oil consumption. That's a game changer for all these "business as usual" suppliers (and extractors in the case of the places with nationalized oil companies).
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Replying to: steve_ (Nov 20, 2008 8:14 am) you know whatever would replace it would end up costing the man on the street more. |
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Replying to: nippononly (Nov 20, 2008 3:33 pm) You said you were glad prices went down so you could pay your fuel bill but at the same time you are suggesting we increase the price of gas at the pump? How will that effect the working poor? How will it effect people on a fixed income? How will it effect transportation? How will it effect car sales? In each case it will have a negative effect. Isn't that a bit like Marie Antonette saying if they have no bread let them eat cake? Higher fuel cost equal higher food cost and higher transportation cost. It will even increase the cost to operate local services as each service from police to fire will have to decide if they want to pay for fuel or personnel. It doesn't matter to the suppliers if we tax our fuel 8 bucks a gallon as long as someone somewhere will buy it from them. England is living proof of that. And the US is ten times more mobile than England. I don't like $4.00 fuel and I wouldn't like any politician that suggested it. In fact I would vote against any politician if they ran on a platform of increased fuel taxes. Our very lifestyle would be lowered to that of our less fortunate cousins in other parts of the world. No we have seen the effects of higher fuel prices and "none" of your suggested benefits came to pass.
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Replying to: boaz47 (Nov 20, 2008 7:31 pm) Oh but boaz old chum, prices were only really high for a few months. The suggested benefits were just beginning to happen when the prices dropped through the basement. A moderate tax applied over a longer period of time would produce the suggested benefits, have no doubt about it. But if you like we can also do it your way - fuel or famine. In that case we can just wait for the next price spike to catch us unawares again. And once again we will get all in a huff pointing the finger of blame everywhere we possibly can, everywhere but the one place it should point - at ourselves. I will guarantee you one thing though, the next such spike isn't 25 years out like the period we waited between 1980 and $4 gas. It's much closer than that. |
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they say oil is now at 2004 price levels. That's when gas was $1.59. We are only 8 cents out of sync. 23 states are under $2. The final 2008 answer to what will I do if gas get's to $4 was not buy any. I had 5 vehicles with tanks I filled just prior to hurr. Ike approaching. I paid $3.57 at most. Then I rotated driving them. I got thru the $4 month and actually now that gas is $1.67, two of the vehicles were still holding that pre-Ike gas.
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