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How does gas at $4 and higher impact you?

2175 messages,  Last post on Nov 05, 2009 at 3:05 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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#1601 of 2175
Re: Oil dropped under $55 today, down over $2 [oldfarmer50] by gagrice
Nov 22, 2008 (8:02 am)
Reply

Replying to: oldfarmer50 (Nov 22, 2008 5:53 am)

The trouble is I don't trust the "government" to EVER do the right thing with my taxes. I would hate to starve and sacrifice only to see some fat cat corporation or radical activist group live large on my dime.
 
I am fortunate enough that it would not make much difference to me financially. I am with you on not trusting our government to do anything they say. Our Congress is controlled by the big money lobbyist. This current mess is a prime example of several entities sending Congress in dozen of directions and NONE of them good.
 
I am pleasantly in shock that gas in San Diego is selling for $1.84 per gallon. I would say the $2 figure may be safe at least until the economy gets better. I am not optimistic that will happen for several years. I am just hoping it does not go so deep I have to sell Krugerrands to survive. There will be massive crime & starvation if that happens.
#1602 of 2175
Re: Oil dropped under $55 today, down over $2 [gagrice] by steve_ HOST
Nov 22, 2008 (8:24 am)
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Replying to: gagrice (Nov 22, 2008 8:02 am)

I would say the $2 figure may be safe at least until the economy gets better
 
Looks like voting in the last Congress actually resulted in energy price relief eh?
#1603 of 2175
I have made it a point by boaz47
Nov 22, 2008 (8:52 am)
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To never vote to increase taxes on myself or my neighbors. Years of broken promises have proved that my taxes hardly ever go to what they were supposed to go for. California gas has traditionally cost more than gas in many other states and yet our roads are no better and our road building projects aren't being done any faster than New Mexico where gas has been traditionally less expensive.
 
But see how easily we are distracted? We were bemoaning the cost of fuel and then some complained fuel wasn't expensive enough. $4.00 gas was a problem for many people and it bothered me. My lifestyle had to change and so I decided to move from a resort area because it was too expensive and you "had" to drive everywhere with little or no public transportation. Yes I may have moved anyway sooner or later once I decided to retire but still the extra boost was high cost fuel. I watched people suffer with high fuel prices and saw then cut back on supporting local businesses to put gas in their vehicles. I am sure the same thing happened in cities all over the state. Raise the price of fuel either by speculation or taxes and you effect the whole economy. It is a domino effect and we have seen it.
 
I totally support getting off of our dependance on foreign oil and would love to see alternative fuels but the government doesn't seem to be the solution. If they are the are slower than molasses in January, as my grandmother would say. CARB was going to mandate EVs or some other zero emission cars by 2000. They gave the manufacturers 25 years to make such a vehicle and it simply didn't happen and the people at CARB didn't seem to care. 35 years ago CAFE was going to get us all to use less fuel, just like the Tax proposal is supposed to. Our national fuel useage didn't drop worth a darn in 35 years. Until the manufacturers make an alternative vehicle and we as consumer get a chance to buy one nothing is going to change.
 
The solution to foreign fuel is in our own hands. If we as a nation are concerned we will drive less, walk more, car pool, bicycle or use public transportation. If we are doing these things fuel useage will drop. I have cut my fuel useage by at least 60 percent if not more. I used to have to fuel both cars at least once a week and now I fill one maybe once every three weeks. If we can't or won't do these things as a society then foreign oil isn't a problem to our society it is that simple. Until I am doing all I can as a individual I am not willing to force my values on my neighbors so they "have" to do as I do. This fuel cost drop proves we as a nation can conserve when we collectively want to not because the government forced us to. The government tried to force us into small cars and we bought SUVs. The government gave up and we started buying smaller cars. Do we see a trend here?
#1604 of 2175
Re: Oil dropped under $55 today, down over $2 [steve_] by gagrice
Nov 22, 2008 (9:18 am)
Reply

Replying to: steve_ (Nov 22, 2008 8:24 am)

Looks like voting in the last Congress actually resulted in energy price relief eh?
 
Not for most of the year. Then Congress had to stick a pin in the housing bubble to get the price of gas to retreat. Oops, better spend a Trillion dollars to try and save our banking system from total collapse. Yes, you can say our current economy, is the result of the 2006 vote.
#1605 of 2175
I like this statement from an oil trader by gagrice
Nov 22, 2008 (10:20 am)
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On the New York Mercantile Exchange, where oil futures seemed destined to breach $200 just a few months ago, pessimism was an understatement.
 
"At this point, all we can say with any degree of confidence is that crude oil ... will not trade below zero," trader and analyst Stephen Schork said Friday in a tongue-in-cheek analysis of the market's swoon.
 
Crude has been in free-fall, shedding two-thirds of its value since July, and gasoline prices have followed. Some say oil could be headed below $40 a barrel, and gasoline below $1.50.
 
Motorists in Independence, Mo., on Friday said they were paying $1.37 for a gallon of gas.
 
The pump price for regular unleaded fell 3.1 cents overnight to an average of $1.989 a gallon nationally, according to auto club AAA, the Oil Price Information Service and Wright Express.

 
Now when was it US soothsayers predicted we would see $2 gas again?
#1606 of 2175
Re: Oil dropped under $55 today, down over $2 [dave8697] by ingvar
Nov 24, 2008 (6:06 am)
Reply

Replying to: dave8697 (Nov 22, 2008 6:31 am)

Their purchase is based on a source telling them that the Honda depreciates $500 a year less than the Chevy.
Nope, wrong assumption. I'm driving vette for fun and Japanese appliance for everyday commute. Would I buy another Chevy? Hell NO!!! 2 years old car have lots of minor issues, broken wheels, leaking roof & etc. Dealer services are awful and extremely unfriendly. Lexus dealership treats me with respect.
If GM or Ford could build BMW with Lexus quality and bring dealership services up to Lexus level, I'll be first in line for GM car.
#1607 of 2175
Re: I like this statement from an oil trader [gagrice] by boaz47
Nov 24, 2008 (3:44 pm)
Reply

Replying to: gagrice (Nov 22, 2008 10:20 am)

I wonder how many will be able to explain to us how to prepare Crow and make it palatable?
#1608 of 2175
Soothsayers by mattandi
Nov 25, 2008 (6:26 am)
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ha
 
Do ya think it is possible that somewhere may actually see sub $1 gas before we reach the bottom? There a few locales that are sub $1.50 now. How low will it go?
#1609 of 2175
Re: E85 [tankbeans] by duke23
Nov 25, 2008 (9:42 pm)
Reply

Replying to: tankbeans (Nov 16, 2008 11:28 am)

tankbeans wrote :
"
 That's just crazy. I don't know where you live, but up in MN E85 is running about $0.40 less than rug. Then again our state requires 10% Ethanol anyway and I think they subsidize it to some small degree. "
 
My sympathies, yesterdays fill up of rug $1.67 smelling $1.50 . Apologies for predicting 1st quarter of '09 but the oil market doth love it's extremes. But I do love me a good steak. Other fuels are getting screwed, but it's been an on going trend. Post on Tank Subsidities are always so foolish aren't they?
#1610 of 2175
RUG vs. E85 by dieselone
Nov 26, 2008 (6:03 am)
Reply
I filled up yesterday for 1.59 RUG and E85 was $1.85. I generally fill up at the same BP gas station once a week and I haven't seen any one at the E85 pump in weeks.

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