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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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The news reported this morning that despite the price of gas spiralling down into the basement the last 3 months, Americans STILL used 6.1% less of it during that quarter than the same quarter in 2007. Since the nationwide rise in gasoline consumption during the 20 years before that was a reliable 3-4% per year, that effectively represents close to a 10% reduction in use. Americans are learning. While demand remains low and sinking, I think $4 gas is a way off. |
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I hope for many things this year. 1. Gas stays under $2 so I can enjoy using my 16 mpg Silverado 2. My company stock goes up a 20 percent in the next month 3. House prices stabilize 4. Home Insurance becomes reasonable 5. Colts beat Chargers Saturday night |
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Replying to: nippononly (Jan 01, 2009 12:54 pm) Yeah, because the ones who were laid off aren't driving to work now. |
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Replying to: nippononly (Jan 01, 2009 12:54 pm) I also hear that some dopes are back to buying SUVs as sales have taken a bounce. What are they thinking? Now that the gas hysteria has subsided is the time to buy those hybrids and 4-cyl, gas sippers. Buy the SUVs when gas is $4 and save a fortune. Some people would rather be blown by the wind than use their heads.
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Replying to: oldfarmer50 (Jan 01, 2009 3:06 pm)
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Replying to: boaz47 (Jan 01, 2009 4:16 pm)
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Replying to: gagrice (Jan 01, 2009 5:06 pm) |
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An '09 Impala can now be had for $17600 but maybe for not much longer. I think they squeeze 29 mpg hwy from the 211 HP V6. With my rebates, my price would be thousands lower. Since I drive 7000 miles a year max on any car and would probably avg 27 mpg with an Impala, my gas savings with a 48 mpg Prius instead would be 2.2 gallons a week. If I drove 14k miles a year, double the savings to 4.4 gallons a week. Give up so much convenience for so little? In comparison, I now save 100 gallons a month because I moved, and that netted a gain in convenience in many ways. Buying a Prius would be as much of a knee jerk reaction to 3 months ago's gas prices as buying a 6 liter suv would be one today to $1.59 gas. 27 mpg avg is an 'all things in moderation' choice. I don't see US prosperity coming back if gas goes back up to even $3 or if we all keep buying the more expensive Asian gas sippers. |
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Replying to: nippononly (Jan 01, 2009 12:54 pm) To show an example of poking a sharp stick in the eye of the consumer, and another reason I oppose taxing gas as you suggested, the news announced today that both our state and the Feds are concerned with the decrease in useage. As a reward for this conservation they are looking to increase fuel taxes as much as 50% to cover the loss or short fall. Like I mentioned before increasing taxes will not go to new roads or new industries. The government will simply pocket it to cover whatever programs they are "already" funding. So we were told to cut back on useage and we did and for that we will get a 50 percent tax increase? I can hardly wait to see what happens if we cut useage even more. Will we be required to work in the oil fields one week a year for free? If we discover an alternative fuel will we have to pay taxes to cover the loss revenue from the oil companies?
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Replying to: boaz47 (Jan 02, 2009 1:17 pm) |
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