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Automotive News & Views 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
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Oil is still dropping in price. $36 and dropping. Will we go as low as 10 years ago when the dot.com bubble burst and oil hit $10? Anything is possible as duke pointed out. Oil loves the extremes. From the Indian Ocean to the South Atlantic to the Gulf of Mexico, giant supertankers brimming with oil are resting at anchor or slowly tracing racetrack patterns through the sea, heading nowhere. The ships are marking time, serving as floating oil-storage tanks. The companies and countries leasing them for that purpose have made a simple calculation: the price of oil has fallen so far that it is due for a rise. http://www.iht.com/articles/2009/01/15/business/15oil.php |
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Survivors of Gas station explosion mourn the tragic loss of precious gasoline.
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Replying to: andre1969 (Jan 15, 2009 8:50 am) 
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barrel under $35 again but all stations on way home were upping price to $1.99? It was below zero temps all day and too cold to buy gas anyway. Maybe they were preying on the top off folks who know about gas line freeze up. My car made an undesirable noise when I started it to leave work. It was -1 out. If $35 oil = $2 gas, then $140 oil should have got us $8 gas. Maybe gas was on sale at half price when oil was $140?
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Replying to: dave8697 (Jan 15, 2009 7:15 pm)
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Replying to: lemko (Jan 16, 2009 10:15 am) Isn't dry gas just ethanol which most state are using in gas these days? If so you are getting a shot of dry gas with every fill up. |
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"we strongly believe that a tax would stabilize gas prices and shift consumer preferences for everyone's benefit." Higher Gas Tax Could Drive Buyers to Fuel-Efficiency, Edmunds.com Says
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Replying to: steve_ (Jan 16, 2009 8:50 pm) Damn Commie! I demand a refund of all the money I pay to come to Edmunds! 
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Replying to: steve_ (Jan 16, 2009 8:50 pm) We have been taught most of our life that if we forget history we are doomed to repete it. The tax one side and give back in refunds idea doesn't work. Remember when credit cards were tax deductible? Remember why we were told they "had" to stop the deduction? Houses are taxed and the tax increases with the value of the house. Taxed based on size and value. Did that stop people from buying big houses? Why not, it is the very same logic? Because if you give the tax back through deductions people take that into account. The second thing a gas tax will do is force the working class into living closer to where they work. That will drive the prices of homes and rent in those areas up and divide our society once more by class. The ones that will pay through the nose will be the people working in department stores, restarants, hardware stores and coffee shops. You also get a chance to hit the consumer twice. Once by devaluing their current ride and a second time by raising the price of the little cracker box you want people to drive. Increasing gas taxes at this time will be like sticking another knife in the public's back. More people will be out of work, more homes will default and the companies that we are now supporting with our tax money will have to ask for another trillion dollars to make it another year. It is so easy and so predictable to hear someone respond to a problem with, "lets increase taxes and throw money at the problem." It doesn't matter how many times that solution doesn't work it is still dragged out till the goose is finally killed. Maybe if an executive of the print media would stop and think about who buys their magazines and papers they would see why people aren't buying their product like they used to. If they have to decide between a magazine or gas for their car they will opt for gas. Could that be another reason the New York Times and other papers are in such trouble? The manufacturers just got several billion dollars to build more fuel efficient car. They more than likely will get several billion more after the new president gets in office if they can't build these cars with 50 billion dollars why would they be able to do it because we gave the government more of our money in taxes? The government is telling us that we need a tax break and a stimulus check to get the economy back on its feet. These are the people that the article believes should tax us?
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Replying to: boaz47 (Jan 17, 2009 8:58 am) Learned a little on motor week this morning. The Jetta TDI was featured along with a Camry vs Malibu hybrid comparison. The Purdue intern that worked by me last summer hit a tire in the road, lying on it's side. $7000 damage and a month in the shop for his Jetta 'premium sedan'. All the handling in the world is useless with a 8' curb on the left and a car alongside to the right. Diesel is up there compared to gas. They averaged 39 mpg in the '09 TDI on a 55 mph country road. The hybrid comparison pointed out that they are two different types of hybrids. The Malibu hybrid mainly comes into play in traffic light to traffic light driving and gives little boost in a 0-60 race. The camry has electric boost on the hwy too and saves more gas overall and costs more. It has 2 less seconds to 60 mph. They used $4 gas to compare the overall costs between the two. The Camry averaged 32.2 mpg and the malibu 29.5 mpg in their side by side test. They said the $1200 Hybrid tax credit was gone for the Camry which made the Camry $2600 more expensive. At $4 a gallon, they said it would take 250,000 miles to financially break even with the Camry. They did not include interest or tax on the $2600, which would probably make it closer to a half million miles to get even. At $2 gas, the break even point is a half million miles without tax or interest. |
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