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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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#703 of 2183
Re: Let's Thank The Speculators [lemmer] by fezo
Sep 12, 2008 (10:49 am)
Reply

Replying to: lemmer (Sep 12, 2008 10:23 am)

Thanks, andre! The rest of us appreciate it!
 
Haven't seen that gas shooting up here as of lunch time. We will see. Best thing people could do is cut down on driving for a week or so. If higher prices "due to hurricane" result in fewer miles driven the prices will come right back down. Time to put a stake through this vampire.
#704 of 2183
Re: Let's Thank The Speculators [fezo] by lemmer
Sep 12, 2008 (11:45 am)
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Replying to: fezo (Sep 12, 2008 10:49 am)

Google "gas panic." It seems to be mostly a southern thing at this point, but stations are rationing, running out, charging close to $5 a gallon, etc.
#705 of 2183
Not driving much lately by dave8697
Sep 12, 2008 (12:03 pm)
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Topped off two tanks ahead of IKE. I should be good for a month. We had a 3.58 to 3.99 run up the day they pointed IKE at the Gulf.
#706 of 2183
Re: Not driving much lately [dave8697] by fezo
Sep 12, 2008 (12:25 pm)
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Replying to: dave8697 (Sep 12, 2008 12:03 pm)

Hope my wife filled the Accord. I'll hate contributing tp a spike.
 
Not about to drive up to East Brunswick (about 90 miles) to see if it's still $3.25....
#707 of 2183
Let's Thank IKE [lemmer] by gagrice
Sep 12, 2008 (12:34 pm)
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Replying to: lemmer (Sep 12, 2008 11:45 am)

charging close to $5 a gallon, etc
 
I thought most states had laws against price gouging during natural disasters. I would sure keep any receipts if they get prosecuted. I keep all my gas receipts anyway.
#708 of 2183
Re: Let's Thank IKE [gagrice] by lemmer
Sep 12, 2008 (12:40 pm)
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Replying to: gagrice (Sep 12, 2008 12:34 pm)

One of the articles mentioned that. Some states (Alabama included) have gouging laws that are only active when a state of emergency has been declared. That hasn't happened here.
#709 of 2183
Re: How does gas at $4 and higher impact you? [claires] by dave8697
Sep 12, 2008 (12:43 pm)
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Replying to: claires (Sep 09, 2008 8:44 pm)

My next new vehicle purchase will be a 30 mpg hwy car.
My most recent purchases and the fuel price at the time:
2007: '99 V6 ext cab Sonoma, gas was $3, gets 24 mpg combined.
2006: '98 V6 Mustang, gas was $2.70, gets 27 mpg combined
2004: '96 V6 Riviera, gas was $1.60, got 26.5 mpg combined, 31 on trip.
2001: '01 V8 4X4 4DR P/U, gas was $1.60, 15 city, 18.9 hwy.
1998: '98 Astro, gas was $.89, gets 18 mpg combined.
With my driving spread across 5 vehicles, I won't be wearing any out, nor will swapping one out for a 30 mpg model save much off my $355 a month gas bill, so I am in pain but it could be worse. $5 gas could force me to make move. My first car I ever owned was a 3.8 L V6 that got 23 mpg back when it took 1/2 hr work to buy a gallon.
#710 of 2183
in central ct... by explorerx4
Sep 12, 2008 (1:53 pm)
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most stations are at about 3.659. borrowed the explorer from my daughter, so i put $20 in it. the station i drive by every day has been 3.859 for what seems like weeks now.
#711 of 2183
Re: How does gas at $4 and higher impact you? [dave8697] by tankbeans
Sep 12, 2008 (3:00 pm)
Reply

Replying to: dave8697 (Sep 12, 2008 12:43 pm)

You haven't put fuel in any of your cars at all this year?
 
Do you just cycle through them that much that you don't have to put much gas in any one car?
#712 of 2183
Re: Let's Thank The Speculators [nippononly] by duke23
Sep 12, 2008 (4:01 pm)
Reply

Replying to: nippononly (Sep 12, 2008 6:54 am)

nippononly wrote :
 " LOL!
  
I guess Exxon and Valero shut down operations to ride out the storm, which impacted gas prices along the Texas coast nearby. I am not expecting prices to jump near me unless a significant portion of oil production is put out of commission by Ike. "
 
Well actually it is. But temporarily of course. 95% of all gulf oil production is shutdown until Ike is well past. More than just Exxon & Valero, my guess would be almost all of the 26 refineries on the gulf coast will be shutdown until Ike is out of the way. Gas prices typically rise from fear of refinery damage during storms. Refarding oil futures prices, interesting how the specs can't fight the tide once a paradigm is broken.So high gas prices for a while and if no refinery damage then back down. Keep in mind the oil that refineries use was purchased several months ago so we could get the weird anomaly of oil down and gas up if there is damage. But overall the trend is down.

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