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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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#919 of 2183
Re: Will Trade Stock For A Gallon Of Gas [oldfarmer50] by gagrice
Sep 29, 2008 (4:17 pm)
Reply

Replying to: oldfarmer50 (Sep 29, 2008 1:11 pm)

If we get enough correction and oil gets where it belongs under $60 and the dollar keeps gaining we could be in good shape by Christmas. GE and WM will do fine. GM and Ford will probably file for bankruptcy protection.
#920 of 2183
Re: Will Trade Stock For A Gallon Of Gas [oldfarmer50] by snakeweasel
Sep 29, 2008 (4:49 pm)
Reply

Replying to: oldfarmer50 (Sep 29, 2008 1:11 pm)

I can see it all now, stock brokers trying to pay for a gallon of gas with a thousand shares of GE or Walmart.
 
I'll give you a few gallons for a thousand shares of GE or Wally world. Right now is a good time to buy many stocks.
#921 of 2183
Re: Will Trade Stock For A Gallon Of Gas [snakeweasel] by steve_ HOST
Sep 29, 2008 (5:21 pm)
Reply

Replying to: snakeweasel (Sep 29, 2008 4:49 pm)

Getting ready to buy?
 
Are car stocks driving you out of the market?
#922 of 2183
Re: In tribute to all those fine Wall Streeters... [steve_] by duke23
Sep 29, 2008 (6:41 pm)
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Replying to: steve_ (Sep 24, 2008 8:32 pm)

Steve wrote :
 " Are Warren and Jimmy Buffett Related?. The DNA says no.
  
In the news, U.S. gasoline inventories lowest since 1967. "
 
Regarding Warren & Jimmy being related, I'd have to agree. I bought Warrens last CD, almost said album, showing my age, and it bit the big one. It's tough to sing about fundamental value economics and make it catchy. No parrot head he. Regarding US gasoline inventories,
As I would have cautioned Matthew Broderick in War Games, don't choose thermo nuclear war. As I caution the so called rebel republicans, don't choose thermo nuclear melt down, you don't really want to go there, else we change the topic to how does gas at $1 a gallon affect you. Focus not on global supply, demand is the worry. I know the Main St vs. Wall St. sounds good in theory, trust me, you do not want to find out what has not been revealed. To all Republicans find out if your congressional representative has voted no and urge him/her strongly to be not a butthead. Democrats, same. Structure doesn't matter as much as quickness. Revise at your leisure.
Tia, Lucille, it's the big one.
#923 of 2183
Re: Will Trade Stock For A Gallon Of Gas [oldfarmer50] by lemko
Sep 30, 2008 (4:21 am)
Reply

Replying to: oldfarmer50 (Sep 29, 2008 1:11 pm)

Actually, Wal~Mart stock rose yesterday. Lots of new po' folks'll be shoppin' at Wal~Mart!
#924 of 2183
Re: Will Trade Stock For A Gallon Of Gas [lemko] by gagrice
Sep 30, 2008 (6:17 am)
Reply

Replying to: lemko (Sep 30, 2008 4:21 am)

We still have money market accounts with approximately $4 trillion sitting in them. Those people are ready to buy companies like WM that are solid. It will be interesting to see how much of Monday's sell-off is regained by Friday. Up over 200 this morning. I guess Wall street has gotten used to the fact that the American public does not want to bail them out of their stupidity.
 
I was hoping oil would continue downward. It is holding under $100 for now. C'mon $2 gas
#925 of 2183
Re: Will Trade Stock For A Gallon Of Gas [gagrice] by nortsr1
Sep 30, 2008 (12:28 pm)
Reply

Replying to: gagrice (Sep 30, 2008 6:17 am)

Gagrice...I just filled up at the local Gulf station....RUG...$3.14/ gallon....also same price at Enright, Cigo and Vallerio.Black Horse Pike, Turnersville, NJ. $2.99 might be closer than you think.
#926 of 2183
Re: Will Trade Stock For A Gallon Of Gas [nortsr1] by dieselone
Sep 30, 2008 (4:39 pm)
Reply

Replying to: nortsr1 (Sep 30, 2008 12:28 pm)

Gagrice...I just filled up at the local Gulf station....RUG...$3.14/ gallon....also same price at Enright, Cigo and Vallerio.Black Horse Pike, Turnersville, NJ. $2.99 might be closer than you think.
 
We still got a way to go. We are around $3.59 in illinois.
#927 of 2183
Re: Will Trade Stock For A Gallon Of Gas [dieselone] by tankbeans
Sep 30, 2008 (5:23 pm)
Reply

Replying to: dieselone (Sep 30, 2008 4:39 pm)

$3.299 up in MN. Part of that I think is the fact that we have 10 percent ethanol and ethanol is supposedly subsidized by the state or something, since the state requires that we use it in our cars. Something about helping the environment. We have no choice in the matter.
 
Gas mileage is generally a little less than in other states where 10 percent ethanol isn't required. I have trouble breaking through the 30 barrier. I've done it twice with a lot of extra care. Usually if I'm being nice to my car I can pull down 27-29.xx, which I guess I'm happy with considering the car is a little bit larger than my first Accord and gets about 6 miles more per gallon.
#928 of 2183
Re: Will Trade Stock For A Gallon Of Gas [dieselone] by snakeweasel
Sep 30, 2008 (6:05 pm)
Reply

Replying to: dieselone (Sep 30, 2008 4:39 pm)

We still got a way to go. We are around $3.59 in illinois.
 
You must live downstate, here closer to the land of the voting dead (aka Chicago) I paid $3.89 today.

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