| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:03:04 AM | and how long is Oil going to last anyway? Forever?? what are your grandkids going to drive? Judge Dread ATV's in Gated Communities??
Wake up!!!!!!!
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:12:55 AM | | As I don my tin foil hat I will say this, many of you previous posters really need to rethink your thinking patterns. When a country that has a population of well over 1 Billion people and I repeat 1 Billion people, steps into the 21st century at the rate China has. It's all about supply and demand, they are bidding for the same barrel of oil you are. Get used to it, get real and get off the band wagons you're on and realize they are not going to go away but grow in population and demand for the same automobiles and factories we have had for the last 100 years. There's no doubt we need to turn to an alternative fuel source and as a global collective we are, it just doesn't happen over night. Remember we in the US have so much oil in the ground waiting to be pumped out but environmentalist lawsuits and green happy go lucky people many who whine about this same problem in forums keeps us from getting at it to alleviate the 4.00 a gallon price of today. Last but not least let us not forget we in the US have not issued a license to build a refinery in over 25 years. So you want cheaper gas stop whining and get busy mobilizing to get gas we have right here at home. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:23:15 AM | | well you started off well. what happens when the gas runs out? and what about the er, planet? the problem with HUMANITY at the moment is we only think about NOW and US. we will all be dead when our generations in the future start to fix our mistakes, but I have faith that they will. Unfortunately there's going to be a lot of suffering for a lot of people before that, and Im not talking walking to get your Pizza cos delivery charges are too high. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:23:23 AM | IF only gas/petrol was 4dollars or about£2.80 to £3.00 in pounds sterling for a uk gallon 5.5 ltr . at the moment its £1.10 a ltr or nearly £5.50 a uk gallon .so all you good american people should try living in the most expensive country in the world. just think nearly $9.0 dollars a gallon and thats just petrol. diesel. is even more expensive so thats why i make biodiesel big up veg oil. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:32:54 AM | I did mention this in my post.
There's no doubt we need to turn to an alternative fuel source and as a global collective we are, it just doesn't happen over night. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 10:48:27 AM | excalibur~
the price of oil is NOT determined by the occupant of the white house. OIL is a publically traded commodity. there are only two places in the world where oil is traded: new york, and london. yes, it is denominated in US $$$, and that is one of the reasons that the rest of the world has used the US dollar as a reserve currency. you have to have dollars to buy oil. and while i agree with you that if oil were denominated in euros instead of greenbacks we would be in real trouble etc... i do not agree with your theory that there is plenty of oil out there. there is NOT, and you simply do not have the educational background in this field that would allow you to make such a statement. it's simple supply and demand, everyone wants oil, the price goes up. if noonoe wants what you are selling, well, you lower the price.
are you even aware that one of the reasons for that riot in myanmar had to do with the gov cutting subsidies for gasoline? yep. of course, that wasn't reported much in the press.
it's the face of things to come, and it will not matter who sits in the white house.
lar | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 11:05:20 AM | Prices would need to go to about ten dollars a gallon before you see a change overall in demand from, say two years ago, when everyone was howling about 2 bucks a gallon. Gas is measured as having a price elasticity of .2 This inelasticity of demand is documented quite extensivley in economic theories. Suppliers won't see a significant cut in demand unless they increase prices fivefold. So knowing this, oil suppliers know they can pump up the volume on prices another 5 or 6 bucks before they see reductions in demand overall.
By then will not only the Chinese economy have outstripped American demand, also count in India, Brazil and Russia. But most of those countries are already on their way to alternatives. North Americans and their flatulent society are the one's not making changes, so until the consumer radically alters their habits, expect a new thread this time next year with folks railing on about gas hitting 6 bucks a gallon.
People can howl and stamp their foot all they want, but they won't change their habits much. The suppliers know the purchasers better than the purchasers know themselves.
There's still lots of mark up room on gas prices before consumers begin to seriously seek alternatives. And by then, well, consumers will literally be over a barrel; pun intended. I would guess that only when prices hit 7 or 8 bucks a gallon will the majority of people actually start to wake up and smell the coffee. And even then, they would only be waking up. They still wouldn't have switched off to alternative fuels.
Speaking of alternatives, there are quite a number of them. Here's just one. When the consumer is ready, the alternatives shall appear.
http://www.csmonitor.com/2007/0508/p01s03-wosc.html?page=1 | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 11:40:50 AM | I live in the uk and wish I was paying $4a gallon.In english pounds thats £2 but we pay £5.30 a gallon,which will be going up to £5.30 and as we have our budget next week maybe even more!
For every £ of Petrol or Gas as you call it,we pay 73p in Tax,in the pound to our lovley government | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 12:02:51 PM | How do I feel about it? It's effin bull *hit, thats what it is...
Will it prompt me to conserve? probably more than I've been, yes..But we still have to get to work, right??
How will it affect me? my wallet for one...
i | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 2:01:13 PM | question to those who know...cause I don't and I wonder about these things...
Exxon reported yet a another record profit in the tens of billions..how is it that their profits are going up and up?
and
Anyone find it odd that during times of the year prices of gas go up like long weekends, spring, holidays, heavy snowfalls. Yesterday gas was 1.01 near me then after the heavy snow it went up 4 cents. Coincidence? No relation? Don't you think that there is some sort of cash grab by these oil whores?
Interesting enough, I ran into an article in the Toronto Star, that they project gas hitting $1.40. This is scary, you will see a lot of people giving up their vehicles. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 2:30:54 PM | It costs more in other countries to begin with because it also covers their health care costs. But not here. We get socked coming and going. (Someone check rockwell to see if he's had a stroke yet.)
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 2:38:58 PM | and one more thing...
I hope people are not that naive to believe that the prices are purely because of supply and demand.
When you have one organization (OPEC) that controls the distribution and supply of the market as well as dictate how much they can produce you will have people out there to reap the benefits of it and swindle the consumer. They can't control the demand, we know its on the rise with China and India crying for oil but they DO control how much they supply and I find it hard to believe that they are being 100% honest. As well information on how much oil is left, how much is in reserve etc, the effect on price.. is funneled through the organization. Misinform us? Sure its to their advantage. They really don't care about the consumer and only care about their profit margin, that is their golden calf. I firmly believe Oil prices do not have to be this high. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/5/2008 3:17:28 PM | I got my license in 1977. A gallon of gas was 70 cents, a case of beer $2, a pack of smokes was 75 cents, and my wage was $5 an hour. Thirty years later gas is $5 a gallon, beer's $21 a dozen, smokes are $11 a pack and my wage is $42 an hour. The weekend shopping trip that cost me $14 in 1977 (tank of gas, 2 packs of smokes and a case of beer) is now $103. I worked two and a half hours to pay for it then and now. It's all relative.
Every morning I stop at Tim Horton's for coffee (a Canadian tradition -  ). I pull into the parking lot, park my car, run in and grab a coffee and hit the road. 90% of the consumers sit in the drive-through line-up with their vehicles running, and wait twenty minutes to buy a coffee. As long as the world is lazy, demand for gasoline will remain high and prices will continue to increase. So will obesity statistics!
p.s. I stopped smoking just over a month ago. I now have an extra $22 a week!  | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/6/2008 6:41:14 PM | "This one really gets me.
It will continue this way if people don't slow their consumption in protest and conservation. The passivity surrounding this issue amazes me.
The Iraqs can't help us. Their refineries were bombed by them and us so the infrastructure to delivery is seriously prohibited.
How many of you are still guzzling it up?
Wanna do something? Carpool, combine your trips. write your senator, ride a bike, use public transportation, walk, buy a hybrid."
Too right.
Much as I dislike Bush, this is one we really can't blame on him; or Iraq; or any other bogeyman of choice.
We, (as in EVERYBODY), just squander way too much energy, in ALL forms.
Fact is, the oil is going to become more and more scarce and expensive. We HAVE to conserve more and, at the same time, do a hell of a lot more research on alternative energy sources. It's not as if we have to go back to horse-and-buggy days within 5 years (although one never knows! ) but we could certainly be doing a lot more towards refining our lifestyles to fit in with the coming realities of both energy and water shortages.
Oh yeah...and Have a Nice Day!! | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/6/2008 7:18:37 PM | I think that before it gets better we as consumers will have to take matters into our own hands and force the prices down.
we are going to have to stop complaining.
I am calling for boycotts on those who post billion dollar profits.!    | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/7/2008 2:52:24 PM | | In some places around here it's four bucks a gallon already I can't wait to see some of those drivers that almost took me out in their cars and trucks walking down the sidewalk... As I ride by on my mountain bike and who knows maybe one will trip into my path..... | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/7/2008 3:05:20 PM | | In one sense I am glad that I don't drive { That explains why the cab fares are going up } : But thats how I get around using cabs { and busses } : Not only the high gas prices , I wonder how some people can afford the car insurance : | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/7/2008 3:08:14 PM |
Consider $4 per gallon to be conservative compared to the REAL heartache we will feel if (god forbid) a democrat took office. In which case are gas will be taxed more than it actually costs!!!.............especially for those who work hard for what they have!
Yeah, taxes hurt people who work hard much more than they do people who don't work hard. hehe.
Yeah, lets charge all our wars and other expenses to our grandkids. Nothing bad could come from that... as long as you don't live long enough to see the results.
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/7/2008 3:15:13 PM | There's nothing we as a nation of peoples can do about it - unless we all band together. What needs to happen is for us to send a message, loud and clear to the auto industry - which in turn will most def. pass that message on to our political leaders.
Why can't we all just pick one month - every body agree on it - and NOT BUY A NEW CAR????? Do you have any idea what would happen to the auto industry?
I'm not trying to put them out of business or lay anyone off. What I'd like to see happen is for them to get the message that we are sick and tired of gas guzzling vehicles, that don't pass the same rigorous standards that they have to in other countries - for fuel effieciency and for safety.
In turn, let the auto industry pass that onto our politicians, who will in turn pass it onto to OPEC -
We the people, in the year 2008, knowingly demand and DESERVE better. We know there are fuel alternatives out there.
Look at South America and the sugar beet. I sure as hell don't see them growing large crops of them up here - and you know those are more efficient than corn. Why aren't we doing the same? You can't tell me we don't have the technology.
One person alone cannot send a message of loud enough magnitude to be heard. All the people together, can. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/8/2008 5:47:41 PM | So China and India are buying the oil, and because its a commodity internationally if the chinese pay $120 a barrel then we pay $120 a barrel. But the Chinese don't have any oil of there own. Good, so stop selling them oil, who said we got to compete with a nation that has a human rights problem. Who the hell made up this game we are forced into. I didn't did you. This is the example of free trade and nothing more, The chinese don't care about me. The only reason China is doing so good is because it saves money for the elite in our own countries. And our gutless governments are not looking after there people, they are "Do Boys and Girls".
Remember a few yrs back when they called us protectionist and changing market trends. You know what, the police protect me, I have to have car insurance to protect me, health care to protect me, unions to protect my job, a military to protect my country so whats so bad about protecting your economy.
By the summer gas will be $1.40 a liter. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/9/2008 10:00:12 AM | | Kind of ironic before the elections last year gas went down below $2.00 a gallon, after the Republicans lost it shot back up. More than a little odd. Bushs' statement " I hadn't heard that" about $4 a gallon gas. This shows how out of touch with the American people he really is! This man really has no clue what the hell he is doing! | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/9/2008 10:20:23 AM | I'm going to eat a whole lot more beans That way I won't run out of gas. My employer is 38 miles from my house, I have already started to put feelers out for something closer to home.
If you think about it, $4/gallon is cheaper than what other parts of the world is paying. USA has been use to relatively low prices for such a long time. I think employers need to step up to the plate and have more tele-commuting and virtual offices set up. Unfortunately, that probably won't come to a reality in my lifetime. | |
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| $4 a gallon gas? WTF? What do you think?
Posted: 3/9/2008 10:29:04 AM | | $4 a gallon just makes me that much closer to trading my truck in for something that gets better gas mileage. I even drive a smaller 4 cyc now, bu the gas mileage isn't that good. The Toyota Yaris and Kia Rio look much better everytime I fill up. | |
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