Gasoline Prices... DROPPING!

[Alienwho]

I could really go for some good premium $1.79 gas right now.

 

[Vic]

Originally posted by: DealMonkey
Oh come on, can't you let me enjoy two seconds with the tinfoil on? Sheesh.

 

[Strk]

Originally posted by: ProfJohn

Originally posted by: Wheezer

Originally posted by: Strk
That's good to see. I just wish people would start to change their habbits. One of the biggest problems is us, not some industry.

DING! DING! DING!

We have a winner!!!

If WE would quit buying large automobiles (Ford F150's, SUV's, Hummers) and start telling the car makers to better engineer thier products to avoid this AND as a collective society tell the oil companies and goverment we DEMAND renewable alternative fuel sources...we won't go through this again.

But since history is the best predictor of the future we are bound to repeat our foolish mistakes. Only next time we'll be paying $7-$8 a gallon

It's nice that we live in a free country where WE can decied what kind of car we want to buy and drive.

Question for all of you people saying that we should be driving little cars: how many of you have high power graphic cards, or extra cooling fans, or 500w power supplies? Based on your logic of small cars to save gas shouldn't we all be using nice cheap computers with built in graphic in order to save energy??

Question 2: how many of you are toting 2 kids around in your Prius or Civic hybrid?

Dang, so I defend the oil industry and still get attacked over power usage? I just can't win! Anyways, we do live in a free country to buy what we want. The point I was trying to make, and you seemed to miss, is that the biggest problem with the cost of oil is demand. Oil prices are based on supply and demand. When people run around and gripe about prices, they need to realize that the largest factor is our lifestyles. Do I drive a hybrid? No, they're overpriced, but I don't drive an SUV. Do I try and get all energy-star and low wattage bulbs in my house? Yeah, it's small, but it helps. There's a difference in trying to reduce your power consumption based on what you can afford and just bitching and doing nothing. If I had the money, I'd switch to solar and import a diesel from Europe (sorry, but I'd rather not own a VW). And before you make some lame attempt at pushing hybrids again, diesels are more efficient and can run on renewable resources.

Wheezer, they do better engineer their engines, but the problem is displacement and power keep going up as well, so the mileage tends to stay the same, although it is a much better engine.

 

[dmcowen674]

Originally posted by: Used Rugs
I predict that gas price will keep falling until the Nov. mid elections.

and SUV sales go back up.

Stupid American Sheeple

 

[DealMonkey]

Oh-oh. Someone told him. :Q

 

[Vic]

Originally posted by: Strk
Dang, so I defend the oil industry and still get attacked over power usage? I just can't win! Anyways, we do live in a free country to buy what we want. The point I was trying to make, and you seemed to miss, is that the biggest problem with the cost of oil is demand. Oil prices are based on supply and demand. When people run around and gripe about prices, they need to realize that the largest factor is our lifestyles. Do I drive a hybrid? No, they're overpriced, but I don't drive an SUV. Do I try and get all energy-star and low wattage bulbs in my house? Yeah, it's small, but it helps. There's a difference in trying to reduce your power consumption based on what you can afford and just bitching and doing nothing. If I had the money, I'd switch to solar and import a diesel from Europe (sorry, but I'd rather not own a VW). And before you make some lame attempt at pushing hybrids again, diesels are more efficient and can run on renewable resources.

Wheezer, they do better engineer their engines, but the problem is displacement and power keep going up as well, so the mileage tends to stay the same, although it is a much better engine.

Yep. All this is true. Also, don't forget that weight keeps going up too in order to meet increasing crash test standards. Otherwise, I think the gas mileage that today's cars get given their power output is just about incredible. Not too long ago, 300 bhp meant less than 10 mpg, and 30 mpg meant less than 100 bhp. Now you can almost just about get the best of both those worlds.

 

[ntdz]

Originally posted by: Donny Baker
The American voters are being bought out. Anyone who doesn't realize this... I have some oceanfront property in Indiana I'll sell to you real cheap.

Look for gas to back up between election day and Thanksgiving.

No, gas prices are always the highest during summer and after labor day tend to fall significantly...

 

[ntdz]

Originally posted by: GoPackGo
I can say I have driven less in the last two years than in most any other year.

My wife and I carpool 60 to 100 percent of the time.

We watch for any deal where we can save money on gas.

Whats a deal where you can save money on gas??

 

[dmcowen674]

Originally posted by: DealMonkey
Oh-oh. Someone told him. :Q

8-30-2006 Oil prices rise on potential supply cuts

NEW YORK - Oil prices rose above $70 a barrel Wednesday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing U.S. oil inventories.

Thursday marks the United Nations' deadline for Iran, OPEC's No. 4 oil producer, to halt its nuclear program. If they don't comply, any U.N. sanctions could provoke the country to retaliate by blocking exports.

Meanwhile, a possible strike by oil workers looms in Nigeria, the fifth-largest supplier of oil to the United States.

Gasoline futures rose 1.58 cent to $1.805 a gallon, and heating oil futures rose 0.64 cent to $1.9496 a gallon.

Refineries operated at 92.9 percent capacity last week, the EIA said.

 

[WiseOldDude]

"The only place they have to go is down," says Fred Rozell, gasoline analyst at the Oil Price Information Service (OPIS). "We'll be closer to $2 than $3 come Thanksgiving."

That is like listening to Dumbya telling us that things are going great in Baghdad, and the plans for his ticker tape parade down the middle of the city will occur prior to the November elections.

Oh yea, the oil baron president plans to have the price around $3.50 by the time you go to work at McDonald's on Thanksgiving Day

And of course if the price does go back down to the $2 level, it will do nothing to reduce our dependence on foreign oil, and again the Middle East will have a firm grip on our balls and will be able to squeeze them at a time of their choosing. But that is one of the many flaws of the clown in the oval office, he only talks about reducing dependency, and does absolutely nothing, which is his normal level of action on everything.

 

[XZeroII]

Originally posted by: dmcowen674

Originally posted by: DealMonkey
Oh-oh. Someone told him. :Q

8-30-2006 Oil prices rise on potential supply cuts

NEW YORK - Oil prices rose above $70 a barrel Wednesday, as persistently high fuel demand and concerns about possible supply disruptions in the Middle East and Nigeria offset news of increasing U.S. oil inventories.

Thursday marks the United Nations' deadline for Iran, OPEC's No. 4 oil producer, to halt its nuclear program. If they don't comply, any U.N. sanctions could provoke the country to retaliate by blocking exports.

Meanwhile, a possible strike by oil workers looms in Nigeria, the fifth-largest supplier of oil to the United States.

Gasoline futures rose 1.58 cent to $1.805 a gallon, and heating oil futures rose 0.64 cent to $1.9496 a gallon.

Refineries operated at 92.9 percent capacity last week, the EIA said.

Oh come on! You're talking about Nigeria. Everyone gets the emails,
"DeAr Sur, I has 10$ million barrels of oil that I need export now."

 

[randym431]

The American voters are being bought out. Anyone who doesn't realize this... I have some oceanfront property in Indiana I'll sell to you real cheap.

And THAT should scare the hell out of people. Just imagine what they will do AFTERWARDS if they are re elected and this little trick works (and it probably will - voters are still brain dead and fools).

 

[Bitek]

Originally posted by: Genx87

Originally posted by: BaliBabyDoc
^^It's good news if we raise gasoline taxes.

Not for general revenue mind you. I'm talking gasoline taxes for clean, efficient public transportation (MUNI be damned), technology subsidies to industry to produce cleaner, more fuel efficient vehicles, subsidies to consumers that buy cleaner, more fuel efficient vehicles, and some kind of subsidy for people that just manage to drive less.

Really high gasoline prices would do some of that but most of the 'financial' benefits go to the gas pirate multinationals and their freedom-loving patrons - the leaders of such countries as Iran, Venezuela, Russia, Middle East autocrats, Equatorial Guinea, etc.

We can do better . . .

You really believe thathiding the costs of these technologies it helps the public? The best thing to happen is to have the price raise naturally and kill off the gas guzzlers. If you want a perfect example take a look at the E85 industry. Heavily subsidized and it is worse than Gasoline. First you have to burn a fossil fuel to make it, then it provides about 75-80% of the energy per gallon.

Hidden costs through taxation and subsidies put the cost per gallon at or above 3.80-4+ per gallon for 80% the fuel mileage and you are still burning fossil fuels to make the stuff.

This idea of taxing and subsidizing industry in the hopes of changing peoples behavior is foolish. I cant name a single industry where it has worked successfully.

What is "The car/oil/gasoline industry for $1000, Alex"?

Oil and gas gets huge subsities and tax breaks. We have lax pollution/efficiency standards, and health/environmental consequences are not tied to the industry to allow real market forces to work. Roads are built by the taxpayer (versus privately built rails in the RR industry traditionally.) Roads encourage sprawl that eat up valuable farmland and push farmers out. Gm is given huge tax breaks and soon we could be subsidizing their pensions. We base much of our foriegn policy around oil and energy, and spend huge amts on the military to enforce it. How many wars have been fought over wind power?

You can't sit there and imply there are no hidden costs to gasoline when it prolly the most net subsidized industry of all. We pay in all sorts of diff ways, not all so obvious. IF we directed these resources into other forms of energy/trasnportation God knows what America could look like

 

[catnap1972]

Originally posted by: randym431

The American voters are being bought out. Anyone who doesn't realize this... I have some oceanfront property in Indiana I'll sell to you real cheap.

And THAT should scare the hell out of people. Just imagine what they will do AFTERWARDS if they are re elected and this little trick works (and it probably will - voters are still brain dead and fools).

Just wait--you think you've seen a MAN-DATE? You ain't seen nothing yet!

 

[bobdelt]

You know you idiots dont have to "artificially pay extra in gas". You can buy the cheap price, and donate your money to whatever cause you like.

Don't say that you would like to pay extra, when you really mean, that you want everybody to pay extra. Nobody is preventing you from paying more.

 

[Stunt]

Cool.

Lower gas prices
Lower insurance costs
5% pay increase

= One happy Stunt

 

[frostedflakes]

It's not like I *want* to pay extra for gas. Sure, $3-4 per gallon would suck, but I think most people can afford it (sacrifices would have to be made, might have to hold off another year on that big screen TV). However, if it would reduce inefficient vehicles and driving habits as well as help fund the development alternative fuel sources (such as biodiesel), I think it's justifiable. The only way people are going to change is if they are forced to, as long as gas is cheap, what incentive is there to buy fuel efficient vehicles, develop alternative fuels, etc.? There is none, people will just keep using up fossil fuels until we begin to run out, then prices will skyrocket, there will be a mad rush to build more economic vehicles, develop alternative fuels, etc. Eventually it's going to happen, so why not get a head start?

The government just needs to step in and do something. It would probably be political suicide for the person and/or party in charge, but it needs to be done.

 

[Wheezer]

Originally posted by: ProfJohn

Originally posted by: Wheezer

Originally posted by: Strk
That's good to see. I just wish people would start to change their habbits. One of the biggest problems is us, not some industry.

DING! DING! DING!

We have a winner!!!

If WE would quit buying large automobiles (Ford F150's, SUV's, Hummers) and start telling the car makers to better engineer thier products to avoid this AND as a collective society tell the oil companies and goverment we DEMAND renewable alternative fuel sources...we won't go through this again.

But since history is the best predictor of the future we are bound to repeat our foolish mistakes. Only next time we'll be paying $7-$8 a gallon

It's nice that we live in a free country where WE can decied what kind of car we want to buy and drive.

Question for all of you people saying that we should be driving little cars: how many of you have high power graphic cards, or extra cooling fans, or 500w power supplies? Based on your logic of small cars to save gas shouldn't we all be using nice cheap computers with built in graphic in order to save energy??

Question 2: how many of you are toting 2 kids around in your Prius or Civic hybrid?

You REALLY need to look at Brazil for a perfect example of what I am talking about.

read more here the scrap sugarcane is used to power the refineries that make the ethanol which pretty much makes them self suffciant.

GM has been working closely with the goverment down there to develop engines that run on this....why have they not done it here?

Why did they start doing this with Brazil 20-30 years ago and not start here?

Because that is NOT what the american public wanted. We wanted, and they offered smaller cars based on oil. When oil prices eased we wanted and they made bigger vehicles.

Why? Because we as a society feel that oil and gas are part of life liberty and the pursuit of happiness and we are entitled to all the oil we can consume at the cheapest possible prices no matter what.

 

[Stunt]

Originally posted by: frostedflakes
It's not like I *want* to pay extra for gas. Sure, $3-4 per gallon would suck, but I think most people can afford it (sacrifices would have to be made, might have to hold off another year on that big screen TV). However, if it would reduce inefficient vehicles and riving habits as well as help in the develop alternative fuel sources (such as biodiesel), I think it's justifiable.

The government just needs to step in and do something. It would probably be political suicide for the person and/or party in charge, but it needs to be done.

When was the last time government stepped in and made something better?

Government has no clue what people want and it shouldn't be up to them to decide a one size fits all solution to the problem. The market must decide how they will approach rising energy costs; they can demand new alternate energy products, they can change their habits or they can be an armchair quarterback and blame everyone under the sun for their 'problem' (*cough* DMcO *cough*).

First step is admitting there's an issue with supply and demand of oil.
Second step is admitting oil is a fixed resource.
Third is considering the opportunity costs associated with each alternative.

There will always be a bigger and better (look at semiconductor industry); we can sit on our butts and wait for something perfect to come allong or just dig in and start now. Currently this demand is being stopped by the leftists who actually think oil companies, government, republicans, rich people, wars, etc are ripping people off for no reason. Talk about counter productive...

 

[Vic]

Originally posted by: bobdelt
You know you idiots dont have to "artificially pay extra in gas". You can buy the cheap price, and donate your money to whatever cause you like.

Don't say that you would like to pay extra, when you really mean, that you want everybody to pay extra. Nobody is preventing you from paying more.

:thumbsup:

 

[Whoozyerdaddy]

Originally posted by: Stunt
Cool.

Lower gas prices
Lower insurance costs
5% pay increase

= One happy Stunt

What happened to your date with the potentially fat chick? I don't remember an update to that thread.

 

[Perknose]

Originally posted by: EagleKeeper
Do not tell Dave the bad news.

Actually, it's the same old news:

Wholesale prices are falling faster than retail gasoline prices, meaning stations are making more money than when prices were $3.

Bend over and salute the free market!

 

[OutHouse]

$2.85 in Ft Lupton Colorado. (30 miles North of Denver) was $3.05 2 weeks ago.

 

[EagleKeeper]

$2.51 here in Eastern Iowa now - down $0.15 this past week alone

$2.96 when Israel took a slap at Hezbollah.

 

[MBrown]

So is the gas not going to go up to $3 again?