Gas prices to drop

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    May 08, 2011 3:10 AM GMT
    http://www.msnbc.msn.com/id/42929608/ns/business-oil_and_energy/
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    May 08, 2011 3:53 PM GMT
    Is that going to happen AFTER Obama is done "cozying" up to big oil? lol
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    May 08, 2011 4:02 PM GMT
    Yayyyy!
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    May 08, 2011 4:22 PM GMT
    mocktwinkie saidIs that going to happen AFTER Obama is done "cozying" up to big oil? lol


    Prices are set by supply and demand, not Mr Obama.

    Don't you know anything about markets??
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    May 08, 2011 4:27 PM GMT
    YES!
  • CuriousJockAZ

    Posts: 19129

    May 08, 2011 4:28 PM GMT
    Thank GOD! Cost me $110 yesterday to fill up my truck -- Ouch! icon_cry.gif
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    May 08, 2011 4:29 PM GMT
    hopefully $60 a week on gas hurts icon_cry.gif
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    May 08, 2011 5:37 PM GMT
    Whenever the price of oil jumps the gas pump prices jump the same or very next day and you wonder why because they've had that gas and oil in storage for months.

    The explanation is is that is how they set the daily gasoline price, by the current days price of oil..

    Funny when the price of oil goes down in a day the pump price never does... gotta wonder.
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    May 08, 2011 5:42 PM GMT
    oh don't get me started on petrol prices, its £1.38 per litre here, I think that equates to around $9.82 per gallon! robbing bastards in this country
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    May 08, 2011 5:58 PM GMT
    holyrood saidoh don't get me started on petrol prices, its £1.38 per litre here, I think that equates to around $9.82 per gallon! robbing bastards in this country
    Sucks to be an American tourist... icon_eek.gif
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    May 08, 2011 6:03 PM GMT
    try being a brit! and its nothing to do with the supply volume, we do not have an oil shortage, its typical fecking politics in this country, thank god i am moving to Saudi
  • NerdLifter

    Posts: 1509

    May 08, 2011 6:06 PM GMT
    This is why I do not drive a car; gas is too expensive.


    And I find ICE's offensive; more about this at 11. Back to you Tom.
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    May 08, 2011 6:17 PM GMT
    southbeach1500 saidWhat would happen if there were more supply available on the market?


    Nothing. Big oil and greedy speculators are the problem.

    http://www.msnbc.msn.com/id/42946338/ns/business-oil_and_energy/


    "This past week, a confluence of factors stemmed the rise in gasoline prices.
    Oil, which is used to make gasoline, tumbled 15 percent in price. Investors who were worried about rising oil supplies and falling gasoline demand in the United States helped drive down the price. Oil prices were also responding to a rising dollar. Oil is priced in dollars. So a stronger dollar makes oil less appealing to people buying with foreign currencies."
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    May 08, 2011 6:33 PM GMT
    Zzz it still is expensive than a year ago... if its not back down to $3 dollars like last year, than it is still darn well not cheap! I cant believe how much gas price has gone up within a year, I remember when I first got my car last year and had to only pay $2.87 now its at 4.29 9/10 I just checked this morning at my local station... Even costco gas is about the same price as other competitors now.
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    May 08, 2011 6:52 PM GMT
    F'in speculators and futures buyers!

    I filled up my old '89 F-150 V-8 (w/438K on it/original owner) and parked it in my garage after filling up a month ago at $3.38 a gallon. The old girl (rolling 100% reliable restoration) only moves to pull the drift boat, fishing trips w/the cab over camper or hauling firewood or compost).

    My xB gets 34mpg w/the shitty 10% ethanol fuel all the western states now sell and I have to fill up every week (12 gals) as I have a 72 mile round trip commute. I justifiably get flipped shit by my some of my peers at work that it's a "life style" choice to live rural and commute in and they are correct I have come to reluctantly realize. I was considering moving into Vancouver, WA or Portland if the fuel prices went nuts again and probably should consider to still. I do tele work 2 days a week and do not drive at least one day a week so I did effectively reduce my carbon foot print by 40% and saved 20% on my OR income taxes. Trust me I have used my share and then some of petrol in my life as that old Ford pick up was my daily driver for 15 years. I do love my pick up truck (I'll be buried in it) but would really love an electric full size pickup or a hybrid diesel. A longer range plug in for commuting to work would be awesome.

    A bit off topic, but...I flew on a red eye from PDX to Atlanta 5/5/11 and then to New Orleans for work. Perfectly coincided w/Jazz Fest icon_smile.gif Flew Delta (2 hrs late each leg and lame/incompetent ticket/desk folks) and they threw out in flight some feel good numbers for the connecting leg that we would burn 1750 gallons of aviation fuel Atlanta to New Orleans for the 80% full flight and if we all drove a 25mpg car for same trip at 2 per car we would have burned 25% more gasoline. I say show me your data. I hate the hassle of flying and airports (and leaving my dogs w/friends at home) but to say there isn't a HUGE carbon foot print to air travel (mostly recreational) is pure BS. Live and shop local. Move into town and take my own advice.
  • Avron88

    Posts: 136

    May 08, 2011 8:03 PM GMT
    I can't believe how much this is turning America upside down.

    Most countries in the world have much higher prices that cost around $8- $10/gallon and life moves on. I'm fine with it, just take buses and trains and drive only when absolutely necessary.

    People bike ride, walk, use public transit..... and they're THINNER and prettier in Europe and much of the Middle East.

    I think these soaring prices are just what America needs to get in shape.
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    May 08, 2011 8:07 PM GMT
    Avron88 saidI can't believe how much this is turning America upside down.

    Most countries in the world have much higher prices that cost around $8- $10/gallon and life moves on. I'm fine with it, just take buses and trains and drive only when absolutely necessary.

    People bike ride, walk, use public transit..... and they're THINNER and prettier in Europe and much of the Middle East.

    I think these soaring prices are just what America needs to get in shape.



    LOL I love your response :-)
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    May 08, 2011 8:15 PM GMT
    its about damn time
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    May 08, 2011 8:17 PM GMT
    Avron88 saidI can't believe how much this is turning America upside down.

    Most countries in the world have much higher prices that cost around $8- $10/gallon and life moves on. I'm fine with it, just take buses and trains and drive only when absolutely necessary.

    People bike ride, walk, use public transit..... and they're THINNER and prettier in Europe and much of the Middle East.

    I think these soaring prices are just what America needs to get in shape.


    +1
    That's perfectly fine for New York. People just need to move back into cities and forget about buying suburbian houses in the middle of nowhere, that need flood insurance and the National Guard to save from forest fires.

    But noooo, we're America and we continue to clamor for cheap and dirty power.

    http://www.washingtonpost.com/wp-dyn/content/article/2011/01/06/AR2011010602485.html?sid=ST201101040216710. Congress shall make no law limiting Americans' right to warm the Planet by using all the energy they darn well please.
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    May 08, 2011 8:18 PM GMT
    I was driving on US Hwy 59 today from Victoria,Tx to Houston and ran across some old gas stations that must have been shut down for awhile. Unleaded was 1.89. Man I miss those days. I miss even $3.00.
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    May 08, 2011 8:19 PM GMT
    $150 to fill up my work van with diesel and that is if I do not run it almost empty! icon_eek.gif
  • CuriousJockAZ

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    May 08, 2011 8:44 PM GMT
    We still have it so easy compared to Europe. I can't believe what they pay for gas over there. They should be really pissed.
  • Avron88

    Posts: 136

    May 08, 2011 8:56 PM GMT
    CuriousJockAZ saidWe still have it so easy compared to Europe. I can't believe what they pay for gas over there. They should be really pissed.


    But Europe and many other countries have denser cities, most all have metro systems, shared taxis, and buses.

    Their extremely cheap to take too.

    We really only drive when necessary and understand that the taxes are necessary in funding roads and public transportation.

    Not to mention how the cities and suburbs are SOOO much closer together.

    Seriously, nobody lives more than 20 minutes drive away from where they need to work... and even that's considered far.

    Even so, there's always a bus route or train that takes you wherever you need to go.

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    May 08, 2011 9:12 PM GMT
    Avron88 saidI can't believe how much this is turning America upside down.

    Most countries in the world have much higher prices that cost around $8- $10/gallon and life moves on. I'm fine with it, just take buses and trains and drive only when absolutely necessary.

    People bike ride, walk, use public transit..... and they're THINNER and prettier in Europe and much of the Middle East.

    I think these soaring prices are just what America needs to get in shape.


    Not every city though has good public access of public transportation though... Like most of European countries, they impose high tariffs and taxes on gas prices so it makes it more of an incentive to use public transportation which is very accessible compared to America. Not every place in America has good public transportation like they do in Europe. Our government does not spend enough money to create an incentive to use public transportation, and spend the tax money on somewhere else. I like the points you made, but the European system does not work in America and will only cripple it.
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    May 08, 2011 9:14 PM GMT
    A_1991 said
    Avron88 saidI can't believe how much this is turning America upside down.

    Most countries in the world have much higher prices that cost around $8- $10/gallon and life moves on. I'm fine with it, just take buses and trains and drive only when absolutely necessary.

    People bike ride, walk, use public transit..... and they're THINNER and prettier in Europe and much of the Middle East.

    I think these soaring prices are just what America needs to get in shape.


    Not every city though has good public access of public transportation though... Like most of European countries, they impose high tariffs and taxes on gas prices so it makes it more of an incentive to use public transportation which is very accessible compared to America. Not every place in America has good public transportation like they do in Europe. Our government does not spend enough money to create an incentive to use public transportation, and spend the tax money on somewhere else. I like the points you made, but the European system does not work in America and will only cripple it.


    Not only that, but majority of American states are several times bigger than European countries!