Gas is going up to $4 a gallon now, ahhhhhh

[goodcents]

Just read that gas will go up to $4 a gallon within a monthAlso stumbled on this article toohttp://money.cnn.com/2008/02/01/news...ion=2008020114No one can tell me that this is nothing but unregulated greed
keep in mind this is profit (after the bills are paid)

[TheArtist]

jesus h.... it already costs me 70 to fill up my truck....and that was WITH a quarter of a tank left in it! AAHHH!

[goodcents]

I had a f150 with dual tanks (20 and 20gallon?) and you could run that thing forever it seemed but now it would cost like $160 to fill it up I have a toyota yaris now, 39 mpg.

[Panzerfaust]

It wouldn't be so "expensive" if the dollar actually had value these days.

[TheArtist]

nice... if mine wasn't paid for, i'd probably trade it for something with better mileage... but, i'd rather pay 100+ a month for gas... than 400+ for a payment....

[SMCengineer]

Just read that gas will go up to $4 a gallon within a monthAlso stumbled on this article toohttp://money.cnn.com/2008/02/01/news...ion=2008020114No one can tell me that this is nothing but unregulated greed
keep in mind this is profit (after the bills are paid)

It's not unregulated greed. In fact, it's completely regulated. This is the result of government collusion and corporate regulations. If we had a true free market there would be companies that would be drilling here in the US where we have untapped oil reserves.

[goodcents]

It's not unregulated greed. In fact, it's completely regulated. This is the result of government collusion and corporate regulations. If we had a true free market there would be companies that would be drilling here in the US where we have untapped oil reserves.

Good point, I was just pms'ing this morning(sorry I'm around girls too much)Btw have you ever noticed that chics start cycling together when they are around each other?Even chics say it's true. You have to love have mistresses only to have them all raging at the same time

[Amorphic]

good thing i drive a 4 banger that doesnt cost much to fill up.

[Kratos]

It's not unregulated greed. In fact, it's completely regulated. This is the result of government collusion and corporate regulations. If we had a true free market there would be companies that would be drilling here in the US where we have untapped oil reserves.

I tend to disagree here, there isn't much untapped domestic oil except for anwr and in 5000 feet of water off the gulf of mexico. The report, issued by the Energy Information Administration, or EIA, said that if Congress gave the go-ahead to pump oil from Alaska’s Arctic National Wildlife Refuge, the crude could begin flowing by 2013 (if they gave the go ahead in 2004 when the report came out) and reach a peak of 876,000 barrels a day by 2025. But even at peak production, the EIA analysis said, the United States would still have to import two-thirds of its oil, as opposed to an expected 70 percent if the refuge’s oil remained off the market. But even the additional domestic production would not be enough to overcome increased demand, meaning continued heavy reliance on imports, the EIA said. Currently, the United States imports about 56 percent of the oil it consumes. Where else do you want to drill? You can't ignore the consuption problem forever and only focus on production. It only buys you time, and another question, do you want to burn up all US oil first and rely on forgin oil later? We should deplete the world of its oil before our own imo, it won't be there later, china and other devolping nations will use it to fuel their economies. The clock is ticking and we need real soloutions.

[SMCengineer]

I tend to disagree here, there isn't much untapped domestic oil except for anwr and in 5000 feet of water off the gulf of mexico. The report, issued by the Energy Information Administration, or EIA, said that if Congress gave the go-ahead to pump oil from Alaska’s Arctic National Wildlife Refuge, the crude could begin flowing by 2013 (if they gave the go ahead in 2004 when the report came out) and reach a peak of 876,000 barrels a day by 2025. But even at peak production, the EIA analysis said, the United States would still have to import two-thirds of its oil, as opposed to an expected 70 percent if the refuge’s oil remained off the market. But even the additional domestic production would not be enough to overcome increased demand, meaning continued heavy reliance on imports, the EIA said. Currently, the United States imports about 56 percent of the oil it consumes. Where else do you want to drill? You can't ignore the consuption problem forever and only focus on production. It only buys you time, and another question, do you want to burn up all US oil first and rely on forgin oil later? We should deplete the world of its oil before our own imo, it won't be there later, china and other devolping nations will use it to fuel their economies. The clock is ticking and we need real soloutions.

Don't get me wrong, I'm not denying the law of Supply and Demand, of which, I fully agree with you on. I'm merely stating that a free market versus a government regulated/created oil cartel would have led to cheaper prices. Government regulations are what get us into these messes in the first place, yet when we see the results we cry for more government regulation to fix it. Where's the logic in that?

[Kratos]

Yeah the thing is I don't really see the govt getting in the way of big oil excluding anwr and the north sea of alaska. It's nothing compared to what they are doing to the logging industry up there. Regardless of what we do to increase production we only have so many years before we reach an oil crisis where our ability to increase supply is outpaced by an increase in demand. I've seen pesimistic predictions as soon as 2015. No reason for the govt. to stand in the way of production though, let the black stuff flow.

Get me a battery powered car that will get me 250 miles of range and I'll use it. I drive 50k miles a year for work, its killing me even though I can write off the milage for a tax deduction. I'll use my crystal ball to predict higher still oil prices in our future.

[convalescence69]

Ron Paul has been talking about all this for years. The Fiat Empire will collapse. It might take some years still, but it will end.
Our currency is backed by nothing, it is worthless paper. As soon as other governments start dumping the dollar and calling in on our debts we are screwed.

[inky-e]

all i can say is thank you george effn bush!you really screwed us!

[Kratos]

all i can say is thank you george effn bush!you really screwed us!

ummm no, how do you see this as his fault?

[Hollywood080]

Kratos !!!!!

[Tesla]

ummm no, how do you see this as his fault?

I was wondering the same thing. Presidents don't exactly have some secret room in the White House where they can set gas prices or anything like that.

[SMCengineer]

Yeah the thing is I don't really see the govt getting in the way of big oil excluding anwr and the north sea of alaska. It's nothing compared to what they are doing to the logging industry up there. Regardless of what we do to increase production we only have so many years before we reach an oil crisis where our ability to increase supply is outpaced by an increase in demand. I've seen pesimistic predictions as soon as 2015. No reason for the govt. to stand in the way of production though, let the black stuff flow.

Get me a battery powered car that will get me 250 miles of range and I'll use it. I drive 50k miles a year for work, its killing me even though I can write off the milage for a tax deduction. I'll use my crystal ball to predict higher still oil prices in our future.

Not necessarily getting in the way, but providing government subsidies and special benefits doesn't promote a healthy free market.

ummm no, how do you see this as his fault?

His foreign policy certain contributes to the souring gas prices, but again I don't think it's totally his fault.

[Hudson]

lol you guys got it easy, here in the uk it's around $8 a gallon, I've never known it to be $4 a gallon here and i've been driving 15 years.

[ecto9]

Sheet, In my part of town premium is already $3.91! I just sold my car so i bus it and walk now, lol...

[DSM4Life]

God i love my manual 4-cylinder !

[ecto9]

lol you guys got it easy, here in the uk it's around $8 a gallon, I've never known it to be $4 a gallon here and i've been driving 15 years.

Daaaaang! You guys over there must drive little golf carts around town LOL...sheet!

[Tru2]

that would mean we (Sydney, Australia) are currently paying the equivilent of $5.25 a gallon.

[CheddaNips]

good thing im getting a gixxer in a month. This way my truck wont take a beating on my wallet.

[FallenWyvern]

It wouldn't be so "expensive" if the dollar actually had value these days.

Truth. Weak dollar accounts for probably .30 of gas price move last year.

[JackBauer]

IMO everyone has their opinion on the situation and as much as I dislike George W. Bush I disagree with the statement that he is responsible for the rising gas prices. I think the production of crude has not increased with the rising demand due to the fact that **GASP** either the resources might actually be dwindling to the point that the saudis may want to keep it for themselves and sit on it for a while (hence the boom in dubai) I solely base this opinion on the fact that they are dumping Billions into dubai to turn it into the worlds largest 5 star theme park because they have nothing else to attract revenue to their country if oil comes off the export list. As far as the US... well i think we've been in the same boat for a while... its obvious that oil has become just as much of a currency as gold and as such, the United States will protect (declare protected federal land etc..) our natural resources as much as possible... I believe there will be a largely inflated price of crude oil and thus gasoline prices for a while until the Oil companies have enough time to invest in alternative sources of energy and figure out a system that will allow the big ballers to provide this at a reasonably equal rate across the board..

I may be babbling, but... its just my 2cc's

[goodcents]

I was wondering the same thing. Presidents don't exactly have some secret room in the White House where they can set gas prices or anything like that.

The president and the bankers control the world, they always have

[longhorn814]

gas prices always go up towards the summer months..if you dont like it..walk!!

I work for an oil company so that just means more money for me!!! lol Oil companies are not these evil greedy corporations either..its called supply and demand..simple economics..the demand is greater than the supply, thus the reason the price is so high..its not going to change either..probably only get worse..the fact that the dollar is worthless makes it even worse!!

[UberSteroids]

Gotta love it. Just in time for the spring and summer.

I have two cars and one is just a bigger gas HOG than the other.

521rwhp camaro with 4400 stall 8-12mpg

300hp 540i 16-18mpg

Very economic...as you can see.

Great... guess I will be riding a bicycle this season

[UberSteroids]

gas prices always go up towards the summer months..if you dont like it..walk!!

I work for an oil company so that just means more money for me!!! lol Oil companies are not these evil greedy corporations either..its called supply and demand..simple economics..the demand is greater than the supply, thus the reason the price is so high..its not going to change either..probably only get worse..the fact that the dollar is worthless makes it even worse!!

Simple economics? Well if it is.. then why are the gas prices going all the way up to four bucks if the total demand for gas was about 1-1.5% LESS than last year ?! Could you explain this one to me Mr. Simple Economics ?

Taking over the damn middle eastern rigs should give more supply than ever right? I mean...that's what US went there for ... right?

[IronReload04]

ummm no, how do you see this as his fault?

wow....dont even get me started on the the worst president in history. please

[longhorn814]

Simple economics? Well if it is.. then why are the gas prices going all the way up to four bucks if the total demand for gas was about 1-1.5% LESS than last year ?! Could you explain this one to me Mr. Simple Economics ?

Like I said, the dollar being worthless makes it worse..you people only look at the demand for gasoline..you need to look at the demand for energy in general..the demand is expected to increase by 10 million barrels oil equivalent/day (MMBOE) in the next 10 years, however, at the current rates of production, the world will only be able to add about 4 MMBOE/day..everything will go up, not just gasoline..besides several years back oil was about $50/barrel and gas was over $3 and now oil is over $100/barrel and it still hadnt hit $4..just wait til it hits $5..times are changing and the days of cheap energy and gas are no more

[soulstealer]

Gotta love it. Just in time for the spring and summer.

I have two cars and one is just a bigger gas HOG than the other.

521rwhp camaro with 4400 stall 8-12mpg

300hp 540i 16-18mpg

Very economic...as you can see.

Great... guess I will be riding a bicycle this season

LOL... thats funny as hell... I can see you now cruzing down the beach on a huffy... telling the ladies about your wheels that you cant afford to drive

[Dukkit]

im just going to start pissing in my tank. i got enough alcohol in me to fuel it for a few miles.

[UberSteroids]

Like I said, the dollar being worthless makes it worse..you people only look at the demand for gasoline..you need to look at the demand for energy in general..the demand is expected to increase by 10 million barrels oil equivalent/day (MMBOE) in the next 10 years, however, at the current rates of production, the world will only be able to add about 4 MMBOE/day..everything will go up, not just gasoline..besides several years back oil was about $50/barrel and gas was over $3 and now oil is over $100/barrel and it still hadnt hit $4..just wait til it hits $5..times are changing and the days of cheap energy and gas are no more

I see.

I hope they will get some alternative fuel source soon because with what you just wrote, we might be paying 10 bucks a gal one day!

Thanks for the info!

[longhorn814]

obviously there are many factors that affect the price of energy..i really hope it never gets that high..you will probably start seeing a lot more smaller cars on the road, which is what you see is a lot of other countries whos gas price is way higher than ours too..public transportation is another alternative, but thats only available for people in major cities

[Kratos]

im just going to start pissing in my tank. i got enough alcohol in me to fuel it for a few miles.

yeah, me too

[Kratos]

wow....dont even get me started on the the worst president in history. please

I blame the pope for the high gas prices, don't even get me started on the worst pope in history.

Pointing fingers is fun.

[ottomaddox]

I filled up last night for the sum of $47.00 for 12 gallons of super unleaded 91 octane, that's the best we have in California.

[Kratos]

Not necessarily getting in the way, but providing government subsidies and special benefits doesn't promote a healthy free market. Can you tell me more about these subsidies and how they are disrupting flow of oil to the free market?


His foreign policy certain contributes to the souring gas prices, but again I don't think it's totally his fault.

In the months before he became president, the United States had experienced severe oil and natural gas shortages in many parts of the country, along with periodic electrical power blackouts in California. In addition, oil imports rose to more than 50% of total consumption for the first time in history, provoking great anxiety about the security of the country’s long-term energy supply. The Bush administration has made it a major part of its forgin and domestic policy to ensure there is no disruption of the energy supply. You can argue that its not right but I think few people understand the economic consequences of a disruption in the energy supply, and there hasn't been one.

[goodcents]

There just comes a point where you go fuk it and just lay down, hell it almost cost more to work than to be on well fare$4, $5, $6 a gallon, when does it just cost too much to drive?