Gas at $4 a gallon?

[Son of Norway]

I drive a lot less for sure.

[FrankRizzoXD40]

Originally Posted by LUVMYSIGP225

It's always cheaper for me. Because I do not buy $4.00 a pack cigarettes, 20 scratch-offs tickets and $1.50 bottled water while I am paying for my gas.

These are the types of people that I see bitch about gas prices.

lol! VERY true.

Gas prices don't bother my wife and I too much, because I only drive 3.5 miles to work.

We both own Hondas (non-hybrid) that get around 30 MPG.

If the government would stop taxing gas at such a high rate and cut the crap with the "windfall" profits taxes on big oil, gas would be a lot cheaper.

Frank

[jeepinbanditrider]

Originally Posted by LUVMYSIGP225

It's always cheaper for me. Because I do not buy $4.00 a pack cigarettes, 20 scratch-offs tickets and $1.50 bottled water while I am paying for my gas.

These are the types of people that I see bitch about gas prices.

i don't smoke, I hate the damn lottery especially when a state trys to pass it off as a freakin "education lottery", and I drink water out of the tap.

i still bitch about gas on a daily basis.

[FrankRizzoXD40]

From the article Dan posted:

"There's been a $5 or $6 premium that's been built into the price of oil over this," said Phil Flynn, vice president and energy analyst at Alaron Trading. "Even though this crisis has ended, the oil market is still on guard that the tensions in the Middle East are going to continue."
Oil prices spiked this morning when Iranian President Mahmoud Ahmadinejad appeared on television, because of uncertainty over what he was going to announce. When he started awarding medals to the troops who had captured the Britons, traders assumed the worst.

It's possibly that the Iranians did this in order to make more money on their oil sales.

If so, it was a big risk, but worth it.

Frank

[DanTheEldest]

Originally Posted by FrankRizzoXD40

From the article Dan posted:




It's possibly that the Iranians did this in order to make more money on their oil sales.

If so, it was a big risk, but worth it.

Frank

That was actually one of my first thoughts when I heard about the whole hostage thing. Ahmadine-jyhad has a history of coming out of nowhere with inflammatory statements every once in a while just to push petro prices up.

[LUVMYSIGP225]

Originally Posted by FrankRizzoXD40

lol! VERY true.

Gas prices don't bother my wife and I too much, because I only drive 3.5 miles to work.

We both own Hondas (non-hybrid) that get around 30 MPG.

If the government would stop taxing gas at such a high rate and cut the crap with the "windfall" profits taxes on big oil, gas would be a lot cheaper.

Frank

I live across the street from work. Wife has to drive a little further, but has a 4 popper Audi. We sometimes run around on the weekend, but not much.

[retired]

My wife and I both used to put 30K miles per year on our vehicles when we worked. We probably will put less than 15K on the 06 Honda Pilot (bought in early 06). I have an 06 Tundra bought at the end of Oct. and have 5K, so that should be 12K per year. The lowest near me is $3.15/gal.

In late 78 during the gas crisis and odd/even day rationing, I bought a Honda 750 for work. Yes, I got about 50mpg, but I didn't realize the tires and other maintenance would occur more frequently and cost a lot. (a tire cost more than a car tire and only lasted about 9K-10K miles). So, I don't know if I really saved any money.

What it did do for me is allowed me to buy gas any day of the week, as motorcycles were exempt from the odd/even days. I had 2 cars (1 a vette) also. One plate was even, one odd, so I was set re not waiting in long lines.

[DanTheEldest]

Originally Posted by retired

In late 78 during the gas crisis and odd/even day rationing, I bought a Honda 750 for work. Yes, I got about 50mpg, but I didn't realize the tires and other maintenance would occur more frequently and cost a lot. (a tire cost more than a car tire and only lasted about 9K-10K miles). So, I don't know if I really saved any money.

That's something I need to figure in to the equation if I end up using a motorcycle--good points.

[Powerman]

I'm all for reducing dependence of forign oil. It is a volitile market these days. Gas prices are a complex issue though. Ths oil companies are not seperate, they exercise price controls of the market. If you believe otherwise say hi to Dorothy & Toto for me next time you see them.

They have forced independent refineries out of the buisness. In the past, 10% of our supply would come from independents. If there was a shortage they would be happy to increase production to make a few bucks on the small rise in price. It had a stabilizing effect to price swings in the market. Those independents do not exsist any more, and the large oil companies have not built new refineries in quite some time. They have actually shut many down. It keeps supply tight.

When thing like Kartina and Middle East problems arise, they say, "Sorry our hands are tied. It's just the market." Bull, they do not have excess supply to meet market needs as a independently run market would dictate. I understand the comanies have made record profits because of record sales of oil at record prices, but the oil companies manipulate the oil and gasoline markets as much as any O.P.E.C. nation does.

Having said that, the American consumer is the real problem. Our glutonous consumption and lack of any concern for anything besides cheap gas. We cry at the outrage of $3-$4 a gallon when the rest of the world spends twice that. We are quite spoiled when it comes to our standard of living and what we expect compared to other countries. I'm not moving though. I am driving my Jeep cross country to go wheeling!

[jeepinbanditrider]

Originally Posted by Powerman

I'm all for reducing dependence of forign oil. It is a volitile market these days. Gas prices are a complex issue though. Ths oil companies are not seperate, they exercise price controls of the market. If you believe otherwise say hi to Dorothy & Toto for me next time you see them.

They have forced independent refineries out of the buisness. In the past, 10% of our supply would come from independents. If there was a shortage they would be happy to increase production to make a few bucks on the small rise in price. It had a stabilizing effect to price swings in the market. Those independents do not exsist any more, and the large oil companies have not built new refineries in quite some time. They have actually shut many down. It keeps supply tight.

When thing like Kartina and Middle East problems arise, they say, "Sorry our hands are tied. It's just the market." Bull, they do not have excess supply to meet market needs as a independently run market would dictate. I understand the comanies have made record profits because of record sales of oil at record prices, but the oil companies manipulate the oil and gasoline markets as much as any O.P.E.C. nation does.

Having said that, the American consumer is the real problem. Our glutonous consumption and lack of any concern for anything besides cheap gas. We cry at the outrage of $3-$4 a gallon when the rest of the world spends twice that. We are quite spoiled when it comes to our standard of living and what we expect compared to other countries. I'm not moving though. I am driving my Jeep cross country to go wheeling!

Not a whole lot of those other countries have families spread across the country. We don't have the type of mass transit system that they do and much of our population is de-centralized.