CrypticVillain Posted February 20, 2013 Share Posted February 20, 2013 I would slap my mother for 1.43/gallon on gas. But don't feel too bad for her because I am pretty sure she would let me slap her for a 1.43/gallon of gas. Link to comment Share on other sites More sharing options...
CrabR Posted February 20, 2013 Share Posted February 20, 2013 Wall street controls the price Link to comment Share on other sites More sharing options...
88Comrade2000 Posted February 20, 2013 Share Posted February 20, 2013 Just buy a car with better mileage. Gas prices will eventually be on par with Europe. They are slowly conditioning us. Complaining about $4/gallon gas? Soon will be wishing gas was that cheap. We are getting close to the point where anything below $4/gallon will be a distant memory. Link to comment Share on other sites More sharing options...
twa Posted February 20, 2013 Share Posted February 20, 2013 gas prices must naturally rise http://news.yahoo.com/energy-secretary-chu-admits-administration-ok-high-gas-193900713.html Chu, along with the Obama administration, regards the spike in gas prices as a feature rather than a bug. High gas prices provide an incentive for alternate energy technology, a priority for the White House, and a decrease in reliance on oil for energy. Link to comment Share on other sites More sharing options...
Predicto Posted February 20, 2013 Share Posted February 20, 2013 As long as there is a world market for oil, it is silly to think that Americans have some long term entitlement to cheap gasoline. Why would they sell it to you for $2 a gallon if the Chinese are willing to pay three times that? It's not a matter of "conditioning us" to anything, its a matter of maximizing profits with a non-fungible commodity traded on world markets. Link to comment Share on other sites More sharing options...
Kilmer17 Posted February 20, 2013 Share Posted February 20, 2013 As long as there is a world market for oil, it is silly to think that Americans have some long term entitlement to cheap gasoline. Why would they sell it to you for $2 a gallon if the Chinese are willing to pay three times that? It's not a matter of "conditioning us" to anything, its a matter of maximizing profits with a non-fungible commodity traded on world markets. Nahh. It's Haliburton. Link to comment Share on other sites More sharing options...
pjfootballer Posted February 20, 2013 Share Posted February 20, 2013 I lived in Waldorf back in 1994-1998. I remember paying when Clinton was in office....get this- .95c a gallon. Wasn't even a dollar. I'm sure there are people older than me that can remember even lower prices than that. Link to comment Share on other sites More sharing options...
rictus58 Posted February 20, 2013 Share Posted February 20, 2013 As long as there is a world market for oil, it is silly to think that Americans have some long term entitlement to cheap gasoline. Why would they sell it to you for $2 a gallon if the Chinese are willing to pay three times that? It's not a matter of "conditioning us" to anything, its a matter of maximizing profits with a non-fungible commodity traded on world markets. But how many different excuses are there to use for the rise? Supply/Demand, seasonal blends, refineries online/off-line, regional turmoil, strength of the dollar, weather, etc. Pardon me if I feel like we are all being taken advantage of. Link to comment Share on other sites More sharing options...
twa Posted February 20, 2013 Share Posted February 20, 2013 I remember it at 25 cents, which is about what I was getting paid a hr gas is relatively cheap, bottled water is expensive Link to comment Share on other sites More sharing options...
Predicto Posted February 20, 2013 Share Posted February 20, 2013 Nahh. It's Haliburton. Yeah. That was nonsense. The looney left should be embarrassed about that. ---------- Post added February-20th-2013 at 04:40 PM ---------- But how many different excuses are there to use for the rise? Supply/Demand, seasonal blends, refineries online/off-line, regional turmoil, strength of the dollar, weather, etc. Pardon me if I feel like we are all being taken advantage of. You are being taken advantage of. You are buying a product for which there is rising demand and no short term substitute for the individual. The thing is, the oil companies' job is not to sell you cheap gasoline. Their job is to maximize their long term profit for their shareholders. There is no question that they manipulate everything that they can, and make all sorts of bullcrap excuses, but the sad fact remains that they are not a regulated utility and they don't have to sell gasoline at any particular price. There are market failures built into the system that undermine genuine price competition, and I also suspect that there is collusion (but it is awfully hard to prove). Nevertheless, the long term trends are undeniable. Half of the world is modernizing rapidly and buying cars and naturally demanding more and more gasoline. Unless China and India suddenly fall into the sea, the demand for oil is going to go up and so is the price. As individuals, we are idiots if we don't recognize that reality, and try to wean ourselves off oil as much as we realistically can. Anyone who buys a gas guzzling SUV today is an absolute fool. As a country, we are idiots if we don't diversify our energy sources as much as we possibly can. Link to comment Share on other sites More sharing options...
skinfan2k Posted February 20, 2013 Share Posted February 20, 2013 cant agree with thatgas was heavily discussed during Bush's presidency. I have no idea where Romney got that "it was $1.86 for regular gas in this county in 2008" line tho. I remember gas being at least $2.20-$2.50 in the DC area. I live in PG county and i clearly remember gas being down to 1.75 right before the election. Thats why me and a couple of buddies did redskins road games that year Link to comment Share on other sites More sharing options...
88Comrade2000 Posted February 20, 2013 Share Posted February 20, 2013 I remember paying as much as $4.15 to $4.30 in the summer of 2008 in Columbus, OH. It then finally fell back down. Link to comment Share on other sites More sharing options...
twa Posted February 20, 2013 Share Posted February 20, 2013 As a country, we are idiots if we don't diversify our energy sources as much as we possibly can. All that NG just begging to be used kinda like that oil seeping out of the ground there Link to comment Share on other sites More sharing options...
Predicto Posted February 20, 2013 Share Posted February 20, 2013 All that NG just begging to be used kinda like that oil seeping out of the ground there Natural gas production is skyrocketing, despite what Mitt Romney like to claim. There are a lot of oil platforms in California, but if Houston's economy was as tourism heavy as Santa Barbara's, you would be reluctant to have much more drilling along your beaches too. It's a smart economic decision. Link to comment Share on other sites More sharing options...
shuler74 Posted February 20, 2013 Share Posted February 20, 2013 :30 second mark ....NSFW !!!! Link to comment Share on other sites More sharing options...
SkinsHokieFan Posted February 20, 2013 Share Posted February 20, 2013 I could almost shed a tear at the simple thought of that. I remember those ancient times when I was filling up for .87 cents a gallon Ahhh, March 2002. Link to comment Share on other sites More sharing options...
mikered30 Posted February 21, 2013 Share Posted February 21, 2013 Still waiting for Obama to give $1,000 in emergency energy rebate from windfall profits tax and a crack down on excessive oil speculation but like some of his other campaign promises, this will not happen. Obama does support the gradual increase in gas prices. Link to comment Share on other sites More sharing options...
twa Posted February 21, 2013 Share Posted February 21, 2013 http://seattletimes.com/html/localnews/2020393904_transpopackagexml.html House Democrats propose a $10 billion transportation package that would gradually raise the gasoline tax to 47.5 cents a gallon within five years. ... and even charge a bicycle fee to raise money. enjoy Link to comment Share on other sites More sharing options...
gbear Posted February 21, 2013 Share Posted February 21, 2013 OK, I will go out on a limb and knowingly cheer something against my short term interests. I've said it before, and I'll say it again. I want $5+ per gallon gas. Yes, this will cause inflation in costs of other goods, most notably food. Still, this it the only thing I see moving the American public away from low gas mileage cars with terribly inefficient driving habits. If we are ever to get a decent public transit system like most of the rest of the first world countries, it will have to be because it makes market sense to have one. Yes, this will hurt with my 60+ miles a day commute, even driving a Carola. Higher gas prices might also be the key to saving cities from the ever widening suburbia with impoverished inner cities. High gas prices is not all warts and farts. There is a long term up side. We have long been a country of innovation, but on transportation we have become spoiled and lazy. Link to comment Share on other sites More sharing options...
MartinC Posted February 21, 2013 Share Posted February 21, 2013 You guys are making my heart bleed. The average price of a gallon of petrol in the UK has just reached the £6 mark - so thats just over $8.90. Over twice what you folks pay. About 80% of the total cost though is taxation either through fuel duty or VAT. I drive a BMW X5 - its a diesel (which is even more expensive per gallon than petrol but I get much better fuel economy) - and it costs me about £120 ($183) to fill the tank from empty. Link to comment Share on other sites More sharing options...
twa Posted February 21, 2013 Share Posted February 21, 2013 You guys are making my heart bleed.y. Give the liberals here time, we can catch ya Link to comment Share on other sites More sharing options...
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