Gas Is Still Going UP
If only I had the time...
I'd get a wrecked hybrid, and an other old Mustang. Front drive hybrid 65 fastback anyone? It will have the muscle car fans in fits, but just like the ricers are putting out power, it's just a matter of time for hybrid hot rods.....
Matt
Matt
Originally Posted by 2minis
Prices in the US have always been ridiculously low.
We tax fuel to pay for the building and maintenance of the roads and highways. Our taxes are not high enough to change the behavior of the user of the fuel. Do you really want our government to manipulate your driving behavior by controlling prices via tax policy? If so, why don't you move to Europe. There you will love driving tiny cars and paying $6-8 per gallon. You will also have to get used to the smell of diesel.
Even at $3 per gallon, gas is still less expensive than it was 30 years ago, adjusted for inflation. So quit complaining.
Originally Posted by Edge
How much sense does it make that a gallon of gas is cheaper than a gallon of milk?
And for those of you who think a hybrid car is more energy efficient than the same car in gas? From beginning to end, the hybrid car uses just as much energy as a normal car. The same is true for electric cars.
The anti-SUV person has a holier-than-thou attitude. The manufacturers know that and built the hybrid for that crowd. Suckers! LOL
2 months ago I bought a 2005 Dodge Ram 2500 with the Cummins diesel. It does 25mpg on the highway. Stick that in your pipe and smoke it.
Originally Posted by Monkey_Boy
And for those of you who think a hybrid car is more energy efficient than the same car in gas? From beginning to end, the hybrid car uses just as much energy as a normal car. The same is true for electric cars.
The anti-SUV person has a holier-than-thou attitude. The manufacturers know that and built the hybrid for that crowd. Suckers! LOL
The anti-SUV person has a holier-than-thou attitude. The manufacturers know that and built the hybrid for that crowd. Suckers! LOL
The greenhouse gases are the point, remember?
Originally Posted by chrisnl
Originally Posted by MINIclo
So one of the oil guy experts at Goldman-Sachs was quoted today as saying that spot oil-prices could hit $105/barrel! That would be equivalent to $6/gallon at the pumps!
Hold onto your hats, friends! This is going to get BUMPY! 
Clover
Originally Posted by Rawhyde
Ran48That is a well reasoned and well stated post. I was just on a rant about the people who seem elated and clamoring for yet higher gas prices without regard to the people who would be hurt by them. Sorry I ruffeled your feathers, but prices going up with wages remaining static just ain't good...not for me anyway.
Rawhyde
Rawhyde
And, you are absolutely right. Higher oil prices are going to affect the poor much more than it affects those of us more fortunate. That is why I think it is so important to look for alternatives now before the crises really hits, because when it does my gut feeling is its going to be pretty bad. In any case, when it does, the fortunate will have to step up to help pull us all through.
Originally Posted by MINIclo
So one of the oil guy experts at Goldman-Sachs was quoted today as saying that spot oil-prices could hit $105/barrel! That would be equivalent to $6/gallon at the pumps!
Hold onto your hats, friends! This is going to get BUMPY!
Clover
Originally Posted by meanboy
Hopefully, the oil guy wasn't on CNBC. They can't seem to get anything right.
Here are some excerpts of the info on the link chrisnl posted above, from the BBC NEWS:
"Crude oil prices hit record levels on Friday, with leading investment bank Goldman Sachs warning the cost of a barrel could eventually top $100.
Goldman Sachs said that the oil market may be in the early stages of a "super spike", which could push prices as high as $105 a barrel.
It said strong global demand, allied to potential instability in oil producing countries, could inflate prices."
AND:
"The firm has raised its average US price forecasts for 2005 and 2006 to $50 and $55 a barrel from $41 and $40 respectively.
"Oil markets may have entered the early stages of what we have referred to as a 'super spike' period," said Goldman Sachs analyst Arjun Murti. This would result in "a multi-year trading band of oil prices high enough to meaningfully reduce energy consumption and recreate a spare capacity cushion only after which will lower prices return".
Clover
not everyone agrees on $105 a barrel
http://www.businessweek.com/ap/finan...id=apn_home_up
Several analysts have been critical of an extremely bullish report that Goldman Sachs distributed to the media on Thursday, saying it created unreasonable fear in the market. The report said that oil prices could go as high as $105 a barrel -- the price Goldman Sachs said may be necessary to significantly curb energy consumption.
Goldman Sachs analyst Arjun Murti said factors contributing to the run-up in prices include geopolitical turmoil in oil-producing countries.
"Oil markets may have entered the early stages of what we have referred to as a 'super spike' period -- a multiyear trading band of oil prices high enough to meaningfully reduce energy consumption and recreate a spare capacity cushion only after which will lower energy prices return," the report said.
Other analysts said they would expect a slowdown in demand well before that point, and that oil producing nations already have plenty of economic incentive to add more supply to the market. Oil analyst Victor Shum of Texas-based Purvin & Gertz in Singapore said the chances of crude oil reaching $105 a barrel were slim.
Personally, I think if oil were to reach that high there would be more countries turning up the pipes and pumping up the fossil fuel to cash in on the unprecedented prices. That should increase the supply and drive the prices back down. At least that's the way economics should work.
Several analysts have been critical of an extremely bullish report that Goldman Sachs distributed to the media on Thursday, saying it created unreasonable fear in the market. The report said that oil prices could go as high as $105 a barrel -- the price Goldman Sachs said may be necessary to significantly curb energy consumption.
Goldman Sachs analyst Arjun Murti said factors contributing to the run-up in prices include geopolitical turmoil in oil-producing countries.
"Oil markets may have entered the early stages of what we have referred to as a 'super spike' period -- a multiyear trading band of oil prices high enough to meaningfully reduce energy consumption and recreate a spare capacity cushion only after which will lower energy prices return," the report said.
Other analysts said they would expect a slowdown in demand well before that point, and that oil producing nations already have plenty of economic incentive to add more supply to the market. Oil analyst Victor Shum of Texas-based Purvin & Gertz in Singapore said the chances of crude oil reaching $105 a barrel were slim.
Personally, I think if oil were to reach that high there would be more countries turning up the pipes and pumping up the fossil fuel to cash in on the unprecedented prices. That should increase the supply and drive the prices back down. At least that's the way economics should work.
Originally Posted by meanboy
Personally, I think if oil were to reach that high there would be more countries turning up the pipes and pumping up the fossil fuel to cash in on the unprecedented prices. That should increase the supply and drive the prices back down. At least that's the way economics should work.
Clover
our prices at the moment are all over the place!
At the moment its 83 pence per gallon! Tax man takes 73% of that for tax purposes which is horrendous...we pay tax on everything including car insurance nowadays !! My last Tank full cost 37 pounds
At the moment its 83 pence per gallon! Tax man takes 73% of that for tax purposes which is horrendous...we pay tax on everything including car insurance nowadays !! My last Tank full cost 37 pounds
Originally Posted by Cooper_Si
our prices at the moment are all over the place!
At the moment its 83 pence per gallon! Tax man takes 73% of that for tax purposes which is horrendous...we pay tax on everything including car insurance nowadays !! My last Tank full cost 37 pounds

At the moment its 83 pence per gallon! Tax man takes 73% of that for tax purposes which is horrendous...we pay tax on everything including car insurance nowadays !! My last Tank full cost 37 pounds

Originally Posted by chrisnl
That's not the point, of course.
The greenhouse gases are the point, remember?
The greenhouse gases are the point, remember?If not, then you're deluded to think people buy a hybrid to reduce greenhouse gases. They buy them to be cool and to be better people than you and me.
Besides, if you're serious about reducing greenhouse gases, figure out a way to stop all volcanoes from pumping out those noxious products. Considering that Mt Pinatubo in its major eruption a few years ago pumped out 600 times more greenhouse gaes than mankind has done since the beginning of time - well, you add it up. If a hybrid driver thinks he's helping to reduce pollution, he's nothing but a deluded fool.
Originally Posted by Cooper_Si
seriously thinking of leaving this country ! but hey the grass may be greener the otherside but i bet you peeps have downsides to your country to ? 

The main downside here? Too much commercialization. It's always in your face, it's hard to escape. Otherwise, it's the best country in the world. :smile:
California is becoming an insane, stupid place and I hope to escape in the next few years. The grass is not green here in the summer, it's golden.
Just saw this today on MSN! At least the Mini helps us on gas cost a little bit. It was about Highest Fuel Economy in the Most Popular Classes. MINI made the list!!
http://autos.msn.com/advice/article....c=LP%20pickups
http://autos.msn.com/advice/article....c=LP%20pickups
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