R56 Over $40 to fill up
$4.19
Monday morning the station I drive by on my way to work said $4.19/gallon for premium.
I wish the higher prices would discourage the purchase of gas guzzlers but every where I look I see new suburbans, land rovers, x5s, etc.
I wish the higher prices would discourage the purchase of gas guzzlers but every where I look I see new suburbans, land rovers, x5s, etc.
We're cheap here (about $3.30 premium still). I see so many guzzlers around. One lady said she couldn't drive to the freaking DOCTOR because deisel is $3.90/gal. She has a 3 year old truck. I told her to sell the stupid thing if she can't afford to drive to for goshsakes. She says "well you know I need my truck don't you?". I told her to wash it if she can't drive it.
scoopmama, i'm gonna start doing that!
When we got to $3/gallon I was still having my
CRX as a daily driver. No matter how low on
cash I was when I filled up and I'm next to
a monster truck I would kinda sing and hum
to myself (even if I was screaming on the inside), but
loud enough for them to hear how happy I was.
I still do that of course.
Although I'm not getting nominated for the nobel prize in
economics, I'm still convinced though that it is supply and demand.
Is everybody here in their 20s but me?
I remember that government price fixing scam in the 70s.
Sitting in the back of my mom's bug which had no
heat, waiting in a queue for gas, only on certain days,
and even then, you could only get 1/2 tank, AND
only if you had less than 1/8 tank could you get gas.
I'm as unhappy as anyone about the prices. We just moved
to the country from the city crime zone. My commute is double.
My wife is going to school at night across town. Two
years ago I was single on a motorcycle with a fuel bill of
$40 per month. We're over $400 per month in gas right now.
But it is better than sitting 2 hours in a queue.
BTW, there has got to be some economic theory or historical
evidence that says if Big Oil doesn't make a profit, they'll just
stop making gas (?)
I'm pretty sure I wouldn't like that.
When we got to $3/gallon I was still having my
CRX as a daily driver. No matter how low on
cash I was when I filled up and I'm next to
a monster truck I would kinda sing and hum
to myself (even if I was screaming on the inside), but
loud enough for them to hear how happy I was.
I still do that of course.
Although I'm not getting nominated for the nobel prize in
economics, I'm still convinced though that it is supply and demand.
Is everybody here in their 20s but me?
I remember that government price fixing scam in the 70s.
Sitting in the back of my mom's bug which had no
heat, waiting in a queue for gas, only on certain days,
and even then, you could only get 1/2 tank, AND
only if you had less than 1/8 tank could you get gas.
I'm as unhappy as anyone about the prices. We just moved
to the country from the city crime zone. My commute is double.
My wife is going to school at night across town. Two
years ago I was single on a motorcycle with a fuel bill of
$40 per month. We're over $400 per month in gas right now.
But it is better than sitting 2 hours in a queue.
BTW, there has got to be some economic theory or historical
evidence that says if Big Oil doesn't make a profit, they'll just
stop making gas (?)
I'm pretty sure I wouldn't like that.
Try living in Europe if anyone thinks gas is expensive. Germany pays 1.44 Euro a LITER, and then theres GB!!!!! Americans have been very fortunate with the low prices we pay, the prices had to go up eventually. Maybe this will encourage more People to walk, ride a bike or take mass transit more often, preserve the Earth and save money.
Matty, that's what I was trying to say earlier but just
didn't make the point by itself.
You can take the metro/tube/trollybus/bicycle/feet
and still get to work in a reasonable time.
I live CLOSE to work by most standards, 21 miles.
If I take a bicycle by the time I get there it's time to go home
(there is not trollybus/tube/metro here)
didn't make the point by itself.
You can take the metro/tube/trollybus/bicycle/feet
and still get to work in a reasonable time.
I live CLOSE to work by most standards, 21 miles.
If I take a bicycle by the time I get there it's time to go home
(there is not trollybus/tube/metro here)
Same here. I'm about 35 mi from work - and since I already have a house and 14 acres of land, I don't plan to move any time soon. It's a rural area so of course public transportation is nonexistant. If gas jumps much more, we may have to start taking the classic more often!
condor27596-
A better solution would be to RAISE the gas tax by $1-$2, thereby making fuel even more expensive. This would send a clear signal to OPEC that the USA was finally serious about energy efficiency and energy independence.
Then, use that revenue to develop a true national energy policy that focuses on reducing consumption and promoting alternatives. Want to guess what effect that would have on the price of a barrel of oil? There's always a lot of empty talk about short-term fixes, but the only long-term solution is to become much more energy efficient across the board: cars, housing, business. However, I'm not holding my breath waiting for Washington to pass this type of legislation, as it's very clear who paying their gas bills!
A better solution would be to RAISE the gas tax by $1-$2, thereby making fuel even more expensive. This would send a clear signal to OPEC that the USA was finally serious about energy efficiency and energy independence.
Then, use that revenue to develop a true national energy policy that focuses on reducing consumption and promoting alternatives. Want to guess what effect that would have on the price of a barrel of oil? There's always a lot of empty talk about short-term fixes, but the only long-term solution is to become much more energy efficient across the board: cars, housing, business. However, I'm not holding my breath waiting for Washington to pass this type of legislation, as it's very clear who paying their gas bills!
IMHO: gas prices
As a follow up to miniclubman's comment, I think that gas in the US is too cheap. And this is paying about $4.19/gallon.
If we had followed Europe's lead in raising gas taxes, we would have encouraged the inevitable shift towards efficiency, plus the added gas tax money would have flowed into our coffers (to pay off debt, build mass transit, repair infrastructure, etc.).
Unfortunately, all that gasoline money is flowing into the hands of big oil and out of the country, and our populace is left driving gas guzzlers, cranky that gas is expensive. I know we will never raise taxes; it is so much better to give that money away ...
If we had followed Europe's lead in raising gas taxes, we would have encouraged the inevitable shift towards efficiency, plus the added gas tax money would have flowed into our coffers (to pay off debt, build mass transit, repair infrastructure, etc.).
Unfortunately, all that gasoline money is flowing into the hands of big oil and out of the country, and our populace is left driving gas guzzlers, cranky that gas is expensive. I know we will never raise taxes; it is so much better to give that money away ...
When I was 16 and getting Sunoco 260 (bet you don't know what that is) for my SS396 it was $0.299 per gallon 260 was a very high octane gas. The heads back in those days were not computer designed or machined , had bad flame propagation. My pay back then,when I was 20, was $2.90 per hour and had a child on the way. Had to get rid of the hobby cars. Bought a 1959 Mini back then. 6.5 gallon tank was cheep to fill. Now I make nothing and gas is $3.33 for 93 Octane - everything we own has to use 93 Octane. I'm trying to get my Social Security Disability started. I'm 55 and have seen everything go up in price.
I remember in the '70's (OMG- did I REALLY just say that??!!??
) my folks having to wait in line to get gas for about an hour, and odd # plates went MWF and even # plates got TuTHSat with the rationing.
) my folks having to wait in line to get gas for about an hour, and odd # plates went MWF and even # plates got TuTHSat with the rationing.
If you want to whine, whine about the 27% interest people pay on their credit card bills. That is stealing and the banks didn't even have to work for it.
I don't complain about gas prices for two reasons:
1. It is 8+ dollars in europe(I wish it was that much here)
2. I drive a mini.
The reason I wish it was 8+ here is if they brought he prices up that high it would finally encourage people to start looking for alternative sources of fuel and be more conservative. Which is what we all need to do or we wont have much a planet to drive around on in the future...
1. It is 8+ dollars in europe(I wish it was that much here)
2. I drive a mini.
The reason I wish it was 8+ here is if they brought he prices up that high it would finally encourage people to start looking for alternative sources of fuel and be more conservative. Which is what we all need to do or we wont have much a planet to drive around on in the future...
Let's put this in perspective. Exxon's total revenue was over 400 billion. After taxes, royalties, and operating costs their profit was 40 billion. That is only a net profit of 10%. If you think a 10% profit margin is too high you don't run a very successful business. Companies like Exxon, BP, Shell etc. deal in such volumes of money most people can't even comprehend it. Most large developments to put fuel in your gas tank can cost over 10 billion dollars to develop and operate. Since when has it been anti-American to make money.
If you want to whine, whine about the 27% interest people pay on their credit card bills. That is stealing and the banks didn't even have to work for it.
If you want to whine, whine about the 27% interest people pay on their credit card bills. That is stealing and the banks didn't even have to work for it.
. People shouldn't carry debt on credit cards with 27% interest then. It's rather easy to get a low interest credit card to transfer a balance to. My interest rate is 5.5% on my only card with a balance, and I'm 21 years old
.Let's put this in perspective. Exxon's total revenue was over 400 billion. After taxes, royalties, and operating costs their profit was 40 billion. That is only a net profit of 10%. If you think a 10% profit margin is too high you don't run a very successful business. Companies like Exxon, BP, Shell etc. deal in such volumes of money most people can't even comprehend it. Most large developments to put fuel in your gas tank can cost over 10 billion dollars to develop and operate. Since when has it been anti-American to make money.
If you want to whine, whine about the 27% interest people pay on their credit card bills. That is stealing and the banks didn't even have to work for it.
If you want to whine, whine about the 27% interest people pay on their credit card bills. That is stealing and the banks didn't even have to work for it.
Also, Exxon is the most profitable company in the US. It's not about how much gross revenue they bring in, it's about the fact that during this rise in gas prices during the last 7-8 years, the company has posted record breaking profits quarter after quarter, with the most recent topping 11.7 billion dollars.
Exxon makes almost $1300 a SECOND, and that's just the profit.
THAT's what ticks people off about the oil companies, not the fact that they only made a "measly" 40 billion dollars.
Last edited by Guest; Mar 13, 2008 at 08:26 PM.
I think people like to complain about gas prices because it's convenient to. Just like complaining about the weather or other things we have no control over.
. Gas prices are going up because over the last 8 years, our esteemed leader has let profiteering take precedence over economic stability. Or maybe it's just a coincidence that the Bush family has major ties with big oil
.For the record, it's only going to get worse.
http://www.huffingtonpost.com/2008/0...-_n_90760.html
My most recent fillup was for $3.94 a gallon. If the news plays out, and the national average of ~$3.25 goes up to where CA gas is at, we're likely to see much higher prices here. If we follow suit with the .75-$1 a gallon more than the average trend, gas will be ~$5.00 a gallon in CA before the new year.
We are joining the MINI Family to leave my '01 Dodge Durango (Avg. 13mpg) at Home @ $70+ to fill the tank. My Husband and I carpool so we will be saving $$, gas and be driving a really COOL Car!!
Don't feel rained on, guys. My husband had to fill up the company commuter van today--over $100 for regular gas. Its only saving grace is that it carries 10-15 riders every day. No mass transit anywhere in our part of the Houston metro area (actually, that could be said for most of the area outside the city limits, and darn little within).
The saving grace is that the company pays for carpooling--they all get a free ride!
As for the gas lines of the 70's, yes, I remember that period. I was rather lucky because I was able to buy gas any day of the week--I worked for the Census Bureau on time-sensitive surveys (not the 10-year Census), and was exempt.
I'm sorry to say I'm old enough to remember buying gas in Texas for $.26 a gallon (premium) for our '69 BMW 2002, but I have to admit it was cr@ppy gas, and caused quite a bit of knock until we could dilute it with better. We usually paid about $.30, and it worked just fine. We also used to fly into a nearby airport and fill our plane with $.48 avgas.
The good ol' days. Just think about the Europeans, though--we NEED gas prices to rise in order to get the fuel efficient cars they have. It's criminal that there are cars on the road that get 15 mpg. And Hummers? Don't get me started. Tax advantages, etc.
Just my opinion, I know, but it's from the perspective of 40 years of driving...
(I love my MINI!)
The saving grace is that the company pays for carpooling--they all get a free ride!
As for the gas lines of the 70's, yes, I remember that period. I was rather lucky because I was able to buy gas any day of the week--I worked for the Census Bureau on time-sensitive surveys (not the 10-year Census), and was exempt.
I'm sorry to say I'm old enough to remember buying gas in Texas for $.26 a gallon (premium) for our '69 BMW 2002, but I have to admit it was cr@ppy gas, and caused quite a bit of knock until we could dilute it with better. We usually paid about $.30, and it worked just fine. We also used to fly into a nearby airport and fill our plane with $.48 avgas.
The good ol' days. Just think about the Europeans, though--we NEED gas prices to rise in order to get the fuel efficient cars they have. It's criminal that there are cars on the road that get 15 mpg. And Hummers? Don't get me started. Tax advantages, etc.
Just my opinion, I know, but it's from the perspective of 40 years of driving...
(I love my MINI!)



