Gas prices. Are they going up?
- Thread starter JSt0rm
- Start date
blackangst1
Lifer
- Feb 23, 2005
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They've been going up for a while now. I keep a spreadsheet of my gas mileage and thus my price and it's been:
Dec 2009: $2.839
Jan 2010: $2.899
Feb 2010: $2.849
Mar 2010: $2.869
Apr 2010: $2.959
87 octane in NY
I don't fill up enough to have more April numbers but from what I recall it's not much higher now. But I wouldn't say that's due to the spill, just due to overall price of oil going up, and it's cheaper in the winter.
In 2008, everyone was freaking out about the $3.50 and into the summer, $4+ gallons of gas, but I'm pretty sure we're gonna get close to that this summer anyway.
Dec 2009: $2.839
Jan 2010: $2.899
Feb 2010: $2.849
Mar 2010: $2.869
Apr 2010: $2.959
87 octane in NY
I don't fill up enough to have more April numbers but from what I recall it's not much higher now. But I wouldn't say that's due to the spill, just due to overall price of oil going up, and it's cheaper in the winter.
In 2008, everyone was freaking out about the $3.50 and into the summer, $4+ gallons of gas, but I'm pretty sure we're gonna get close to that this summer anyway.
Tristicus
Diamond Member
They were probably going to climb anyway for the summer, but I think it might be more than expected because of this accident. The loss of one rig itself won't affect supply enough to change prices, but if people expect that this will likely lead to less offshore drilling and more regulation, that may affect the market.
Tristicus
Diamond Member
- Sep 5, 2000
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Are you saying the idea is ridiculous that they would pass these costs on to the consumer or are you saying that its ridiculous that the consumer would want to stop that through legal action.
Tristicus
Diamond Member
How are you supposed to stop this by legal action? What are they doing wrong? Is there a law that says gas prices aren't allowed to raise?
- Sep 5, 2000
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Well our system is set up to allow different parties to go to court for many reasons. I would think those are important questions that could be raised by a law team.
Pulsar
Diamond Member
- Mar 3, 2003
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Gas prices are going to continue to go up. The only reason they've been as low as they have for the last year or so is because of the depressed economy. Now that we're finally beginning to see a recovery you're going to see the price increase and inflation begin to tick upward as well.
Many analysts are projecting that we'll be back up to $4 gas in a year or two.
Many analysts are projecting that we'll be back up to $4 gas in a year or two.
Tristicus
Diamond Member
- Sep 5, 2000
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My logic is if gas prices are raised to pay for the clean up it is basically a gas tax to pay for the clean up and I don't think I should be taxed for either lax regulations or incompetent oil companies.
WelshBloke
Lifer
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PottedMeat
Lifer
- Apr 17, 2002
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blackangst1
Lifer
- Feb 23, 2005
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