What is Up with Gas Prices!

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Accipiter22

Banned
Feb 11, 2005
7,942
2
0
Originally posted by: Bateluer
Ever notice how when gas prices rises sharply and stay high for a time, people's complaints drop off. Then when the gas drops, people jump for joy at the cheap gas, even though it was higher than it was before?

IE. Gas is 2.00 USD per gallon, it rises to 3.50 per gallon and stays there for 3 months. Then, it drops to 2.50, and people rejoice at the cheap gas, despite it being higher than the original price? This seems to have been happening for years.

Yes actually, I've noticed exactly that. I was actually happy when it hit 2.11 around here then I was like 'wait...it was 1.25 when I started driving"
 

IGBT

Lifer
Jul 16, 2001
17,967
140
106
..get ready for co2 and btu tax imposed by the epa. anywhere from .75 to 1.00 a gallon. Blame the global warming goobers.
 

dmcowen674

No Lifer
Oct 13, 1999
54,889
47
91
www.alienbabeltech.com
Originally posted by: alkemyst
The main problem aside of that is the lack of refineries here.

With all of the Billions of record profits and the Oil Corporations not re-investing any of it to expand the so called lack of refinery capacity (I haven't seen any stations out of gas since 1973) why do you condone and reward obvious refinery incompetence???
 

SSSnail

Lifer
Nov 29, 2006
17,458
83
86
Eh... I just read somewhere on the news that because Iran just released the detainees, oil has dropped to $64 /barrel.

But, I'm still paying out the ass for gas. It's now normal for me to pay $50+ to fill up a family sedan.
 

livewire42

Junior Member
Jul 3, 2003
13
0
0
well, when everyone stops buying gas, and we all boycot them together, then maybe they will bring the prices back down! From the way I understand it, really they only need to be charging us like 99 cents a gallon or less for gas, but because theyare so greedy the rest of that money per gallon goes in their pockets. Actually the way I understand it, everyone is scared about what is going to happen over the situation, so everyone is bying it up, and selling it to us for ridiculous prices, which ofcourse ultimatly benefits their pockts.
 

Aikouka

Lifer
Nov 27, 2001
30,383
912
126
Sorry, but I need to go to work or I cannot afford to protest :p. And unless you want to come drive me to work 30 miles each way, shoosh!
 

jlbenedict

Banned
Jul 10, 2005
3,724
0
0
Originally posted by: livewire42
well, when everyone stops buying gas, and we all boycot them together, then maybe they will bring the prices back down! From the way I understand it, really they only need to be charging us like 99 cents a gallon or less for gas, but because theyare so greedy the rest of that money per gallon goes in their pockets. Actually the way I understand it, everyone is scared about what is going to happen over the situation, so everyone is bying it up, and selling it to us for ridiculous prices, which ofcourse ultimatly benefits their pockts.

Everyone stop buying gas? What are you smoking?

Boycotting the purchase of gas is impossible. Gasoline is almost a neccessity. People have to get to work somehow. Freight trucks need to deliver goods across the country.

Convincing people to not buy gas would be like trying to convince Sony that the Wii is indeed outselling their PS3.


 

nakedfrog

No Lifer
Apr 3, 2001
61,775
17,490
136
Originally posted by: Accipiter22
Originally posted by: Bateluer
Ever notice how when gas prices rises sharply and stay high for a time, people's complaints drop off. Then when the gas drops, people jump for joy at the cheap gas, even though it was higher than it was before?

IE. Gas is 2.00 USD per gallon, it rises to 3.50 per gallon and stays there for 3 months. Then, it drops to 2.50, and people rejoice at the cheap gas, despite it being higher than the original price? This seems to have been happening for years.

Yes actually, I've noticed exactly that. I was actually happy when it hit 2.11 around here then I was like 'wait...it was 1.25 when I started driving"

I'm not even 30 and I've seen as low as $0.64... I was pissed the first time it hit $1.86. I remember when a whole tank cost less than $10 :(
 

BoomerD

No Lifer
Feb 26, 2006
65,906
14,305
146
I'm an old fart, and remember the days before the Oil Embargo of the early 70's...gas everywhere was about $.33, and stations would have "Gas Wars" to steal business from the other guys....and it'd drop down to $.25/gallon...of couse, I remember as a kid, gas used to be $.15/gal, and would often go much lower during those gas wars.
But then again, candy bars were a nickle, cokes were a dime, and for kids, movies were $.50...
 

desy

Diamond Member
Jan 13, 2000
5,446
214
106
Give live a break he needs an economic class
Demand won't change cause we have no alternative and prices will be paid no matter what. If it was Pork we could just buy chicken instead.
Energy is also relatively low historically you would have paid a lot more in % of income 50 yrs ago or 100, food too.
100 yrs ago people seldom went more than 20 miles from their house their whole lives just to put it in perspective for you.
Nobody likes a step back but until efficiency and alternatives work their way into the system demand won't change and prices will continue to drive higher.