Oh, man......gas to be at $3.75/gal by March.

treitz3

I have no idea whether or not this is true but I was watching the local news last night and they are predicting that gas will be $3.75 a gallon by March with prices possibly rising throughout the summer months.

OUCH! :eek: :eek: :eek:

Anybody else hear the skinny on this? That's a big enough increase to me to have to re-do the household budget for both cars. We have already budgeted 490.00/month for fuel without having any long trips. I'm not complaining, just trying to find out if anybody else has heard this and what the skinny may be.

heiney9

Tom, how could anyone possibly predict that with any certainty. I hope it doesn't happen.

H9

mantis

Well I just paid 3.24 for Plus ( I use to get super my truck runs best on it and for max performance).
I'm sick and tired of gas costing so much. The world is basically broken and this doesn't help. There is no reason gas gotta cost so much unless it's a push towards alternate fuel driven vehicles , then I'm all for it.

Fully solar powered would be Ideal , companies have been working on things like this for years and years. Hybrid vehicles are such a step in the right direction. Gas powered should be phased out fast.

nooshinjohn

The rise in prices directly ties into the stop order this past summer in the Gulf of Mexico, and the fact that only two permits have been issued to producers there to continue operations. The rigs that were producing in the Gulf have since been relocated to other operations around the globe.

A few Oil company CEO's have gone on record stating that there is enough oil in the ground, in the U.S, hundreds of BILLIONS of barrels worth, that if we were to exploit our own reserves, we could go back to 2buck a gallon gas for the next thirty to fifty years... Time to start asking why they aren't allowed to do so.

treitz3

mantis wrote: »

Well I just paid 3.24 for Plus ( I use to get super my truck runs best on it and for max performance). I'm sick and tired of gas costing so much. The world is basically broken and this doesn't help.

Give or take a nickle, I think that's where we are at for super too. I have a truck that doesn't respond very well to anything but super. If I use a lower octane, she knocks and pings constantly and idles rather rough. Been doing that since I bought her. It wasn't that bad back when she was purchased as gas was less than $2.00 a gallon for super.

treitz3

heiney9 wrote: »

Tom, how could anyone possibly predict that with any certainty. I hope it doesn't happen.

I have no idea. That said, whenever I here them say it....they are correct and it usually lasts for a long time. I just wanted to see if anybody else out there in Polk land heard anything to the contrary....or the same thing.

WilliamM2

$490 a month for gas? Curious how far and what do you drive to use that much? My car only gets 25mpg, and at the current price of $3.20 a gallon that's over 3800 miles a month. Guess I'm lucky I only average about 100 miles a week, $50 a month for fuel, wife spends even less, as her car gets better mileage.

I think the real reason the price is going up, is a subject that's banned here, politics.

bobman1235

nooshinjohn wrote: »

The rise in prices directly ties into the stop order this past summer in the Gulf of Mexico, and the fact that only two permits have been issued to producers there to continue operations. The rigs that were producing in the Gulf have since been relocated to other operations around the globe.

A few Oil company CEO's have gone on record stating that there is enough oil in the ground, in the U.S, hundreds of BILLIONS of barrels worth, that if we were to exploit our own reserves, we could go back to 2buck a gallon gas for the next thirty to fifty years... Time to start asking why they aren't allowed to do so.

Yes, it's all that simple. :rolleyes:

It's a very complicated issue, Maude. Lots of ins, lots of outs.

Face

It's been $3.50-3.99 here for premium over a month now.

nooshinjohn

bobman1235 wrote: »

Yes, it's all that simple. :rolleyes:

It's a very complicated issue, Maude. Lots of ins, lots of outs.

I just gave the "In a nutshell" overview. Of course, it is much more complicated than that, but to go further would take things in a political direction that i would like to avoid for once.

bobman1235

Unfortunately it's almost ALL political so there's not much you can do. It has little to do with how much oil there is, and far more to do with the people in charge of it.

mhardy6647

Best thing to do is drive the most economical vehicle possible (and, yes, I realize that some folks have to drive big-butt trucks to make a living - but many don't), use carpooling (there is a state-subsidized program here in MA that provides full-sized vans with captains chairs for vanpooling for almost any company willing to ask - it is very popular where I work) or public transportation.

The days of the US's suburban sprawl model, for better or worse, are numbered, I think.

amulford

The gas prices are a very complicated issue. They tie in with oil prices, worldwide market demand, and a finite (so far) production capability in the US. There are a host of other factors involved, too, such as growing industry regulation, spiraling health care costs, etc.

There are growing economies in other parts of the world who will pay more, so thew prices rise here. We still have some of the lowest prices in the world.

Let's not forget the government hands in your pocket, too. Between the Federal and states, you probably have a $1 or more in taxes on EVERY gallon sold.

Regardless, the prices are manipulated. Oil and refining companies are going to profit, regardless. Even if we did start drilling in the US, you're never going to see gas back down to $2. My advice is to start looking for more efficient vehicles.

bobman1235

mhardy6647 wrote: »

The days of the US's suburban sprawl model, for better or worse, are numbered, I think.

I hear this all the time, and would LOVE to hear how people think it's going to change. Citiies are already overcrowded, where exactly are 330 million people going to go?

treitz3

WilliamM2 wrote: »

$490 a month for gas? Curious how far and what do you drive to use that much?

I have the same 2500HD Chevy Silverado I've had for years. Just going from home to work and back with no other destination is between 60-67 miles round trip daily. I have no idea what the truck gets for mileage but I would venture to say that it gets around 16mpg average. This does not factor in warm up time in the winter, traffic or any other errands that I have throughout the week/weekend.

The wife has a Sentra which is much better on the mileage and she'll go through about $95.00 or so a month using regular. It all adds up.

nooshinjohn

amulford wrote: »

Let's not forget the government hands in your pocket, too. Between the Federal and states, you probably have a $1 or more in taxes on EVERY gallon sold.

Regardless, the prices are manipulated. Oil and refining companies are going to profit, regardless. Even if we did start drilling in the US, you're never going to see gas back down to $2. My advice is to start looking for more efficient vehicles.

The better idea is to paint a "bull's eye" (yes I said it) on Washington, and vote everybody out that continues to do whatever buys them votes rather than what is best for the country as a whole. Fuel prices are a way to manipulate the "herd" into doing the will of the self-important few that think they are doing God's work to protect the planet. They see us as the stupid seething masses that know not what we do, and therefore need to be protected from ourselves.

mhardy6647

bobman1235 wrote: »

I hear this all the time, and would LOVE to hear how people think it's going to change. Citiies are already overcrowded, where exactly are 330 million people going to go?

I certainly don't know, and I am not looking forward to it (being a deep-suburban/rural kind of guy)... but I suspect it'll be a lot like what happened in 1974. "Middle Americans" went from driving Chevy Caprices to VW Rabbits almost overnight when gasoline became scarce. It was a very weird time.

treitz3

Even I remember that. Long, LONG gas lines. Traffic nightmares due to the long lines and license plates determining whether or not you could get gas on any given day. I was a very young lad at that time but it's hard to forget.

nooshinjohn

mhardy6647 wrote: »

I certainly don't know, and I am not looking forward to it (being a deep-suburban/rural kind of guy)... but I suspect it'll be a lot like what happened in 1974. "Middle Americans" went from driving Chevy Caprices to VW Rabbits almost overnight when gasoline became scarce. It was a very weird time.

And in that time we have not opened a single new oilfield, in fact we have done the opposite... why? Not a single new refinery...why? Not a single new Nuclear power plant, and very little in regards to other power developement despite a vastly increased need...why?

Time to change the game and field a new team.

mhardy6647

treitz3 wrote: »

Even I remember that. Long, LONG gas lines. Traffic nightmares due to the long lines and license plates determining whether or not you could get gas on any given day. I was a very young lad at that time but it's hard to forget.

Yup. My mother was an RN and was able to get gas any time... but it was still tedious. My father kept a "fuel dump" in the back yard just in case! :-O

We had gas lines in 1978 as well (and I had a Bronco that got, on a good day, 13 mpg).

My current commuter vehicle is returning a real 41 mpg (actually at 39.0 right now, in the single-digit weather we're having in MA). To me, the choice I make of a 27-mile one-way commute easily justifies or rationalizes the choice of an inexpensive, economical vehicle to do it in. No doubt memories of the 1970s colors my judgment, just as memories of the Depression colored my parents' generation's attitude towards spending and saving.

Polkersince85

Wait until the E85 fuel is all you can find. This will really put the hurt on the older (<2003) vehicles. The feds are pushing hard for this along with the corn growers.

tonyb

Polkersince85 wrote: »

Wait until the E85 fuel is all you can find. This will really put the hurt on the older (<2003) vehicles. The feds are pushing hard for this along with the corn growers.

What do you think that will do to food prices ? You already see it on store shelves. No matter how you slice up the pie between oil,food,healthcare,or for what ideology, it all means more money out of your pocket. Seems to me we should be going in the opposite direction when it comes to my wallet and how much of the fruits of my labor I can keep.

wayne3burk

I don't think there are any easy answers to the cause of rise of a the price of a barrel of crude oil. Or any easy answers on how to improve our current economic "situation".

... find a bottle with a cork in it. Rub it... cork pops off.... genie wafts out... make three wishes.

problem solved.

i'm just sayin.

-- wayne --

tonyb

wayne3burk wrote: »

I don't think there are any easy answers to the cause of rise of a the price of a barrel of crude oil. Or any easy answers on how to improve our current economic "situation".

... find a bottle with a cork in it. Rub it... cork pops off.... genie wafts out... make three wishes.

problem solved.

i'm just sayin.

-- wayne --

Last time I did that I got 2 kids....no more genie 's in a bottle for me.:biggrin:

nooshinjohn

wayne3burk wrote: »

I don't think there are any easy answers to the cause of rise of a the price of a barrel of crude oil. Or any easy answers on how to improve our current economic "situation".

... find a bottle with a cork in it. Rub it... cork pops off.... genie wafts out... make three wishes.

problem solved.

i'm just sayin.

-- wayne --

There are solutions however, and We The People need to speak up and continue to make our voices heard. Those that make these insane policy descisions that are crippling our way of life need to straighten up and fly right or be voted out... a few of them need to be tried for treason.
:mad::mad::mad:
I'm out... I just get too worked up in these threads.:redface:

wayne3burk

nooshinjohn wrote: »

There are solutions however, and We The People need to speak up and continue to make our voices heard. Those that make these insane policy descisions that are crippling our way of life need to straighten up and fly right or be voted out... a few of them need to be tried for treason.
:mad::mad::mad:
I'm out... I just get too worked up in these threads.:redface:

I hear ya...

The Price of a barrel of oil tripled between 2001 and 2007 from $50 a barrel to $150 a barrel. The price of a gallon of gasoline also tripled in that period. from right around $1.25 to around 3.75 a gallon.

Coincidentally we were waging two wars while we were lowering taxes. Hmmm, lets see, less dollars in and more dollars out.

The price of housing during that same period probably went up by 75 percent nationwide on average (more in larger markets / less in rural markets).

So the mortgage writers were selling their sub prime mortgages up the chain - until eventually these financial instruments were sold on the international securities markets and purchased by our friends abroad.

When it became apparent that the financial institutions worldwide were going to come tumbling down, the dollar declined, there was broad speculation in commodities markets, the price of a barrel of oil tripled, so did gas, and there was widespread fear of an impending inflationary crisis.

In the meantime we had run up our debt financing 2 wars by printing US government treasury bonds (also sold probably on the international market).

So in 2007 the stock market crashed, wiping out the speculative investments / retirement plans of many Americans and state and local governments.

We bailed out the world banking community.

Millions of Americans lost their life savings and jobs.

Unemployment is at record highs.
Domestic production of "goods" is at an all time low.
Imbalance of trade is at record highs.
National debt is at record proportions.
Wall Street bonuses are at record highs.

and the price of a barrel of oil is again gone up nearly 40% in the last year.
and the price of a gallon of gas has risen 30 or 40 percent.
Fox News warns of impending inflation and food shortages.
We're still occupying two nations overseas (and not paying for it with national effort or coffers).

And yet i hear our economy is the largest in the world.

nothing here to worry about

i'm just sayin.
-- wayne --

treitz3

Guys, fellas........this thread is to find out if anybody knows whether or not gas prices are going to go up to $3.75 a gallon for regular by March. Let's try to stay on track and off why it came to this or the politics of it. Is that cool?

Would it help if I say please?

nooshinjohn

Three and change here... Highest was 3.18 a week ago.

nooshinjohn

treitz3 wrote: »

Guys, fellas........this thread is to find out if anybody knows whether or not gas prices are going to go up to $3.75 a gallon for regular by March. Let's try to stay on track and off why it came to this or the politics of it. Is that cool?

Would it help if I say please?

No trouble Tom. The point is if they want 4 bucks a gallon, it will be. If they don't, then it will do something else. Only those with the power know for sure. It is hard not to discuss whether or not prices will go up without looking at the cause.

shadowofnight

Just filled up yesterday @ 3.65 x 24 Gal...87.60...fill up around once a week with one extra fill up a month driving up to Sac Valley ...so right now around 438 bucks a month to feed my truck.

Damn glad the truck is paid off ...

AudioGenics

" they "... are possibly allowing a higher percentage of ethanol/ alcohol mix with gasoline 15 percent for 2007 -- cars and trucks.

Some economists think this will raise both Gasoline and Food prices.

Oil prices are rising and summer gasoline prices typically will go up

It was unusual that the winter gasoline prices were also much higher than expected