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Old 06-13-2008, 09:30 AM   #1
DutchTeenCash
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end 2008 gas is gonna be $20 a gallon in Europe

saw it on the news yday, thats what they expect

Unfuckingbelievable
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Old 06-13-2008, 09:43 AM   #2
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OPEC will not let that happen
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Old 06-13-2008, 09:45 AM   #3
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Old 06-13-2008, 09:50 AM   #4
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Quote:
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OPEC will not let that happen
$200 a barrel

thats what they expect ok it might be a bit less but $18 a gallon is already hell and back. I see more n more Prius cars here and ppl nagging. Im not too sure OPEC isnt gonna allow that.

I know my next car is gonna be one thast better on gas. Any idea what ppl get here for selling their USA cars? Nada. Car sales are down in general but having a USA car now is hell and back.

I never bothered to check milage on cars but now I do. 1 euro 60 last month 1 euro 70 this month per litre, its nuts. If this is gonna proceed the $20 per gallon here will be there.

I really wonder how long the US is gonna be able to keep gasprices that low.
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Old 06-13-2008, 10:34 AM   #5
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$10 a gallon here in Denmark right now.
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Old 06-13-2008, 10:39 AM   #6
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$10 a gallon here in Denmark right now.
fuck...

we have it nice in US only $4.00/gallon
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Old 06-13-2008, 10:40 AM   #7
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Yea.. europe has always had more expensive gas than the US.. that is why I have never really bitched too much at gas prices here in the us
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Old 06-13-2008, 10:42 AM   #8
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$9.50/gal in Poland
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Old 06-13-2008, 10:42 AM   #9
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I heard about people who now complain about shellin' $50 to fill up their "Toyota Pryus" ... yeah .. its that bad ..
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Old 06-14-2008, 07:52 AM   #10
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$10 a gallon here in Denmark right now.
Ouch.. only a matter of time it'll hit that here too
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Old 06-14-2008, 08:12 AM   #11
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they don't sell per galon in Europe, so no idea what you're talking about
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Old 06-14-2008, 08:13 AM   #12
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my parents live out of the city, it costs my dad about 15 a day now to drive to work and back. hes working overtime weekly to make up for it, shits gotta suck.
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Old 06-14-2008, 08:18 AM   #13
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Things are gonna get seriously nasty, if they haven't already.

It's just out of control, and getting worse week by week...
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Old 06-14-2008, 08:19 AM   #14
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1,70 - 1,80 Euro liter now , around $ 9.86 gallon in EU Finland
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Old 06-14-2008, 08:25 AM   #15
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Fucking speculators
Cost of the produce one barrel of oil is max 7 dollars ($10 from the ground in Canada).
One barrel of oil is 42 galons.
42 x $10= $420 = fucking good business
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Old 06-14-2008, 08:28 AM   #16
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Old 06-14-2008, 09:37 AM   #17
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they don't sell per galon in Europe, so no idea what you're talking about
Also most countries in Europe have their taxes built into the gas price, so while they're paying high prices for gas they're also getting free healthcare and other social programs that we have to pay for over here.
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Old 06-14-2008, 10:01 AM   #18
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However ridiculous the prices are and the shift of wealth from west to middle east is - prices seem not to be too high at all. As long as we can profitably import string beans from Kenya and bananas from Guatemala here in Europe, prices are simply unreasonably low. Hypocritical truck drivers have demonstrated in the past week against high diesel prices and the planned increase in fuel taxes - yet they continue driving empty trucks in 50% of the cases.

Even if it may increase my expenses, I hope oil prices will further rise to $300 or however much more it takes to spark some serious regulation and efficiency innovation. You know, I'm a frequent flyer, but I wholeheartedly welcome Continental's decrease in their Cleveland flight capacity, EasyJet's probable closure of their Dortmund base and the bankruptcy of a number of airlines this year. It's insane that I had 3 seats for myself in last Monday's Hong Kong - London flight on Air New Zealand, a flight that had a seat occupancy of less than 30%. The return was E400 including all taxes and surcharges, so there's no way ANZ made a profit on this flight. However, if flight taxes would be charged per plane instead of per passenger, this and other airlines would think more than twice about flying half-empty planes. And they're not even taxed on kerosine purchases yet!

People, organisations and governments need to feel the pain in their pockets to take action.
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Old 06-14-2008, 10:02 AM   #19
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I heard about people who now complain about shellin' $50 to fill up their "Toyota Pryus" ... yeah .. its that bad ..
It costs me upwards of $18 to fill up my bikes.
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Old 06-14-2008, 10:11 AM   #20
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Dateline said it is going t be 8 dollars by Sept. and they are saying 15 bucks by the new year.. Fucking thing is they are probably fucking right!
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Old 06-14-2008, 11:13 AM   #21
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Move to Venezuela (12 cents/gal) or Iran (33 cents/gal)

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Old 06-14-2008, 02:38 PM   #22
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Fucking speculators
Cost of the produce one barrel of oil is max 7 dollars ($10 from the ground in Canada).
One barrel of oil is 42 galons.
42 x $10= $420 = fucking good business

Average margins of big oil companies are less then 10%, so there are a lot of better businesses then being oil company.


Quote:
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http://www.telegraph.co.uk/money/mai.../ccview109.xml

"Crude is now moving almost reflexively as a sort of "anti-dollar", a currency on steroids with eight times leverage. No matter that the global economy is slowing hard. Bad is good for oil in the topsy-turvy world of commodity funds."

This is what you got, when you have FED and Treasury trying by low interest rate policy, to bailout wallstreet banks, without any respect to average Joe, while those yet to bankrupted banks are trying now to get out of their own mess by playing a commodity boom too..
Now everyone and his gradmamma are speculating in oil on futher dollar debasment.


Of course there supply problems too, but the speculation factor is big too as we can see on $16 surge in the price of oil on small dollar devaluation over two last trading days last in recent week.

The Central Eurobank head told it few weeks ago: "to cut interest rates at this point would be the same as taxing the people to bail out the banks. Cost of extra inflation would be the ultimate sign of moral hazard to save banks."

now you guys in the US got a pay for monetary policy of your institutions, in addition to supply problems.
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Old 06-14-2008, 03:28 PM   #23
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OPEC will not let that happen
Opec does not give two shits. They will still turn a profit.
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Old 06-14-2008, 03:53 PM   #24
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Also most countries in Europe have their taxes built into the gas price, so while they're paying high prices for gas they're also getting free healthcare and other social programs that we have to pay for over here.
We actually pay 50-60% income tax aswell.
+ pretty huge tax on owing houses
+ about 300% or something tax on new cars.
+ environmental taxes on electricity, water, getting rid of water etc.
+ 25% wat on all you buy
(on water for instance I pay twice as much in tax and wat, as I pay for the water itself)

Damn, getting pretty expencive just living when you think about it *lol*
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Old 06-14-2008, 05:31 PM   #25
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Also most countries in Europe have their taxes built into the gas price, so while they're paying high prices for gas they're also getting free healthcare and other social programs that we have to pay for over here.
i pay $500 per month for healthcare and about 30-40% income tax. plus 19% VAT on everything

and about $9 per gallon for gas
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Old 06-14-2008, 06:52 PM   #26
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my parents live out of the city, it costs my dad about 15 a day now to drive to work and back. hes working overtime weekly to make up for it, shits gotta suck.
Similar situation here in Melbourne Australia. I live about 25km from the city in a new and upcoming area (5 years ago my house was a paddock), right on the fringes of the official metro area. People buy here because they can get larger AND cheaper blocks to fit their homes on, but the downside is that for most things they'll probably need to travel further. Rising petrol prices are a serious concern because the benefits of cheaper land are being outweighed by the increasing costs of travel to and from work. Add in several interest rate rises that have happened in Australia within the last few years and some people are in serious trouble.
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Old 06-14-2008, 07:01 PM   #27
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Old 06-14-2008, 07:06 PM   #28
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Old 06-14-2008, 08:28 PM   #29
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2005 maybe yeah, but we life in 2008 now. i know how it is in the netherlands and the countries around it.

They even got a new TAX!!! PACKING TAX in the netherlands.

Lucky im already gone a LONG TIME there. Getting more crazyer each year.



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Also most countries in Europe have their taxes built into the gas price, so while they're paying high prices for gas they're also getting free healthcare and other social programs that we have to pay for over here.
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Old 06-14-2008, 08:51 PM   #30
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http://biz.yahoo.com/nytimes/080614/...7541.html?.v=3
saudi's next month are increasing the amount of oil pumped. They are worried about the prices.
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