High priced gas = Less cars on the road
 

And this is a bad thing how?

Do you actually notice this or is this just something you assume? Because i sure haven't noticed any decline.

Not in Cali, traffic is still as bad as ever.

i hope it happens :)

talked to a gas station owner today and he is preparing for $11.00 a gallon gas by winter.

high priced gas = less sales :disgust

Less trucks on the road means higher prices for almost everything.

Less boats on the water means higher prices for everything else.

you're right

i hope gas prices go higher

Its amazing that more people dont understand this. But then again people actually voted for GWB.

$11 a gallon gas? come on.. thats ridiculous! Not going to happen (at least not right now - or this year).

The reason the prices are moving, is because there is too much demand - not enough oil. But that will all change soon. The Saudi's are just as concerned with the high prices as you are - as if it gets too high, they know we wont buy any more. At some point the people in this country will wake up and demand that the US drills for its own oil and builds more refineries. It might also help to establish a national formula instead of making different formulas of gas for every state.

Regardless - the prices will begin to drop, as supply increases. The Saudi's know we have more oil burried beneath our soil than they do and at some point Americans will just get fed up and DEMAND we get our own oil out of the ground. They've actually already called a meeting to deal with this very topic.

fact is the US has absolutely no decent scale mass transit outside of NY you need a car EVERYWHERE, chicago has trains, detroit is a mess, LA's mass transit is a joke... San Francisco's is above average.

How do you get from NY to even atlantic city? CAR... sure there's some train options but not all that good

You believe it is supply and demand :1orglaugh:1orglaugh:1orglaugh:1orglaugh

we are using less than last year, or the year before that why is oil at all time high? ITS THE DOLLAR.

An ounce of gold can still buy about the same amount of oil it could 10 or 20 years ago

It was on the news here. Weekend traffic on the roads is down around 7% and weekday traffic by about 3%. DOT numbers too.

oh if you wanted links to gas being down:

in 2007 cali dropped to 2003 levels
http://www.news10.net/display_story.aspx?storyid=38234

northwest down to 66 levels
http://seattlepi.nwsource.com/local/359573_gas18.html

over all down
http://www.npr.org/templates/story/s...oryId=90801398

Gold is at all time highs too, what's your point? They both have clearly outperformed most other options.

This is why gas is so high. The average person has NO fucking clue what is going on.

Though they think they do and their opinion is worth something.

that the price has to do with the dollar and not supply and demand

In a global economy, there actually are other countries contributing.

China, India, Brazil, Middle East...

Yeah walk into walmart with your gold and buy stuff.

Oh by the way 20 years ago gold was about $450 an ounce and oil was $18 a barrel. So an ounce of gold would buy 25 barrels. Today gold is $870 an ounce and oil is over $130 so an ounce of gold can buy you about 7 barrels of oil. Not quite the same in my book.

http://money.cnn.com/pf/features/lis...e.exclude.html

China under $3.00 a gallon
Middle east around 75 cents a gallon
brazil is using more ethonal $2.60 a gallon :helpme
india getting hammered

China, India, and many other countries in the Middle East all have subsidized gas. Hence the low prices. Hence many countries (United States, European countries) are asking those developing nations to cut back on their subsidizing.

Next...

lol, Gas station owners dont know shit.

If gas actually hit $11 a gallon by winter the US would fall into a depression for damn sure.

Fuck, in the states more then half of the cost of fuel is taxes, up to 75% in some states if I recall.

Some countries with cheap fuel have cheap fuel because the government owns and controls the production.


That said, I sure as hell hope less cars on the road soon, and I already know the kind of cars I like to buy are getting cheaper and cheaper for me to buy because of the fuel prices, but what the fuck do I care, even if fuel is up to 12 bucks a gallon I am not going to drive less, I mean I dont drive much as it is, but not because of the price of fuel, just because I have no where to go, lol

don't act retarded. there is no place where gas taxes are $3 gallon. Ther isn't any state where gas taxes are more than 50 cents a gallon.

Hmm so your right, kinda, CA has 63.9 cents per gallon tax.
It was UK stats where it was up to 75% in some places.
Canadian fuel is ~35% tax if I remember the sticker on the pump correctly.

California is 63.9 on gas and 72.0 on diesel

I'm sure the right wingers will soon start blaming the high gas prices on some secret left wing conspiracy, lead by Al Gore trying to stop global warming..

you are right about the 20 years ago gold vs oil my bad :thumbsup

but the avg gas tax is 47 cents for gas 53.6 for diesel

http://www.api.org/policy/tax/stateexcise/index.cfm

That's exactly why it's bad.

Well that's a lot closer to my 50 cents that they other guys $3

true dat

The saudis have said today there is no reason for gas prices to be as high as they are, and say they can guarentee oil supply for the future.

wasn't really trying to prove you wrong. You just stated some facts and with this fancy innerweb thing I decided to see if your numbers could be backed up.

Less cars on the road worse quality of life. Until everything adjusts of course and things are less spread out.

The weak dollar is part of it for sure. Supply and demand is horse shit. How has the price of gas gone up so drastically, when supply and demand problems take years to develop? I could believe supply/demand if gas went up a dollar over a period of a few years, not a few months.

Another big factor is speculators manipulating the market.

Yeah I like it like that!

Does not seem like that here.. Rush hour is still jammed up

The Saudis have also been deceptive and actually outright not telling the truth about their oil supply for well over a decade according to all of the major oil companies whom I would tend to believe. They found the shit for the Saudis in the first place.

As for supply and demand just does not happen so fast. Seems people forget that China exploded recently and parts actually prohibit bicycles now in downtown areas. Plus the Government there has a mandatory price cap per gallon. India has also gone from animal and bicycles to car ownership nearly overnight. Then you also have what is stated above which is the Saudis have been not telling truth about how much is left in their fields which experts know is much much less which fuels speculation. Plus peoples perceptions of supply are driving speculation even deeper. So nothing really happened over night but I regress supply and demand does often happen overnight. What will happen if another hurricane takes out a few oil rigs in the gulf or another port?