~> Higher Gas Prices <~>`Rant; 2/15/12
#1
~> Higher Gas Prices <~>`Rant; 2/15/12
Hi Member's,
I've been working all morning (well, most of it) on revising our companies increases because of the rising cost of fuel presently & in our projected future...
When the price of fuel/gas goes `up , everything goes `up in price & it never seems to go back down 4-Sure
The value of a dollar sure isn't worth what it was a decade ago....It's like they are telling everyone not to save your money, because with inflation it won't be worth anything when you take it out of saving to buy something...BUY NOW if you have the $'s If you go broke, let your govenment take care of you
I may just have my boss lay me `off so I can collect 99 weeks of unemployment & take a 99 week vacation to the islands..
(2 dare 2 Dream) + I could also collect food stamps & housing support + more Bennie's to drive `up our USA debt...
When & `if I do have the $'s = money to get a performance ride, I won't be able to afford to drive it...WTF (Where's The Fun) Not here 4 me 4-Sure
How are the higher cost effecting you ?
Sound `Off & let `us know...It may not do any good, but maybe you will feel better knowing that you are not alone in the struggle to survive in this crazy world we are living.....Post your thoughts/comments..."Get if off you chest, or get your money outa your wallet (if there's any left)
That's all, I feel better now ~>
<MAP id=imap name=imap><AREA title="Smart Spending" href="http://money.msn.com/saving-money-tips/" shape=rect alt="Smart Spending" coords=15,1,630,61></MAP>
$4 + a gallon gas coming soon to a pump near you
More experts are predicting a national average gas price of $4 or more by late spring or early summer.
By Karen Datko 16 hours ago
Another day, another gas price prediction, it often seems. But the latest projection of $4-a-gallon gas by summer or even sooner is gaining traction.
A national average of $4 a gallon means much higher prices -- at least 50 cents more -- in places like Los Angeles and New York.
Also be aware that if war breaks out in the Middle East, the price of gas could reach or exceed $6, says Gregg Laskoski at the GasBuddy.com blog. <!--EndofExcerptMarker-->
There's no questioning the fact that any attack in the Middle East would certainly send crude oil soaring. . . . So if you're seeing $3.50 a gallon in your local market and Israel attacked today, add $2.50 to that and now we're looking at $6 +gasoline.
Lest you've forgotten, the record high U.S. national average was $4.11 in July of 2008 -- when we all started adopting the practices of hypermilers -- not for fun, but out of necessity.
Here's what some experts are saying:
Renewed tensions in the Middle East are bolstering crude prices, while speculators are boosting futures contracts, betting on global supply disruptions and tighter refining capacity. (Tom) Kloza (of the Oil Price Information Service) notes that several U.S. and overseas refiners have experienced temporary or permanent closures.
ABC News says:
Also boosting prices is the higher seasonal demand that comes with summer vacations, plus a federally mandated switch from winter gas formulations to costlier ones for summer. The summer ones, designed to reduce emissions, require further refining steps.
Any price increase will come on top of notably high prices for this time of year. AAA's Fuel Gauge Report says the national average is $3.513 for regular, up substantially from $3.388 a month ago. Last year at this time, it was $3.126. January's gas prices were the highest for that month ever recorded.
There is one bright spot in these predictions of $4 gas. "I don't think it is going to stay there for long, but it looks pretty certain to get there," Kloza told the News-Press of Southwest Florida.
In other words, we'll respond by driving less -- something we've gotten used to. Demand is down to levels last found 12 years ago.
And maybe it won't be so bad. Despite widespread predictions of $4 or more for gas last year, the national average peaked at $3.98 in May and quickly dropped.
More on MSN Money:
I've been working all morning (well, most of it) on revising our companies increases because of the rising cost of fuel presently & in our projected future...
When the price of fuel/gas goes `up , everything goes `up in price & it never seems to go back down 4-Sure
The value of a dollar sure isn't worth what it was a decade ago....It's like they are telling everyone not to save your money, because with inflation it won't be worth anything when you take it out of saving to buy something...BUY NOW if you have the $'s If you go broke, let your govenment take care of you
I may just have my boss lay me `off so I can collect 99 weeks of unemployment & take a 99 week vacation to the islands..
(2 dare 2 Dream) + I could also collect food stamps & housing support + more Bennie's to drive `up our USA debt...
When & `if I do have the $'s = money to get a performance ride, I won't be able to afford to drive it...WTF (Where's The Fun) Not here 4 me 4-Sure
How are the higher cost effecting you ?
Sound `Off & let `us know...It may not do any good, but maybe you will feel better knowing that you are not alone in the struggle to survive in this crazy world we are living.....Post your thoughts/comments..."Get if off you chest, or get your money outa your wallet (if there's any left)
That's all, I feel better now ~>
Now, I'm going to have to go search for my "How 2 be Happy Thread" I posted ~>
<MAP id=imap name=imap><AREA title="Smart Spending" href="http://money.msn.com/saving-money-tips/" shape=rect alt="Smart Spending" coords=15,1,630,61></MAP>
$4 + a gallon gas coming soon to a pump near you
More experts are predicting a national average gas price of $4 or more by late spring or early summer.
By Karen Datko 16 hours ago
Another day, another gas price prediction, it often seems. But the latest projection of $4-a-gallon gas by summer or even sooner is gaining traction.
A national average of $4 a gallon means much higher prices -- at least 50 cents more -- in places like Los Angeles and New York.
Also be aware that if war breaks out in the Middle East, the price of gas could reach or exceed $6, says Gregg Laskoski at the GasBuddy.com blog. <!--EndofExcerptMarker-->
There's no questioning the fact that any attack in the Middle East would certainly send crude oil soaring. . . . So if you're seeing $3.50 a gallon in your local market and Israel attacked today, add $2.50 to that and now we're looking at $6 +gasoline.
Lest you've forgotten, the record high U.S. national average was $4.11 in July of 2008 -- when we all started adopting the practices of hypermilers -- not for fun, but out of necessity.
Here's what some experts are saying:
- <LI sizcache="46" sizset="85">Gulf Oil CEO Joe Petrowski told CNBC that Middle East tensions plus closing refineries -- particularly on the East Coast -- could propel gas prices to the $4 mark. <LI sizcache="46" sizset="87">Patrick DeHaan, an energy analyst for GasBuddy.com, expects $4 gas by Memorial Day, according to USA Today.
- "We'll get over $4 a gallon, but it's going to be tough to sustain that level," Brian Milne of Televent DTN told USA Today. "People will drive less."
Renewed tensions in the Middle East are bolstering crude prices, while speculators are boosting futures contracts, betting on global supply disruptions and tighter refining capacity. (Tom) Kloza (of the Oil Price Information Service) notes that several U.S. and overseas refiners have experienced temporary or permanent closures.
ABC News says:
Also boosting prices is the higher seasonal demand that comes with summer vacations, plus a federally mandated switch from winter gas formulations to costlier ones for summer. The summer ones, designed to reduce emissions, require further refining steps.
Any price increase will come on top of notably high prices for this time of year. AAA's Fuel Gauge Report says the national average is $3.513 for regular, up substantially from $3.388 a month ago. Last year at this time, it was $3.126. January's gas prices were the highest for that month ever recorded.
There is one bright spot in these predictions of $4 gas. "I don't think it is going to stay there for long, but it looks pretty certain to get there," Kloza told the News-Press of Southwest Florida.
In other words, we'll respond by driving less -- something we've gotten used to. Demand is down to levels last found 12 years ago.
And maybe it won't be so bad. Despite widespread predictions of $4 or more for gas last year, the national average peaked at $3.98 in May and quickly dropped.
More on MSN Money:
- <LI sizcache="46" sizset="93">7 ways to save on gasoline <LI sizcache="46" sizset="94">Spiking gas prices could ding consumer recovery <LI sizcache="46" sizset="95">Wall Street's games about to hit gas prices <LI sizcache="46" sizset="96">Why you should love $5 gas <LI sizcache="46" sizset="97">How do your finances stack up?
- Iran's crude threats
Last edited by Space; 02-15-2012 at 03:44 PM.
#2
It is pretty ridiculous. Especially when you consider that much (most?) of the recent price increases have nothing to do with supply/demand but are just speculators worried about tensions in the Persian Gulf region (US/Israel/Iran issues).
I ride my motorcycle as often as practical / safe (weather has been a big factor lately) in order to keep our gas costs down. I average in the low 40's MPG with my current bike. Better than 13.5 MPG in my old car or low/mid 20's in our Monte. The only saving grace with my old car is that it's payed for and cheap to insure. So overall operating costs aren't too bad.
Driving to FL this year for our son's Spring Break will certainly cost more than originally planned...
I ride my motorcycle as often as practical / safe (weather has been a big factor lately) in order to keep our gas costs down. I average in the low 40's MPG with my current bike. Better than 13.5 MPG in my old car or low/mid 20's in our Monte. The only saving grace with my old car is that it's payed for and cheap to insure. So overall operating costs aren't too bad.
Driving to FL this year for our son's Spring Break will certainly cost more than originally planned...
#3
Thanks `Dave for your posts & comments..
I do think the sales of motorcycles will go up again because of the higher cost of fuel....& also bicycles Have 2 start peddling your butt around , or maybe ride a skateboard 2.
Below is my future performance ride What ?
zero to 60 MPH, in (?) some time ? or while you eat your lunch
I tried to buy one , but they said I did not have a high enough "iQ"....I'm studying more now & hope I can raise my iQ and reapply ~>
I'm already working on my mod's 4 it ~~>LOL
and chop'in `off the top & putting my lawn mower supercharger on it + so much more ~> LOL
I do think the sales of motorcycles will go up again because of the higher cost of fuel....& also bicycles Have 2 start peddling your butt around , or maybe ride a skateboard 2.
Below is my future performance ride What ?
zero to 60 MPH, in (?) some time ? or while you eat your lunch
I tried to buy one , but they said I did not have a high enough "iQ"....I'm studying more now & hope I can raise my iQ and reapply ~>
I'm already working on my mod's 4 it ~~>LOL
and chop'in `off the top & putting my lawn mower supercharger on it + so much more ~> LOL
Last edited by Space; 02-15-2012 at 09:40 AM.
#4
(OK, maybe not the last one...)
#5
Really annoying that gas is going up its in the $3.70's here. Espceially that i go to school 60 miles away, so 120 miles around trip gets expensive at that price. Rediculous honestly....
#8
I am soooooo over this! For my own perspective this all falls on the failed policies in Washington. I will expand on this later. In this post I will talk about how this has affected me in the last sixty days. In December I bought a package of diapers. Keep in mind I have three still in diapers and they go thru a box of diapers every three weeks or so. December price of a box of diapers at Walmart was 25.97, price now 27.97. In my 95 Town & Country I use Walmarts cheap oil and i change the oil every 3000 miles and it is 10.97 a jug. I have to do an oil change on it this coming weekend so I'm not sure how much it went up to. On the 06 Town & Country I use Mobil One and do the oil change every 6000 miles. That oil in December was 25.97 and now it is 29.97. I have to do an oil change on my vans less than every 60 days. We do a lot of driving because we live 35 miles away from work and we travel to work five days a week times two. That doesn't include trips to school for Susan and trips across town to take Connor to school and pick him up. Shared custody sucks. Fortunately we have a charity sponsored scratch and dent store locally where we do some of out food shopping. It is a win-win because we help support the charity and we also get food at a discount. This economy is causing me to curb my extra spending because there isn't as much extra any more.
#9
This brings back my other topic, on how to maximize fuel economy on your current car. Bring back the good ol days where gas was $1.50 a gallon and $20 could fill your car, these days $20 doesn't give you s*** Thank god i go to school in jersey, well its bitter sweet. I can get gas for much cheaper. My last fill up in jersey was at $3.41 a gallon. Its like $3.70 here in new york
#10
Presently the average here in Utah is $3.05, going to blow when it hits the $4.00 mark. damn speculators drive the cost up more than the demand does.....