Gas prices: Let's see how fast & high they rise now.... | FerrariChat

Gas prices: Let's see how fast & high they rise now....

Discussion in 'New York Tri-State' started by ClydeM, Aug 7, 2006.

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  1. ClydeM

    ClydeM F1 World Champ
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    Nov 4, 2003
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    Clyde E. McMurdy
  2. BT

    BT F1 World Champ
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    Mar 21, 2005
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    Bill Tracy
    I say the national average will top $3.30 per gallon by the end of the month.
    BT
     
  3. jhsalah

    jhsalah Formula 3
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    Jawad
    The article suggests the US will dip into the reserve if BP requests it... That may temper the price hike a bit... Then again, it may not, due to the sheer market reaction from the fact that the BP fields are off-line for an undeterminate amount of time.
     
  4. BlackRX7Turbo

    BlackRX7Turbo Karting

    Sep 18, 2004
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    Aaron
    I think we're at the point where big oil is seeing huge $$ for anything that happens in the world in order to raise prices... prices went up because it was SUSPECTED that hurricanes would hit... they didn't, and prices came back down, but not as far as they had gone up!

    I'm surprised prices haven't gone up because Mel Gibson made anti-semitic remarks...
     
  5. Parikh1234

    Parikh1234 F1 Rookie
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    I am really not too concerned. I knew what I was going to be paying when I got my V8 monster:) Plus, i feel better every time I go to europe and see their gas prices. I would be happy with anything under $5/gal.
     
  6. revsto9k

    revsto9k Formula Junior

    Aug 3, 2006
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    Anuj
    I agree somewhat. I believe we are just spoiled with low gas prices so when we have to pay the higher prices, we all get worried. Either way, I get 25mpg mixed driving so I have no worries..for now ;)
     
  7. msdesignltd

    msdesignltd Two Time F1 World Champ

    Nov 17, 2003
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    Michael
    Anyone catch the Hummer commercials...0% financing
    and employee discounts and they pay the gas guzzler tax for you and 100 gallons free gas and....and... and....
     
  8. revsto9k

    revsto9k Formula Junior

    Aug 3, 2006
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    Anuj
    lol they can't even give them away!
     
  9. BlackRX7Turbo

    BlackRX7Turbo Karting

    Sep 18, 2004
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    Aaron

    that's a very "optimistic" way to look at this...

    the issue I have is with percentage in price increase... in Europe, perhaps they're used to pay that price... but how would they feel if the price was increased by 40% "on a whim"? Besides, I'm sure the people in Hong Kong must feel that Europeans are a bunch of whiners as from what I saw in an article some time back, they pay more than double what's paid in Europe....


    The actual gas price isn't what annoys me, it's the inordinate percentage of increase....

    My daily gets good gas mileage, but it still doesn't change the fact that my gas budget is going to increase significantly each time they decide that some factor is a good excuse to increase gas prices....

    (I really noticed the increase when I saw that the cost per unit for propane to heat my house doubled with this last bill I got)... and the fact that the cafeteria by my work increased their prices by 10-15%, blaming the increased cost of gasoline.
     
  10. BlackRX7Turbo

    BlackRX7Turbo Karting

    Sep 18, 2004
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    Aaron
    That was actually mentioned in various news articles... that while it would seem counterintuitive to do so, NOW is the best time to buy a huge SUV because of the gas price issues... you'd really get a great deal on one!
     
  11. ClydeM

    ClydeM F1 World Champ
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    That's because they don't have a hot tub in the back filled with bikini-clad women like at Rob's poker run.
     
  12. jhsalah

    jhsalah Formula 3
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    Jawad
    HA... Yeah, I'd let them "give" me one of those.
     
  13. Ciao Bello 348

    Ciao Bello 348 Formula 3

    Oct 3, 2005
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    Dont suppose you gentleman know how the "Free gas" hook works to sell cars?!

    I know NJ has a law where stations can not raise prices of gasoline more then XX cents per day. Its a nominal number like 5 cents or something--times 10 days is $0.50.

    Its out of control. And we the people allow it to happen. Just sit back and complain and take it in the shorts.

    Can it be any more obvious, the corruption. For years now. Pockets are getting way too fat.
     
  14. Parikh1234

    Parikh1234 F1 Rookie
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    Apr 9, 2006
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    Shivam Parikh
    anyone interested in a group buy for gas? I am willing to store the stuff in my backyard. We will just buy 500,000 gallons of it at bulk rate:)

    But John is right, it is moving up too quickly, but what can you really do? Although I said I would be content with upto 5/gal, i really want it to be alot less. Who knows, maybe they will start drilling Alaska.
     
  15. Parikh1234

    Parikh1234 F1 Rookie
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    Apr 9, 2006
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    Dont you just get $2000 or something like that? Its not really a years worth of gas, but rather just a rebate?
     
  16. BlackRX7Turbo

    BlackRX7Turbo Karting

    Sep 18, 2004
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    I think it's higher -- I've seen gas stations change their price by at least 10 cents/gal overnight.

    I agree....

    I think a lot of how people "allow it to happen" is because the argument of "but it's a lot less than in Europe" is used, which has nothing to do with price increase, vs. the actual price per gallon.

    Another argument used is by the environmental "extreme" that say that the higher prices will help slow down people from burning gas... I think all we've seen so far is that we use just as much gas now but accept paying more...
     
  17. jhsalah

    jhsalah Formula 3
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    Let me preface this by saying I DO NOT intend (and will avoid any attempts to bait me into) getting into a discussion of politics here (because my experiences in that section of Fchat have been horrifying), but I offer this thought -- which I'm sure is lurking in the back of many of your minds.

    Gas troubles = the result of almost a century of sh*tty American foreign policy in the Middle East. No *stable* long term solution will come about if we (and yes, I am an American citizen) don't insist on holding our govt accountable for that.

    Enough said...
     
  18. Ciao Bello 348

    Ciao Bello 348 Formula 3

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    Come on.. Foreign policy?

    Its real simple. Bush family + Saudi families = BEST FRIENDS FOREVER


    Thats policy. That sucks. We do nothing. End of story.


    The "Free Gas For a Year" or "100 gallons of Free Gas" gimick in the car biz is just that; a rebate. They take the "Annual cost of fuel average" off the window sticker and multiply it by "The current average Gas Price for regular Gasoline" and there is your rebate. A solid number taken off the selling price of the car.

    "100 gallons of gas FREE" is $300.00 off at $3.00/gallon.
     
  19. ClydeM

    ClydeM F1 World Champ
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    If I recall an article from the Star Ledger, NJ has no such law. Nor any price gouging law. NY does!

    But there is a law about the gas stations on the parkway & Turnpike. I believe they can only raise their prices once a week or once every two weeks. So for a cheap fill, hit 'em up at the onset of a price hike.
     
  20. DodgeViper01

    DodgeViper01 F1 Veteran

    Oct 1, 2003
    6,867
    haha! I remember a friend of mine telling me that his brother's H1 cost about $125 to fill up and it only would last him three days. No wonder why they do not make those anymore. I could imagine any SUV now.
     
  21. DodgeViper01

    DodgeViper01 F1 Veteran

    Oct 1, 2003
    6,867
    Gas price are BS but I guess I really can not complain since other parts of the world are MUCH higher. France & The UK are approx $7.00 a gallon and Switzerland might be higher.
     
  22. BlackRX7Turbo

    BlackRX7Turbo Karting

    Sep 18, 2004
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    Aaron
    luckily, my Durango on the highway gets about 20mpg... 15 city, though...

    I was upset at one point at filling it up (it's a 25 gallon tank and was nearly empty) and having to pay $70 on regular!
     
  23. Ciao Bello 348

    Ciao Bello 348 Formula 3

    Oct 3, 2005
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    Its not the fact that you complain whether or not you can AFFORD the fuel, its the principle that gasoline has more then doubled in price in a short time period. At the same time, the largest oil company (that has ties to the White House) posts WORLD RECORD EARNINGS.

    It doesnt get anymore obvious than that.


    Still---The public does NOTHING! Because if we band together and do something, it will probably end up costing us more money in legal fees and government fines.

    The Man Wins! And He knows it.
     
  24. jhsalah

    jhsalah Formula 3
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    Hey John, we should have a nice chat about this over coffee or a meal sometime. We don't have to band together to sue the oil companies. What "we the people" need to do is get MUCH MUCH BETTER INFORMED about the effect of US foreign policy (certainly including, but not limited to, the problematic alliance with the Saudis) on the Middle East. Using that part of the world as our own personal filling station for 60 years, supporting corrupt regimes (like the Saudis) that oppress their people and create huge amounts of resentment -- because they give us *relatively cheap* oil, being extraordinarily and stupidly biased toward one side in the Israeli-Arab conflict, and lest we forget Iraq, waging elective and unecessary wars, ALL of these things contribute to the status quo and trickle down to oil prices being where they are, among a host of other problems facing us today.

    A fellow Fchatter responded to my last post by saying something to the effect of "yeah, but we gotta take care of our own problems first." Don't kid yourself, these ARE our problems. What goes on outside the US affects the US tremendously. Getting informed and holding our leaders (at every level) accountable for the bullsh*t they've been feeding us is essential to really solving "our own problems". Otherwise, we're just practicing band-aid problem solving.

    The American people are by and large good people, they are just also by and large incredibly ill-informed about the world outside their own borders. That's a tragedy, really, because things don't have to be this way.

    OK. NOW I'M REALLY DONE.
     
  25. DodgeViper01

    DodgeViper01 F1 Veteran

    Oct 1, 2003
    6,867
    I know. This is true but it is just how our society is. America bands together after a crisis, but only for a short period and then they leave to go on their way again. If people would not purchase gas for a day, that would work but that will never happen because people do not work together in America unless they have to.
     

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