Today's Gas Prices

badaaang

badaaang

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Feb 20, 2011
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I don't know in how it's in US, but here in Canada, it describe how we feel it....
 

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yea...I'm waiting for my Sheriff's Office to go from Crown Vics to smart cars....hahah
 
I think it's only a matter of time before the prices go beyond 6 dollars. I don't think the revolution in the Middle East will disperse any time soon.
 
If people would just walk, bike and use mass transit, it would not be so bad, I take my bike to work every day and probably save $50 a week on gas. I don't even notice the gas prices, plus I also have a hybrid.
 
Supra said:
If people would just walk, bike and use mass transit, it would not be so bad, I take my bike to work every day and probably save $50 a week on gas. I don't even notice the gas prices, plus I also have a hybrid.
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that would be nice if it always stayed above freezing here, and i didnt average 100-120miles per day and i didnt have to carry around 250lbs worth of inventory... however this is why i drive a TDI. 4.09 a gallon right now but i get a solid 40mpg city/highway
 
Frit0z said:
that would be nice if it always stayed above freezing here, and i didnt average 100-120miles per day and i didnt have to carry around 250lbs worth of inventory... however this is why i drive a TDI. 4.09 a gallon right now but i get a solid 40mpg city/highway
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Well looks like you got it covered!
 
Forget getting around for minute - not the issue really

.90 of every $1 used to produce a finished food product (us standards) is directly related to the price of oil - in simple you eat oil
price of food ingredients is starting to skyrocket

people can ride their bike - what will they eat?
 
This is something that I learned in high school
inelastic demand:
Desire for a product or service that does not vary with increases or decreases in price. Products that are daily necessities, and for which there are few alternatives, tend to exhibit inelastic demand. For example, the demand for bar soap, salt, and milk is relatively inelastic. In contrast, demand for vacation travel, premium ice cream, and entertainment tends to be elastic.
​

I always hear mofos on TV & radio saying that the price of gas goes up because of demand.....I call bullshit; demand is always fucking constant because you have to get to work. I drive no different if gas is $.79 or $4.00; the only difference is my wallet is a lot lighter @ $4. Our ecomony is going to fall flat on its ass; all the extra money that could have is now carbon monoxide. Prices for everything goes up; not just food.

​
 
it is around 5$ per gallon here 1.30 the litre When I will get my car back I won't find this funny
6 days left....
 
Supra said:
If people would just walk, bike and use mass transit, it would not be so bad, I take my bike to work every day and probably save $50 a week on gas. I don't even notice the gas prices, plus I also have a hybrid.
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Sadly not everyone has this luxury. I don't think I could bike 50 miles a day, especially stand on my feet for 7 to 10 hours afterward. Nor would buying a hybrid make economical sense over me picking up another junkyard toyota paseo like I used to have that gets 34 mpg highway, or 30 average. Then again those who can afford to would not want to do the things I do :)

Baltimore actually has in my opinion a great public transit system but I say this because I grew up in AA County where there is almost nothing. When I was working for the car dealership I made the decision to stop driving and start taking the bus and I would just play need for speed or something too and from work to kill time. But despite being back in Baltimore i now work in AA County and only two buses go anywhere near where I work. Taking two buses would get me within 9 miles. Another route taking 3 would get me to where I used to live at 3.3 miles BUT it only goes down that far a few times a day.

I used to live 3.3 miles from my current employer and did ride my bike or walk, only because I still didn't have a vehicle again. I would have gotten something sooner or later but my father calls me up one day and is like I have a vehicle for you...... ill be damned if it wasn't a blazer that gets like 16 to 17 mpg average. Oh well I love it anyways I just need me a cooper or something.

So yeah my broke ass not only has no choice but to pay whatever gas is, there isn't much else I can do about it either. Find a new job yeah don't worry im on it lol.
 
Something that hasn't been brought up:

Not everyone does this, but it should be mentioned. Starting a business is an option. You really don't have to travel much, obviously depending on what route you take. The other thing is, you have the potential to expand your salary much quicker then at a corporate office.

In my opinion, everyone should be working with something they love, so it doesn't feel like a job to them.

What is it that you like, or what are you good at?
 
In my opinion, everyone should be working with something they love, so it doesn't feel like a job to them.What is it that you like, or what are you good at?
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That's why I'm a ho! As an added benefit I don't have to travel far to get to work, just the end of the block. Bonus!
 
Let's actually tell it like it is. This gas hike is not because of demand or the Saudi's cutting production on purpose (like last time) - it's because investors in oil and oil futures are scared about what's happening in Libya.

Personally, Ghadaffi's always been an asshole, and now is no different. But it's already been stated that the Saudi's will make up for their 1.6M barrels a day. Meanwhile, back on the homefront, Exxon, Shell and the others continue to enjoy record profits at our expense, and the government is exploring the possibility of tapping the Strategic Petroleum Reserve.

It's time to turn the Middle East (and some select North African countries) into a sheet of glass and take every last fuckin drop of crude they have. No more diplomacy, no more Islamic extremists, No more Bin Laden, no more high gas prices, and no more recession. It's a win-win (if you can look past the genocide aspect of it - I know I'm ok with it).
 
Let's actually tell it like it is. This gas hike is not because of demand or the Saudi's cutting production on purpose (like last time) - it's because investors in oil and oil futures are scared about what's happening in Libya.
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Bullshit. If you're going to tell it like it is then say investors in oil futures see an easy opportunity to make billions by exploiting the market some more. End of story.
 
sixer9682 said:
Bullshit. If you're going to tell it like it is then say investors in oil futures see an easy opportunity to make billions by exploiting the market some more. End of story.
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The long buying of oil by hedges or specs isn't even the issue this time -like it was a couple of years ago - when everyone and their grandmother was long oil.

The turmoil in the Middle east I would only factor at a 10% premium.

This time I'm blaming US monetary policy - the decline of the dollar has been huge, especially when paired off against commodity rich currencies.
 
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