Gas prices WILL go lower...

[KJinni]

Originally Posted by mikeSS

that is true. but some of the problem why the price is getting high because of fear that something might happen. nothing has happen yet to affect the oil producers. so if you think about it. the same amount of gas and the way it gets here is the same as it was back when gas was under 3.00 a gallon.

Speculation is all this is.

[mhood]

Since our demand is actually decreasing and our supply has remained consistent despite the unrest in the Middle East, it seems pretty obvious to me that the culprits would have to be either speculation, price gouging or both.

[motorhead]

This is the wall street thieves trying to wreck the economy again like they did in 08.

[swerni]

ha ha.
You lot have no idea how lucky you are.
I'm paying the equivalent of $8.5 for a gallon (and that's US no UK Gallon).

I guess If I didn't want to save fuel instead of taking the Camaro out I could use the supercharged Stang or even the V6 Pathfinder.

mmm that's not really going to help me very much

[Bonanza7]

It's not that bad. In 67, gas was 35 cents a gallon. General wage growth is over 10 times higher than then. 10X 35 cents equals $3.50 per gal. Right about were it was in 67, as a percentage of income. That said, I just bought a new motorcycle for commuting around town, and it gets 82 mpg.

[nards444]

Gas gets to over 4 bucks its going to ruin a lot

[csdmax]

Originally Posted by 67 Convertible

Why would your employer be responsible to subsidize a spike in higher prices for their employees?
Yes, it would be nice, but your employer is experiencing the higher prices and struggling just like you are. This means higher overhead and less profits.
Never heard of an employer having a sliding scale with salaries to compensate for spikes in higher consumable goods.
That would put them out of business and result in more unemployment.

I understand your point and agree in general that it is not the employers place to take up the slack. Although my employer will never feel the pinch of higher gas prices cause it just gets passed on to the customers. It is just one of those things that I cannot change that I like to complain about .

[heRS]

The part that really torques me is at the end of the fiscal quarter, mobil and exxon will post "RECORD PROFITS". Really?? We get repeatedly pump-raped and they make record profits. Thank you.

[NicksVSix]

Originally Posted by =Stephens=

If anyone remembers the Gulf war in 1991, gas went down to .79 cents a gallon.

Yeah, here in Canada gas was .45 cents a litre...right now it's $1.30/litre

[swagled]

I was just checking GasBuddy tonight... over $4.50 a gallon in Chicago, Beverly Hills and Malibu.

Seems like most years it usually tops out just prior to Memorial Day.

[Camaro8810]

Originally Posted by blueallie

It cost me 101.48 for 32 gallons in my truck. Thats each week.

[Cam2011]

Don't buy into all the bullshit, the middle east and the OPEC nations have little or nothing to do with modern day gas prices, and articles like the one linked on the first page claiming unrest in the middle east will determine the rise or fall of the price of gas, that theory is wrong. Though supply and demand does play a part, but not as big a part as one would imagine, the absolute real reason that gas prices have gone through the roof is WALL STREET, and the fact that W in his first act as president deregulated the petroleum futures basically making them fair game much like coffee and other commodities, since then Wall Street and its investors have been steadily buying petroleum futures driving up the cost per barrel. Regulate Wall St and you regulate gas, but sadly even the current administration is not willing to do so as Wall St is too powerful. Look back at the historic prices of gas and see just how long it took to reach even $2, then fast forward to 2001, and see what sort of rise it has done from then to now. Wall Street.

Sorry to bring politics to Cam5.

[1Camaro2SS]

I actually drove by a gas station this weekend and noticed the price was $4.08 for mobil. I slapped myself after telling the wife what a great deal that was! LMAO

[1Camaro2SS]

I love my Hybrid daily driver these days. Slow as shit but I drive 470 miles on 10 gallons. The best part is not having to stop to fuel up and freeze my ass off so often and not having to worry about the car at work sitting parked.