Gas prices - opinions

[fishweewee]

I'm not sure if the extent of rising gas prices is fully appreciated by most people yet.

I really think $1.50/gallon (never mind $2 or $3 or $4 or God forbid $5) is going to make even well-to-do people seriously think twice about making certain long trips. For most people, higher gas prices means less money that can be spent on other things.

On the flip side, this could be good news for locals turned off by summer traffic congestion and crowds (you guys over the Bridge on the Cape) - but I would add that there will be a palpable negative economic impact as a result of fewer visitors.

This is bad, unstably high energy prices could really push us into a recession.

[Raven]

when i first read that article about $3.00 bucks a gallon for GAS...i said to afford that! i have to cut costs elsewhere....and with food prices escalating just as fast>>>>>>>>>>>>>>
as fuel prices .... since they are inter-related... i decided to grow as much food as POSSIBLE... and stocking up several freezers with (food saver) frozen veggies for summer ,fall, and Winter .

[BigFish]

Won't change how I fish one iota!

[RIJIMMY]

My 4-runner is dying, my next car will be the Toyota Highlander Hybrid, 4wd, 6 cyl and gets @ 30 mpg highway.

[taJon]

I read somewhere that for every $0.01 that gas goes up, americans spend $3.8 million more a day at the pump. Gee I wonder why the oil companies won't produce more than they already are.

just wait till memorial day weekend, at least $3.00 a gallon.

[Ed B]

Fishweewee said "palpable negative economic impact"

Hey Ben you should get a job as a stock analyst. That looks like what I see in those yearly financial reports just before my stock takes nosedive.

Ed

[fishweewee]

Originally Posted by Ed B

Fishweewee said "palpable negative economic impact"
Hey Ben you should get a job as a stock analyst. That looks like what I see in those yearly financial reports just before my stock takes nosedive.
Ed

Um, Ed, that IS what I do for a living.

[Pete_G]

Ironic how the legacy of this president, rightfully or wrong, will be associated with the end of low fuel prices.

The talking heads on CNN and Fox are talking about $100 or more per barrel in a couple years.

Energy policy?

FWW is right on, this is bad, and it needs more attention than it is getting from the gov't.

[RIJIMMY]

Originally Posted by Pete_G

Ironic how the legacy of this president, rightfully or wrong, will be associated with the end of low fuel prices.

The talking heads on CNN and Fox are talking about $100 or more per barrel in a couple years.

Energy policy?

FWW is right on, this is bad, and it needs more attention than it is getting from the gov't.

Its funny, Americans are champions of Capitalism until,....it does not work in their favor. This is supply and demand, nothing more. WHat can the government do? SUV sales are still through the roof, looks like people are okay with paying big $ on gas. My house value has gone up, sucks for new home buyers , great for me. Should the government step in and lower the value of my house? Pete G, plug prices are out of control....will you lower them? Should the Govt. tell you to? Should they make Habs sell his needles for $8, Of course not. Its a free market system. Hopefully the entrepreneurial side of America will rear its head and we'll come up with a low-cost, low emission alternative to oil. If 9/11 wasn't a smack in the face, hopefully this will be. If you dont want to pay high prices for gas, dont buy it, very simple concept.

[Pete_G]

My post had NOTHING to do with price setting, it IS about encouraging the import of oil. It's about a healthy energy policy.

Bottom line is a good relationship with the Middle East and other oil producing areas is important, that's where the oil is (even the most optimistic estimates re: Alaska show that it won't do much to effect supply, offshore drilling is another story). You're completely right, supply and demand is the issue and the way it should be. We (the gov't) encourage the purchase of huge vehicles thru tax breaks, while angering oil producing countries. Supply and demand.

Originally Posted by RIJIMMY

Its funny, Americans are champions of Capitalism until,....it does not work in their favor. This is supply and demand, nothing more. WHat can the government do? SUV sales are still through the roof, looks like people are okay with paying big $ on gas. My house value has gone up, sucks for new home buyers , great for me. Should the government step in and lower the value of my house? Pete G, plug prices are out of control....will you lower them? Should the Govt. tell you to? Should they make Habs sell his needles for $8, Of course not. Its a free market system. Hopefully the entrepreneurial side of America will rear its head and we'll come up with a low-cost, low emission alternative to oil. If 9/11 wasn't a smack in the face, hopefully this will be. If you dont want to pay high prices for gas, dont buy it, very simple concept.

[MartinD18]

The petroleum industry's own research group released a report this week predicting $105 a barrel by the end of the year.
So, still feeling good about that Ford Executioner or Chevy Subdivision you bought????

Best one seen lately (although I happen to agree with the sentiment, just not the way it was delivered): a "Stop the Steel Forset" (anti-wind farm) sticker on the back of a shiny new .............. Range Rover!!!!!

[hooked]

It won't effect how much I fish at all (I don't get to go often enough anyway) but in might have an impact on where I go.

[ThrowingTimber]

Anyone know who makes a rod rack that can be mounted on a vespa?

[outfished]

My Father and Mother who live in the great white north is today paying .99 cents per liter, thats about 3 1/2 bucks per gallon! I visit there once or twice per year and I've noticed people sill love their SUV's and loooong trips. Hasn't slowed them down any and I'm not so sure it would change too many folk's driving habits around here?

[BadBass]

It's not your standard(no pun intended Mr. Rockafeller) supply and demand system when the suppliers are all in cahoots with each other(see OPEC).
It sucks and there is nothing we can do about it, except FISH AND FORGET!!

[Backbeach Jake]

Originally Posted by BigFish

Won't change how I fish one iota!

Me either, but it'll probably change some other things.

[Nebe]

Originally Posted by fishweewee

This is bad, unstably high energy prices could really push us into a recession.

what do you mean 'could' ??????