Gas here just went to $3.69...
- Thread starter Morris
- Start date
I've always understood gas prices have a lot to do with the dollar. Since the dollar is so dreadfully weak, prices continue to climb.
That is partially prob yyz--biggest prob is opec figured out they could charge what they want and with demand they could get it. will take a while but oil will come back down--huge oil reserves in oil sands in Canada--however expensive to get out--not real profitable until oil reaches $60 a barrel--also oil had very quite inexpensive several years ago--and exploration was slowed down because of it--either by cost or people not wanting to drill for eco reasons--
However past 18 months exploration has picked up--HUGE reserve just found of coast of Brazil--but will be a while until production kicks in.
"RIO DE JANEIRO, Brazil (AP) -- A huge offshore oil discovery could raise Brazil's petroleum reserves by a whopping 40 percent and boost this country into the ranks of the world's major exporters, officials said.
A gas station worker refuels a taxi with natural gas at a Petrobras gas station Thursday in Rio de Janeiro, Brazil.
The government-run oil company Petroleo Brasileiro SA, or Petrobras, said the new "ultra-deep" Tupi field could hold as much as 8 billion barrels of recoverable light crude, sending Petrobras shares soaring and prompting predictions that Brazil could join the world's "top 10" oil producers."
I gave up on paying attention to gas prices. I've learned they're only gonna go up.
So, I just pump the damn gas and ignore the price.
So, I just pump the damn gas and ignore the price.
Speedway at 1605 N. Shadeland $3.89
Admirial at 21st and Post (5 minutes from the above location) $3.32
:shrug:
Admirial at 21st and Post (5 minutes from the above location) $3.32
:shrug:
I try to take public transportation as much as I can, and that way I don't have to worry about gas prices so much. I think gas will be at $5 within the next 18 months.
Anyone else using the subway/bus as a solution to expensive gas prices?
Anyone else using the subway/bus as a solution to expensive gas prices?
This is going to get real interesting.
This country is not built around public transportation.
We are not set up up like many European nations where driving is not essential to ones daily life. They can deal w/ the high prices much easier than the average American.
Our cities are dangerous & violent for the most part unlike those of the EU. So city living is not appealing or beneficial for a great many.
WTF is going to happen....its getting to a critical point price wise.
This country is not built around public transportation.
We are not set up up like many European nations where driving is not essential to ones daily life. They can deal w/ the high prices much easier than the average American.
Our cities are dangerous & violent for the most part unlike those of the EU. So city living is not appealing or beneficial for a great many.
WTF is going to happen....its getting to a critical point price wise.
I see many people are blaming the Dems for the gas prices, but didn't gas dramatically increase a few years back with Bush and a Republican congress?
Spend most of my time in Santa Barbara. Sometimes my car will sit 10 days without driving it. Almost all walking and biking for me - everything I need is within a mile or 2.
$40 per barrel ......1.25 gas
$117 per barrel......3.75 gas
When we start electing congresspeople who know the difference between million,billion and trillion.......and start giving value to the dollar
MAYBE...someone in the world will want them.
NOW...noone especially OPEC wants to sell for dollars.
How much are all the "bailouts" going to cost in our already flagging currency....add the continued war $$ and the stimulus tax rebates etc. and GUESS when it will or how it will end.
bear
$117 per barrel......3.75 gas
When we start electing congresspeople who know the difference between million,billion and trillion.......and start giving value to the dollar
MAYBE...someone in the world will want them.
NOW...noone especially OPEC wants to sell for dollars.
How much are all the "bailouts" going to cost in our already flagging currency....add the continued war $$ and the stimulus tax rebates etc. and GUESS when it will or how it will end.
bear
