Gasoline Prices are literally scaring me - U2 Feedback

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Old 08-10-2005, 09:32 AM   #1
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Gasoline Prices are literally scaring me

Is anyone else freaking out about gasoline prices? I've heard that the price has risen 40% since August 2004.

Now, I don't use as much as some people, but I'm starting to worry about the consequences if it rises any further. Realizing that all prices will steadily sky-rocket as a result, I'm wondering how our economy will survive?

Any words of calm?
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Old 08-10-2005, 09:36 AM   #2
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You know what makes it worse in my city? My city voted to pay for a new NFL stadium, and yet have voted down public transportation no less than 3 times. We are the biggest US city that doesn't have public transportation.
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Old 08-10-2005, 10:26 AM   #3
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Although high for us in the U.S., they're still significantly lower than in many other places, such as Europe where prices are nearly double what they are here. So the selfish side of me wants to complain but the bigger picture is that I wouldn't actually mind if prices went even higher if it meant Americans would buy smaller fuel efficient cars--and I say that as someone who drives a lot of long distances and noted the increase quite a bit when I drove to LA recently. But fuel efficiency is about much more than American wallets (gasp!).
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Old 08-10-2005, 10:38 AM   #4
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My dad is a scientist at an oil company so the higher prices go up the better for us.




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Old 08-10-2005, 10:53 AM   #5
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Yeah...the gas prices are worrying me too. The other day my mom paid $37 and she has a Ford Taurus, not an SUV.
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Old 08-10-2005, 10:55 AM   #6
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makes me glad i don't own a car.
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Old 08-10-2005, 10:58 AM   #7
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Didnt cost me a thing to walk to work this morning!
But my Mr.bonogirls commute kicks him in the ass as far as gas goes
When we do get me a car I hope its something that sips gas slowly
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Old 08-10-2005, 11:02 AM   #8
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makes me glad i don't own a car.
Exactly. To me it doesn't really matter. I'm thankful I've been able to manage schooling, housing, my job, and my social life around NOT having a car, so when I do have access to borrow one, it's awesome, and when I don't, oh well. I guess it sucks for those who will have to adjust, but such is life and the depletion of resources. And for as much as I hear people complaining about gas, it seems like every day there's MORE SUVs on the road and more families are purchasing their second, third, or fourth vehicles....
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Old 08-10-2005, 11:39 AM   #9
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Quote:
Originally posted by LivLuvAndBootlegMusic


Exactly. To me it doesn't really matter. I'm thankful I've been able to manage schooling, housing, my job, and my social life around NOT having a car, so when I do have access to borrow one, it's awesome, and when I don't, oh well. I guess it sucks for those who will have to adjust, but such is life and the depletion of resources. And for as much as I hear people complaining about gas, it seems like every day there's MORE SUVs on the road and more families are purchasing their second, third, or fourth vehicles....
If you lived in my city, you'd have to have a car. There is no public transportation.
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Old 08-10-2005, 11:39 AM   #10
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Originally posted by LivLuvAndBootlegMusic

And for as much as I hear people complaining about gas, it seems like every day there's MORE SUVs on the road and more families are purchasing their second, third, or fourth vehicles....
Yeah. Apparently rising gas prices haven't affected trends in SUV sales at all.

I can't wait to live in a city that has decent public transportation and actual buildings within walking distance. In the burbs it's just unrealistic not having a car, unfortunately.
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Old 08-10-2005, 11:43 AM   #11
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I love my Xterra. It may not be the best on gas mileage but given my hobbies, I need an SUV. I ski so I need the 4 wheel drive in winter, it holds my mountain bike, and hopefully soon a kayak

I do agree that many people drive them just for looks and something needs to be done to improve mileage. When the time comes to buy a new car, I'm hoping there will be more hybrids out on the market.
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Old 08-10-2005, 11:58 AM   #12
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It may keep getting worse. With China's growing appetite for oil, it is unlikely that suppliers like Saudia Arabia can keep their current levels of production for an extended period of time.
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Old 08-10-2005, 12:21 PM   #13
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Want to lower gas prices right away? Force those who "buy" oil to physically pick it up and take it. No refunds. You'll watch the speculators flee and the gas prices go down dramatically.

Thankfully, my car only has a capacity for 14 gallons of gas, so even if gas goes up to $3.00 a gallon, the most I'll pay is $34.00. It's still pretty crappy.

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Old 08-10-2005, 12:32 PM   #14
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Originally posted by melon
Want to lower gas prices right away? Force those who "buy" oil to physically pick it up and take it. No refunds. You'll watch the speculators flee and the gas prices go down dramatically.
I don't know much about the business. What do you mean?
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Old 08-10-2005, 12:40 PM   #15
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Quote:
Originally posted by 80sU2isBest
I don't know much about the business. What do you mean?
Oil is treated like the stock market, so people can buy or sell "futures" without ever having to buy oil. Even you, if you wanted to, could "buy" crude oil and then once the prices got higher, "sell" it and reap in the profits.

There are lots of people making a shit load of money off of oil right now at our expense.

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