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Gas price opinion
What's your opinion of the BIGGEST factor in how we got to the current national average of $3.22/gallon?
Gas companies are increasing it so they can increase their profits [ 12 ] ** [48.00%]
The Iraq War made oil more expensive [ 0 ] ** [0.00%]
Hurricane Katrina [ 0 ] ** [0.00%]
People are driving more than ever, increasing demand [ 2 ] ** [8.00%]
Vehicles are less fuel efficient than before [ 0 ] ** [0.00%]
Inflation [ 3 ] ** [12.00%]
Other (explain) [ 8 ] ** [32.00%]
What's your opinion of the MOST reasonable thing we can do to effectively reduce gas prices?
Drive less [ 1 ] ** [4.00%]
Drill Alaska & other fields aggressively to meet demand [ 0 ] ** [0.00%]
Mandate a switch to E85 (85% ethanol) [ 1 ] ** [4.00%]
Mandate a switch to more fuel efficient vehicles [ 6 ] ** [24.00%]
Put legislation through to force gas companies to lower prices [ 6 ] ** [24.00%]
Renegotiate treaties with foreign oil countries [ 0 ] ** [0.00%]
There's nothing reasonable we can do to reduce gas prices [ 3 ] ** [12.00%]
Other (explain) [ 8 ] ** [32.00%]
What's the lowest you think we'll ever see a gallon of gas again?
Less than $1.00 [ 1 ] ** [4.00%]
$1.00 - $1.50 [ 2 ] ** [8.00%]
$1.50 - $2.00 [ 6 ] ** [24.00%]
$2.00 - $2.50 [ 12 ] ** [48.00%]
$2.50 - $3.00 [ 3 ] ** [12.00%]
$3.00 or higher [ 1 ] ** [4.00%]
Total Votes: 25
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impala454
post May 24 2007, 08:46 AM
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Just thought it'd be some interesting questions to ask. As always, explain what your choices were and why. If there's a sensible choice in one of the questions I left out, I'll add it.
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Hartmann
post May 24 2007, 10:54 AM
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The current spike in prices has nothing to do with supply and demand, it has to do with the refinery capacity and the current economy.

I figure we'll see gas drop below $2.50 at the end of summer (with no huge natural disasters or refinery problems).

There is currently no incentive for oil companies to build refineries, it's not a money maker. Simply bringing the oil out of the ground makes the money, so why do anything else?

Oil prices haven't really gone up, only gas prices.


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jwttu
post May 24 2007, 05:50 PM
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QUOTE (Hartmann @ May 24 2007, 11:54 AM) *
The current spike in prices has nothing to do with supply and demand, it has to do with the refinery capacity and the current economy.

I figure we'll see gas drop below $2.50 at the end of summer (with no huge natural disasters or refinery problems).

There is currently no incentive for oil companies to build refineries, it's not a money maker. Simply bringing the oil out of the ground makes the money, so why do anything else?

Oil prices haven't really gone up, only gas prices.

Ya i heard on the radio that the problem is refining capacity. We have more oil than we can refine.
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Posts in this topic
- impala454   Gasoline Prices   May 24 2007, 08:46 AM
- - cmac   george bush impeach bush (i have no support for my...   May 24 2007, 09:02 AM
- - James   Gas companies looking for a bigger profit, who can...   May 24 2007, 09:06 AM
|- - James   QUOTE (James @ May 24 2007, 10:06 AM) Gas...   Jun 12 2007, 08:30 PM
|- - jwttu   QUOTE (James @ Jun 12 2007, 09:30 PM) And...   Jun 12 2007, 09:48 PM
- - jonathan83   i think it could go back under 2.50, but never low...   May 24 2007, 09:12 AM
- - impala454   I think gas prices are fairly high, but adjusted f...   May 24 2007, 09:23 AM
|- - Spectatrix   QUOTE (impala454 @ May 24 2007, 10:23 AM)...   May 24 2007, 05:11 PM
- - THECHICKEN   We all know there is infinite oil in the world, th...   May 24 2007, 09:28 AM
- - schwab   I chose other for the first one, there is an incre...   May 24 2007, 09:31 AM
- - impala454   yeah i've heard of a lot of temporary refinery...   May 24 2007, 09:34 AM
- - James   Just wait until we have a hurricane wipe out a few...   May 24 2007, 09:35 AM
- - schwab   just out of curiosity, does anyone here really do ...   May 24 2007, 10:15 AM
|- - impala454   QUOTE (schwab @ May 24 2007, 11:15 AM) ju...   May 24 2007, 02:11 PM
- - James   Not I. Not much more I can do to become thrifty i...   May 24 2007, 10:24 AM
- - Renegadepeon   I hope we expand our deep sea exploration efforts....   May 24 2007, 10:29 AM
- - TinEqualWin   There are a couple of things we can do: 1. Cap t...   May 24 2007, 10:52 AM
- - Hartmann   The current spike in prices has nothing to do with...   May 24 2007, 10:54 AM
|- - jwttu   QUOTE (Hartmann @ May 24 2007, 11:54 AM) ...   May 24 2007, 05:50 PM
|- - JRockTTU   QUOTE (jwttu @ May 24 2007, 06:50 PM) Ya ...   May 24 2007, 06:04 PM
- - Dogmeat   I think it's funny how everyone is talking abo...   May 24 2007, 11:36 AM
- - Dogmeat   How to fix gas prices: 1.) Stop allowing Barbara ...   May 24 2007, 11:58 AM
|- - TinEqualWin   Dogmeat, please give me: http://www.crystallik.co...   May 24 2007, 12:25 PM
- - cupcake   greatness I like watching people who know more th...   May 24 2007, 12:16 PM
- - Hartmann   I am not necessarily talking about our ability to ...   May 24 2007, 12:32 PM
|- - Dogmeat   QUOTE (Hartmann @ May 24 2007, 12:32 PM) ...   May 24 2007, 03:45 PM
- - cupcake   FUCKIN NSFW COME ON!!!!!!...   May 24 2007, 12:51 PM
- - TinEqualWin   Haha, when I linked it it was the "cliff note...   May 24 2007, 01:01 PM
|- - cupcake   QUOTE (TinEqualWin @ May 24 2007, 02:01 P...   May 24 2007, 01:35 PM
- - Divergent Reality   haha time magazine.   May 24 2007, 01:02 PM
- - Psykopath   Dogmeat: Quit referring to anyone that supports LO...   May 24 2007, 01:09 PM
|- - Dogmeat   QUOTE (Psykopath @ May 24 2007, 01:09 PM)...   May 24 2007, 03:58 PM
|- - Psykopath   QUOTE (Dogmeat @ May 24 2007, 04:58 PM) ...   May 24 2007, 04:58 PM
- - prefix   Can people please stop taking the refinery shortag...   May 24 2007, 01:21 PM
|- - James   QUOTE (prefix @ May 24 2007, 02:21 PM) Ca...   May 24 2007, 01:30 PM
|- - Hartmann   QUOTE (prefix @ May 24 2007, 02:21 PM) Ca...   May 24 2007, 01:41 PM
|- - Dogmeat   QUOTE (Hartmann @ May 24 2007, 01:41 PM) ...   May 24 2007, 04:05 PM
|- - Hartmann   QUOTE (Dogmeat @ May 24 2007, 05:05 PM) Y...   May 24 2007, 07:41 PM
- - James   2003 Ford Ranger and I get 17-20 mph, depending on...   May 24 2007, 02:20 PM
- - moebary   94 Crown Victoria, I think about 16-18mpg, it...   May 24 2007, 02:32 PM
- - schwab   95 chrysler, highway i get about 25-30, but in the...   May 24 2007, 03:17 PM
- - impala454   yeah no shit... wait 10 years for E85 bc there ARE...   May 24 2007, 04:01 PM
- - JRockTTU   I never thought I would type this, but Dogmeat is ...   May 24 2007, 04:26 PM
- - Testm0nkey   start culling people who drive vehicles with less ...   May 24 2007, 05:06 PM
|- - James   QUOTE (Testm0nkey @ May 24 2007, 06:06 PM...   May 24 2007, 05:29 PM
|- - Psykopath   QUOTE (James @ May 24 2007, 06:29 PM) I c...   May 24 2007, 06:04 PM
- - James   *looks up* FUCK! Three out of the four car i...   May 24 2007, 05:11 PM
|- - Psykopath   QUOTE (James @ May 24 2007, 06:11 PM) *lo...   May 24 2007, 05:13 PM
- - lamont's lament   i'm sure glad i chose this weekend to move dow...   May 24 2007, 05:29 PM
- - JRockTTU   I drive a 2001 Rav4, gets a lot better gas mileage...   May 24 2007, 05:31 PM
- - Testm0nkey   my car gets ~15mpg but i am willing to die for wha...   May 24 2007, 05:34 PM
- - Spectatrix   I drive a 2002 Toyota Echo. Generally gets about ...   May 24 2007, 05:38 PM
- - prefix   This post is full of long replies that I'm not...   May 24 2007, 05:43 PM
|- - JRockTTU   QUOTE (prefix @ May 24 2007, 06:43 PM) Th...   May 24 2007, 05:48 PM
- - James   You'll get better mpg if you remove the cataly...   May 24 2007, 05:49 PM
- - Testm0nkey   no i meant culling   May 24 2007, 06:07 PM
|- - Psykopath   QUOTE (Testm0nkey @ May 24 2007, 07:07 PM...   May 24 2007, 06:16 PM
- - FORSAKENR320   i too am for culling of the weak..... get me in ...   May 24 2007, 06:58 PM
- - Jessica   my work is giving me a $70 tank of gas for dr...   May 25 2007, 11:01 AM
- - griseyeux   I'm on empty.....again. but I have been tr...   May 25 2007, 03:00 PM
- - impala454   friggin E85.org says all these kroger stores in ho...   May 25 2007, 03:30 PM
- - chook   like schwab said, china and india. We need to swi...   May 26 2007, 02:35 PM
- - lamont's lament   i filled up for $2.87 today =O   May 27 2007, 01:06 PM
- - griseyeux   um.....how?   May 27 2007, 02:20 PM
- - James   He probably had less than a gallon used   May 28 2007, 08:03 AM
- - JRockTTU   I think he means 2.87 a gallon. I believe he...   May 28 2007, 10:39 AM
- - Dogmeat   during the last "gas crunch" natrona cou...   May 28 2007, 01:06 PM
- - Spectatrix   Got $2.99/gal here in Austin earlier this aft...   May 28 2007, 02:18 PM
- - schwab   2.88 in Lampasas i saw when i drove out of austin ...   May 28 2007, 06:29 PM
- - griseyeux   it's still 3.18 at Bolton's and that's...   May 28 2007, 07:27 PM
- - impala454   i paid $3.15 for 93 octane here in houston ye...   Jun 12 2007, 11:40 PM
- - woody   http://consumerist.com/consumer/top/why-is...sive-...   Jun 13 2007, 04:22 AM
- - Spectatrix   It's been about $2.90/gal here in Austin.   Jun 13 2007, 08:21 AM
- - schwab   some stations in lbk are now at 2.98 as of yesterd...   Jun 13 2007, 10:10 AM
- - lamont's lament   2.77 at one place down here   Jun 13 2007, 04:16 PM
- - impala454   saw 2.59 today   Aug 4 2007, 10:41 PM
- - impala454   http://www.chron.com/disp/story.mpl/front/5043321....   Aug 10 2007, 09:04 AM
- - chook   end of the month it should be up about a quarter.   Aug 10 2007, 09:18 AM
- - impala454   saw $2.46 today. first time i've seen it ...   Aug 20 2007, 02:11 PM
|- - Psykopath   QUOTE (impala454 @ Aug 20 2007, 03:11 PM)...   Aug 20 2007, 03:11 PM
- - impala454   naw.. houston   Aug 20 2007, 03:24 PM
- - Inferia   it went back up to $3.19 in michigan toady.   Aug 20 2007, 03:34 PM
- - chook   next week is labor day. Fill up your tanks this w...   Aug 20 2007, 09:20 PM
- - impala454   its two weeks right? sept 3rd oh and i lied abou...   Aug 20 2007, 09:28 PM
- - impala454   looks like about 2.49 pretty widespread around her...   Aug 29 2007, 11:12 AM
- - pysex   i've noticed that gas prices are always signif...   Aug 29 2007, 12:10 PM
|- - Dogmeat   QUOTE (pysex @ Aug 29 2007, 12:10 PM) i...   Aug 29 2007, 12:43 PM
- - impala454   national average sittin at 2.77 for the holiday we...   Aug 31 2007, 03:13 PM


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