well, I've finally seen $3.01/gallon REGULAR gas...
#46
Lexus Fanatic
Moving such a high percentage of goods vast distances via less than efficient transportation modes is great, when fuel is only $2/gallon. But obviously it gets quite expensive at $4 to $5.
#47
Lexus Fanatic
Exactly. And that's for two reasons. First, petroleum is used in the production of not just auto-fuels, but many of the everyday items we use, especialy with plastics. Second, most of what we need (and use) every day is delivered to stores, restaurants, groceries, etc......by trucks, trains, ships, and sometimes aircraft......all of which, of course, use fuel. The more expensive fuel gets, the more it costs to actually deliver things to market...and the more likely that retail prices will go up.
#48
Lexus Fanatic
But most of the astute people here know that CA has the highest gas prices in the country and they know why. And the 50 cent per gallon difference doesn't even matter, because the cheapest gas in the country is usually found in places that many of us don't want to live for a variety of reasons (including a downgrade in earning power that would hamper the ability to buy even at $2/gallon and maintain lifestyle).
Last edited by IS-SV; 02-22-11 at 07:00 PM. Reason: sp
#49
Lexus Fanatic
saw regular hit 3.15 today here
I do not agree we need high prices I was fine ten years ago when gas was $1.40 or so. High oil prices affect the cost of EVERYTHING I would never wan high oil prices as a consumer.
To me people will realize gas will never go down to sub $2 levels again and I think another gas "shock" so close to the last one is going to change a lot of peoples car buying decisions.
That's if people buy cars the industry could be stagnant with no growth.
I do not agree we need high prices I was fine ten years ago when gas was $1.40 or so. High oil prices affect the cost of EVERYTHING I would never wan high oil prices as a consumer.
To me people will realize gas will never go down to sub $2 levels again and I think another gas "shock" so close to the last one is going to change a lot of peoples car buying decisions.
That's if people buy cars the industry could be stagnant with no growth.
we import most of our oil from CANADA not the middle east.
#50
Lexus Champion
Join Date: Jul 2008
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You guys should really read up on theory of peak oil, it will all make sense after a few hours of reading. Call me a nut, but I'm slowly preparing for the crash.
http://theoildrum.com/
http://www.lifeaftertheoilcrash.net/ (this website is having a issue right now)
http://theoildrum.com/
http://www.lifeaftertheoilcrash.net/ (this website is having a issue right now)
#51
For a long time, Mike, I wasn't a fan of efforts to develop alternative-fuel vehicles, but that's something I'm (somewhat) changing my mind on. It's getting more and more obvious that world crude-oil supplies (even with new discoveries) are going to run out.....perhaps with my lifetime or yours. And, before the supples actually run out, they are going way up in price....just like R12 A/C refrigerant did when it was replaced by the newer R-134. The alternative is just more and more dependence on non-U.S. oil supplies.....sometimes with unstable governments. The technology is there now for alterative-fuel cars.......but the main problem, at least in America, is the lack of a suitable infrastructure for refuelling or recharging those vehicles. We've got to invest in more electric recharging stations, compressed-hydrogen facilities, propane/natural-gas stations, etahnol pumps, etc..... We also have to start producing electricity by non-fossil-fuel methods......I myself am a fan of efficient nuclear-fueled power-plants.
But I would agree, nuclear power needs to become a greater presence in this country. Otherwise EVs, PHEVs, our growing pop. won't have the power that is needed.
#52
Lexus Champion
Thread Starter
.......but the main problem, at least in America, is the lack of a suitable infrastructure for refuelling or recharging those vehicles. We've got to invest in more electric recharging stations, compressed-hydrogen facilities, propane/natural-gas stations, etahnol pumps, etc..... We also have to start producing electricity by non-fossil-fuel methods......I myself am a fan of efficient nuclear-fueled power-plants.
#56
Lexus Test Driver
Plus that 16 cent tax per Liter (60 cents per gallon) doesn't help
#57
Lexus Champion
Thread Starter