May 15th gas out?
05-13-2007, 08:22 AM
#44
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Originally Posted by animeS2K,May 8 2007, 10:20 PM
don't get me started on how much gas those airplanes use 
Im going to be burning aprox 2000 gallons of fuel that day... seriously.
sorry
05-13-2007, 08:26 AM
#45
Originally Posted by speed_bump,May 13 2007, 11:24 AM
The problem with high gas prices is the cost of everything else goes higher since it costs more to get it to you. 
05-13-2007, 08:31 AM
#46
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...anohter urban legend.
I do, however, favor legislation favoring fuel efficient vehicles. This scheme would achieve nothing.
I do, however, favor legislation favoring fuel efficient vehicles. This scheme would achieve nothing.
05-13-2007, 02:00 PM
#47
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there are only 2 ways you will see the oil price drop.
1) Going green
2) When the price eventually goes high enough that it is no longer affordable for those who drive the most (middle class every day workers) you will see a drop.
Personally I think these guys are shooting themselves in the feet driving oil prices this high, it is just forcing us to find alternative sources of energy faster than we usually would and eventually when we go green and oil is obsolete these guys are going to be SOL.
Personally myself, I cannot wait until we go green and these "bio-fuel" gas stations start popping up everywhere and the auto makers fully back it, but thats another 20 years away easy.
And we are still not tapping our oil reserves we have here in the U.S. (rumored to be enough to supply all of the United States for 6 months , given the rate of demand remains constant). Even during Katrina we didn't touch it. Even if we used "some" of it to suppress the current high prices it would drive our gas cost down by $1 or more, enough to force some kind of decline in the demand of oil worldwide.
I think it is all a government conspiracy, the government relies on the contiued use of oil for tax revenue (which is currently 18.4 cents per gallon), the US consumes over 1 billion gallons per day. You do the math. This also does not take into account the state gas tax (in MD it is 23.4 cents and VA is 17.5 cents per gallon), again do the math. The government rakes in over $18 billion a day in gas taxes. Something they are sure not to willingly cut out of their federal budget anytime soon with the ongoing war in Iraq.
Ridiculous if you ask me.
1) Going green
2) When the price eventually goes high enough that it is no longer affordable for those who drive the most (middle class every day workers) you will see a drop.
Personally I think these guys are shooting themselves in the feet driving oil prices this high, it is just forcing us to find alternative sources of energy faster than we usually would and eventually when we go green and oil is obsolete these guys are going to be SOL.
Personally myself, I cannot wait until we go green and these "bio-fuel" gas stations start popping up everywhere and the auto makers fully back it, but thats another 20 years away easy.
And we are still not tapping our oil reserves we have here in the U.S. (rumored to be enough to supply all of the United States for 6 months , given the rate of demand remains constant). Even during Katrina we didn't touch it. Even if we used "some" of it to suppress the current high prices it would drive our gas cost down by $1 or more, enough to force some kind of decline in the demand of oil worldwide.
I think it is all a government conspiracy, the government relies on the contiued use of oil for tax revenue (which is currently 18.4 cents per gallon), the US consumes over 1 billion gallons per day. You do the math. This also does not take into account the state gas tax (in MD it is 23.4 cents and VA is 17.5 cents per gallon), again do the math. The government rakes in over $18 billion a day in gas taxes. Something they are sure not to willingly cut out of their federal budget anytime soon with the ongoing war in Iraq.
Ridiculous if you ask me.
05-13-2007, 02:45 PM
#48
The only way for gas prices to drop is if the oil companies want them to....
Here ya go... According to the Associated Press, Exxon Mobil Corp. posted profits of $39.5 billion in 2006, the largest annual profit by a US company.
Here ya go... According to the Associated Press, Exxon Mobil Corp. posted profits of $39.5 billion in 2006, the largest annual profit by a US company.