http://editorial.autos.msn.com/artic...umentid=461093

They say that prices will go down by the end of the year...

Yeah, we'll see...

 

It's going to have to hit a point where it's to high and something drastic happens before it will go down.

I'm in shipping and receiving and the trucking companies are already putting a bind on business, we always have someone place orders and then cancel when they find out that the freight will cost more than the product in the first place.

And that's with our corporation 78% discount

 

The GM of shell or some other gas company came out and said that we really arent in a gas crisis

 

Of course we are not in a crisis - there is no shortage. It's just getting very expensive to buy it.

 

IMO - Gas prices are high for one reason GREED. Oil companies are posting record profits in the BILLIONS for the past few years. Cut them down a notch and we all pay less than $2 per gallon.

There is no shortage, it's greed....

 

Sweet, itll go down just in time for me to get a new GMC .

 

Gas prices are going up for another reason in addition to supply and greed: Inflation. The U.S. Dollar is not worth as much as it has been in the past, and thus its buying power is reduced. A dollar used to buy you a gallon of gas, now it buys you less than 1/3 gallon. Sure, the rising fuel costs are not entirely due to inflation, but it is there and complicating things none the less.

 

Point well taken Tornadom. The problem is not just cut and dry. Neither will the solution be.

Sad part is, no matter how high gas goes, the American public just keeps forking out the money for it. We must find a way to stop relying on foreign oil. My vote: tap Alaska!

 

My vote:
Tap Alaska
Man-made Resources

 

keep in mind now that were also fighting other countries for fuel now. and so countries that have oil rights mark it up increase their profits cause were all fighting over the same water hole.

 

Another valid point. There is an increased demand from other countries (namely China and India) that we did not contend with in years past.

Here's a question:
If we (the United States) were to 'drill Alaska' or anywhere else on our soil for that matter, how long would it take to recover the cost of drilling, setting up of equipment (I am not too keen on the terminology of oil drilling and pumping equipment, so please bear with me) and transportation costs? Would this be a cost effective option for the near future, or is it more of a long-term fix that would take a while to payoff?

On another note, I hear there is more oil underneath Los Angeles and the surrounding area than there ever has been in the Middle East. Does anyone know the validity of this claim? LA would be an ideal region for oil drilling... it is already a major world-wide shipping port, and the towers could be diguised as cell-phone towers to blend in.

 

Sort of a retarded idea I had but what would happen if gas stations stopped buying gas from the gas companies? Like boycott gas? I know it'd screw all of us trying to get back and forth to work, but it'd make a point. I agree that Its all about greed, how much profit do gas companies really have to make? I'm not blaming the gas stations, they have to cover their expense, but the gas corp don't need a 200% or whatever profit they're seeing. Can't they live with a 10% profit for now until the economy can be fixed? Profit is profit. When is enough....enough? How greedy do they have to be before no one can afford to live anymore and America really does enter the next Great Depression?

 

I don't care if we drill in ANWAR, but people seem to think it's the Answer to all of our Energy concerns.

Estimates say Drilling there may reduce a barrel of gas by 1-2%. so what, maybe a dollar or two? It's gone up 3 Bucks in the last Couple weeks!

Plus there's concern that All of the oil drilled there May not ALL come to the US and end up on the world Market. The politicians in Alaska are Lobbying for this, as it will make their state more money.

Again, drill in ANWAR if you want, we drill everywhere else, but don't think it's going to put the price of gas to 2.50/Gallon like it was just a couple years ago...

 

GREED!!!! plain and simple

If we (USA) drill on our soil, that makes us self-sufficient, not needing oil from elsewhere. Therefore, demand for import oil goes down right? China and India can have our half. Just think of it as a gift.

 

Drilling on our own land seems like a great idea, guys and gals, but don't think for a minute that the oil companies would just keep that newly drilled oil inside our borders only when they can sell it on the world market at today's prices. And don't think that government regulation is the answer either. We live in a capitalist society, not a socialist one. Government regulation in this industry is a baaaaaaad idea, as it would then give precedent for the government to regulate other industries in this nation.

Cliffs: Yes, we're getting shafted on our gas prices. But, increased foreign demand, a weak dollar, and our incessant need for oil/gas ourselves is what's keeping the prices up. Think about it: when gas hit $2.50/gal, and millions of people changed their habits, do you think we would have gotten to where we are today? Nope.