Agreed. . .


also, double digits will be seen by the end of this year


The 18 wheeler is coming back. Trains yes are a HUGE source of movement, but with these 100 year old tracks everywhere, they are going to start causeing problems. The 18 wheeler and diesel will never die. We do however have to watch out for Fuel Cell Technology. Its going to take over soon.

and I drive an 11 MPG Expedition to and from school and everywhere else and dont complain about gas...



YO DARK KNIGHT. Want to see something cool?

 

i watched the whole video that was posted about the 1 cyl 900hp motor and let me say, i'm freakin amazed. we need to try and promote that freakin technology!

http://video.google.com/videoplay?do...20221389729159

 

We are hitting the top of the bubble. The main driving force behind increasing prices is no longer short supply or increasing demand. There is a lot of speculation behind the increasing price of oil, and therefore, gas. Just like any other bubble, it will pop, prices will fall...and a lot of other people will be hurt by the falling prices.

As the fed starts to make better decisions and pays attention to the value of the dollar, especially in relation to the world's #1 commodity, the chunk gas takes out of our daily paychecks will decrease and all will be well again, for another 15-20 years until the cycle repeats again.

 

let's hope so

 

How much money do you think the average person earns? An additional $500.00 per month would completely crush my budget.

Grim

 

History does tend to repeat itself. There's a point when inflation and higher wages don't come into play anymore, and like you said, speculation takes hold.

 

I say take these so called "Speculators" hang them upside down by their nads.......& bitch slap them all!...................

 

It's possible that we are at the top of the bubble and recent prices are the result of speculation. However, all one needs to do is look at how much fuel China will be using next year. If I were investing in I would NOT buy bonds in the U.S. which has an 8.9 trillion dollar deficit, I would invest in a proven money maker: oil.

With refineries world wide running close to capacity it doesn't take a genius to realize that $3.50 plus gasoline in the U.S. is just the starting point. I could be wrong, but I have been doing some research lately that makes me believe that oil will continue to become more expensive.

I may be coming off a bit liberal here, however I believe the high price of gas is a good development and might provide a better life for our children. If you are a believer that oil is a finite resource then you must also believe that we will run out sometime in the next 50 or less years (I am of the opinion that it will be less), then moving to other forms of fuel is a necessity if our children are going to be able to enjoy "driving" to see the Grand Canyon one day even if they live on the East Coast.

 

I wouldn't worry too much. Once you breech ~$5/gal, synthetic fuels (that were too expensive to pursue when gas was only $1.50/gal) become viable. I'm not talking about ethanol either, that isn't the answer. Ethanol has other problems, like getting its raw materials directly from our food supply, and the fact that it requires ALOT of fossil fuel to make it. You need to run the machines to harvest the raw materials, diesel to transport those materials, etc etc.

Besides, we have plenty of oil to our north to cover the US if the crap really hit the fan.

- NCSU

 

The problem with using these "synthetic" fuels will be the changes to the infrastructure and how quickly the change comes about. I haven't spoken to anyone of clear mind that actually believes Ethanol to be a viable answer. We could use coal in several ways, but that too is a finite resource. Hydrogen is only an energy carrier and has no inherent available energy in it's available form.

On a side note, this really has to be killing the American auto industry. My Mother just ordered a Prius. It's the first Toyota anyone in my immediate family has owned.

There is a dealer in the Cleveland area that is advertising brand new SCAP F150's for $16,000 off sticker.

With gas a $5 a gallon will they melt them down for scrap? I realize I am being facetious here, but I have a feeling that things are going get a bit worse even if the high prices are due to speculations. If I am wrong I will bump this thread to the top and eat crow.

 

 

Sorry brother but I hate to hear it. Hybrids are death in a box to our environment and are only going to make the situation worse. People do not realize that it is actually ecologically cheaper and safer to drive a hummer than a prius.
Batteries = POISON!!!!!!!

 

Hahahah !! I need that shirt.

 

Someone had made an avatar out of that same concept about 2 years ago when it wa sonly $2.29. . . LOLZ

 

pfft I wish I could "afford" an extra $500 a month. the jump from $2 to $4 has already stretched my budget. any higher than $5 and I would be doing nothing more than working to pay for transportation to go to work.