Gas Rations - A Reality
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Joined: Jun 2006
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From: Dallas
why would you think we're headed there in the near future? the article opens by explaining that people are afraid of gas shortages even though there are none...
excerpt:
"While gas rationing is not expected at this time, it was a hallmark of the 1970s- era energy crisis, when drivers lined up outside gas stations and sales of gas were limited to certain days of the week.
However, at that time, gas was in short supply, which is not the case today."
are you saying you think it will be the case in the near future? while refining could certainly stand to increase, the sources i've consulted indicate the price much more a result of speculation in the commodities market than a shortage of gasoline, as discussed here already
excerpt:
"While gas rationing is not expected at this time, it was a hallmark of the 1970s- era energy crisis, when drivers lined up outside gas stations and sales of gas were limited to certain days of the week.
However, at that time, gas was in short supply, which is not the case today."
are you saying you think it will be the case in the near future? while refining could certainly stand to increase, the sources i've consulted indicate the price much more a result of speculation in the commodities market than a shortage of gasoline, as discussed here already
Last edited by ()smoke(); Jun 10, 2008 at 01:41 PM.
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Senior Member
Joined: Jan 2007
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From: TN
why would you think we're headed there in the near future? the article opens by explaining that people are afraid of gas shortages even though there are none...
excerpt:
"While gas rationing is not expected at this time, it was a hallmark of the 1970s- era energy crisis, when drivers lined up outside gas stations and sales of gas were limited to certain days of the week.
However, at that time, gas was in short supply, which is not the case today."
are you saying you think it will be the case in the near future? while refining could certainly stand to increase, the sources i've consulted indicate the price much more a result of speculation in the commodities market than a shortage of gasoline, as discussed here already
excerpt:
"While gas rationing is not expected at this time, it was a hallmark of the 1970s- era energy crisis, when drivers lined up outside gas stations and sales of gas were limited to certain days of the week.
However, at that time, gas was in short supply, which is not the case today."
are you saying you think it will be the case in the near future? while refining could certainly stand to increase, the sources i've consulted indicate the price much more a result of speculation in the commodities market than a shortage of gasoline, as discussed here already
"While gas rationing is not expected at this time..."
I'm not a genius, but doesn't that mean it could happen in the future? If not, forgive please. - Og
Last edited by OgRedd; Jun 10, 2008 at 01:54 PM.
Senior Member
Joined: Nov 2005
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From: Burleson, Texas
Don't read into that statement too much. I don't get that there's a probability of gas rationing from reading it.
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Senior Member
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From: TN
Believe me, it's not that I want it to happen. I rather pay $4 bucks a gallon, fill up for $108 and drive my truck than to pump $8 bucks a gallon, get a quarter tank and have to park the damn thing. - Og
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From: Houston
Nor do I. While it is within the realm of possibility, yet so is the chance we get nuked tomorrow. Lets not forget the huge difference between possible and probable. The news likes to get readership in anyway possible. Stories that strike fear in the American people is one method they use. Take everything the media says tone it down 95% and you will have the real story
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From: Concordia, MO
people are starting to ration gas already. Except on their own, not because they are forced to by the Gov.
Truck sales are down, small car sales are up.
People are driving a little less and slower.
The US actually used less gas in the first quarter of 08 than they did in the first quarter or 07. That hasn't happened in a long time.
I think since 94?
Personally I think gas prices will go down some but not back to $2.50 or anything. I'll bet we could be back to $3 though in a year or so. I think it will get up to about $4.50 before it starts going down.
These are just my amateur "speculations" though.
Truck sales are down, small car sales are up.
People are driving a little less and slower.
The US actually used less gas in the first quarter of 08 than they did in the first quarter or 07. That hasn't happened in a long time.
I think since 94?
Personally I think gas prices will go down some but not back to $2.50 or anything. I'll bet we could be back to $3 though in a year or so. I think it will get up to about $4.50 before it starts going down.
These are just my amateur "speculations" though.
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Joined: Feb 2008
Posts: 1,132
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From: Calgary, Alberta Canada
The American people have no reason to believe we will face gas shortages in the near future. With the Amount of money the oil companys are currently making you can be assured as long as you have cash they will have gas.
Morgan Stanley and their analyst are to blame for this mess. They are striking fear in the market by saying what they "think" oil will do. If they would just **** and let the market work prices will fall as will the fears of the American people. I would not be surprised to learn at all that Morgan Stanley has their hand in the oil companys pockets as a small thank you for these outrageous prices
Morgan Stanley and their analyst are to blame for this mess. They are striking fear in the market by saying what they "think" oil will do. If they would just **** and let the market work prices will fall as will the fears of the American people. I would not be surprised to learn at all that Morgan Stanley has their hand in the oil companys pockets as a small thank you for these outrageous prices
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Senior Member
Joined: Jan 2007
Posts: 1,115
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From: TN
people are starting to ration gas already. Except on their own, not because they are forced to by the Gov.
Truck sales are down, small car sales are up.
People are driving a little less and slower.
The US actually used less gas in the first quarter of 08 than they did in the first quarter or 07. That hasn't happened in a long time.
I think since 94?
Personally I think gas prices will go down some but not back to $2.50 or anything. I'll bet we could be back to $3 though in a year or so. I think it will get up to about $4.50 before it starts going down.
These are just my amateur "speculations" though.
Truck sales are down, small car sales are up.
People are driving a little less and slower.
The US actually used less gas in the first quarter of 08 than they did in the first quarter or 07. That hasn't happened in a long time.
I think since 94?
Personally I think gas prices will go down some but not back to $2.50 or anything. I'll bet we could be back to $3 though in a year or so. I think it will get up to about $4.50 before it starts going down.
These are just my amateur "speculations" though.
Technical Article Contributor
Joined: Oct 2005
Posts: 1,616
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From: Concordia, MO
ya I'll bet you guy's will see $5 on the west coast.
Gas is just now getting high enough that people are really getting PO'ed enough to do something about it.
And the Gas companies won't let that get too out of hand because if we start figuring out ways to get around without using much gas, we won't go back!
I think they will test us until we start to break and then back off enough to make us feel like we are getting a deal again. A Holes.
Gas is just now getting high enough that people are really getting PO'ed enough to do something about it.
And the Gas companies won't let that get too out of hand because if we start figuring out ways to get around without using much gas, we won't go back!
I think they will test us until we start to break and then back off enough to make us feel like we are getting a deal again. A Holes.
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From: Joplin MO
The minute the government tries to put any kind of price controls or windfall profits taxes on the oil companies, you bet your sweet @$$ there will be shortages again. That's what scares me about the possibility of the Dems getting in control.
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From: Burleson, Texas
http://news.yahoo.com/s/ap/20080610/...ss_oil_profits