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Author
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Topic: What happened to $4 gas?
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BCINGUU
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Member # 2397
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posted
 
 
Seems like only a month ago we were talking about how $4 gas was right around the corner. For a long time, it hovered in the high $3s. Now it's blown way past $4 and is well on the way to $5 with no end in sight!
After anticipating the $4 mark for so long, it seems like there is no barrier anymore. WTF.
[ June 04, 2008, 12:16 PM: Message edited by: BCINGUU ]
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93 Cobra #4563 347ci 12.0@118 505rwhp 524tq
90 GT "Saleen Cobra" style convertible 347ci
67 GT "Eleanor" style coupe 347ci
Posts: 1425 | From: San Jose, CA | Registered: Jan 2003
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Hyperider
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Member # 5936
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posted
yeah this is really sickening and it's still going up! can't imagine in the future at $10 a gallon! Omg! by then my cobra will be a permanent decoration in the garage! lol! i'll move to the specialized bicycles forum by then! ![[Frown]](frown.gif)
Posts: 396 | From: East Bay | Registered: Aug 2005
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Jdub07
( O Y O )
Member # 2728
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posted
Was watching some program the other day and it said there is no way to know excactly how much oil is in the earth but with some simple calculations on the planets history it is impossible that we have consummed even HALF of what the earth contains.
Posts: 7282 | Registered: Apr 2003
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BCINGUU
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Member # 2397
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posted
Yeah, I get the feeling there is more going on here than supply and demand. I highly doubt anything significant has happened to our oil supply in the last 30 days.
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93 Cobra #4563 347ci 12.0@118 505rwhp 524tq
90 GT "Saleen Cobra" style convertible 347ci
67 GT "Eleanor" style coupe 347ci
Posts: 1425 | From: San Jose, CA | Registered: Jan 2003
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Wildfire532FB
CAFords OG
Member # 1482
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posted
Yesterday it was 4.17 a gallon for 87, today when i filled up 4.29 a gallon! It went up a shitload in one day
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17578 | From: 530 | Registered: Jun 2002
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BLK35th
CAFords OG
Member # 4685
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posted
get ready for the $8 gallon by the end of the year.
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hahahahaha
Posts: 1412 | From: 650-408-510-415 | Registered: Jul 2004
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88DroptopGT
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Member # 2535
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posted
Remember the gas shortage of the 70's?
That was 30 years ago!
This price gouging is incredible. I have to fill up today.. ![[Eek!]](eek.gif)
Posts: 3978 | From: 707 | Registered: Mar 2003
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Impact 5.0
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Member # 2805
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posted
Double post..
[ June 04, 2008, 04:18 PM: Message edited by: 03White_Venom ]
Posts: 2173 | From: Tracy, CA | Registered: May 2003
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Impact 5.0
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Member # 2805
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posted
Watched the news today... "experts" say that we should expect it to raise up to $5 by the peak of summer with all the traveling people will do. Its total BS.. someone is sitting rich of this crap!
Posts: 2173 | From: Tracy, CA | Registered: May 2003
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TwoTone91GT
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Member # 7254
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posted
yea people are sitting rich... but while gas prices are going up owners bulk prices also go up ...go figure
Posts: 469 | From: Elk Grove,Ca | Registered: Nov 2006
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166 Merlo
FELONY
MOTORSPORTS
Member # 1549
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posted
at least there's less traffic ![[Whoo Whooooo!]](graemlins/woowoo.gif)
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'89 - Boss Coupe
'70 - Drop Cutthang
'68 - Cougnut
'87 - 0166, Its real
Posts: 3953 | From: Thebay | Registered: Jul 2002
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Wildfire532FB
CAFords OG
Member # 1482
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posted
quote:
Originally posted by Jdub07:
Was watching some program the other day and it said there is no way to know excactly how much oil is in the earth but with some simple calculations on the planets history it is impossible that we have consummed even HALF of what the earth contains.
I agree, i highly doubt we are even half way close to running out of crude. The Oil companies just realized back in the 90s that nothing can stop them from raising their oil prices if they slow their production down or say we're running out to create a scare. They learned from the 70s that they have total control over gas prices.
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17578 | From: 530 | Registered: Jun 2002
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SFvert
Drama kids have no place here
Member # 3965
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posted
wasnt us going into iraq and afghanistan supposed to bring the prices down???? FUCK THIS.,. HOW HIGH DOES IT NEED TO GO BEFORE WE JUST RIOT??? ![[Mad]](mad.gif)
Posts: 3706 | From: the city by the bay | Registered: Jan 2004
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Jdub07
( O Y O )
Member # 2728
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posted
quote:
Originally posted by SF89lLx:
wasnt us going into iraq and afghanistan supposed to bring the prices down???? FUCK THIS.,. HOW HIGH DOES IT NEED TO GO BEFORE WE JUST RIOT???
Riot? ahahahahahahhahahahah love that shit. I hella feel for low income families that are just making it...the US is hurting bad right now.
Posts: 7282 | Registered: Apr 2003
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AbominableSnoman...
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Member # 8290
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posted
payed 4.81 a gallon yesterday..
81 bucks to fill up my jeep..
to drive 13mpg..
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"I aint no crip, but i bleed blue..."
Posts: 1348 | From: Bay Area | Registered: Mar 2008
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PeninsulaCOBRA
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Member # 5549
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posted
5+ in my city
i hate burlingame
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"U feel like u run it huh? Now u know how we feel"-Kanye
Posts: 411 | From: Burlingame to San Diego | Registered: Apr 2005
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stangless
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Member # 1414
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posted
i'll miss $4.50 per gallon. I'll be paying somewhere between $$6-7 bucks for two weeks (gas prices in Peru SUCK!!!)
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=(
Posts: 4634 | From: bay | Registered: Jun 2002
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88DroptopGT
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Member # 2535
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posted
quote:
Originally posted by 532Fastback:
quote:
Originally posted by Jdub07:
Was watching some program the other day and it said there is no way to know excactly how much oil is in the earth but with some simple calculations on the planets history it is impossible that we have consummed even HALF of what the earth contains.
I agree, i highly doubt we are even half way close to running out of crude. The Oil companies just realized back in the 90s that nothing can stop them from raising their oil prices if they slow their production down or say we're running out to create a scare. They learned from the 70s that they have total control over gas prices.
I agree with you 100%. They have TOTAL control over more than just gas prices.
Look at our government for example. Polls say 7/10 people don't want the "War" to continue. $500 Billion of our own money is down the drain so far with no hope soon.
Homes being foreclosed, people getting pink slips, etc.
$5 gas is just the tip of the iceberg..
Posts: 3978 | From: 707 | Registered: Mar 2003
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sic70stang
CAFords OG
Member # 4347
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posted
funny since 8/10 people supported the war when it started. now they think we can just walk away.
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The anti-crew
1987 rolling safety violation.
Posts: 6940 | From: California | Registered: Jul 2005
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Luke87GT
Lay'n more stripes
than Caltrans
Member # 21
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posted
Gas going into your car is one thing, but people often forget that gas is energy, and therefore it affects everything you buy.
Food, clothes, furniture, electronics, entertainments, services, etc etc etc. Its a transient world. All those things mentioned above need to get to a you before you can use them. UPS, Fedex, USPS, all airlines, every mode of transportation is affected as well.
The filling up my car part is the least of my worries. Its that gas prices affect the price of everything else we as people require.
From 1997-2005, I drove V8s on a daily basis. Now the Mustang is in the garage, and I am trying to get the most out of my 2.3L Pickup lol. 25mpg is hurting, lol
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Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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Dave50
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Member # 5238
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posted
quote:
Originally posted by Luke87GT:
Gas going into your car is one thing, but people often forget that gas is energy, and therefore it affects everything you buy.
Food, clothes, furniture, electronics, entertainments, services, etc etc etc. Its a transient world. All those things mentioned above need to get to a you before you can use them. UPS, Fedex, USPS, all airlines, every mode of transportation is affected as well.
The filling up my car part is the least of my worries. Its that gas prices affect the price of everything else we as people require.
From 1997-2005, I drove V8s on a daily basis. Now the Mustang is in the garage, and I am trying to get the most out of my 2.3L Pickup lol. 25mpg is hurting, lol
Ive been telling all my friends the same thing, the problem is most men dont shop so they dont see the rising prices of other normal things. Its not just the comuters that see the cost its every shipping company nation wide. Everything you buy needs "energy"-gas to get it where it is. We are only $5 a gallon away from being a 3rd world country. Is it a new form of terrorism? What would you do if it was $10 a gallon?
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Obama 09 "YES WE CAN!"
Posts: 552 | From: lincoln | Registered: Jan 2005
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iceman302
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Member # 7180
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posted
The fact of the matter is that there is a lot more going on than supply and demand. With the higher prices, the demand for oil has actually reduced for the first time in more than a decade. The supply/demand price of oil is right at $65-$70 a barrel... exactly where it was about a year ago. Nothing in the world has happened on the supply or demand side to double it in a year's time. The main problem is speculation. The weaker dollar is also causing gas prices to spike as it becomes cheaper for investors in countries with stronger currencies to buy oil. BTW, the inflation derived price of a gallon of gas going back to the 60's is $2.21 (excluding the increased world demand). I also predict that oil will be back under $100 by the end of the year.
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'65 Mustang Fastback
Posts: 4171 | From: Rancho Murieta | Registered: Oct 2006
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Venomized93
Founding Member
Member # 55
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posted
Here you go, check this one out.
I took this one the other day in San Mateo right off 92 exit. This gas station is fucking crazy. This guy is .75-$1.00 more than anyone else at anytime of the year.
[ June 06, 2008, 02:37 AM: Message edited by: Venomized93 ]
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2018 Tesla Model 3 Performance
Posts: 2077 | From: San Francisco, California | Registered: Oct 2000
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aslowdodge
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Member # 854
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posted
yeah but if he leaves it like that for a week or so he'll probably be a buck less than everyone else.
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97 Viper GTS
Supercharged & a bit of juice
last dyno on 100 shot-770rwhp/908lb torque
tree stump pulling anyone?
Posts: 641 | From: pleasanton | Registered: Feb 2002
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