Is Gasoline going to $6.00 a gallon?, page 1


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ATS Members have flagged this thread 4 times
Topic started on 21-4-2008 @ 04:29 PM by rikriley
I just returned from an energy conservation convention and the majority owner of the company made the statement that gas prices will go to $6.00 per gallon in the not so far off future.

The owner has family heavily involved inside the oil industry and they are telling him to look for gas prices to jump to $6.00 a gallon. If this happens in the not to far off future it will change the way we live, what we buy and will make us all think, plan and consolidate our daily trips before we hop into our vehicle and go anywhere.

Yes I think it would hurt the economy severely and would plummet us into a deeper recession or depression.

Folks the way I look at it, this would be equivalent to warfare worldwide thru the pump. Yes there would be marches and stoppages across this great nation.

Our nation is a nation of survivors and and when the going gets tough the tough get going. I believe in the American people of this great nation and that they will prevail and come forward with great ideas for energy conservation devices and free energy inventions sooner than later to overcome this bondage to oil.

I do understand we have plenty of oil in The United States Of America and off shore, but it is still in the ground and regulations have stopped the drilling of these vast reserves of oil. Even if we have the oil we are limited to what we can refine because of limited refinery capacity. It will take 2 years to build more refineries even if we had the oil. Do we blame the oil companies or our politicians for the present situation when it comes to the price of oil?

Ethanol uses corn so there goes the food supply and yes there are alternatives such as cellulose to make ethanol. So what do you think about $6.00 a gallon gasoline and how do we overcome this situation? Rik Riley


reply posted on 21-4-2008 @ 05:20 PM by rikriley
reply to post by bamaoutlaw



Thanks bamaoutlaw for your info on the pipeline attacks in Nigeria I was not aware of this taking place. I was unable to locate the website that you have shown. Rik Riley


reply posted on 21-4-2008 @ 05:23 PM by rikriley
reply to post by jpm1602



Hi jpm, you are right, we hear excuses but we customers want solutions and better gas prices. Solutions by the oil companies I do not think so and better gas prices, not. Rik Riley


reply posted on 21-4-2008 @ 06:29 PM by rikriley
reply to post by jpm1602



Correct prices are going up daily on food and hard goods because of gas prices. As far as the President of the U.S. buying land in Bolivia I had heard about that and I believe he knows something that we don't. Rik Riley



reply posted on 21-4-2008 @ 06:42 PM by rikriley
reply to post by worldwatcher



Hi worldwatcher, from what I could gather it looks like gas prices will be at the $6.00 a gal. level within 18 months but as you know there are many many variables worldwide factored into the equation. This time table is based upon the present rate of increase of oil, greed, the unknown, the plummeting dollar, political situations and warring oil barring countries throughout the world. If another 911 occurs all bets are off and at $6.00 a gal. gasoline would be a bargain. Rik Riley



[edit on 21-4-2008 by rikriley]


reply posted on 21-4-2008 @ 06:46 PM by worldwatcher
reply to post by rikriley



18 months seems like a fair assessment if all the variables stays the same. Though any talk of new "wars" will cause the time frame to accelerate.


reply posted on 21-4-2008 @ 06:49 PM by wyldwylly
How funny, I was just going over some old posts of 2006 on this site

here's one

That people were guessing that we'd hit $6.00 in about a year to two years time which actually puts us in July 2008, and watching gas prices all over the nation at an estimate amount at $3.27'ish per gallon, some places obviously higher and others not so much lower.

I think a real good estimate would be to say that by July 4th, 2008 we will for sure be over the $4.00 per gallon mark. It's hard to say at this point in time what it will be like in a year or more due to the elections coming this year and what those candidates will do to help OUR NATION... as that is what they are being elected to run.


reply posted on 21-4-2008 @ 06:50 PM by hinky
reply to post by jpm1602



I can remember beer at $1.25 a six pack or $4 a case. If you spent $5, you had a night to remember. My kids love it when I tell the stories about me and Mom in our youth. My oldest is in his 30's with youngest at 18. I don't know how my parents put up with me, I couldn't handle the way I was, with one of my kids.

Time really does pass you by... sounds like a 70's song.

I was never a big frosted root beer mug fan, at A&W. There is still just a couple of these open in the Kansas City area. The sliders at White Castle, how did they get their name?

I really think $6 to $8 for diesel within the next year. Gas, not too far behind.
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