Is Gasoline going to $6.00 a gallon?, page 2
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ATS Members have flagged this thread 4 times


reply posted on 21-4-2008 @ 07:03 PM by rikriley
reply to post by wyldwylly



Hi wyldwylly, looks like your right on target from what has been happening with the price of gas and diesel. Think of the poor truckers many will have to park their trucks and go out of business. this will have an additional affect on the price of food and hard goods. Rik Riley


reply posted on 21-4-2008 @ 07:15 PM by rikriley
reply to post by wyldwylly



Olka. City 1972 I filled up my new corvette at 15 cents a gallon during a gas war this is simply amazing when we compare prices at $3.55 a gal. in S.W Florida today. Next year we will look at $3.55 a gal. as such a bargain. Rik Riley



[edit on 21-4-2008 by rikriley]


reply posted on 21-4-2008 @ 07:25 PM by Ramb0
Also if anyone is interested I saw an r/c powered car you can order here

Cost: 10,999$ with a 1000$ rebate
Battery Life: 7 minutes (223 D-Cell Rechargeable Batteries)
Mph: 18


reply posted on 21-4-2008 @ 07:57 PM by kosmicjack
I did find this pretty effing astounding fact:


www.csmonitor.com...

If gasoline breaks through $4 a gallon by Memorial Day, that would mean spending on gasoline would have risen by $100 billion since the beginning of the year, or roughly the size of the tax rebate checks going out," says Mr. Zandi.


Could this possible be accurate?



reply posted on 21-4-2008 @ 08:05 PM by Dubyakadubla
Originally posted by bamaoutlaw
A group of Nigerian rebels who wrote a letter to U.S. President George W. Bush, stating that they attacked two oil pipelines Monday, have asked for former President Jimmy Carter and actor George Clooney to help solve issues in the oil-rich Niger-delta.
i am sure that wont help either

www.cnn.com...


That is why people are called Actors, and George Clooney knows where the better Actors money is hidden. The so called Rebels in Nigeria are hired by Royal Dutch Shell, to blow up old Pipelines and make a Huge Explosions to attract Media attention, and within the next Hour or Two, the Stock Brokers have a valid reason to raise the Price of GAS......That's Monkey Business !!!


reply posted on 21-4-2008 @ 08:13 PM by rikriley
reply to post by Ramb0



Hi Ramb0, that little car is cute to bad it can only run 7 minutes at a time. Watch the electric car business explode in the next 18 months. Rik Riley


reply posted on 21-4-2008 @ 08:30 PM by rikriley
reply to post by kosmicjack



This proves to me the government has inside information when it comes to the projected price of oil. This $100,000,000,000 figure that is coming our way in the form of tax relief is no coincidence. To bad you can not eat or drink gasoline because for many it will be the choice between food or putting gas in their tank. Rik Riley


reply posted on 21-4-2008 @ 08:39 PM by rikriley
reply to post by kosmicjack



School busing could come to a screeching halt if the present increase trend of higher gasoline prices continue. It will become a decision to pay the school teachers salaries or busing children in from different areas. I project that children will be aloud to go to the school nearest where they live if applicable. This will be in discussion when gas prices hit $4.00 a gal. Rik Riley


reply posted on 21-4-2008 @ 08:44 PM by kosmicjack
reply to post by rikriley



Many, many municipalities are facing budget shortfalls this year already (and it's just April) due to higher gas prices for public transportation and city owned vehicles, as well as decreased revenue from local sales tax from a corresponding decrease in consumer spending.


reply posted on 21-4-2008 @ 08:47 PM by rikriley
reply to post by jpm1602



jpm good point about riding your bicycle but the Chinese are heavily dependent on our economy for their economic survival. When I spent a month in China back in 1989 the mode of travel was by bicycle or by foot. Things have changed drastically since that time. Rik Riley


reply posted on 21-4-2008 @ 08:52 PM by rikriley
reply to post by kosmicjack



Hi kosmicjack, you are correct and look for state and local taxes to go thru the roof in the next 2 years not to mention our income taxes. These local governments will be very creative when it comes to hidden and out in the open taxes. Rik Riley



reply posted on 21-4-2008 @ 09:46 PM by rikriley
reply to post by anti us gov



Hi anti, I knew gasoline was much more expensive in Europe then the U.S. Yes the common market countries have opened up as far as trade in those countries but here in the U.S. we cover a larger land mass aprox. 3,000 miles coast to coast and depend more so on our autos and trucks. Where in Europe they depend on their cars and trucks, but also depend more on mass transit. I assure you our mass transit systems will be utilized to the max as gas and diesel prices escalate. Rik Riley


reply posted on 21-4-2008 @ 10:23 PM by Ahabstar
$6/gal, eh? I don't see it happening. I think the $5/gal mark is the threshold for gasoline but see diesel as going slightly higher. After $5/gal, I think big oil will be taking their life in their hands as people will begin to revolt, hopefully taking the bloated protectionist federal gov't with it.

As for why diesel is higher that gasoline you are correct that it take far less refining for diesel, but the oil companies chose to raise diesel and deal with fewer complaints.

Good catch on the rebate being equal. An old GHW Bush quote is "I don't have to watch the morning news, I already know what it is going to be about." So yeah, the federal gov't is "in the know" as well as big oil "knowing" how best to spend those checks.

Europe is and will always be higher due to the "free" healthcare (that free lunch comes from those higher per liter taxes), less need (mass transit) and difference in economic factors. I knew a German engineer paid at a German rate in US dollars that made 35% more per year than an American counterpart in 1995. I would imagine due to exchange rates and the fallen US dollar to the Euro it could be closer to 50% today.

And that burger chain must have been a northern Ohio thing...wasn't in the Cincy area. But we had Burger Chef (bought out by Hardee's) and Zantego (a cheap taco chain that offered tacos without sour cream long before Taco Bell did) also saddly long gone. One local spot long gone was The Red Barn a nice buffet style with less selection but better quality than Golden Corral.

You could add generators to the free spining wheels (as opposed to drive wheels) to recharge as you drive. Think of an old style bycycle generator, except not rubbing the sidewall of the tire. Not a perfect solution, but it should extend the range quite a bit.

Did I miss a topic?


reply posted on 22-4-2008 @ 05:26 AM by pai mei
About Peak Oil :
www.lifeaftertheoilcrash.net...

The last major oil discovery was in 1980. Now the easy to get oil is running out, and the oil left is proving to be too expensive to extract. So there will be no oil or there will be oil with a very high price
Even the oil companies agree on that :
Shell oil commercial :
video.google.com...

Research about EROEI and Export Land Model

Solution : Do what Cuba did when they lost 80% of their oil imports in 1990. Yes the evil, child eating communists from Cuba

seattlepi.nwsource.com...
Spurred into action by the collapse of the Soviet Union and the disastrous effect this had on its subsidized economy, the government of Cuba was forced to take radical steps to feed its people. The solution it chose -- essentially unprecedented both within the developed and undeveloped world -- was to establish a self-sustaining system of agriculture that by necessity was essentially organic.


And besides that they use bicycles a lot , which I would like to see more



[edit on 22-4-2008 by pai mei]
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