Are Gas Prices Rising In Your Area??, page 1

I posted about this on the The "up-to-the-minute Market Data" thread about how I noticed that Oil prices have been sneaking up. They are now near $60 a barrel, that’s almost double from where they were at the end of 2008/begining of 2009.

I am worried about what happens if oil reaches $80 - $100 a barrel this summer while more and more people are trying to do more with less.

reply to post by unityemissions

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The oil prices fluctuate based on economic data...just as the rest of the stock market does.

When bad things come out...it usually goes down as it's seen as a possible lower demand...and vice versa.

Lately we've been hearing how it's "Supposedly" not as bad as it was...hence the rise in prices.

it's probably not the only reason...but i'm sure it's part of it.

reply to post by jd140

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Ive seriously though about getting a motorcycle, I hear boasting of current owners of them. I seriously just might. Well until the gov't bans those too.

reply to post by XTexan

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If it gets that high it will be because of inflation...not because of an improving economy.

If it were to jump to 4.00 a gallon tomorrow...under these conditions...it would most likely kill the economy.

people would cut back even more....go out less...buy less....and make things far worse. High gas prices will equal more layoffs...more unemployment...after all...gas prices helped get this "recession" going. People started cutting back when prices spiked last year.

Gas prices staying low are vital at the moment...IMO anyway.

Check out this chart of gas prices over the last 3 months. Seems like the typical Memorial Day price gouging. Exxon does need to make more money that any corporation in the history of the world. [again]

Originally posted by Republican08
reply to post by jd140

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Ive seriously though about getting a motorcycle, I hear boasting of current owners of them. I seriously just might. Well until the gov't bans those too.

If they get banned then I better get a car of equal value. I hear you can get a nice car for about 35 grand.

Get a touring bike. They are big, but you have storage, plus you can get a model with or without a 6 disc cd changer, radio, cb and cup holder.

I recently went from Kansas to Georgia and back on my HD road king and am now a firm believer every man should take a 1 or 2 week trip on a motorcycle.

reply to post by David9176

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Ya thats what I meant, I didn't mean to imply that it was going up because of the economy getting better, I think we're still a ways off before the economy picks up.

And if gas prices do spike again, which they should... I mean nothing has been done since the last spike to prevent another one, and now its combined with the fact that the dollar is worth even less than it was during the last spike... If they do spike, its gonna get really bad.

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