Gas Prices

[RotorNutFD3S]

Everyday when I get out of work, gas prices have fallen. Today it is $2.17 per gallon at the places that are usually the most expensive, and $2.15 at the cheaper places. This of course is for regular.
Think we'll see gas for less than $2.00/gallon?
I hope so, but I think OPEC will cut production AGAIN if it gets too close.

[Jack-MX5ATLanta.com]

Yep I agree with you. It would be insane to pay 1.xx for gas, wouldn't feel right.

[amaff]

Opec's not going to cut production. We're not their only market, and, well, they like money. No oil flowing out = no oil coming in, it's that simple. In a lot of those countries, oil IS the economy.

[Jack-MX5ATLanta.com]

It just seems too good to be true at the moment. I really hope the push for alternative fuels continues and people don't get lured into a feeling of false security again.

[ben91]

It will fall a little more before the election, but I'm not expecting to see <$2/gal. It's $2.24 or so for a gal of regular around here today.

[adjake]

I vote yes. As long as the American public keeps getting rid of the gas pig suv and the media keeps scaring everyone into gas saver cars.

This is one area where I think the gov actually needs to get involved

There is no reason for the general public to drive the gas guzzler 5000+ lb trucks. If you think you need to drive one of these than you should be willing to pay a tax every year, either fed or state w/ registration to offset the cost of the gas that feeds these giant pigs. Cars could be taxed on either MPG or by vehicle weight, if you are a business that requires this vehicle than you could be eligible for a tax credit for your business.

Sorry for the rant, but I just can't stand the 100 lb. soccer mom on the phone driving a 20 foot long 6000lb. truck with 1.6 kids in the thing. I grew up in cars my family never felt it necessary to have a giant truck to tote our crap around.

I went to a dealership with a buddy of mine a few months back to help him with the purchase of a not so mini van. Could not believe the amount of crap that his wife felt necessary to tote around everywhere for two small kids.

alright done with the rant...I feel better.

[RotorNutFD3S]

Opec's not going to cut production. We're not their only market, and, well, they like money. No oil flowing out = no oil coming in, it's that simple. In a lot of those countries, oil IS the economy.


You do realize they already did. That's why I emphasized the AGAIN. They cut 1,500,000 barrels per day on the 24th. Although it had no effect on the prices. They just keep falling.

Nice rant. Very true. However, some cars are already penalized against their MPG.

[adjake]

Nice rant. Very true. However, some cars are already penalized against their MPG.


I know that there is a gas guzzler tax, but I don't think it is enough to tax a pig at time of purchase that someone can pay over 3-5 years. Over the life of the loan no one even realizes that they are paying 5-10 bucks a month more. If you hit them every year at the time of registration in one lump sum it will hurt a bit more.

It would just be nice for we as Americans to take some responsibility.

done ranting again....still feel better:)[/quote]

[RotorNutFD3S]

:lol: Just let it all out...

[adjake]

I said my peace, I'm done.:(






http://www.urbandictionary.com/define.php?term=soccer+moms


really I'm done

[Doppelgänger]

Gas guzzler tax does not apply to trucks...which is pure bull****.

"SUVs are not subject to the Gas Guzzler Tax. When the law was first enacted in 1978, SUVs and light trucks represented less than 25% of the vehicles on the road, and were considered primarily work vehicles. Over the last three decades, the use of SUVs has substantially changed, but the law hasn't. Here's a quote from Senate Report 109-082 "Highway Reauthorization and Excise Tax Simplification Act of 2005":" trucks) are exempt. These vehicles include those designed to transport property on an open bed (e.g., pick-up trucks) or provide greater cargo-carrying than passenger carrying volume including the expanded cargo-carrying space created through the removal of readily detachable seats (e.g., pick-up trucks, vans, and most minivans, sports utility vehicles and station wagons). Additional vehicles that meet the `non-passenger' requirements are those with at least four of the following characteristics: (1) an angle of approach of not less than 28 degrees; (2) a breakover angle of not less than 14 degrees; (3) a departure angle of not less than 20 degrees; (4) a running clearance of not less than 20 centimeters; and (5) front and rear axle clearances of not less than 18 centimeters each. These vehicles would include many sports utility vehicles."

**** Congress, EPA, and who ever else is in charge of revising and drafting vehicle code laws for not catching up with this ****.

[belvnmx5]

It just seems too good to be true at the moment. I really hope the push for alternative fuels continues and people don't get lured into a feeling of false security again.


Yep, thats my only fear with the gas prices going lower, people start getting complacent about it again. I NEVER want to experience what we dealt with a few weeks ago after the hurricanes. My next car, at a minimum, better be a hybrid sports car, if not fully electric....

[lance]

I vote yes. As long as the American public keeps getting rid of the gas pig suv and the media keeps scaring everyone into gas saver cars.

This is one area where I think the gov actually needs to get involved

There is no reason for the general public to drive the gas guzzler 5000+ lb trucks. If you think you need to drive one of these than you should be willing to pay a tax every year, either fed or state w/ registration to offset the cost of the gas that feeds these giant pigs. Cars could be taxed on either MPG or by vehicle weight, if you are a business that requires this vehicle than you could be eligible for a tax credit for your business.

Sorry for the rant, but I just can't stand the 100 lb. soccer mom on the phone driving a 20 foot long 6000lb. truck with 1.6 kids in the thing. I grew up in cars my family never felt it necessary to have a giant truck to tote our crap around.

I went to a dealership with a buddy of mine a few months back to help him with the purchase of a not so mini van. Could not believe the amount of crap that his wife felt necessary to tote around everywhere for two small kids.

alright done with the rant...I feel better.



quit wishing the government will get involved with personal decisions.
The market will sort out the SUV issue.
How would you like it if the government decided that two seats was impractical or convertibles should be banned.
Its bad enough that we have the government deciding we are too stupid to know that we have airbags in our cars so we have to live with ugly stickers every where to inform us of the obvious.

[adjake]

Not really wishing that the gov gets involved with more mandates, taxes on pigs yes.

Unfortunately it will take gov involvement to invest in alternative fuels. The only companies with enough cash to invest in real world alternative fuels are the oil companies themselves. Kinda counterproductive!

Anyone hear the latest 3rd qtr oil profits. Exxon Mobil $14.8 BILLION. That is for ONE company in ONE quarter:butt:

[MoD_Scotty]

It's possible that gas will get below $2/gal in some places, but it will definitely not stay that low. Whether OPEC cuts more production or not, and whether or not the US finds a way to buy less foreign oil, the fact remains that China and India will buy up anything we don't. That will increasingly become more important as they become more developed and larger in population. They already account for almost 1/3 of the world's population.

My point is, the demand for oil is only going up. So enjoy these low prices while they last.

[amaff]

Opec's not going to cut production. We're not their only market, and, well, they like money. No oil flowing out = no oil coming in, it's that simple. In a lot of those countries, oil IS the economy.


You do realize they already did. That's why I emphasized the AGAIN. They cut 1,500,000 barrels per day on the 24th. Although it had no effect on the prices. They just keep falling.


There's a difference between OPEC saying they're doing it, and the oil-money dependent countries actually doing it ;).

[RotorNutFD3S]

Opec's not going to cut production. We're not their only market, and, well, they like money. No oil flowing out = no oil coming in, it's that simple. In a lot of those countries, oil IS the economy.


You do realize they already did. That's why I emphasized the AGAIN. They cut 1,500,000 barrels per day on the 24th. Although it had no effect on the prices. They just keep falling.


There's a difference between OPEC saying they're doing it, and the oil-money dependent countries actually doing it ;).


Qatar's energy minister, Abdullah bin Hamad al-Attiyah, announced the decision after a late-night session and said that the production cuts would take effect Nov. 1 and be shared by all OPEC members except Iraq, but he did not say how the cuts would be allocated among the members, a key issue.

Earlier as he arrived for the meeting, Saudi Arabia's Oil Minister Ali al-Naimi threw his support behind a 1 million-barrel-a-day cut in production. "We're trying to get the market back to its normal equilibrium and the price will take care of itself," he told reporters in the Qatari capital.


So yeah, they're doing it.

However, on a nice note, I filled up with regular for $2.09/gallon this morning. Definitely going to enjoy it while it lasts.

[metalman]

Filled at $2.06 an hour ago.

[Grantri]

Exxon Mobil made about 9.8 cents on every dollar of sales

McDonald's Corp. earned 13.8 cents per dollar

Coca-Cola Co. earned 21.2 cents on every dollar of sales.

[simontibbett]

I hope they stay at what they are now, I don't ask for them to go lower lol.

[Synthmob]

In Eatonton, GA last week it was at $1.77 a gallon - dunno what it was there this week, however.

The cheapest I saw today in Macon was $2.17 (cash) gallon reg. unleaded.

[BFH miata]

Anyone hear the latest 3rd qtr oil profits. Exxon Mobil $14.8 BILLION. That is for ONE company in ONE quarter


and as a stock holder, I'm very happy. banana You can be happy about it too, buy some stock. You make it sound like all that money is going into one person's pocket or something? these big companies are owned by stock holders!

Grantri is right, the profit margins for oil companies are lower than a lot of other companies, but no one is screaming for those other companies to be taxed.

[mustangtomiata]

Indeed and not only that but our government between state and federal taxes adds about 45 cents to each gallon of gas. A kid in my government class said he filled up his truck a 1.27/gallon and there was a 30ish minute line to get to the pump.

[Synthmob]

I paid $2.29 for PREMIUM today.

[mustangtomiata]

People with SUV's already fill the extra cost of driving one in the larger amount of gas it takes to fill one up and how often it has to be filled up, do we really need to make their lives harder? On the other note though I know 3 people who drive SUV's and actually need them. I also think the idea of a SUV is dumb for the most part, if you need to haul a truck works much better. And Mike is right **** the government and EPA. The only reason OPEC cut production is because that much less oil is being bought right now, not because they want the price of gas to go back up.

[Synthmob]

Today I paid $1.869 for premium unleaded at Kroger in Macon...

[metalman]

The 'downside' to these 'low' fuel prices are the implications with regard to much
bigger economic issues overall. To me there is much more to worry with there.

[ben91]

Today I paid $1.869 for premium unleaded at Kroger in Macon...

Cheap, but last time I used Kroger permium a few years ago, my benz detonated and the knock sensor pulled back a bunch of timing. I would avoid it. Kroger 87 detonates my truck too if it's over 70 outside.

"Good" premium is around 2.10 here. A couple extra bucks per week is a good idea compared to the cost of a motor.

[RotorNutFD3S]

The 'downside' to these 'low' fuel prices are the implications with regard to much
bigger economic issues overall. To me there is much more to worry with there.

Agreed. But there is not much we can do about it, so I say enjoy the low gas prices while they are here.

[mustangtomiata]

Indeed, gas near my home area is high 1.70's for regular and just under two at school for reguler.