Gasoline

[TheVictors]

Prices hitting two year lows ...despite improving economy. Will lower fuel costs be a catalyst for more growth?

Where is tsmith's face? I want to rub it in the Clarkston dirt.

 

[Thumb]

It's obviously all a trick done by the Obama administration. They are taking money from Obamacare and using it to reduce prices at the pump as a distraction.

But they didn't count on Kid Rock and Ted Nugent having a conference call with Clint Eastwood and figuring it all out.

 

[Sbee]

funny how the president gets blamed for high gas prices but if they go down, it's because he's doing a poor job of handling the recovery

 

[byco42]

Tossing bread to the mob

 

[Thumb]

I'm sure you were trying to make a point there...

 

[TheVictors]

Lower gas prices will lead to bolstered industrial production and manufacturing and dovetail recovering home valuations nicely for the consumer. The US is now a net exporter of fossil fuels and increased efficiencies in the energy sector will be a catalyst for growth.

I wonder why gas prices were so high under Bush? Not that he's friends with any Saudi princes or anything ...I mean, it's not like his middle name is Hussein, which would prove he's one of them.

 

[Mitchrapp]

My theory is they raise the prices so high that when they come down we're all like - yeah baby. In the end they're still high. Should be about $1.50 a gallon.

 

[Thumb]

My theory is they raise the prices so high that when they come down we're all like - yeah baby. In the end they're still high. Should be about $1.50 a gallon.

Everyone in the rest of the world (non-N. America) says go fuck yourself.

Try buying gas in Europe some time, see how good of a deal we get on it.

 

[Mitchrapp]

Who cares about fuckin' Europe. Gas has been so high for so damn long it should be much lower. And Michigan, they've been fucking with everyone. If I'm not mistaken one of the highest gas tax in the country. Behind the likes of high everything states, California, NY, Hawaii..Yeah that's fair.

 

[Thumb]

Who cares about fuckin' Europe. Gas has been so high for so damn long it should be much lower. And Michigan, they've been fucking with everyone. If I'm not mistaken one of the highest gas tax in the country. Behind the likes of high everything states, California, NY, Hawaii..Yeah that's fair.

Says the guy bitching gas prices are too high, but show him how good he actually has it and he wants to say "who cares about anyone else".

Spoiled brats outlook.

http://www.ibtimes.com/gas-prices-pump-europeans-pay-almost-twice-much-us-residents-1322727

 

[TheVictors]

Michigan has always gotten great Fed Highway funds because of MoTown so while fuel taxes may be high, the highways in MI are incredibly well-maintained and constructed. I don't disagree with the idea that gas would be fairly priced at $1.50/gallon but that's not happening and prices in the US are benefitting from subsidization.

The main reason for higher fossil fuel prices is because of increased global consumption coming out of emerging and developing markets. Whether China or Latin/South America or Asia, more people drive like Americans than ever before and Americans themselves drive more than ever before (one car/household to three now).

Oil. Gasoline. Or Petrol, as they say...

Wait until it's water that's in demand....

 

[Mitchrapp]

Michigan has always gotten great Fed Highway funds because of MoTown so while fuel taxes may be high, the highways in MI are incredibly well-maintained and constructed. I don't disagree with the idea that gas would be fairly priced at $1.50/gallon but that's not happening and prices in the US are benefitting from subsidization.

The main reason for higher fossil fuel prices is because of increased global consumption coming out of emerging and developing markets. Whether China or Latin/South America or Asia, more people drive like Americans than ever before and Americans themselves drive more than ever before (one car/household to three now).

Oil. Gasoline. Or Petrol, as they say...

Wait until it's water that's in demand....

What? Michigan isn't even close to incredibly well maintained and constructed. They have some of the worse roads in America.

 

[Mitchrapp]

Says the guy bitching gas prices are too high, but show him how good he actually has it and he wants to say "who cares about anyone else".

Spoiled brats outlook.

http://www.ibtimes.com/gas-prices-pump-europeans-pay-almost-twice-much-us-residents-1322727

Okay, how about Venezuela. 19 cents a gallon. As long as we're comparing..

 

[Thumb]

Okay, how about Venezuela. 19 cents a gallon. As long as we're comparing..

Yeah, they produce the oil. and we buy a shitload of it from them.

Gas is cheap in Saudi Arabia too, it's one of the perks.

 

[Mitchrapp]

Just saying, why should I be happy with prices that got lowered to what we just had not all that long ago. It's not like the current price is a 10 year low. 2 years or so ago..and this just affords them to move it back up in 3 months but as long as its lower than it was last year..

3.19 is average, which means Michigan is what 3.30? IMO, its still too high.

 

[Mitchrapp]

And don't forget the price hike in the annual fake refinery mishap.

 

[Thumb]

Gas is never going to be what it was. We live in the age of $4/gal. gasoline, when the price drops a bit, people complain more it seems....

*shrug*

 

[Mitchrapp]

Gas is never going to be what it was. We live in the age of $4/gal. gasoline, when the price drops a bit, people complain more it seems....

*shrug*

Because I don't see why it should be that high. And the fact I'm on the side of "drill in Alaska" camp.

 

[Thumb]

The naive camp that think if we set up drilling for oil in Alaska that Exxon-Mobil, or Chevron, or whoever controls it will sell it any cheaper?

We are the 3rd largest supplier of oil in the world. Only Russia (9.9) and Saudi Arabia (9.7) produce more MBD [millions of barrels per day] than we do (9.1). Which is one of the main reasons we don't pay as much as many countries do.

Our big problem is we are the biggest consumer (18.8 MBD) by far, more than the total of the next 4 nations combined, China (8.3), Japan (4.4), India (3.1), and Russia (2.7).

So ask yourself, why don't we have cheap gas already, even without more drilling in remote Alaska? Because we will never be able to produce what we consume.

We use too much as it is, we should be paying more than we are. Or learning to use less.

 

[Michchamp]

solutions: move to a city with mass transit and actually use the bus/train more.

or drive a Prius.

or don't complain.