High Gas Prices

Bryan · 03-09-2004, 09:12 PM

With gas prices climbing to a new record high, I have begun to wonder. What can the president do combat high gas prices.

I know that he could lower taxes on gas, but what else can be done?

**+Donny** · 03-09-2004, 09:37 PM

get some marines and abolish OPEC.

Stupid OPEC.

JerryLove · 03-10-2004, 05:52 AM

Actually, oil prices are not at an all-time high... just Gas prices. OPEC sets the price of oil, and even then only on its own oil... much of ours comes from South America.

Right now my state is investigating the gas companies for gouging. The state has pointed out that oil has gone up by $1 per barrel in the same time gas has gone up $.35 per gallon.

CallingTheKtulu · 03-10-2004, 02:39 PM

i really think that they're gouging. it makes no sense that in 4 days, gas went up 10 cents/gallon in my state 2 weeks ago... well, it does, but its just not keeping flow with the price of oil. second to last last time i filled up my tank, it cost me 20 bucks, just about even. i filled my tank up 3/4 of a tank last week, and it cost me $25. thats $30 a tank, a $10 increase, in just a few months. and i know oil isnt that expensive. And gas is supposed to go higher, to $3/gallon this summer, and if that happens, i'll be biking just about everywhere i need to go...

Bryan · 03-10-2004, 04:24 PM

Quote:

Originally Posted by JerryLove

Actually, oil prices are not at an all-time high... just Gas prices. OPEC sets the price of oil, and even then only on its own oil... much of ours comes from South America.

Right now my state is investigating the gas companies for gouging. The state has pointed out that oil has gone up by $1 per barrel in the same time gas has gone up $.35 per gallon.

this is true, only about 10% of our oil comes from the Middle East, if I recall correctly.

One thing I have heard is something called boutique gas. basically different states have different standards for quality of gasoline, some require different additives than others. So it boils down to a lower supply in gasoline for each type which causes the prices to go up. If we had a nationwide standard for the type of gasoline that was to be used it would make things a lot better. The supply for that type of gasoline would increase and lower prices.

**+Donny** · 03-10-2004, 05:06 PM

Quote:

OPEC sets the price of oil, and even then only on its own oil... much of ours comes from South America.

About what percentage of the world's oil is in the hands of OPEC companies? I really have no clue at all.

JerryLove · 03-10-2004, 06:02 PM

Quote:

And gas is supposed to go higher, to $3/gallon this summer, and if that happens, i'll be biking just about everywhere i need to go...

If that happens, you might as well start filling out your congradualtions cards to Kerry / condolance cards to Bush... That would be a 50% increase of the historical record.

CallingTheKtulu · 03-10-2004, 09:52 PM

Quote:

Originally Posted by JerryLove

If that happens, you might as well start filling out your congradualtions cards to Kerry / condolance cards to Bush... That would be a 50% increase of the historical record.

i se it getting at least over $2 during the summer, its already $1.80 where i live, and thats for the cheapest gas, its $1.95 for premium... its nuts, i tell you... i can see over $2 easy, i honestly doubt $3, cause that was prediced for two summers ago as well, but still, over $1.50 is too much in my opinion...

perhaps · 03-11-2004, 02:36 AM

Just wait until we run out of gasoline altogether and we won't have to deal with this problem.

Jay42 · 03-11-2004, 07:03 AM

Would we finally convert to Dean Kamen's fantasy Segway world?

Or perhaps Americans would still find a way to make it corrupt...

JerryLove · 03-11-2004, 07:20 AM

Hey! Serveral of my closest family members and I all drive Corollas (Prius still carries too much of a price premium) and get better than 30 MPG, thank you very much!

**Rach** · 03-11-2004, 07:29 AM

Quote:

Originally Posted by CallingTheKtulu

i se it getting at least over $2 during the summer, its already $1.80 where i live, and thats for the cheapest gas, its $1.95 for premium... its nuts, i tell you... i can see over $2 easy, i honestly doubt $3, cause that was prediced for two summers ago as well, but still, over $1.50 is too much in my opinion...

Wow, $1.80 a gallon?! It hasn't been that cheap around here for months. It is over $2.20 a gallon down here in Southern California.

brockleeman · 03-11-2004, 04:35 PM

Quote:

Originally Posted by Bryan

With gas prices climbing to a new record high, I have begun to wonder. What can the president do combat high gas prices.

I know that he could lower taxes on gas, but what else can be done?

I live in San Diego, home of the highest prices in the Nation. If John Kerry and the rest of the dems hadn't blocked the bill that proposed drilling in Alaska (the second largest oil deposit in the world) then we wouldn"t have to rely on OPEC or South America. Think about that as November approaches and you are paying $50 -$100 a week like I am.

JerryLove · 03-11-2004, 04:40 PM

Quote:

I live in San Diego, home of the highest prices in the Nation. If John Kerry and the rest of the dems hadn't blocked the bill that proposed drilling in Alaska (the second largest oil deposit in the world) then we wouldn"t have to rely on OPEC or South America. Think about that as November approaches and you are paying $50 -$100 a week like I am

That's a false delimma as gas prices have risen disproportionally to the cange in price of oil: http://www.wtrg.com/prices.htm

Since it is not an oil shortage.. nor indeed high oil prices that are to blame, your accusation that drilling more would mean lower prices is false. Prices have been as high as $60 per barrell... right now they are $32... and yet gas prices have set an all-time high.

I take it you don't live in Alaska. Do you really want me to make a dozen differnet cases on why it can be a good idea to not drill?

brockleeman · 03-11-2004, 05:10 PM

Quote:

Originally Posted by JerryLove

That's a false delimma as gas prices have risen disproportionally to the cange in price of oil: http://www.wtrg.com/prices.htm

Since it is not an oil shortage.. nor indeed high oil prices that are to blame, your accusation that drilling more would mean lower prices is false. Prices have been as high as $60 per barrell... right now they are $32... and yet gas prices have set an all-time high.

I take it you don't live in Alaska. Do you really want me to make a dozen differnet cases on why it can be a good idea to not drill?

Go for it.