Actually it’s not even really a friend. More like net-dredging. On the “Self Reliant Living Board” (a site that I have been mocking since it was previously the Michael Hyatt’s “The World’s Going to End on Y2K!” Page) some posted that gas prices will rise to $1.70/gal.
A couple other threads talk about oil and gas problems.
I’m wondering if any of you has heard anything about it.
This is America
A black woman warns cabbies to protect themselves by refusing to pick up young black men.
I have heard somethings about a sharp increase in oil prices but so far I haven’t heard anything about how drastic the resulting gas price explosion will be. Try cnn.com/2000/US/01/26/energy.costs/index.html
A barrel of NYMEX light sweet crude oil (the benchmark you hear on the news occasionally) closed at $27.84 yesterday; in January 1999 it was bouncing around between $12 and $13. Here’s a look at daily crude prices for the last year. Given the general direction of the curve, it’s not surprising that retail prices for gasoline might be subject to upward pressure.
Gas prices here are already at $1.38 a gallon for regular, but it’s hard to determine just how much is general cost increase and how much is local tax. Here, the City shitheads, decided that they were not getting enough taxes from cigarettes, booze and property, so they decided to levy a tax on fuel.
Remembering the great fuel crisis of the 70s due to the Arabic Consortium deciding to gouge the world for more money and the mass problems it created, many of which are still being worked out today makes me wonder about a few things. One is, would those people be smart enough to have realized back then that once they eased up on prices – which they did – that Americans would promptly drop all economy car desires and start producing and buying gas guzzlers – which we did, and IF they waited a bit and THEN UPPED the prices again, that the effect would hit hard on the American economy? The other is, I wonder how much other countries, including America, will tolerate being screwed by inflated fuel prices before someone, say, like America and the UK, find a reason to go in there with the military and take back the oil fields?
Right on, Coldfire! I heartily agree, and point it out to fellow Yanks under ‘it could be worse’!
We Americans tend to be spoiled rotten; a look at what the rest of the world pays (gasoline, telephone, telly etc.) lends perspective. I grew up in Europe, and served active duty Air Force in the UK; what an eye opener!
VB
Remember, you can tune a piano, but you can’t tuna fish!
Well when I was in CA early last year, their cheapest price was about $1.55 a gallon, it was then about .68 cents a gallon in GA. Since it is now $1.12, I can only assume that CA is up past $1.70. This was in Southern CA a little south of LA and north of San Diego.
Any South-CA dopers around? What are the prices there?
So why are American s still buying 8 MPG SUVs in droves??
ITS BECAUSE THEY DON’T CARE!! Even at $1.70 per gallon, you are still paying the same price (in constant dollars) as yoiu were in 1959!
I guess Honda won’t be selling many of those 70 MPG hybrids after all!
