Price of petrol in your area?

   / Price of petrol in your area? #31  
NIXON, My Cummins Dodge gets far better mileage than any of my gas Dodges ever did and hauls and tows better than they would. I know where you're coming from. As far as the laying of blame for our current situation there's plenty to go around, but I agree we can't put it all on people driving large vehicles. Increased MPG would have postponed our current situation, but not cancelled it's eventual arrival. Being 50 and remembering the 73-74 embargo quite well I can quite easily become riled since more wasn't done in the interim to reduce our vulnerability. I can't help but think that if a program had been launched and to use someone else's words, "given the urgency of the WWII Manhattan Project", we would be miles ahead so to speak on the road to energy self sufficiency. Oil companies, auto companies and government all bear some blame there. Of course try to get those three entities to work together. Short term self interests will win out and throw in a little lobbyist pressure ($$$$?) and little or nothing gets done.
Consumers can bear some responsibility for their purchase of large low MPG vehicles, but some consumers actually need these vehicles for their particular circumstances. In defense of consumers, weren't they actually encouraged to spend and consume? After all, it's supposed to be good for the economy!
Throw in some terror fears, the war in Iraq, the decline of the dollar fueled in part by our high deficits, speculative pressure, yes, even some greed and profiteering along with global economic growth pressures, particularly in India and China and you've got the current unhappy trend. Hopefully this situation will lead short term more exploration and supply from oil companies since it should be profitable enough. Long term, I want my flying car I was promised in the 50s and I want it to run on something else! Actually, it doesn't even have to fly as long as it uses a good alternative fuel. As a nation I think we have the intellectual and industrial power to do this. Short term self interests need to take a back seat to a focus on the future. I've got an eight year old son. I'll be long gone before he's my age, but I don't want him to live in a world of inflation and scarcity. I shall now dismount my soap box.
Metro Louisville reg unl 2.09.9 highest ever, diesel 2.09.9 not the highest ever, that was last fall at 2.14.9.
Shelby County first county east of the Metro reg unl 1.95.9 - 1.99.9. Tell me there's not a gouge there re Metro Louisville! Diesel is 2.09.9 in Shelby. DMB
 
   / Price of petrol in your area? #32  
</font><font color="blue" class="small">( Also, what's this talk about being TAXED BY THE MILES that you drive. You know, big brother watching you VIA GPS. I think California is going to be the first state to start something like this if I remember correctly. Anyone else hear about this? Gerard)</font>


Oh yah, its shows promise...

Hey, they will never give up trying to get more tax's from you. Look at all the bitching over Bush tax cuts. Weather you believe its for the rich or what ever, does it not tick you off that all the Dem's only car about it tax's?????? Take a look at the retirement plans for the senators and rep's!! If you should be so luck to find a job paying nearly 100,000 a year + health benefits.
 
   / Price of petrol in your area? #33  
Hey Ralph.....You are living in a glass house...

I don't care how high the price of diesel goes. It could be $5.00 per gallon because as a commercial trucker, I, we just pass the cost on to you as a consumer as a fuel surcharge. Been to the grocery store lately. If you have, I am sure you are feeling it. Right in your wallet. /forums/images/graemlins/grin.gif
 
   / Price of petrol in your area? #34  
Interesting thing they had on this mornings Sunday news program. They claimed in 1981, gas/fuel accounted for 8% of disposable income on average in the US. Even with the rise in prices, in 2005, it accounts for about 5%
 
   / Price of petrol in your area? #35  
Regular unlead 2.079 and on road diesel 2.199 in NE Kansas this morning.
 
   / Price of petrol in your area?
  • Thread Starter
#36  
   / Price of petrol in your area? #37  
Thanks for the link penokee. I wonder what's going to come of it? Gerard
 
   / Price of petrol in your area? #38  
</font><font color="blue" class="small">( Being 50 and remembering the 73-74 embargo quite well I can quite easily become riled since more wasn't done in the interim to reduce our vulnerability. I can't help but think that if a program had been launched and to use someone else's words, "given the urgency of the WWII Manhattan Project", we would be miles ahead so to speak on the road to energy self sufficiency. Oil companies, auto companies and government all bear some blame there. Of course try to get those three entities to work together.)</font>

I'm the same age as you, and stood in line for gas then also.

I'll agree with the government taking some blame - Jimmy Carter and the congress of the time enacted the "Windfall Profits Tax". Money the oil companies legitimately made that could of been plowed back into more drilling and R&D went instead into the insatiable maw of the I.R.S.

No politician is willing to admit to his constituency that we as a country are addicted to cheap middle eastern oil, and that drastic action needs to be taken. Far easier just to let the status quo continue on and try to collect their congressional pension before the wheels fall off the wagon.
 
   / Price of petrol in your area? #39  
</font><font color="blue" class="small">( Interesting thing they had on this mornings Sunday news program. They claimed in 1981, gas/fuel accounted for 8% of disposable income on average in the US. Even with the rise in prices, in 2005, it accounts for about 5% )</font>

Inflation, plus the oil and gas industry has become more efficient with new technology and fewer people. Half a million people lost their jobs in the oil price downturn between 1983-1998.
 
   / Price of petrol in your area? #40  
high fuel prices = more cost to manufacture / deliver goods...more cost to get to work= pay raise which = INFLATION which = higher interest rates...etc,etc,etc...better INVEST in ASSETS and not currency...JMHO..the VALUE of ANY currency is directly tied to the govt's ability to COLLECT taxes..Rome died because of their LACK of ability to collect taxes,cause the heavily taxed land owners moved to the WELFARE cities...why work for taxes when we can get fed and entertained for free...just ONE example
 

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