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Author Topic: Future gas prices  (Read 8600 times)

Offline washelkhntr

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Future gas prices
« on: April 23, 2011, 11:15:12 PM »
I have a bad feeling we will be seeing over $5.00 a gal by this fall.
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Offline Bean Counter

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Re: Future gas prices
« Reply #1 on: April 23, 2011, 11:23:27 PM »
I picked $4, but I'll be surprised if they're that high. Gas prices usually peak in the summer. So I guess that means it doesn't "pay" to scout this hunting season?  :dunno:

Offline fair-chase

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Re: Future gas prices
« Reply #2 on: April 24, 2011, 12:25:14 AM »
How come the poll stops at 6 dollars? I need a little more room here.

By mid summer I'm thinking 5.50, by next summer 8-10. It really all depends. Will the middle east calm down anytime in the near future or will it continue to escalate? Will a version of cap and trade get pushed through before the end of this administration? Will Obama lighten restrictions on oil drilling and processing? After you answer these questions take a deep breath, a shot of whiskey, and buy a horse.  :chuckle:

Offline Lincoln4

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Re: Future gas prices
« Reply #3 on: April 24, 2011, 05:44:33 AM »
Five to Six this summer. And then when the economy double-dips, it'll come back down... :(
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Offline oldleclercrd

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Re: Future gas prices
« Reply #4 on: April 24, 2011, 08:36:16 AM »
Kinda a depressing thread.
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Offline singleshot12

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Re: Future gas prices
« Reply #5 on: April 24, 2011, 08:40:56 AM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!
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Offline jharstad

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Re: Future gas prices
« Reply #6 on: April 24, 2011, 09:25:27 AM »
what do you mean by double dip?

Offline Button Nubbs

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Re: Future gas prices
« Reply #7 on: April 24, 2011, 09:37:06 AM »
Its when you dip a chip in salsa take a bite and then dip it again. :chuckle:
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Offline Rhinoron247

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Re: Future gas prices
« Reply #8 on: April 24, 2011, 09:58:57 AM »
It's not the gas prices that make the real long term dent in our lifestyle.  If you look at the prices of goods sold, food and other consumables after the last Gas hijacking they all steadily increased as a result of the fuel prices going up.  Then after the prices dropped back down,  there was not a dramatic price drop in these same consumables items.  It's the long term effects that get us. 

Also, If you notice the auto industry capitalizes on the inflated fuel pricing by leaking out better fuel economy technology in the new cars that has been on the shelves for years.  Our NEW 40 mpg cars are now running on 20 year old technology.   :bash: :bash: :bash:

One would think as the MPG goes up and the fuel prices go up it should be a wash.  But it's now!!




Offline wsmnut

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Re: Future gas prices
« Reply #9 on: April 24, 2011, 10:25:22 AM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!

The speculation market is exactly the reason for high gas and oil prices.  Congress refuses to reform the regulations on those markets.  Drilling anywhere will not have any effect on these prices because any supply will be "speculated".
We have the best congress money can buy.  And Big Oil and Big Banks own the congress.
Expect the wild ride to continue until there is some meaningful reform accomplished.  These "patriots" that do this speculation are holding our economy hostage to their huge profits and bonuses.
Oil goes up, the national and world economy withers, and the middle class continues to disappear.

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Offline BigD

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Re: Future gas prices
« Reply #10 on: April 24, 2011, 10:35:55 AM »
If I remember correctly I paid about 3.80 to fill my diesel tank a few months ago :)  Should last till next spring when it dips again   :)

Offline Bean Counter

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Re: Future gas prices
« Reply #11 on: April 24, 2011, 02:34:04 PM »
Latest excuse for high prices "The speculators"  :bash: Hell why don't they just raise it up to $20 a gallon?
High gas prices effect everything.  Meanwhile the middle class go extinct!

The speculation market is exactly the reason for high gas and oil prices.  Congress refuses to reform the regulations on those markets.  Drilling anywhere will not have any effect on these prices because any supply will be "speculated".
We have the best congress money can buy.  And Big Oil and Big Banks own the congress.
Expect the wild ride to continue until there is some meaningful reform accomplished.  These "patriots" that do this speculation are holding our economy hostage to their huge profits and bonuses.
Oil goes up, the national and world economy withers, and the middle class continues to disappear.

wsmnut

Sorry sir, but this is incorrect. Supply and demand are exactly the reason for oil and gas prices, high or low. Sure, there are a slew of economic anomalies distorting what could be a simple graph of supply and demand (taxes, regulation, futures and options markets aka "speculators"), but at the end of the day, these are just influences, not the underlying determinant of market price.
« Last Edit: April 24, 2011, 02:39:48 PM by Bean Counter »

Offline alanger

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Re: Future gas prices
« Reply #12 on: April 24, 2011, 02:44:39 PM »
idk its a 4 bux a gal right now, and diesel is almost 4.50 so who knows.
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Offline jaymark6655

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Re: Future gas prices
« Reply #13 on: April 24, 2011, 03:07:19 PM »
For all you people saying $4 I already paid $4.21 at the pump this morning and it is not even summer yet. So you may want to reconsider.
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Offline mjbskwim

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Re: Future gas prices
« Reply #14 on: April 24, 2011, 04:06:09 PM »
Look for small pick ups and wagons for sale right around August.
Get your tent ready,cause it will cost you $400 to drive the truck and camper to your unit.

Offline Button Nubbs

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Re: Future gas prices
« Reply #15 on: April 24, 2011, 04:21:39 PM »
A couple of the guys I hunt with won't be gettin free rides anymore because I have a truck. Cash grass or ass noone ridin for free...
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Offline alecvg

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Re: Future gas prices
« Reply #16 on: April 24, 2011, 04:32:29 PM »
In relation to the 1980s, with inflation, gas isn't any more expensive, we just have too much other *censored* to spend our money on now that makes the cost of living so expensive (cell phones, internet, cable, etc)  That being said, thank goodness I dont road hunt!
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Offline TheHunt

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Re: Future gas prices
« Reply #17 on: April 24, 2011, 06:48:21 PM »
There is a bill trying to get on the floor that is trying to make the automobile industry to add $120.00 of additional equipment to run pure alcohol.  Brazil runs their entire small automobiles off alcohol.

We could do the same for all rigs 1/2 ton and lighter.  3/4 and above could use gas or diesel therefore you still have the power needed for haul the heavy loads. But from what I hear pure alcohol is hard on an engine.  But I do not know the details. 

I do believe there are lots of big oil owns our congress...   

 
275 down 2

Offline tarbabyone

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Re: Future gas prices
« Reply #18 on: April 24, 2011, 07:09:15 PM »
Well you can complain about the prices but people still pay more for bottled water.  I think there are more than 70 cents taxes on a gallon of gas.  We are not developing our own resources so we will compete on the world market.  As the value of the dollar goes down we will have a harder time getting oil at a reasonable amount.  I have worked in the oil industry for over 30 years.  It is one of the few good paying local jobs.  We have spent millions to upate our refineries as dictated by the federal government.  Someone has to pay for upgrades.  My company cannot run its business the way the U.S. government does. 
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Offline WonkyWapiti

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Re: Future gas prices
« Reply #19 on: April 24, 2011, 07:37:09 PM »
I paid $4.06 a gallon in Maple Valley today and then hit the annoying $75 mark with my pickup and the pump shut off.  If the prices go up much higher they are going to have to raise that $75 limit on credit card purchases.

Offline hunter105

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Re: Future gas prices
« Reply #20 on: April 24, 2011, 08:05:30 PM »
Hey washelkhntr you know I work for big oil so how much does gas cost?  I haven't had to buy it in years  :chuckle:.  Everyone needs to remember the refiners mostly buy their oil a couple months in advance so why is gas going up because oil goes up yesterday?  The way pricing is done on finished product compared to the price of crude needs scrutiny.  Demand is down so why is the price so high for all those supply side economists?

Offline Armadillo

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Re: Future gas prices
« Reply #21 on: April 24, 2011, 08:13:34 PM »
  I think there are more than 70 cents taxes on a gallon of gas.

Even when you take out the taxes the cost per gallon is horrendous..even when the cost per barrel is down the finished product does not reflect the proportion that was dropped. I've often wondered that
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Offline Alchase

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Re: Future gas prices
« Reply #22 on: April 25, 2011, 07:46:40 AM »
I paid $3.49 a gallon yesterday in Coeur D`Alene ID, then $3.98 a gallon back here in Puyallup last night.  :bash: 
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Re: Future gas prices
« Reply #23 on: April 25, 2011, 10:37:10 AM »
I'm surprised more of you don't have s sense of history... This same thing happend in the 70s. Propane conversions were real big then, how popular are they now? Everything has a trade off. Fuel is the most sensitive commodity to price. once it is pumped out of the ground it is difficult and expensive to store. You don't like high fuel, don't drive you 1 ton to work.  :twocents: Prices did come down from their high 2 years ago when more people  carpooled & commuted w/ better efficiency cars.
I want to leave you with a couple of thoughts
I have an 84 4wd Subaru wagon that gets 30mpg
I have customers in BC that have 4wd 4door Toyota Hilux (Tacoma) diesel that get 35mpg lifted.
In Europe they make a diesel for my wife's ford focus that gets 55mpg
The STATE is going to start taxing ELETRIC cars because they pay enough tax
There is a reason they call oil BLACK GOLD!
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Re: Future gas prices
« Reply #24 on: April 25, 2011, 10:45:52 AM »
There is a bill trying to get on the floor that is trying to make the automobile industry to add $120.00 of additional equipment to run pure alcohol.  Brazil runs their entire small automobiles off alcohol.

We could do the same for all rigs 1/2 ton and lighter.  3/4 and above could use gas or diesel therefore you still have the power needed for haul the heavy loads. But from what I hear pure alcohol is hard on an engine.  But I do not know the details. 

I do believe there are lots of big oil owns our congress...

Glad I'm not the only one to know that, about Brazil that is.   They use Sugar Cane. Using the energy you could get from one gallon of gas they make 9 gallons of alcohol (corn is a 3 to 1 loss)  You can get kits for under$400 to convert most cars, but what it does to engines I really don't know, or who to believe.

 


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