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Old 04-23-2007, 09:40 AM  
Donger Donger is offline
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Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab

http://www.bloomberg.com/apps/news?p...d=afOlUzd30YOo

Pretty alarmist, IMO, but possible.

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Last edited by Donger; 10-10-2014 at 02:43 PM..
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Old 02-20-2013, 12:19 PM   #3961
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Originally Posted by Bugeater View Post
You don't remember correctly. It fell from record highs that summer to under $2/gal in some places.
Wasn't that after the economy went into the tank? Maybe it was 04 I was thinking of then, but I was thinking it was 08 because I remember the "Drill Baby Drill" chant from the Republicans.
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Old 02-20-2013, 12:26 PM   #3962
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Originally Posted by BigCatDaddy View Post
Wasn't that after the economy went into the tank? Maybe it was 04 I was thinking of then, but I was thinking it was 08 because I remember the "Drill Baby Drill" chant from the Republicans.
Yeah, that was the year the economy tanked, and supposedly that was why it dropped so dramatically and it was right around election time. But it was just a coincidence, y'know.
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Old 02-20-2013, 12:27 PM   #3963
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Originally Posted by Bugeater View Post
Yeah, that was the year the economy tanked, and supposedly that was why it dropped so dramatically and it was right around election time. But it was just a coincidence, y'know.
I'm sure it is, but if I profited from high prices of gasonline I would probably try to not make it an election time issue. Just a bone for the conspiracy theorist.
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Old 02-20-2013, 12:30 PM   #3964
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As has been said many times, there is very little that POTUS or our government can do to influence crude or gasoline prices. Releasing crude from the SPR, lowering gasoline taxes and getting involved in a war(s) are basically it.
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Old 02-20-2013, 12:44 PM   #3965
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Quote:
Originally Posted by Bugeater View Post
You don't remember correctly. It fell from record highs that summer to under $2/gal in some places.


It was 2008. I remember paying nearly $4 around Aug/Sept that year...and around Christmas time paid around $1.50. Wild year
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Old 02-20-2013, 12:45 PM   #3966
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Quote:
Originally Posted by Donger View Post
As has been said many times, there is very little that POTUS or our government can do to influence crude or gasoline prices. Releasing crude from the SPR, lowering gasoline taxes and getting involved in a war(s) are basically it.
Whats driving this recent upward trend? I thought we all sold our SUVs for Prius's a few years ago?
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Originally Posted by Cassel's Reckoning:

Matt once made a very nice play in Seattle where he spun away from a pass rusher and hit Bowe off his back foot for a first down.

One of the best plays Matt has ever made.
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Old 02-20-2013, 01:39 PM   #3967
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Originally Posted by Donger View Post
There isn't any gouging.
With Crude trading at below $100 a barrel there certainly is.
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Old 02-20-2013, 01:40 PM   #3968
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Quote:
Originally Posted by Deberg_1990 View Post
Whats driving this recent upward trend? I thought we all sold our SUVs for Prius's a few years ago?
I already answered this.
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Old 02-20-2013, 01:41 PM   #3969
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Quote:
Originally Posted by WV View Post
With Crude trading at below $100 a barrel there certainly is.
Sorry, but I don't know what you mean by that. What price do you think gasoline should be at ~$100 crude?
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Old 02-20-2013, 01:57 PM   #3970
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Originally Posted by Donger View Post
Sorry, but I don't know what you mean by that. What price do you think gasoline should be at ~$100 crude?
Better yet you tell me why it should be $4 a gallon for reg here when its never been this high based on crude prices in the past. At minimum gas prices shouldn't get to $4 a gallon until crude gets well over $100 a barrel and its at about $97 now.
You say there's nothing the Govt can do, but I say BS (They choose not to). Its not like refining gas has changed that much, they are raising the prices because they can.
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Old 02-20-2013, 01:59 PM   #3971
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Originally Posted by Donger View Post
Sorry, but I don't know what you mean by that. What price do you think gasoline should be at ~$100 crude?
It was about this high when crude was at $120 several years back, was it not?

The current pump price does seem too high when compared to recent history.
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Old 02-20-2013, 02:07 PM   #3972
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Quote:
Originally Posted by WV View Post
Better yet you tell me why it should be $4 a gallon for reg here when its never been this high based on crude prices in the past. At minimum gas prices shouldn't get to $4 a gallon until crude gets well over $100 a barrel and its at about $97 now.
You say there's nothing the Govt can do, but I say BS (They choose not to). Its not like refining gas has changed that much, they are raising the prices because they can.
Gasoline isn't at $4.00. It is at $3.74
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Old 02-20-2013, 02:09 PM   #3973
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Quote:
Originally Posted by DJ's left nut View Post
It was about this high when crude was at $120 several years back, was it not?

The current pump price does seem too high when compared to recent history.
Yes, in 2008. I would argue that was an outlier. 2008 was certainly an unprecedented year in the industry. The price of crude went up massively and quickly, and then fell just as hard.
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Old 02-20-2013, 02:09 PM   #3974
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Gasoline isn't at $4.00. It is at $3.74
It's $3.99 here. I realize that part of that is state taxes and WV's are far too high, but even still we shouldn't be hitting this mark yet.
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Old 02-20-2013, 02:10 PM   #3975
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You say there's nothing the Govt can do, but I say BS (They choose not to). Its not like refining gas has changed that much, they are raising the prices because they can.
Of course, the government could introduce price controls. That didn't exactly work out very well when it was done before. I was just giving real world, viable examples.
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