Gas expected to peak at $3.60 a gallon

[GasSavers_SD26]

Originally Posted by JanGeo

Gasoline in other countries usually have a high precentage of tax on it which paves the roads etc whereas in this country paves the pockets of the oil companies . . . that said.

That said...

Taxes are high in other countries because they are socialist welfare states that force their citizens in to paying substantial taxes to subsidize, well, pretty much everything.


I have mutual funds. Mutual funds own portions of oil companies, foreign and domestic. That's good business in addition to good personal finance.

In the periods that oil companies have made profits, the taxes that US governments have levied on the companies personal profits, andmy mine as an owner of mutual funds and at times individual stocks, have exceeded the profits.

Governments are not good investments. They are wasteful, inefficient, and lack honest accountability.

[milesgallon.com]

I pay $6.85/gallon and I have not seen anyone here (Finland) drive less because of the gas price so you have a long way to go in the US before gas price actually reduces driving.

Of cource the high gas price do tend to make people select smaller and more fuel efficient cars.

And it might limit the distance I will move away from where I work, the cost of going to work is a big consideration when searching for a place to live.

Still at $6.85 the cost of lost working time sitting in the car is higher than the cost of the fuel so going slow is not really profitable even if it's good for the enviroment.

(I still go slow as I like the competetive part of trying to get the best milage out of my car and I like to give the enviroment a helping hand where possible)

Simon

[thisisntjared]

Originally Posted by Hateful

Dairy should be removed from the food pyramid

no way! cheese is awesome!!

anyway i think higher gas prices are good as long as they do effectively force efficiencies on the consumer.

i mean ideally you would want the price to jack up, consumers get wise, prices plateau(or better: drop), then the economy stabilized.

as a culture we still consume so much gas. look at european highways? how many 3mpg mac trucks do you see on their roads?

if we (as a culture) could learn to adapt we would be fine and our economy wouldnt be headed toward such a hole.

[bowtieguy]

my local newspaper listed a national(US) survey asking what is the greatest concern in our economy. the highest response(30%) was fuel prices.

now think for a moment about "responsible" people of the lower and middle classes of income earners...

my thought is towards the ones that either have no car payment(s) or a very low used car loan. also consider those that do not have mass transit as an alternative.

certainly THOSE are the ones that have a fuel bill as their greatest payment other than mortgage/rent and food. and there is talk that significantly raising fuel prices MUST happen? it seems as tho "mother earth" is more important than "fellow brothers and sisters."

no doubt we are consuming too much of fossil fuels creating massive pollution, but until we have an affordable replacement, this is what we do to function. there is no justification in punishing all(even tho the greatest earners are not really affected) for the sin of some!(many?)

when things were tough, i used to purchase $500 and similarly priced vehicles to get by. now, someone that can only afford this price range is going to pay THAT purchase price several times over in gas? NO WAY!

i do not know what the payment of new car is. i do know that an inefficient car that is paid for leaves an individual in a better financial state. it is my experience that larger vehicles are easier to find in better shape and for a better price especially with older sellers.

there are better ways to influence people to make smarter consumer choices be it what to purchase, how to consume(drive), or when(how often) to use.
raising taxes is not entirely effective nor is it fair!

[StorminMatt]

Originally Posted by thisisntjared

no way! cheese is awesome!!

There's nothing wrong with consuming dairy products. Non-fat dairy products in particular are VERY healthful foods. Rather, my point is that there is nothing about dairy products that justifies them being put in their own food group, whose consumption is absolutely mandatory. As I said, dairy products are really a meat alternative more than anything else.

[thisisntjared]

bro, i dont really have an opinion. i was just trying to start my post on a lighter note

[Hateful]

I'm totally in favor of " a lighter note" and don't really care how much dairy people consume; cows need jobs too. I just don't think it's good for me and causes sour body odor,so I don't.
On the oil thing; I'm not that concerned about the environment,but more where this oil is coming from and the lack of control we have over it.Not trying to conserve oil or replace it with something else only hurts the guy just trying to get by. Increase demand raises prices.Using more fuel in an SUV only raises the price to fill up that guy's pinto.
THE MAN WITH THE UMBRELLA DID NOT MAKE IT RAIN ON YOU.

[civic94]

I think 5 a gallon would make americans actually sell their suv's and get smaller cars.

5 a gallon would make me buy a bike to go to work, since that would make me fill up my civic 10 gallon tank to 50 bucks, or a whole days WAGE after taxes

[thisisntjared]

Originally Posted by civic94

I think 5 a gallon would make americans actually sell their suv's and get smaller cars.

5 a gallon would make me buy a bike to go to work, since that would make me fill up my civic 10 gallon tank to 50 bucks, or a whole days WAGE after taxes

get another job!

[civic94]

Originally Posted by thisisntjared

get another job!

your in south jersey right? (talked to you last time about the supermid) anyways if you didnt notice, philly's jobs are really low paying, theres alot of college grads here make close to minimum wage

the economy isnt all that great nationwide anyways