# Gas Prices

**URL:** <https://forums.speedlife.net/t/gas-prices/4271>\
**Category:** NYSpeed Off Topic\
**Created:** [November 7, 2005, 10:20am UTC](https://forums.speedlife.net/t/gas-prices/4271 "2005-11-07T10:20:07Z")\
**Posts on this page:** 16\
**Page:** 1

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [November 7, 2005, 10:20am UTC](https://forums.speedlife.net/t/gas-prices/4271/1 "2005-11-07T10:20:07Z")

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Shortly after Katrina, in the wake of $3.50 a gallon gas, Steve Forbes went against all the doomsday predictions and said gas would fall back below $2 a gallon, possibily as soon as the end of this year.

Today gas prices have fallen below the pre-Katrina prices but the same people predicting $6 a gallon gas are now saying the current price drops are likely to slow.

[http://www.cnn.com/2005/US/11/06/gas.prices/index.html](http://www.cnn.com/2005/US/11/06/gas.prices/index.html)

Who do you believe? I’m sticking with a guy who makes millions off knowing what the economy is going to do instead of a journalist trying to get ratings up.

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [November 7, 2005, 10:27am UTC](https://forums.speedlife.net/t/gas-prices/4271/2 "2005-11-07T10:27:19Z")

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> [@JayS](#):
>
> Who do you believe? I’m sticking with a guy who makes millions off knowing what the economy is going to do instead of a journalist trying to get ratings up.

4L.

I was on Forbes side when I originally saw that stmt.

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**Author:** ![POOPRA](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/poopra/32/7188_2.png) [@POOPRA](https://forums.speedlife.net/u/POOPRA)\
**Post date:** [November 7, 2005, 10:37am UTC](https://forums.speedlife.net/t/gas-prices/4271/3 "2005-11-07T10:37:06Z")

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the oil companies are fucking us hardcore, making billions in profits

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 7, 2005, 10:42am UTC](https://forums.speedlife.net/t/gas-prices/4271/4 "2005-11-07T10:42:08Z")

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I posted a while back about M. Steven Forbes saying that oil was only $10 a barrel a few years ago and now it is $70.  
He says $30 a barrel is close to what it should be.  
Hopefully he is right.

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**Author:** ![Blue\_Eyed\_Devil](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/blue_eyed_devil/32/7292_2.png) [@Blue\_Eyed\_Devil](https://forums.speedlife.net/u/Blue_Eyed_Devil)\
**Post date:** [November 7, 2005, 10:44am UTC](https://forums.speedlife.net/t/gas-prices/4271/5 "2005-11-07T10:44:24Z")

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> [@POOPRA](#):
>
> the oil companies are fucking us hardcore, making billions in profits

THE OIL COMPANIES MADE THE LARGEST PROFITS OF ANY INDUSTRY IN THE HISTORY OF EARTH LAST QUARTER.

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**Author:** ![walter](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/walter/32/7202_2.png) [@walter](https://forums.speedlife.net/u/walter)\
**Post date:** [November 7, 2005, 10:45am UTC](https://forums.speedlife.net/t/gas-prices/4271/6 "2005-11-07T10:45:44Z")

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It’s all still artificial inflation based on the fears and ignorance of the public.

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**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\
**Post date:** [November 7, 2005, 11:33am UTC](https://forums.speedlife.net/t/gas-prices/4271/7 "2005-11-07T11:33:41Z")

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i was waching c-span…yeah evidently were are huting for oil soooo bad mhhmm il believe that when they dont make **10 BILLION!** more than they normally do. This quarter alone they cleared 75% more than their norm.

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**Author:** ![Janny](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/janny/32/7594_2.png) [@Janny](https://forums.speedlife.net/u/Janny)\
**Post date:** [November 7, 2005, 11:38am UTC](https://forums.speedlife.net/t/gas-prices/4271/8 "2005-11-07T11:38:59Z")

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> [@AWDrifter](#):
>
> THE OIL COMPANIES MADE THE LARGEST PROFITS OF ANY INDUSTRY IN THE HISTORY OF EARTH LAST QUARTER.

AND BUSH IS STILL GIVING THEM MORE MONEY to “FIND OIL”!!

weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee…

what happened to putting profits made (ha, earned. yeah right) back into your business… did that disappear with the barter system?

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**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\
**Post date:** [November 7, 2005, 11:51am UTC](https://forums.speedlife.net/t/gas-prices/4271/9 "2005-11-07T11:51:22Z")

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_cough_ I said this 2 months ago _cough_

> [@JoesTypeS on 9/2/05](#):
>
> gas is going to peak at around 5.30 for premium at the pump then it’ll settle back down…in a year or so we’ll be back ~$2 if not sub $2

> [@JoesTypeS on 9/2/05](#):
>
> Steve Forbes agrees that the price of Oil will be reduced to the $40s…Steve is a billionaire…I’ll listen to Steve.

> [@AWDrifter](#):
>
> I posted a while back about M. Steven Forbes saying that oil was only $10 a barrel a few years ago and now it is $70.  
> He says $30 a barrel is close to what it should be.  
> Hopefully he is right.

It dipped below $60 last week :ohboy:

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**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\
**Post date:** [November 7, 2005, 11:58am UTC](https://forums.speedlife.net/t/gas-prices/4271/10 "2005-11-07T11:58:27Z")

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> [@Janny](#):
>
> AND BUSH IS STILL GIVING THEM MORE MONEY to “FIND OIL”!!
> 
> weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee…
> 
> what happened to putting profits made (ha, earned. yeah right) back into your business… did that disappear with the barter system?

not as much “find oil” as drill for it, they are trying to set up drilling refineries and what not in alaska…i say go for it.

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**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\
**Post date:** [November 7, 2005, 12:05pm UTC](https://forums.speedlife.net/t/gas-prices/4271/11 "2005-11-07T12:05:32Z")

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yeah, fuck Alaska…

I’ll never be able to enjoy her beauty in person… so it may as well not be there

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**Author:** ![JEG](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jeg/32/7246_2.png) [@JEG](https://forums.speedlife.net/u/JEG)\
**Post date:** [November 7, 2005, 12:07pm UTC](https://forums.speedlife.net/t/gas-prices/4271/12 "2005-11-07T12:07:11Z")

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alaska is 1/5 ths size of the usa, i dont think drilling for oil in a few places will ruin the entire state, a good part of which is covered in ice and snow…so unless your gona buy a dog sled team…i wouldnt worry about it.

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**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [November 7, 2005, 1:26pm UTC](https://forums.speedlife.net/t/gas-prices/4271/13 "2005-11-07T13:26:11Z")

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Now if we could just build some refineries we might see 1.50 a gallon.

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**Author:** ![Jack](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jack/32/7613_2.png) [@Jack](https://forums.speedlife.net/u/Jack)\
**Post date:** [November 7, 2005, 1:28pm UTC](https://forums.speedlife.net/t/gas-prices/4271/14 "2005-11-07T13:28:32Z")

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I think the billions in profit will be used toward a more environmentally safe form of energy for transportation.

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**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\
**Post date:** [November 7, 2005, 1:34pm UTC](https://forums.speedlife.net/t/gas-prices/4271/15 "2005-11-07T13:34:33Z")

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or the next generation of fuel?

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**Author:** ![AlbinoMonkeyRat](https://avatars.discourse-cdn.com/v4/letter/a/bb73d2/32.png) [@AlbinoMonkeyRat](https://forums.speedlife.net/u/AlbinoMonkeyRat)\
**Post date:** [November 7, 2005, 1:39pm UTC](https://forums.speedlife.net/t/gas-prices/4271/16 "2005-11-07T13:39:55Z")

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> [@JayS](#):
>
> Now if we could just build some refineries we might see 1.50 a gallon.

word. Haven’t seen those kind of prices in about 3 years. that would be excellent.

even better if they aren’t built in disaster-prone areas.
