[quote=“FuzzyFish,post:20,topic:37643"”]
Little will change at $4 a gallon. It will probably take $5 or more before people really slow down driving.
[/quote]
i doubt that.
If you make good money $4 isn’t that dramatic unless you drive over 100 miles everyday.
Your talking about a few hundred bucks per year.:gotme:
i’m still gonna drive around, just to drive around. regardless of gas price.
Oil sets new record above $93
Decision by Mexico’s Pemex to suspend a fifth of its oil production due to a storm pushes crude to a new intraday record.
http://money.cnn.com/2007/10/29/markets/bc.oilprices.ap/index.htm?cnn=yes
nice
[quote=“j_espo1,post:21,topic:37643"”]
i doubt that.
[/quote]
15000 miles / 15 mpg @ $3 = 3000 a year
15000 miles / 15 mpg @ $4 = 4000 a year
$83 a month isn’t going to make many people in 40k SUV’s trade in on Civics.
Especially since it’s more like $40 a month when you factor in that even at 28mpg a Civic is still costing you $44 more a month when gas goes from 3 to 4 dollars.
15000 miles / 28 mpg @ $3 = 1607 a year
15000 miles / 28 mpg @ $4 = 2142 a year
$44.50 a month more.
So why would I spend a bunch of money trading in my SUV to get a smaller vehicle that I don’t want to save $38.50 a month? If 38.50 breaks your budget you should have been in an economy car in the first place.
People react so emotionally to the price of gas. :shrug:
I spend $30 per week on gas. If gas goes up to $4, that’s less than a 25% increase aka less than $8 per week increase.
Long term is where it will hurt, as it will drive inflation since everything uses gas to be shipped.
I dunno, whatever. The sooner we run out of oil the sooner we don’t cause more global warming. It’s not like we can’t find any other energy resources, we just have no reason to do so yet.
I sure am glad that we’ve made everything that goes on in the middle east our business. Sure has done a lot of good. 
oh well
fucking oil speculators are destroying this economy. you can argue politics all you want, which i stay away from… but PURE FAIR VALUE of oil is like 60-65/barrel right now…
all these hedge fund traders/firms going long oil is fucking everyone in the ass
What happened to that pipeline to Alaska? Lets open that fucker up, nobody likes Canada or Alaska, quick lets destroy that area so we can get the oils…
[quote=“c r a z y r a y,post:32,topic:37643"”]
fucking oil speculators are destroying this economy. you can argue politics all you want, which i stay away from… but PURE FAIR VALUE of oil is like 60-65/barrel right now…
all these hedge fund traders/firms going long oil is fucking everyone in the ass
[/quote]
:word: Gotta love a speculation market.
[quote=“JEG,post:34,topic:37643"”]
:word: Gotta love a speculation market.
[/quote]
the worst part is that people are so uneducated, they spin EVERY FUCKING STORY as bad for oil. half of the shit you hear about pipelines are COMPLETELY protected from any kind of fighting. just everyone in the US is watching oprah and jerry springer and don’t educate themselves.
this country is fucking itself because of stupidity first and foremost. :hang:
[quote=“c r a z y r a y,post:32,topic:37643"”]
fucking oil speculators are destroying this economy. you can argue politics all you want, which i stay away from… but PURE FAIR VALUE of oil is like 60-65/barrel right now…
all these hedge fund traders/firms going long oil is fucking everyone in the ass
[/quote]
:tup: to someone who realizes that speculation is killing us. Rather than these economics noobs waxing poetic on politics
[quote=“66impalass,post:30,topic:37643"”]
what the fuck is going on with the oil in brazil… shit needs to be crack open
[/quote]
What makes you think Brazil owes any of it’s new found oil reserve to the United States, or is in any immediate rush to exploit it for some other country’s benefit (other than their own)? :bloated:
[quote=“ecoshardcore,post:36,topic:37643"”]
:tup: to someone who realizes that speculation is killing us. Rather than these economics noobs waxing poetic on politics
[/quote]
:tup: :tup: my man
you gotta love people who HONESTLY think that repubs or dems have a control over the price of oil
this country MORESO NOW THEN EVER is controlled by the corporations. listen, i’m thankful to not have ANY financial issues, but the corps/people at the VERY TOP of the economic chain RUN THIS COUNTRY.
i too was once caught up in thinking that the system itself could exist and changes would come from within it. but after a while you realize that the system is the problem. the two party system is just a way to polarize the people so that they cannot focus on the REAL issues.
each party will manipulate the groups they serve, and in the end things will continue to be shit. thats why the ONLY potential candidate i’d consider voting for in the next election is Ron Paul.
$87 and falling.
:tup:
Chavez losing his “president for life” vote should knock it down even more.
:party: