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2008-09-13 Home Front Economy

Oil's fall to $100 won't change frugal energy use

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Posted by Fred 2008-09-13 00:00|| || Front Page|| [5 views ] Top

#1 That's still not cheap as far as I'm concerned.

Please don't strike me dead.... but that's dirt cheap considering what gasoline does.

Walk, bike or take the hoss to work for 3 days. You'll see things much differently.

Posted by .5MT 2008-09-13 06:43|| www.cybernations.net]">[www.cybernations.net] 2008-09-13 06:43|| Front Page Top

#2 Note that GM's stock prices have been going up since the public display of the Volt's production model pictures. There are LOTS of people out there who are going to take quick advantage of the opportunity to buy an auto that will eliminate most of their gasoline usage.

That's just the beginning. It's my feeling that the American people are DONE with the oil ticks. It's NEVER going to be the way it was again. Oil is an addiction and we're going to get off it no matter what it takes. Electric cars are just the start. Johnny Mac and Sarah saying, "Drill here, drill now" is going to carry them into office on a landslide, and I don't think they're going to forget it once in office, either.

Posted by mac 2008-09-13 06:43|| 2008-09-13 06:43|| Front Page Top

#3 The silver lining of the evil cloud, Ike. 30% of the entire nation's gasoline comes from Houston's refineries. They may be hit hard, very hard. And the shipping channel that allows the tankers in as well.

And the effect will be felt everywhere, through November, at least. This will at one time drive down demand for and price of crude and reduce the supply of gasoline, driving up its price. The worst thing possible for OPEC and their environazi allies. But at what a cost to everyone else.

Posted by Nimble Spemble 2008-09-13 08:33|| 2008-09-13 08:33|| Front Page Top

#4 If McCain and Palin get in, then they will push for alternative energy, and this country will start to diversify its energy base.

If Obama bin Biden gets in, then we will still be beholden to the oil ticks for our crude, they will tax the sh*t outa petroleum and the economy will go in the tank.

That should about sum it up.

Posted by Alaska Paul 2008-09-13 13:53|| 2008-09-13 13:53|| Front Page Top

#5 Gas has jumped up to 4 bucks in Mobile JUST TODAY, the pumpers have the usual reasons
Feared Shortages in the future.
Same price as the competition across the street.
And other bullshit as comes to their tiny minds.

Just for the record I filled up Wednesday at 3.49

Posted by Redneck Jim">Redneck Jim 2008-09-13 20:28|| 2008-09-13 20:28|| Front Page Top

#6 The profit margin on gasoline to the station owner is less than 1%. Price at the pump = what they expect to have to pay to replace what you're taking, plus that less than 1% profit. Plus taxes, of course, and in my state those are quite high.

Posted by lotp 2008-09-13 20:50|| 2008-09-13 20:50|| Front Page Top

#7 I can't believe the price gouging on Christmas wrapping paper. At Walmart they want $3.00 per roll and last December I could get it for $0.25, on the 26th.

Posted by Nimble Spemble 2008-09-13 20:53|| 2008-09-13 20:53|| Front Page Top

#8 Combined Federal, State, and Local taxes on gas here in Colorado Springs is $0.48.5. A tax "holiday" here would drop the cost of gas by about 50c a gallon. Long-term, it would severely put a crimp in the ability of the state to maintain our roads, which are in bad enough shape as it is.

Posted by Old Patriot">Old Patriot 2008-09-13 21:30|| http://oldpatriot.blogspot.com/]">[http://oldpatriot.blogspot.com/] 2008-09-13 21:30|| Front Page Top

#9 You're lucky, OP. It's more than a dollar a gallon where I live.

Posted by lotp 2008-09-13 21:32|| 2008-09-13 21:32|| Front Page Top

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