Are gas prices hurting your pocket yet?
#141
Senior Member
I am not going to continue argueing with you. I knew it was a pretty bad idea when I did it. In any case most companies don't make billions in profit over what is projected..particularly established ones. I believe most people are travelling less then they used to conserve. In a normal market supply and demand effect pricing. It will never go back down.
#142
2018 Lariat 4x4
Now perhaps if they would let us drill more in the US and build more refineries we could have lower prices locally, but we simply use way more than we currently produce here so prices stay high. Not to mention they would probably start exporting to get more money from the higher demand overseas.
#143
I just put 75$ in at 3.29 a gallon ...... 3/4 of a tank ....... i just read something online that 10$ a gallon isn't out of the question by 2020 .... it already is that much in some remote parts of Alaska ..... I would dump the f-150 in a heartbeat if it ever stayed over 5$ a gallon for an extended period of time .... I don't care how nice the truck is .....
#144
Senior Member
I work from home and the wife's car is a Honda Fit for around the city driving. So no, not hurting one bit yet. I figure, when we take the truck out for road trips and such, the extra gas cost is just another bill to add on to the trip expenses. Not a big deal. Hotel and other things hurt more than the cost of gas.
But once the price of everything else goes up (like food, natural gas, etc etc etc...) because of high gas prices, everyone will be hurting. No exceptions.
But once the price of everything else goes up (like food, natural gas, etc etc etc...) because of high gas prices, everyone will be hurting. No exceptions.
#145
Gas consumption went down drastically in 2008 after people changed driving habits with the high cost of gas - I'm doing it now..... If there is a good dip down in consumption, prices will fall.
#146
Senior Member
Heh, its not a requirement, its a luxury, if you dont like it, ride a bus. Its also hardly unregulated or a monopoly, there are lots of different oil companies. Its actually probably one of the highest regulated industries out there, lol. you know whats really a gouge for the public? Insurance. Required by law, now thats the racket! Might never need it, always have to pay for it or you get a fine if you get caught without it. And if you have speeding tickets or bad credit you have to pay more than everyone else, mightve never had an accident in your life but you still get screwed by being forced to pay higher prices. Not trying to pick on ya, just sick of people whining and crying about gas prices, boo hoo, poor me, I bought a 50,000$ truck that gets 15 mpg and now I have to pay 3.20 a gallon to fill it up, however will I survive.
#147
Member
I work at Valero the refinery a lot doing barges, anyway diesel doesn't have any reason to be high it's a demand for it know they can charge those high prices. Gas on the other hand takes a little more especially since they just started taking benzene out of gas, the thing that's crazy is there putting 10 percent ethanol in the fuel which you would think gas would be a little cheaper. Soon it will be 14 precent so your gas mileage will be worst. I've Been loading and discharging ethanol off barges the past 2 years like crazy, the thing that messes that up food prices go up.
#148
Senior Member
I work at Valero the refinery a lot doing barges, anyway diesel doesn't have any reason to be high it's a demand for it know they can charge those high prices. Gas on the other hand takes a little more especially since they just started taking benzene out of gas, the thing that's crazy is there putting 10 percent ethanol in the fuel which you would think gas would be a little cheaper. Soon it will be 14 precent so your gas mileage will be worst. I've Been loading and discharging ethanol off barges the past 2 years like crazy, the thing that messes that up food prices go up.
#149
Member
Yep ethanol will do it! Only 2 things you can do, 1 search for a gas station that sells pure gasoline no ethanol added. 2 purchase some stabilizer for ethanol treatment. Number 1 sometimes is hard to find there's a website that will tell you were those gas stations are.