Thread: A view into the future................

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.............of gasoline prices.

It's seldom we are exposed in advance to the the consequences of largely undisclosed legislation. For those with the intellectual curiosity to read and comprehend the information on the attached link, pay particular attention to Table 1. You'll note that these projections show that without the current efforts of our beloved Senate leaders that gasoline will likely climb somewhere around 54 cents over the next 9 years (not considering any political events outside our shores that could inhibit worldwide supplies of crude oil). An increase of some 16-17%. However, apply the wisdom (?) and "protection" from gouging and "saving the environment" and the price will come close to doubling. Thank you Senators! This, btw doesn't take into account the effects of raiding our food supplies to produce biofuels, and the resultant price increases at the grocery store that we can also expect.

As history repetes itself, in 2016 the bleaters will be blaming the oil companies again even though they may see (and ignore) this.

Enjoy; http://www.heritage.org/Research/Ene...ent/wm1512.cfm

Let's face it, we are on a runaway train and have absolutely NO control over any of this. But even if it goes to $6.00 a gallon, we have no choice, we depend on gas to run our cars. They have us by the short hairs.

Don

ill justy buy trick its only 5.50-7.75

Originally Posted by Itoldyouso

Let's face it, we are on a runaway train and have absolutely NO control over any of this. But even if it goes to $6.00 a gallon, we have no choice, we depend on gas to run our cars. They have us by the short hairs.

Don

I couldn't disagree more, that's why I think people should know and understand this stuff while there's still time. If you recall your recent comments to godspeed 32 about the rad vs eng positioning, you, along with others, were able to convince him that fixing it properly now would keep him from paying a penalty later. He heard the voices and acted accordingly. Politicians can be reached in much the same manner.

In a similar vein the Senate tried to sneak/rush through the latest "comprehensive" immigration bill loaded with extraneous giveaways. While I think most polls indicate that a strong majority of Amaricans want "something" done, they also recognized the proposed bill was a gorged turkey and bowed their backs. Lo and behold the politicos went back to the drawing board. And just like that battle isn't won or lost yet, neither is the one about this ridiculous bloated "energy" bill that is nothing more than a tax burden of enormous proportions. In Fl. you have Senators from both parties and should drill them with emails, snail mail, phone calls, turkey sandwiches, whatever and let them know you will punish them if they support this rip off. And spread the word down there, as every car enthusiast should across the country.

Otherwise we'll end up doing the same thing over and over hoping for a different result.......................and you know what that is!!!

Maybe we should be figuring out how to hot rod a fuel cell.

I don't really blame the oil exporters for getting together and forming a cartel it's their natural resource,and is finite,so it should be protected. If you check the historic prices for a barrel of oil,you will find that the price we pay at the pump has multiplied at a much higher rate than theirs. Before you start screaming those darn oil companies,take a peek at the tax per gallon.Now,who needs to be talked to? I'm retired and $6 a gallon for gas is very scary,but what I worry more about is heat. The prices for oil and gas are never very far apart. Now,back to resources, how many opec countries can feed themselves,lead the world in manufacturing and technology,or can even defend themselves without someone elses weaponry?Yeah I think it's high time for some drastic changes, and putting the word out to start getting vocal is a very good idea. ps oil opened at $69.18 this morning

The US Senate maybe a concern, but so are the State houses. Maryland is anticipating a $1.5 billion shortfall in fiscal year 2008 (12 months ending 6/30/2008), and therefore to reduce this they are looking to increase their already high gas taxes to new levels. Knowing that people have to have gas to get to work and play, it is a great source of new money. They can't raise cig taxes and sales taxes as effectively cause people will just quit buying and taxes will fall. If they raise income taxes, they may get voted out of office. But gas taxes are always fair game. They'll say they need the money to fix the potholes.

The tax credits to gasoline producers were substantited how????

mopar34, are you sure that shouldn't be "potheads?"

Jack

I'd sure like to have unlimited cheap fuel but, let's face it, It ain't gonna happen.
When I started to feel like I was spending my kids inheritance on fuel, I traded in my Dodge Durango and got a car that got a realistic 55mpg.
Now I can still go for my Sunday drives and anywhere else for that matter without breaking the bank.
Couldn't we at least slow down this runaway train if we all did this?

DT

Just hope the voters don't elect Obama ,I saw on TV he stated that one of his first goals will be to require new standards on cars to increase fuel mileage standards by 10 MPG with that mindset he will be on our case for sure.

That sort of proposal is already in the bill that, unfortuanately, passed out of the Senate today, so Mr. Obama isn't the sole source of such thinking.

I find it interesting that we have examples of both ends of the spectrum on our little site here at the same time. Conventional (meaning broadest distribution) media covers a near meaninless issue with gasoline (see thread titled "Gas Science"), that at it's most improbable extent will have an effect of pennies, while this so called energy bill will take dollars out of consumer's pockets and it gets virtually no attention from either.

Originally Posted by moparjack44

mopar34, are you sure that shouldn't be "potheads?"

Jack

Naw they contribute millions of dollars to the economy out here in cali thru taxes on there lettuce.......its legal here{as long as you have the card} and they like the taxes collected,so it will not change soon.All you gatta do is give em a taste of that tax money and they will let anything fly.

Corporate fuel averages did force the big auto manufacturers to produce cars to use less gas. They did, We went on a gas diet for a little while,and when things seemed a little better,we rewarded ourseves with news cars with just a little more power,and a little more comfort. In just a few years these became 4x4 SUV's with ac,global locator,heated leather seats etc. Seems like we are the enemy that needs to be dealt with Hank

Originally Posted by halftanked

Seems like we are the enemy that needs to be dealt with

Pogo said: "We have met the enemy and he is us!"

I have made it a practice to drive at the speed limit, and do some of the things Dave said too to consrve fuel. As I drive along at 65 on the freeway, I am passed by a steady stream of SUVs and jacked up 4WD trucks flying past at 75 and 80 or more. Usually they have one person in them. These people are consuming our resource at a rediculous rate and high prices don't seem to defer them one bit. If we can get the the majority of the population to slow down and drive the speed limit, the reduction of fuel use would go a long way towards reducing the price through reduced demand. Most trips are 50 miles or less, 10 mph slower costs you about 2-3 minutes, so the argument that we can't afford the time does not carry any water. I am not advocating reducing the speed limit, lets just drive at the ones we have

Pat