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Why Gas Prices May Jump Even Higher Soon - 4/7/2010 8:05:37 PM   
Brain


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This is happening for two reasons. One, it’s George Bush's fault because he started multiple wars in the Middle East and destabilized the area.

Two, it’s also the fault of those that allow speculation and commodity trading on something crucial to national security.   The price should be determined by supply and demand.  Consumers and consumption have little or nothing to do with pricing, whether it’s Republicans or Democrats. There is no difference under Presidents Clinton, Bush, or Obama.
 
Why Gas Prices May Jump Even Higher Soon

The cost of filling up at the pump has been edging up in recent weeks and is likely to get even more expensive. On Monday, crude oil futures rose to the highest levels in 18 months to about $86.60 a barrel, as investors reacted to more positive economic news. And with the summer driving season right around the corner, there's little reason to expect gasoline and diesel prices will ebb anytime soon.

The rally in crude oil prices means the national average price at the pump likely will exceed $3 a gallon during the coming spring and summer months, according to the U.S. Energy Information Administration's monthly short-term energy outlook (a new version of which will be released Tuesday). The potential for even higher prices at the pump will likely push drivers to once again revisit burning less fossil fuel by driving less or opting for more efficient vehicles.

Developing cars that get better gas mileage hasn't been a priority for the auto industry in recent years, which is why consumers who have been out of the car-buying market for a while may be surprised to learn today's vehicles don't use much less fuel than those built 10 or 20 years ago.

New Incentives to Pollute Less


Lucky for consumers, manufacturers now have incentive to design and sell cars and truck that not only get better gas mileage but pollute less, too, thanks to new regulations that went into effect last week.

Developed by the Department of Transportation and the Environmental Protection Agency, the new regulations, which take effect beginning with 2012 model year vehicles, require that manufacturers achieve the equivalent of 35.5 miles a gallon combined for cars and trucks by 2016, an increase of nearly 10 mpg above current standards set by the National Highway Traffic Safety Administration.

The new rules will result in higher vehicle prices in dealers' showrooms. But consumers are expected to recoup those costs through savings at the pump, an average $3,000 over the life of the vehicle. The standards go further, imposing novel limits on greenhouse gas emissions that by 2030 will reduce emissions 21% across automakers' fleets -- compared to expected levels in the absence of such regulation.

Creating One Nationwide Standard

Automakers, which in recent years fought hard against new fuel-economy rules, have backed the proposal, largely because it creates one nationwide standard. Current rules allow some states to adopt stricter rules on emissions than others, which has created a headache for automakers in manufacturing and selling cars.

The new regulations provide the certainty and clarity that manufacturers need to produce the next generation of automobiles, said Dave McCurdy, president and chief executive of the Alliance of Automobile Manufacturers. McCurdy spoke last week at the start the of New York International Auto Show, a day before the new rules were unveiled by the Obama administration Thursday. The new rules are a step that manufacturers support and worked hard to get, McCurdy said.

Improved efficiency standards are long overdue and necessary to bring stability and sustainability to the auto industry, says Art Wheaton, auto-industry expert at Cornell University. "If you can have one standard across the country, you don't need eight or 10 different standards for trying to sell different vehicles," he says.

Providing the auto industry some degree of certainty along with increased fuel efficiency and fewer greenhouse gas emissions makes the new rules a win-win for all involved, says Wheaton, "Having tougher standards will be good for everyone in the long term."

http://www.dailyfinance.com/story/new-fuel-economy-standards-arrive-just-as-oil-prices-spike-hold/19426908/?icid=main%7chp-desktop%7cdl4%7clink7%7chttp%253A%252F%252Fwww.dailyfinance.com%252Fstory%252#
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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 4:50:35 AM   
Termyn8or


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All part of the plan. If automakers really fought against anything it would not happen, face it. Regulations, believe it or not are beneficial. First they give the public impression that anyone cares. Second they limit competition. Limits on CO2 are ridiculous as they then limit how much we can burn. Burning is the essence of energy at this point in history. You simply can't have a viable society without emitting CO2 with current technology. Even in industry, they can't use a nuclear reactor to melt metal. Anyone who supports CO2 limits is either aloof, or in on the plan. The numbers will never add up.

The only thing I can do is what I did. I traded about 12% of my rate for a 60+% reduction in drive time. Coming down from 23 miles each way to work to 7.6 may or may not have been profitable, as my drive time used to be over an hour. But since I hate driving and I hate filling the gas tank it works for me. Scaled back in a way. It might be, saving about an hour and a half of my time each work day amounts to over a half a tank of gas at current prices. I think monetarily it is about even.

It is time to scale back no matter what. I used to go joyriding, drive maybe 100 miles in a day for no good reason. Those days are over. It's not just me, it's the way things are. But then has it changed that much ? I mean when gas was cheap was it right to waste it joyriding around all day ? One thing about rich people, and I know a few, is that the ones who stay rich do not waste alot. Of course I don't know the super rich, just some who are quite well to do. Set for life.

I think the main goal of the PTB is that we pay for gas what they pay in Europe, but not to get the benefits.

T


(in reply to Brain)
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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 4:59:32 AM   
pahunkboy


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When the super rich die- the only one that knows them is their butler.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:05:33 AM   
barelynangel


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Gas always rises significantly in the summer months -- its a huge time for people to travel so they milk it for all its worth.



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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:12:34 AM   
thishereboi


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FR
What's the price of gas doing in Canada?

You know, that country you live in.


< Message edited by thishereboi -- 4/8/2010 5:13:10 AM >


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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:23:45 AM   
pahunkboy


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...hmm that means- maybe US debt can now be bought up by the Saudis.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:40:20 AM   
Termyn8or


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Don't they already hold a piece of it Hunky ?

T

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 8:13:55 AM   
pahunkboy


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Yes they do  Term.   As does China, Japan, and others.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 11:25:52 AM   
popeye1250


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Brain, first of all I really don't think "the govt" should be in the car building business. That "E.P.A." is another agency that we need to do away with.
The market should dictate what type of vehicles that automakers build not "the govt."
And as for those "emission standards" did the people in the govt not get the message about "global warming" being nothing but a gigantic scam? ("Greenhouse gas emissions?"HA, HA!)
As for cars "not" getting much better milage than cars built 20 years ago that's a bunch of crap. My Lincoln gets about 21 around town and 27 on the highway.
Twenty years ago a Lincoln would get 12-14 mpg around town and maybe 18-20 on the highway.
And as far as "gasoline futures" there shouldn't be any.
Why are we allowing "govt" to get involved in these types of things in the first place? I don't think Obama will be re-elected in 2012 and we need to get rid of a lot of this kind of thing in the next election cycle.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 11:28:55 AM   
cuckyman


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This idiot is just too lame to even reply... this guy wouldn' t make a pimple on the ass of a real american citizen.. bud you just plain ole fashioned SUCK DONKEY DICKS.... blame that on Bush also....

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 11:31:23 AM   
variation30


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I don't even know where to begin...

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 11:49:50 AM   
pahunkboy


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I think post #10 is a flame.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:25:46 PM   
servantforuse


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When Bush was president $3.00 gas was his fault. 16 months into the Obama administration with $3.00 gas prices and it's still Bush's fault. Brain is a certified idiot.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:44:24 PM   
Sanity


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How about an article thats not pure political spin?


quote:

Oil could give kiss of death to recovery


This week oil climbed to $87 a barrel, its highest level since October 2008 and prompted concerns that triple-digit crude was once again in the offing.


This was after a period of eight months when oil traded between $70 and $80, a narrow band that pleased oil producers without hurting consumers too much.The latest surge seems to have been prompted by rising confidence in a global economic recovery, even if most traders and bankers are still cautious about supply and demand fundamentals. Worries about the Greek economy have pegged prices back over the last couple of days but the more bullish Wall Street banks see prices climbing further, with Barclays Capital forecasting $97, Goldman Sachs $110 and Morgan Stanley $100 next year.


But the higher prices go, the deeper the concerns that they will stifle global growth. Jeff Rubin, a former CIBC chief economist and author of a book on oil and globalisation, says: “Triple-digit oil prices are going to threaten a world recovery.”

Full article at: http://www.ft.com/cms/s/0/28f1e2a6-432e-11df-9046-00144feab49a.html


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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 5:59:38 PM   
pahunkboy


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quote:

ORIGINAL: servantforuse
Brain is a certified idiot.


So if someone has a different opinion, OH nevermind.   Yeesh!

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 6:04:35 PM   
servantforuse


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I wonder why Brain doesn't blame Bush for the high price of a liter of gas in Canada ? That just has to be his fault to..

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 6:07:05 PM   
pahunkboy


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Ser, you cant expect everyone in the room to be on the same page.

At least he adds a comment - instead of a simple cut and paste.   He has an opinion. So be it.

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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 8:32:17 PM   
thishereboi


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quote:

ORIGINAL: servantforuse

I wonder why Brain doesn't blame Bush for the high price of a liter of gas in Canada ? That just has to be his fault to..


What makes you think he doesn't?


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RE: Why Gas Prices May Jump Even Higher Soon - 4/8/2010 9:29:42 PM   
Termyn8or


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FR

I won't say it but I'll abbeviate it JFC !

There is no fucking difference. Bush pushed the package trough, Obama signed it. WTF is the difference. I would've refused to sign it. Now, btween BOTH of them, borrowed money is again being used to buy oil futures and driving up the price artificially for the benefit of those with the control of the money. Doesn't anyone get it ?

It's business as usual as long as you take it up the ass and blame someone else. Because of certain people around here I can't tell you who invented a quite effectivde tool for the commoner to use against this shit - it's called a boycott.

OK, go ahead and talk all you want about the worldwide demand for oil, but we trump mostest and bestest. If we could stop for just one day, the US oil companies would notice. Company owned gas stations (more than half of them at least) would staff their businesses and not make one single penny for one whole day. That's if we can get the solidarity to pull off a good enough boycott. But people will not do it until gas is about twenty bucks a gallon and they are literally out of money. So the time has not yet come.

Keep up the partisan bickering and I will bitch about it. In the open forum I will suggest to the mods and owners of this site (who seem to keep an eye on me) that partisanship should be treated like racism in the fora. You don't want that because I think I could get it off. Maybe. Take that chance. Stay ignorant. It's all Bush's fault, it's all Obama's fault. What a bunch of bullshit if I ever heard it. I thought we were better than that.

I am. I know they all work together and all this shit is for show. You can elect whoever you want and the same series of events would have happened anyway. The timetable might have been slightly altered, but everything would pretty much be the same. If you don't understand that, go color.

T

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RE: Why Gas Prices May Jump Even Higher Soon - 4/9/2010 12:54:54 AM   
Brain


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I've been busy recently but to answer.

If the government still owns auto shares they will be sold sooner or later - I’m not worried about that.

Do away with the EPA you said but you gave no reason.  The environment needs to be protected because there is a cost to pollution and too many of those costs end up being paid by the taxpayer cleaning up the mess left by the private sector.  Even if global warming is a scam why pollute the planet?

“The market should dictate what type of vehicles that automakers build not "the govt." Because? Again, you give no reason because your brainwashed by ideology.  A deregulated free market does not produce the best results – look at the damage to the economy caused by Wall Street and the cost of that mess to taxpayers or the dead coal miners in West Virginia.

I think your recollection of gas mileage numbers is more wishful thinking of ‘the good old days’ than facts.

“Why are we allowing "govt" to get involved in these types of things in the first place?”  Because being pragmatic and doing what works is better than being constrained by ideology and having a Wall Street bailout or a toxic dump tax payers have to pay to clean up.


quote:

ORIGINAL: popeye1250

Brain, first of all I really don't think "the govt" should be in the car building business. That "E.P.A." is another agency that we need to do away with.
The market should dictate what type of vehicles that automakers build not "the govt."
And as for those "emission standards" did the people in the govt not get the message about "global warming" being nothing but a gigantic scam? ("Greenhouse gas emissions?"HA, HA!)
As for cars "not" getting much better milage than cars built 20 years ago that's a bunch of crap. My Lincoln gets about 21 around town and 27 on the highway.
Twenty years ago a Lincoln would get 12-14 mpg around town and maybe 18-20 on the highway.
And as far as "gasoline futures" there shouldn't be any.
Why are we allowing "govt" to get involved in these types of things in the first place? I don't think Obama will be re-elected in 2012 and we need to get rid of a lot of this kind of thing in the next election cycle.

(in reply to popeye1250)
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