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ORIGINAL: pahunkboy

$6 Gas? Could Happen if Dollar Keeps Getting Weaker A dollar plumbing three-year lows is hitting Americans squarely in the gas tank, and one economist thinks it could drive prices as high as $6 a gallon or more by summertime under the right conditions./snip

Silver   $46.11

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When people buy and use a lot less gasoline it backs up in "the pipeline" and prices tend to drop very quickly.

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ORIGINAL: tazzygirl

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When people buy and use a lot less gasoline it backs up in "the pipeline" and prices tend to drop very quickly.

Which is why trhe one day boycotts dont work... or boycotting a particular supplier, like BP. They sell to each other, they buy from each other and shift the supply to where its needed. The only way to drop prices is to reduce overall demand, which is what happened in 2007 - 08

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If you have only 100,000 people doing that in a certain area that's a lot of gas that is put back into the pipeline.
And, that's money you're, "holding back" from the oil cos. It's a very effective tactic!

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No break this spring at the gas pump

With gas prices above $4 in some states, Americans are canceling spring break plans and rethinking summer vacation, and some tourist destinations are offering gas vouchers of as much as $50 to talk people out of giving up and staying home.

At Mount Rushmore, only about 37,000 people decided in March that seeing the four granite-etched presidential sculptures was worth the trip, down from about 43,000 a year before.

At the Grand Canyon, a marketing executive for one company that offers sweeping helicopter vistas says 10 percent fewer people than last year are driving up and booking tours. The company is counting on international tourists to make up the rest. And along the Rhode Island coast, where 800,000 people a year show up to gawk at the opulence of Gilded Age mansions, it's even worse — business is off 30 percent just since the beginning of March.

Memorial Day is still five weeks away, and summer doesn't officially start for two months. This year, anxiety over high gas prices — and whether the family vacation will bust the family budget — has come early.

"I can't go anywhere because I can't afford it," said Greg Sensing, who works in admissions for the University of Maryland. "It's kind of nice to take a road trip, to get in the car, you see the country, and now why bother doing it?"

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ORIGINAL: popeye1250

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ORIGINAL: pahunkboy

$6 Gas? Could Happen if Dollar Keeps Getting Weaker A dollar plumbing three-year lows is hitting Americans squarely in the gas tank, and one economist thinks it could drive prices as high as $6 a gallon or more by summertime under the right conditions./snip

Silver   $46.11

People are buying less now that prices are around $3.60 here.
The last time it hit $4.00 the economy in this area fell off a cliff! Restarants were down 40%!
I was out one night at about 8 and it was like a ghost town, you'd have thought it was 4 in the morning.
I bought 5 gallons at a time then. When people buy and use a lot less gasoline it backs up in "the pipeline" and prices tend to drop very quickly.
Would you want to be *buying* silver at $46.11? Or selling it?
I think gold is in an extreme bubble. I certainly wouldn't pay $1,500 for it!
You know what happens to bubbles.

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ORIGINAL: tazzygirl

And when your budget doesnt allow for a frolic on the beach, you dont go. Vacations are a luxury. Not everyone can afford one away from home.

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We, as a country, have gotten far too used to zipping off to a resort.