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280 Comments
- onClipEvent, on 04/28/2008, -2/+51i find it strange a depleting non-renewable resource be less expensive in the future...
- Ryan166, on 04/28/2008, -3/+49April 28th, 2018 ...Unleaded gas prices fall from $15 to $14.86 ....YIPEEE!!!
- willscottsi, on 04/28/2008, -16/+62You see, that's exactly the news I want to hear: higher gas prices = greater incentive for renewables and alternative fuels... and fewer Suburbans :)
- jxfallout, on 04/28/2008, -1/+38And within those 10 years, the prices will have skyrocketed so much that a minor price-drop won't make too much of a difference.
- marketmou, on 04/28/2008, -8/+44Yes, that's all well and good, but you're also wishing war on humanity. That's what high gas prices mean.
- trer, on 04/28/2008, -3/+37So what really happens is that we are conditioned to accept that $4 is a fair price so outrage will be quelled until it gets to $5-6 then we again will be temporarily upset and respond with threats of boycotts distributed through email then begrudgingly accept this new price eventually. Then $4 will seem "low".
- Gerz1219, on 04/28/2008, -3/+30Your equation implies that, within the next ten years or so, we will discoverable a renewable/alternative fuel source that contains roughly as much energy as oil. Anything less than that historic achievement is going to result in oil shocks that will lead to massive global depression. Too many people seem to take it as an article of faith that there's a team of brilliant scientists in white lab coats who are inevitably going to solve this problem, when it's entirely possible that our alternative energy research will fail and we'll just run out of oil. We're in much deeper ***** than the media suggests, as though a bunch of Suburban-owning profligates can just scale back and that'll fix everything.
- stikkitjim, on 04/28/2008, -2/+27*looks at Russia.... looks at USA.... Looks at North Pole...* Last one there is a rotten egg!
- cadmiumpaint, on 04/28/2008, -0/+21most people who own suburbans and gas guzzling SUV's aren't making 300k a yr i can promise you that.
- heir0fisildur, on 04/28/2008, -0/+21It's because consumers still want to buy SUVs. Until demand for such vehicles drop significantly the car companies will in fact still make the cars.
- dinki, on 04/28/2008, -1/+21There's those magical 10 years again. Ever noticed that it takes 10 years for any impending doom/triumph? Global warming, cure for cancer, lower gas prices.. all 10 years away ..
Kinda like "Tomorrow, Tomorrow, you're always a day away" - brstilson, on 04/28/2008, -1/+19There is a plant in Carthage, MO that is turning turkey offal from the Butterball plant nearby into $25-a-barrel oil. It amazed me how thermal depolymerization isn't getting more attention or funding.
http://en.wikipedia.org/wiki/Thermal_depolymerizat ... - diggydougie, on 04/28/2008, -10/+28Remember, it's not higher gas prices. It's our devalued currency. It means the same in the end to your wallet. The fed is pumping out money to pay for Bush's war, which makes the dollar worthless and oil and food more expensive.
- bmorlok, on 04/28/2008, -0/+17"Experts" say we are always 10 years from (insert advancement in science here).
Especially when it comes to any alternate fuels. We have been 10 years from electric cars for about 30 years now... - Radar3D, on 04/28/2008, -8/+24Birth control?
- cheezintern, on 04/28/2008, -1/+16Every thing's always 10 years away. hydrogen powered cars have been 10 years away for decades. Still, hopefully alternative fuels will be able to expand in use since by next election, our government will *hopefully* stop pandering to oil companies.
As for the candidates, getting rid of the gas tax is such a bad idea it gives me a headache. So we save 18 cents for a week or 2. Then, since gas was slightly cheaper, demand goes up. At the end of the 'tax' holiday, gas wont be 18 cents more per gallon, it'll be way way more. Great idea, not! - MatthewK, on 04/28/2008, -2/+16Hopefully by that time a cheaper alternative fuel source will be widely accepted.
- thedrue, on 04/28/2008, -2/+16For many people SUV's are an important vehicle, It is sort of like a pickup truck for a contractor(why doesn't anybody ever complain about the gas guzzling pickups?). Although Vans can carry just as many people they don't have the towing capacity or the rugged 4-wheel drive systems. The problem is not the SUV's it IS however the people who commute in them every day with nothing in them, just wasting gas and being horribly inefficient. My family owns a 1999 Dodge Durango, and when it is used it is for towing our 25 foot trailer around, or for carrying something big, or for towing a car. It is a utility vehicle, nothing more. Let me reiterate, there is nothing wrong with SUV's
- hokie47, on 04/28/2008, -1/+15So lets ***** do something. This is the same BS they gave us 5 years ago when gas prices started to creep up. If we did something 5 years ago it would be only 5 years away not 10.
- SilverBlade2k, on 04/28/2008, -5/+18Electric cars are the way to go..
- ryazwinski, on 04/28/2008, -1/+14I'd love to know how prices can possibly go down when supply is being consumed.
- wbienek, on 04/28/2008, -11/+23Listen.. people who buy the gas guzzlers will continue to do so.. people who make 300+ k a year aren't affected by 3 4 or 5$ gas.. or even 6-7-8$.. its lower and middle class.. so all the 'GREEN' crap is just hurting people w/ less money..
Environmentalism is a fun game for people w/ plenty of money.. for the lesser income people, it huts very badly. - PopcornDave, on 04/28/2008, -0/+11The only flaw in your argument is that the children growing up today are used to seeing $3-4 a gallon for gas so they're not going to be outraged by paying the equvalent of say $2.50-$3 a gallon for the power it would take to run an electric vehicle. The price point has been set already. Growing up I remember gas at 20-30 cents a gallon and even gas wars between stations that brought it down to around 9 cents a gallon, so seeing it at the levels it is now is extremely horrendous given my reference point. But by the time that kids growing up today start driving, the price levels now are their reference point so they're going to swallow horrendous costs of alternative energy without batting an eyelash.
- ngmcs8203, on 04/28/2008, -7/+18I'm all for renewable and alternative fuel options (especially hydrogen) but what is it with the insatiable anger towards big SUVs? If you've got 3 kids, a dog and want to go on camping for a week, would you rather somebody take two cars or one? It's not like station wagons get much better mileage anyways. (I should state that I drive a 16 mpg Yukon Denali, have a golden and two kids.)
- rcarroll215, on 04/28/2008, -1/+12Yes, but that's how the market system works. Higher petroleum prices will push demand for alternatives up. As soon as solar and wind power become more economical than an oil burning power plant, which way do you think energy companies will go? It may be a while before we have a cheap viable alternative for oil, but high prices are the growing pains that will force us to get the ball rolling.
- brstilson, on 04/28/2008, -1/+12car companies exist to make money, and they will build the vehicles that people want to buy. The fault lies with the people who are buying SUVs just as much as the car companies that still make them.
- lnxfi, on 04/28/2008, -0/+10I just paid $43.08 for what used to cost me $9.48 about 6 years ago. :(
- pojut, on 04/28/2008, -0/+10They are actually very related. A lot of the economy's problems could be solved if we weren't pushing billions into a foriegn country every year. The money spent every year in Iraq would be enough for the entire education budget as well as a fair amount of the infrastructure budget.
Lets see...spend more money on killing people, or spend more money on educating our own so we can figure out stuff that makes killing others unnecessary...gee, I wonder which one we should do... - powerhouse, on 04/28/2008, -0/+9Minivan's are almost as bad, but people don't have an irrational hatred of them.
2008 Honda Odyssey 2WD
New EPA MPG
16 City 18 Combined 23 Hwy - schnikies79, on 04/28/2008, -0/+9Really, then why every other day do you hear this or so "oil prices slipped today as the dollar gained value against the euro"? They are VERY related.
This is well known, check your own facts. The economy and speculation are playing a much larger part here than supply and demand. - Logicexe, on 04/28/2008, -3/+12You see that's the problem with most people's reasoning when they buy cars. People buy cars not based on what they'll use them for every day, but based on what they'll use them for once in a while. With all the money you'll save on gasoline by driving a smaller car you'll be able to rent a minivan or SUV for that weekend camping trip with some left over to help pay for the vacation.
- cadmiumpaint, on 04/28/2008, -0/+810 years is a great number that Politicians love. Its close enough to give people hope, but far enough away that they can't take the blame when it doesn't come true.
Gas will go up. There is too much demand and too little supply. My next car will be a hybrid or a clean diesel.
We really need to address the issue of traffic congestion. There are just too many damn cars on the road. - IxXxIRhinoIxXxI, on 04/28/2008, -0/+8at the rate that Gas prices are going up, I feel like in 10 years, gas will already be around 10$ a gallon. so the "lower" gas prices won't actually be low, they will just likely be enough to stop people from complaining. but...eventually, people will get over it, and realize.... hey...I need to get here... I need gas money.... I guess I just won't impulse buy anything for a bit and save that money towards gas. OR we could all ride bicycles and invest all our money in safer road bikes and roads for the bikers.... a 13 mile trip to work in a car is about 15 minutes, on a road bike its about a half hour(and you don't have to worry about parking/rush hour)... we could use the exercise anyway....
- jgzman, on 04/28/2008, -0/+7Basic Economics: a cheaper alternative to ANYTHING is a downward pressure on prices.
- inactive, on 04/28/2008, -4/+11Gas prices are not the effect of supply / demand (yet) it's the failure of the American currency.
- PopcornDave, on 04/28/2008, -0/+7Actually there are some of us that don't have much choice in vehicles due to our height. Myself I currently drive a Touareg for three reasons:
1. I fit in it.
2. It's not a pickup truck, so it's small enough for my wife to drive too ( she's 5'2", I'm 6'5")
3. I use it for work to make deliveries in so it's a dual purpose vehicle.
I'd love to find a vehicle I could fit in comfortably, have an even larger cargo capacity than I do now, and get good gas mileage. Oh and I'd love a car that the tires weren't close to $900 to replace the four of them as well. So if you've got any suggestions, I'd love to hear them. - inactive, on 04/28/2008, -4/+11I agree this is good news. This will force us to innovate, and find more efficient renewable energy sources!
- inactive, on 04/28/2008, -0/+7What were the experts saying 10 years ago about gas?
It's all conjecture and *****. - GRANDPAMUNSTER, on 06/11/2009, -0/+7That's exactly what's happening now, people are happy when they find gas for $3.39.
- inactive, on 04/28/2008, -1/+8In an election year, it can make sense. Everything can!
- KaivenTor, on 04/28/2008, -0/+7And our oil reserves continue to be the biggest in our history...
You know, I have to ask if we're using the money from Iraqi oil sales for the Iraqi people or are we going to start buying that stuff on the cheap and tell OPEC to **** off. - nalen33, on 08/29/2008, -1/+8No, it's called Speculation, and that's the ***** that REALLY needs to be stopped.
- inactive, on 04/28/2008, -2/+8Yay! Oil companies sticking it to us in the ass for 10 more years is good news!
- cadmiumpaint, on 04/28/2008, -0/+6we already did drill the hell out of Texas.
- PopcornDave, on 04/28/2008, -1/+7Bingo. It's probably never going to go down, since everybody pays it now. It may fluctuate 10-20 cents up or down, but it's not going back to 1999 levels.
- brstilson, on 04/28/2008, -2/+8no, you suck.
- subliminalurge, on 04/28/2008, -0/+6Even if you don't drive at all, you'll be feeling the impact soon enough when you're paying $15 for a gallon of milk
- wigenite, on 04/28/2008, -4/+10Fine, then take your SUV camping once a year then. Just dont commute to back and forth to work EVERY day, by your self, stuck in traffic, with no camping gear or towing necessary.
Also, there are vehicles that have more interior room and are safer than SUV's. - MrSlumberjack, on 04/28/2008, -0/+6*will be the way to go
- schnikies79, on 04/28/2008, -1/+6No, about 1/4 of the remaining increase is supply and demand, the other 3/4 would be speculation.
"Oil prices jumped to new highs today after an Iranian speed boat was shot at." That headline alone proves speculation. -
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