money.cnn.com— "Gasoline prices plunged more than 21 cents a gallon over the past two weeks to a national average of $2.66 amid an abundant supply of fuel at service stations, a national survey said Sunday."
Sep 10, 2006View in Crawl 4
Those who bash "Big Oil" for the high price of oil are simply ignorant and have no concept of the futures market, commodities, or our economy in general. Blaming some faceless rich old white man is much easier than having to do things like learn how things really work.
"Surging prices caused several reactions among consumers: better insulation in new homes, increased insulation in many older homes, more energy efficiency in industrial processes, and automobiles with higher mileage. These factors along with a global recession caused a reduction in demand which led to falling crude prices."You mean to tell me that the reduction in demand also led to the falling crude prices?!
"How do you go from 79 cents per gallon when Clinton was president to $3 per gallon when Bush is president in approximately 6 years?"Its really sad when people make that correlation. Who had majority of congress during Clinton's years.....Republicans.
"Gasoline prices plunged more than 21 cents a gallon over the past two weeks"Son of a...Gas prices here (Utah) haven't moved at all. Still sitting at $2.90-$2.95. And the mountain west usually has the lowest prices in the country.
@h4ppydotcom Well said, and i definitely agree that we are getting a bargain, comparatively speaking. And i agree more than i can explain right now (in a rush) that this country DOES need something to keep them thinking about the size of their engine -- and the way we are going about it now, is not appropriate: its cool to be green. Screw that, go green because you think its right, and you want to do some good in the world.@ayeroxor : Don't reply to me with s**t like that just because you want it at the top of the thread. At least TRY to be intelligent; save the attempts at humor for the comedy video threads.
I live in SoCal, where gasoline prices are the highest in the nation. We typically see no more than a dime per gallon relief at the pump when driving season ends. Now, just before an election where gasoline prices are a major issue against the pro-oil industry party, there is a precipitous 40 cent drop-off from the regional summer peak. Coincidence? I think not.Enjoy your windfall folks, but vote as though gasoline was as expensive as ever in November.
I remember being shocked the first time I went to Europe and saw fuel prices... hell, the price on everything. Even Carrefour was high compared to Wally-World. How much of Europe's fuel prices are taxes? Any solid numbers?
"Its really sad when people make that correlation. Who had majority of congress during Clinton's years.....Republicans."There is a big difference between all three branches of the Federal government being run by one party (Republicans) versus the three branches of government being run by both Democrats and Republicans as in the Clinton years. You should know the difference. Why do you think some people are referring to Bush as King George (including a senator). "Shortly after the low prices, they jumped up to $2 a gallon in less than 2 years, Clinton was still president."Gas prices basically did not really go higher on a national average than $1.60 per gallon during the Clinton years (a few weeks during summer 2000) and were generally much lower. Americans did not experience $2 gas prices until George Bush became President. The push or increases up to $3 per gallon did not really start until after Bush beat Kerry and secured himself 8 years in the White House.Here is a site (non-government) that will give you an idea as to the gas price averages during the the Clinton and Bush years.www. lesjones.com /posts/002732. shtml
brstilsonSep 11, 2006
"What if I don't count the war in Iraq?"Yay! Bury me for calling out partisan bulls**t!
egoistSep 11, 2006
Those who bash "Big Oil" for the high price of oil are simply ignorant and have no concept of the futures market, commodities, or our economy in general. Blaming some faceless rich old white man is much easier than having to do things like learn how things really work.
tubatechnoSep 11, 2006
"Surging prices caused several reactions among consumers: better insulation in new homes, increased insulation in many older homes, more energy efficiency in industrial processes, and automobiles with higher mileage. These factors along with a global recession caused a reduction in demand which led to falling crude prices."You mean to tell me that the reduction in demand also led to the falling crude prices?!
tubatechnoSep 11, 2006
"How do you go from 79 cents per gallon when Clinton was president to $3 per gallon when Bush is president in approximately 6 years?"Its really sad when people make that correlation. Who had majority of congress during Clinton's years.....Republicans.
siroroSep 11, 2006
Public transportation in the UK is not cheap.I have to travel only 7 miles and it costs me £5.40 every day ($10.10).
iohannusSep 11, 2006
"Gasoline prices plunged more than 21 cents a gallon over the past two weeks"Son of a...Gas prices here (Utah) haven't moved at all. Still sitting at $2.90-$2.95. And the mountain west usually has the lowest prices in the country.
sorrowSep 11, 2006
@h4ppydotcom Well said, and i definitely agree that we are getting a bargain, comparatively speaking. And i agree more than i can explain right now (in a rush) that this country DOES need something to keep them thinking about the size of their engine -- and the way we are going about it now, is not appropriate: its cool to be green. Screw that, go green because you think its right, and you want to do some good in the world.@ayeroxor : Don't reply to me with s**t like that just because you want it at the top of the thread. At least TRY to be intelligent; save the attempts at humor for the comedy video threads.
egoistSep 11, 2006
Exactly where were you living when gas was $0.79 six years ago?
stonebearSep 11, 2006
I live in SoCal, where gasoline prices are the highest in the nation. We typically see no more than a dime per gallon relief at the pump when driving season ends. Now, just before an election where gasoline prices are a major issue against the pro-oil industry party, there is a precipitous 40 cent drop-off from the regional summer peak. Coincidence? I think not.Enjoy your windfall folks, but vote as though gasoline was as expensive as ever in November.
rekraptSep 11, 2006
I remember being shocked the first time I went to Europe and saw fuel prices... hell, the price on everything. Even Carrefour was high compared to Wally-World. How much of Europe's fuel prices are taxes? Any solid numbers?
jazzo65Sep 11, 2006
"Its really sad when people make that correlation. Who had majority of congress during Clinton's years.....Republicans."There is a big difference between all three branches of the Federal government being run by one party (Republicans) versus the three branches of government being run by both Democrats and Republicans as in the Clinton years. You should know the difference. Why do you think some people are referring to Bush as King George (including a senator). "Shortly after the low prices, they jumped up to $2 a gallon in less than 2 years, Clinton was still president."Gas prices basically did not really go higher on a national average than $1.60 per gallon during the Clinton years (a few weeks during summer 2000) and were generally much lower. Americans did not experience $2 gas prices until George Bush became President. The push or increases up to $3 per gallon did not really start until after Bush beat Kerry and secured himself 8 years in the White House.Here is a site (non-government) that will give you an idea as to the gas price averages during the the Clinton and Bush years.www. lesjones.com /posts/002732. shtml