$5.00 a Gallon Gas by January 1st 2012
12-28-2010, 09:11 AM
#22
Senior Member
Join Date: 04-07-2008
Location: Wisconsin
Posts: 1,051
Ah yes, the media just loves to dramatize. Remember what happened when it went to 4$ last time? It was the economy's tipping point. We went from a recession to a depression. People backed off and used less. Then the price of oil plummeted. The economy still hasn't picked up. Yet the speculators are testing the waters to see how high they can push the price before we back off on usage again. What do you think is going to happen when its $4 or even $3.50, let alone $5? Even OPEC doesn't want prices that high. They have already stated in the last few weeks that they are ready to increase production if the price goes much higher. I'm not saying we won't see $5.00 some day, even the next few years maybe. But I can't see it going that high in a year. The economy just isn't ready for it.
12-28-2010, 09:43 AM
#24
Senior Member
Join Date: 03-22-2010
Location: Russia Ekaterinburg
Posts: 2,030
Ah yes, the media just loves to dramatize. Remember what happened when it went to 4$ last time? It was the economy's tipping point. We went from a recession to a depression. People backed off and used less. Then the price of oil plummeted. The economy still hasn't picked up. Yet the speculators are testing the waters to see how high they can push the price before we back off on usage again. What do you think is going to happen when its $4 or even $3.50, let alone $5? Even OPEC doesn't want prices that high. They have already stated in the last few weeks that they are ready to increase production if the price goes much higher. I'm not saying we won't see $5.00 some day, even the next few years maybe. But I can't see it going that high in a year. The economy just isn't ready for it.
Our *******s act the same way. Run the "duck" and watch how people react. Win-win game. If the nation is silent - "duck" becomes a reality. If people are actively resents - comes into play "good" president and stops the officials: "You bastards, just lost a conscience? " Do not let tyrannize the people! "
12-29-2010, 12:20 AM
#27
Senior Member
Join Date: 03-22-2010
Location: Russia Ekaterinburg
Posts: 2,030
In Ekaterinburg, 1 liter AI92 = 23 rubles. It is 2.9 dollars per gallon. Petrol "Premium" - 3.5 dollars per gallon!
After 01.01.2011 the Government raises export duties. In addition, increased excise taxes. In addition, the increase in cost of a barrel on world markets.
Predict a rise in gasoline prices at 1 ruble (3%) is a 3 - Dolar per gallon.
It seems that this general tendency.
I can understand the rise in prices in the U.S.. Country does not produce oil and is totally dependent on external supplies. But Russia .. Oil production - the main industry. How is it possible to justify the artificial rise in prices if the cost of oil production is not growing?
I have been in the oil countries. In Egypt: 0,7 dollars per gallon. Azerbaijan: 1,6 dollars per gallon.
Where is rolling world.
After 01.01.2011 the Government raises export duties. In addition, increased excise taxes. In addition, the increase in cost of a barrel on world markets.
Predict a rise in gasoline prices at 1 ruble (3%) is a 3 - Dolar per gallon.
It seems that this general tendency.
I can understand the rise in prices in the U.S.. Country does not produce oil and is totally dependent on external supplies. But Russia .. Oil production - the main industry. How is it possible to justify the artificial rise in prices if the cost of oil production is not growing?
I have been in the oil countries. In Egypt: 0,7 dollars per gallon. Azerbaijan: 1,6 dollars per gallon.
Where is rolling world.
12-29-2010, 09:05 AM
#28
Member
Join Date: 08-03-2008
Location: Mendota Heights,MN
Posts: 53
Where do you come up with this nonsense? Income redistribution program? Friend, for the last 30 years the only Income redistribution program has been to the top 2% of this country, the middle class has been slowly squeezed out, all jobs sent overseas. I know "you got yours and to hell with everyone else", seems to be the rights mantra, but I believe that we as a nation need to come together and find common ground between the right, left & independent, to bring good jobs back to this country before it's too late.
12-29-2010, 10:03 AM
#29
Senior Member
Join Date: 03-22-2010
Location: Russia Ekaterinburg
Posts: 2,030
Where do you come up with this nonsense? Income redistribution program? Friend, for the last 30 years the only Income redistribution program has been to the top 2% of this country, the middle class has been slowly squeezed out, all jobs sent overseas. I know "you got yours and to hell with everyone else", seems to be the rights mantra, but I believe that we as a nation need to come together and find common ground between the right, left & independent, to bring good jobs back to this country before it's too late.
12-29-2010, 01:28 PM
#30
Senior Member
Join Date: 01-04-2010
Location: Imported from Detroit
Posts: 1,584
Perhaps but trust me I think with the new TSA junk, there will be increased driving vacations. I know I don't plan on flying anytime soon.