$5 Gas in 2012?

[KenC]

I have always wondered as to why we all drive cars that use fossil fuels in the first place. Ferdinand Porsche was building electric cars back in the 1890's. GM had the EV1 that did 100miles on a charge,137HP and weighed 2900 pounds. 0-50 in 6.3 sec, the Tesla can do 240 miles to a charge. my point is, I feel we have the technology and brain power to rid our selfs from the need of fossil fuels. but our profit driven system is holding us back from that progression. just as it is holding us back from the curing of "incurable disease" and providing food,cloths,shelter,education to every living person on this planet.

It still takes fossil fuels to produce the electricity. Battery technology hasn't reached the point where we can store mass amounts of wind generated power.

Which diseases aren't being cured due to greed?

[tjts1]

Thats what they said about $3 gas. Tired argument.

[z31maniac]

Exactly. Start bitching when you're paying $10/gallon.

America would roll to a halt long before gas got that expensive.

[mr.vang]

i was watching the news the other day and the reporter was talking about how the government blame the protesters in one of the country in the middle east for the increase in gas price but he quote that the US only import 2% of oil from that country. i'm going to start riding my bike to school.

[M-technik-3]

Stop bitching, you guys have cheap gas compared to Europe.

Taxes in EU pay for health care and early retirement. Lived there know the deal. Look at all the foreigners with no jobs that collect from Gov't of Germany.

[tjts1]

Today at 4.07 (premium) in SF! Diesel is at 4.19.

Sucks to drive a diesel.

Stop bitching, you guys have cheap gas compared to Europe.

Exactly. Start bitching when you're paying $10/gallon.

[10Toes]

Almost $4, time to take out the 3.25 and put in the 2.93 diff

[MikeDE]

Stop bitching, you guys have cheap gas compared to Europe.

[deutschman]

Today at 4.07 (premium) in SF! Diesel is at 4.19.

[M-technik-3]

Fun week up twenty cents between filling my two cars. Filled one at $3.29 Tuesday and today it was $3.49 at same station and they hadn't raised the price yet like the the station 200 yards up the road.

But it's 3.49/3.59/3.69 here today with diesel at 4.03. Not gonna be a fun year that is for sure. At the jumps we have been seeing, I expect $5.00 by Labor day.

Doubt it hits the floor, "Reform commodity trading - Food speculation causes hunger" http://www.foodfirst.org/en/node/3294

http://www.foodfirst.org/sites/www.foodfirst.org/files/pdf/Wyden_bill_Jan_2011.pdf

[mar1t1me]

About 20 years ago, I told my dad that I thought buying a house was dumb. I felt like if you took all the money you have to spend fixing things, property taxes, etc, and simply saved the money, that you would probably come out ahead in the end. Especially as the US shifts from a work-at-one-company-forever country to a much more transient workforce. And now, we see that being a home owner increases a person's risk of being unemployed, because people can't uproot and move to a new job quickly. They tend to spend more time on unemployment looking for nearby jobs. Being immobile also means you may be forced to commute long distances at significant cost.

We are making a big transition in this country right now, and it's no surprise many aren't going to accept it quietly. Things are becoming more decentralized, and government as we know it has become far to unwieldy in its current state. The Tea Party Constitutionalists have had the right idea, but unless they can stand on their own without support from the DNR, GOP or the Koch Bros., they will be doomed to the status-quo.

Imagine being easily mobile, able to move from job to job without long commutes. Imagine being able to walk a few blocks or pedal a few miles to work because you live nearby. What do you think would happen to the price of a gallon of gas then?

The American Myth of home ownership and cradle to the grave job security is over. And there ain't a goddamn thing government can do to stop it.

[Frog]

Its because this administration is printing money 24/7 devaluing the dollar. Oil is traded on the world market and our dollar is not worth the paper its printed on, gas Will BE $5 by 2012.


Get ready to take it in the ASS, "you" voted for it!

Gas is up, 18% this year alone...

This isn't because of the administration..

We have a finite amount of oil. We can only pump so much.

Demand is increasing exponentially, and our production (or pumping) is leveling off. In the near future, production will start to decreasing.


The way wells work, at first, pumping is hard and oil comes out very slowly.. As time goes by, the rate increases. About halfway through the well capacity, at the peak rate of pumping, this rate decreases, forming a bell shape production curve.


You probably won't agree with this, but we have exhausted half of our planet's supply of oil.
So, production will start to become harder, and harder..

You will see an increase in gas prices mainly because of the soon-to-come increase in the cost of oil. The whole world will have an increase in gas prices. Yes, our dollar will be worth a little less in 2012, but that isn't the reason why our gas prices will shoot up..

Yes, we have it in the ass.. The whole world does.. This isn't because "you" voted for it..

You're like the Glen Beck of R3vlimited..

[e30trooper]

at my job ( chevron privetly owned ) 91 oct is at 4.0999 a gal.
will be 5 bux by summer. ty M.E.

[!kid]

I have always wondered as to why we all drive cars that use fossil fuels in the first place. Ferdinand Porsche was building electric cars back in the 1890's. GM had the EV1 that did 100miles on a charge,137HP and weighed 2900 pounds. 0-50 in 6.3 sec, the Tesla can do 240 miles to a charge. my point is, I feel we have the technology and brain power to rid our selfs from the need of fossil fuels. but our profit driven system is holding us back from that progression. just as it is holding us back from the curing of "incurable disease" and providing food,cloths,shelter,education to every living person on this planet.

[weare30]

Cost 45$ to fill up my eta today guess it's slowly coming true :/