VIPER GTSR 91
Enthusiast
USA Today announced forecasters predict $4.00 gal. by this Spring, and this is not for premium. Shell CEO thinks $5.00 gal. in 2012. Any more Vipers for sale???
$4.00-$5.00 gal. forecast !!!!
- Thread starter VIPER GTSR 91
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VicTxV10
Enthusiast
Yep, heard this today. Let Maxine Waters from CA run the oil companies, we'll see higher than that.
GTS Bruce
Enthusiast
$7.00/ gal would even be better. Would remove a lot of *** holes towing **** and granny from the left lane. GTS Bruce
Rizzo
Enthusiast
Come to Canada. We're allready there. $1.12 / litre here. x 3.8 for a US gallon and we're over 4 bucks a gallon. Its crazy.
Darbgnik
Enthusiast
They are coming to Canada, of sorts. The Canadian goverment has put the federal excise tax on fuel into general revenues for years. And it looks as though they are gonna do the same in the US as well.
vancouver-gts
Viper Owner
It has been 1.19 per liter for regular here for a while . 1.19 X 3.8 = $ 4.522 per US gallon .Lots of it is taxes 
FastZilla
Enthusiast
Food is next.....
Frankster
Enthusiast
Alternativs like electric cars with improved battery technology are looking better all the time. The next richest man in the world will be the one who invents or oversees the invention of viable battery technology...... This the only real impediment to an alternative to hydrocarbon fuels.
cfiiman
Viper Owner
If that happens I feel like a lot of stuff is going to suffer, airlines being first...I hope this is not true as it will truly "**** ass".
GTS Dean
Enthusiast
Keep this in mind - no matter what the pump price is, the federal motor fuel tax is still going to be 18.4 cents/gallon. It is not a percentage of the pump price. It is not indexed for inflation. It has not been raised since 1993 and is not adjusted to compensate for increased fleet fuel economy.
Under the (18 months past) expired highway bill, the average US construction & maintenance funding has been $40.3 billion per year and it's clearly not enough to keep up with demand. Revenues to the Highway Trust Fund have averaged $40.1 billion for the past 6 years.
BUT, 20% of our federal gas tax revenue comes right off the top to subsidize mass transit systems, leaving only $32 billion/year to fix roads with. Congress is deficit financing an average of $10 billion in highway work out of the general budget, despite the fact that actual highway revenues are very close to what the expenditures are.
Why does our goverment deficit finance a pay-as-you-go highway system and subsidize mass transit with gas tax money?
Under the (18 months past) expired highway bill, the average US construction & maintenance funding has been $40.3 billion per year and it's clearly not enough to keep up with demand. Revenues to the Highway Trust Fund have averaged $40.1 billion for the past 6 years.
BUT, 20% of our federal gas tax revenue comes right off the top to subsidize mass transit systems, leaving only $32 billion/year to fix roads with. Congress is deficit financing an average of $10 billion in highway work out of the general budget, despite the fact that actual highway revenues are very close to what the expenditures are.
Why does our goverment deficit finance a pay-as-you-go highway system and subsidize mass transit with gas tax money?
GTS Dean
Enthusiast
And how are electric vehicles assessed to fund their fair share of maintenance and roadway expansion? Anyone?
They aren't. They pay a registration fee and that's it.
I love how this gas price game is played. Oil companies "predict" that gas prices will soar in say the next six months to a year. Low and behold some how these predictions always come true, and each time we all go around in circles coming up with reasons to justify this garbage.
You and I pay for it, for now. But once electric vehicles take hold and make up a measurable portion of the vehicles on the roads then say hello to a host of new taxes, surcharges, electricity rate spikes...suddenly hyrocarbon fuels will be looking real good to electric car owners. Oh, there's that problem with the power infrastructure in this country that needs to scale significantly in order to meet this newfound electricity demand for charging these batteries. Can't use hydrocarbon fuels to power these new plants (that would hypocritical) so hello nuclear. But we all know how cheap, affordable and abundant electricty and will continue to be.
Yep, electric cars are the answer... if one is wearing ****-stained glasses.
eucharistos
Enthusiast
it is all by design
and i remember when office ran on a 386 w/ 128k of ram
drive 'em while you can buds
12/21/12
and i remember when office ran on a 386 w/ 128k of ram
drive 'em while you can buds
12/21/12
$5 per gallon bargain !
$1.93 per liter here for petrol and more for diseal (about 70% of the cost is tax)......
prices increased this morning with a government hike in tax, we now pay a 20% tax on just about everything we buy
$1.93 per liter here for petrol and more for diseal (about 70% of the cost is tax)......
prices increased this morning with a government hike in tax, we now pay a 20% tax on just about everything we buy
Chuck 98 RT/10
Enthusiast
They said $5 a gallon of and on for the past 10 years. Eventually it will hit it.
viper GTS-R
Enthusiast
Yeah but why now? Why now at this point in time? Cause they want it to be? Cause of all the media frenzy about the earth exploding next year that every event before it has to come true? To me it's just stupid politics and it's really ******* me off!
When I was in high school, almost everyday all my history teacher would say to my class was that 'pretty much none of us are going to make it in life because of health care and this and that'. Not exactly the kinds of words you'd want to hear as your getting into the business side of the world.
I understand the whole 'gas crisis' thing, it's going to happen one day regardless, but it's like Tony said about the electric cars, I will not bend over and take it in the alps so I HAVE buy one of those things. Nearly every car magazine, editor, whatever gave that stupid Volt the 'car of the year' award. Why?! The EPA gave the thing a 93 MPG rating on electric and yet several people have driven them and have been lucky to get even half that. It's $40K too!
--RS
georgethedog
Enthusiast
The economists are predicting an improved economy... hmmmm... the oil companies then extrapolate that to increased demand as people travel more... The amount that can be refined is fixed (no new refinieries)... And the key: the oil companies control how much GETS refined (use refining capacity or not). Therefore, if there is a reason for everyone to think demand will go up and supply is controlled (up to a ceiling of capacity) by the oil companies, then prices are "staged" to go up. Why didn't prices go "way down" in the first place a few years ago when the economy tanked? Answer: oil companies controlled the supply by refining less thus keeping the prices artificially high. It's a loose version of price fixing or price manipulation. It's real--get used to it. And, if for some reason half the people in the country start driving some amazing car that gets 150mpg or doesn't use gas at all, don't think gas prices will go down--no because they will just refine less keeping prices high. I'm a glass half empty guy...
jmillsUT28
Enthusiast
Yea, how is all the "Hope and Change" going for you.....we have more socialistic programs being tried every day (per Pelosi, we have to pass the bill so that you can find out what is in the bill), look at the cities and states that may file bankruptcy this year, unemployment really up over 15% yet we keep paying people to stay home for another year....we are also close to 50% people will NOT be paying any income tax to pay for this "power-grab" economy that is barely floating, food is going up as I write this, soon anything brought to market will have to increase with oil going up, yet Obama loaned $2 Billion to south america to do drilling and he wants to regulate every drilling done in the gulf...what is really wrong with this picture....oh yea, Bush is starting to look better already !!??
Ray W
Enthusiast
Availability is more important to me than price. Drive less and the price will come back down.
NI-KA
Enthusiast
CSP Daily News carried a story that said Sunoco was looking to sell or close three of its five refineries.
In 2010 and 2009 over a million barrels of refining capacity was lost in the USA. There were some refining increases like Marathon Oils Garryvillle, LA expansion but but overall a net decrease.
In 2010 and 2009 over a million barrels of refining capacity was lost in the USA. There were some refining increases like Marathon Oils Garryvillle, LA expansion but but overall a net decrease.
georgethedog
Enthusiast
GTS Bruce
Enthusiast
Why now? Obama drill moratorium. GTS Bruce
ViperGTS
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your gas is way to cheap compared to ours ... wait till you pay 8-9 $ a gallon - time to 
NI-KA
Enthusiast
CSP Daily News carried a story that said Sunoco was looking to sell or close three of its five refineries.
In 2010 and 2009 over a million barrels of refining capacity was lost in the USA. There were some refining increases like Marathon Oils Garryvillle, LA expansion but but overall a net decrease.
In 2010 and 2009 over a million barrels of refining capacity was lost in the USA. There were some refining increases like Marathon Oils Garryvillle, LA expansion but but overall a net decrease.
Solid Red 98
Enthusiast
- Joined
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I tend to buy some oil stocks as a counterbalance to rising gas prices. Up goes the cost of gas, up go oil stocks, up go my dividends... Every little bit helps--kinda like paying off the devil, but... I also have a 72 Honda 600 coupe for those short runs to the corner store. .
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