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Old 05-25-2007, 02:18 PM   #1
Hammer67
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Default Gas prices and worry warts.

Gasoline prices?gets everyone fired up these days. I was thinking about this recently as many people talk about it. Almost unanimously people are upset about how high the prices are and how terrible it is. What got me thinking is a conversation with an acquaintance in Scotland. His point was "Why do Americans complain so much about fuel prices (or Petro, as they call it there)?" he said they pay, on average, about $7 US per gallon of gas in most of Europe. In fact, the USA is on the lower end of the spectrum in regards to gas prices in the civilized world.

Also, read some interesting comparisons regarding inflation and adjusted costs of gas from today compared to the 70's and 80's. Turns out that gas in 1981 cost almost $3.50 per gallon if you account for inflation. It was almost always in the $2+ range during the 80's. Only towards the end of the 80's did gasoline drop to record lows. I remember paying $0.99 a gallon at one point in high school, in the early 90's.

Also, why do people drive across town to save 5 cents per gallon on gas? Is it really worth the drive for 75 extra cents saved? What does a .50 cent hike amount to??? $5?? That's like two beers at Pipers in the South Side!


I am not defending the oil companies or the cost of gasoline. I just think sometimes the media and people over emphasize our situation especially since many of us are uninformed as to the plight of the rest of the world. We also don't realize that gasoline costs are the result of the rise in demand in emerging economies like China and India.

So, why are we complaining so much? And, why do we keep buying trucks and SUV's? Shouldn't we be happy that we aren't driving in Europe?

Just food for thought?

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Old 05-25-2007, 02:35 PM   #2
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Default Re: Gas prices and worry warts.

the best is somebody bitching about the price of gas after spending a buck fifty on a quart of evian water.
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Old 05-25-2007, 08:16 PM   #3
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Default Re: Gas prices and worry warts.

The problem is that gas is 3.09 at 7 AM in the morning and 3.49 at 9 AM. We were unhappy when it was 3.09, and more unhappy when it jumps to 3.49, but if they leave it at 3.49 for a week then reduce the price back to 3.09, we're suddenly happy that the gas is so cheap, when all along the gas is still probably .60 a gallon overpriced at 3.09. And it's frustrating because there is really nothing any of us can even do about it except complain!
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Old 05-25-2007, 08:22 PM   #4
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Default Re: Gas prices and worry warts.

I've long ago cut down my driving as little as possible. I have a 60 mile round trip everyday to work and that's just not uncommon in a city like Cinci where the suburbs sprawl all around the city and you have to drive half way around it to make a living. I stop and do any shopping on the way home from work if I need anything so I don't have to make another trip. The only way I can cut out anymore driving is to quit working. Now that's a thought..........
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Old 05-25-2007, 08:35 PM   #5
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Default Re: Gas prices and worry warts.

I drive an hour to work everyday so I hate paying this much in gas. Yes I do know how high gas costs in Europe and in many other parts of the world. I dated a German chick before.lol But the overall cost of living isn't as high in Germany as it is here in the states.
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Old 05-25-2007, 08:39 PM   #6
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Default Re: Gas prices and worry warts.

Quote:
Originally Posted by Black and Gold Forever 32 View Post
I drive an hour to work everyday so I hate paying this much in gas. Yes I do know how high gas costs in Europe and in many other parts of the world. I dated a German chick before.lol But the overall cost of living isn't as high in Germany as it is here in the states.
I don't know if they have the driving habits we do, either......the long commutes to work.

I remember growing up, and our whole family used to take a Sunday drive just for the "fun" of it!! We'd drive out around a nearby reservoir and get an ice cream cone. Now I can't afford to do either one!!
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Old 05-25-2007, 08:46 PM   #7
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Default Re: Gas prices and worry warts.

Quote:
Originally Posted by stillers4me View Post
I don't know if they have the driving habits we do, either......the long commutes to work.

I remember growing up, and our whole family used to take a Sunday drive just for the "fun" of it!! We'd drive out around a nearby reservoir and get an ice cream cone. Now I can't afford to do either one!!
There is long drives to work. Just does not take as long as it does here in the states.. The Euro came in and they said prices would get cheaper, but what use to cost 1dm cost 1 euro, so in all they double the price of what you have to pay out for things of what it use to be. Germany is very nice way of life tho, lived there for 10 years and my wife is german.
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Old 05-26-2007, 10:32 AM   #8
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Default Re: Gas prices and worry warts.

Quote:
Originally Posted by revefsreleets View Post
The problem is that gas is 3.09 at 7 AM in the morning and 3.49 at 9 AM. We were unhappy when it was 3.09, and more unhappy when it jumps to 3.49, but if they leave it at 3.49 for a week then reduce the price back to 3.09, we're suddenly happy that the gas is so cheap, when all along the gas is still probably .60 a gallon overpriced at 3.09. And it's frustrating because there is really nothing any of us can even do about it except complain!

That's one area that I think is perposterous. For instance, on one part of my work - home journey, I pass two BP stations about 1 mile apart on the same road. The first station is ALWAYS about 10 cents cheaper then the second. Why?

When they say the gas stations don't individually set the prices, that's a bunch of shit.
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Old 05-26-2007, 11:15 AM   #9
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Default Re: Gas prices and worry warts.

The problem would seem to be that the United States has placed a substantial amount of its oil and natural gas potential off limits.......while other countries drill just off our shores...Our firms face restrictions on drilling in most offshore areas,...it's not because we're lacking for domestic energy. Since the 1990s, the federal government has placed severe restrictions on new energy development, particularly in some of our most promising areas.

But back then, oil and natural gas were cheap, and the need for additional energy wasn't considered significant..... (Also, the 1989 Exxon Valdez oil tanker spill led to heightened environmental concerns about offshore energy production)...Environmental concerns took precedence over future economic considerations. Soon, access to 85 percent of federally controlled offshore areas had been restricted, including the Pacific and Atlantic coasts, and portions of the areas off the shores of Alaska and the eastern Gulf of Mexico...... No one knows how much energy lies in these areas. But many agree there's enough to bring stability to energy markets and make a real difference in oil and natural gas prices for years to come.

According to a recent Interior Department study, restricted offshore areas contain an estimated 19 billion barrels of oil and 84 trillion cubic feet of gas - several years' worth of total U.S. consumption. It may be even higher given that most of the off-limits areas haven't been thoroughly explored.

And even though refineries were dealt severe blows by Hurricanes Katrina and Rita.....(at the peak of damage, one-fourth of America's domestic oil and gas production was off-line).....No offshore wells suffered significant spills resulting from the storms.Politics, not geology, is the reason America has put so many energy eggs in this one hurricane-prone basket......Those storms should teach us that allowing drilling elsewhere would give us greater supplies, lower prices and less vulnerability should disaster strike any one area.....today, scientists estimate that merely 1 percent of the oil found in U.S. waters results from oil production spills.

Now we have Cuba who wants to let the Chinese drill in some of the very parts of the gulf that American producers are forbidden to touch....as close as 45 miles off the Florida coast. Do we truly believe that the chines will be concerned about the enviroment then we are?!!!

It's time we stop assuming that all energy exploration is bad.... we haven't had a spill from offshore drilling in nearly 40 years. Neither has Canada, which permits drilling off its Atlantic and Pacific coasts and in the Great Lakes, where some rigs are closer to U.S. shores than American producers are permitted to drill.

America's energy problems are partially self-imposed.....that needs to end. Congress overreacted in the 1990s, and it needs to undo its damage. But fear of losing a votes fron ultra-enviromentalist's will hamper that type of decisiont.....even thyough our energy needs will not decrease....the time has come to lift the restrictions on offshore energy production and let U.S. producers do what they can to meet our growing energy needs
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Old 05-26-2007, 11:38 AM   #10
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Default Re: Gas prices and worry warts.

Putting aside all the things that make gas prices higher, I think one reason that $3.50 gal gas affects us more than $7 gal gas does a Scotsman is 1) the longer distances for commuting here in the US and 2) the ineffectiveness of mass transit as a viable means to alleviate it, out in the country. Here in Wilkes-Barre/Scranton/Hazleton there aren't enough riders going to common destinations to make busses viable. There is no way for me to cover my 39 mile (each way) commute other than get in a car and drive it.


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