Will gas prices ever drop below $2 a gallon

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

Post Reply

Do you believe gas prices will ever drop below $2

Yes
1
6%
No.....the oil companies know we'll pay ANY price for gas now!
16
94%
 
Total votes: 17
Message
Author
User avatar
azsnowman
Category 5
Category 5
Posts: 8591
Joined: Wed Feb 05, 2003 8:56 pm
Location: Pinetop Arizona. Elevation 7102' (54 miles west of NM border)

Will gas prices ever drop below $2 a gallon

#1 Postby azsnowman » Mon Sep 12, 2005 7:12 am

Do you believe gas prices will ever go below $2 a gallon?
0 likes   
Top
User avatar
azsnowman
Category 5
Category 5
Posts: 8591
Joined: Wed Feb 05, 2003 8:56 pm
Location: Pinetop Arizona. Elevation 7102' (54 miles west of NM border)

#2 Postby azsnowman » Mon Sep 12, 2005 7:16 am

With prices starting to drop a few pennies a day now :roll: I think once it hits $2.50 a gallon, IF it drops this low, that that'll be it.....the oil companies KNOW that we'll pay any price at any cost. BTW.....the casino is now down to $2.89 for the cheap stuff while the masked bandits here in town are STILL @ $3.09 :grr:

Dennis
0 likes   
Top
User avatar
gtalum
S2K Supporter
S2K Supporter
Posts: 4749
Age: 49
Joined: Tue Sep 07, 2004 3:48 pm
Location: Bradenton, FL
Contact:
Contact gtalum

#3 Postby gtalum » Mon Sep 12, 2005 7:45 am

I said no, but I disagree with the reason posted. Remember, the oil companies are paying for the oil they extract. They pay OPEC for Middle East and Venezuelan Oil, they pay the Texas Railroad COmmission for US oil, and they pay Canada and Mexico individually for their oil. The oil companies don't have as much control over the pricing of oil as many here seem to think they do.
0 likes   
Top
User avatar
Terrell
Category 2
Category 2
Posts: 634
Joined: Sat Sep 10, 2005 5:10 pm
Location: Orlando, Florida

#4 Postby Terrell » Mon Sep 12, 2005 11:56 am

The only real answer to the gas prices is to find other ways to provide power to our automobiles. The current gas prices are a damn good argument for alternative sources of energy. Problem is the lobbyists will put up as many roadblocks to this because they don't want the competition.
0 likes   
Top
User avatar
coriolis
Retired Staff
Retired Staff
Posts: 8314
Joined: Wed Feb 05, 2003 10:58 pm
Location: Muncy, PA

#5 Postby coriolis » Mon Sep 12, 2005 9:26 pm

I don't think we'll ever see it below $2.00 again. The higher prices are going to ripple through the economy and get built into prices and wages.

I just heard today that the IRS is allowing something like $0.40 per mile now.
0 likes   
This space for rent.
Top
User avatar
azsnowman
Category 5
Category 5
Posts: 8591
Joined: Wed Feb 05, 2003 8:56 pm
Location: Pinetop Arizona. Elevation 7102' (54 miles west of NM border)

#6 Postby azsnowman » Mon Sep 12, 2005 9:36 pm

coriolis wrote:I don't think we'll ever see it below $2.00 again. The higher prices are going to ripple through the economy and get built into prices and wages.

I just heard today that the IRS is allowing something like $0.40 per mile now.


When ever we have to use our own vehicles for the PD (traveling to trainings etc) they are paying .42 a mile, that's up .10 in 5 weeks!

Dennis
0 likes   
Top
pojo
Military Member
Military Member
Posts: 8016
Age: 43
Joined: Thu Feb 06, 2003 9:16 pm
Location: Houston

#7 Postby pojo » Wed Sep 14, 2005 1:00 pm

Its 0.68/liter here in the middle east... yup, no shortages of gas around the bend.
0 likes   
Top
Post Reply

Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 45 guests