|
|
Post by Tim Lewis on Mar 3, 2011 1:19:06 GMT -5
The prices are going to keep going up and up until American consumers make a statement and stop buying the product and/or significantly cut back on buying the product.
What that price is, who knows.
Will people pay over $100 for a tank of gas. Probably.
What about $200?
|
|
|
|
Post by Joey "TANTRUM" on Mar 3, 2011 6:47:07 GMT -5
im happy i only live 2 blocks away from work if it was to much i can still walk
|
|
|
|
Post by John Wilson on Mar 3, 2011 6:53:15 GMT -5
Gasoline is not the major percentage of petrolium consumption. You cannot cut back enough on gasoline to greatly impact petrolium demand.
Add to that, petrolium costs are less than 1/3 of what a gallon of gasoline costs. Taxes are by far the largest cost percentage of a gallon of gasoline. Tax on gas is a percentage, so the higher gas goes the taxes increase at an even higher rate.
The real pain caused by an increase of petrolium prices is felt in manufacturing. The cost to produce anything skyrockets. Jobs are cut to make up the difference.
Petrolium is the bedrock of production. Production doesnt end until the product has been transported. Everything you touch or eat is driven costwise by petrolium prices- directly in raw materials, energy, and manufacturing or indirectly by transportation.
|
|
|
|
Post by Chris Kaufman on Mar 3, 2011 10:35:56 GMT -5
|
|
|
|
Post by Mike Giannelli on Mar 3, 2011 18:09:10 GMT -5
CNG dropped to 1.61 gl for me!! yeah!
|
|
|
|
Post by Michael Avery on Mar 6, 2011 23:04:03 GMT -5
|
|
|
|
Post by Chris Kaufman on Mar 12, 2011 18:19:06 GMT -5
$1.65 gl for CNG.. Total to fill up is less than $9!  What kind of car do you have? Is it the Civic GX? If so, have you had any problems with it? |
|
|
|
Post by Justin Kaufman on Mar 12, 2011 21:36:51 GMT -5
I wonder if any of you guys remember when they used to post exactly how much per gallon was subject to federal tax????not the %. I recall when I first started driving (68 mustang, yeah!!) gas was like $1.10 ish and the tax was around $.58 or so..... So I wonder how much of the $3.30 is tax now?? So if my math is correct that was like 63%, which would figure todays dollars at $2.11?  If my math is right...........? |
|
|
|
Post by Dan Benoit on Mar 13, 2011 2:34:40 GMT -5
^^^^Yup, they think the arabs make the money on the oil, when its actually uncle sam. what are we gonna do.
|
|
|
|
Post by Dayne Roark on Dec 10, 2015 16:20:10 GMT -5
Im enjoying the current fuel prices although I hear it takes a toll on the people that work in the oil field!
|
|
|
|
Post by jorander on Jun 8, 2017 8:34:32 GMT -5
I have paid $3.51! We need to do something with that because it is not a game! |
|
If my math is right...........?
