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Crude futures plowed to a new high near $49 a barrel Thursday as the threat of sabotage to Iraqi oil infrastructure loomed larger than promises from Baghdad to boost exports in coming days.



Notice how the price of gas has stabilized? Tells me that there is a lot of margin at the refinery.

Started dollar cost averaging into New Era. May soon have the same delema with Energy that I had with REITS if they keep going up. Then again New Era is in more then energy and may be in other stuff it valuations get to out of hand.

I do think the next car will be a hybrid. Has the cost of gas every caused any of us to change our plans? I generally walk when I can and feal guilty about my hour commute to work.

Lotto

http://www.flalottomagic.net/cgi-local/ ... elcome-344

MagicZ4941A

jwolf7722 wrote: this should be a good subject. do you really think gas prices are to high? compared to alot of other countries are prices are still low. i think we are just use to the prices and when they shot up alot people start to freak out. future predictions say gas is only going to get more expensive in the long run. i guess i have it lucky i drive about 1/2 a mile to work. but if americans are complaining so much about prices why not get rid of the suv idea and stick to more compact cars. or suvs that get better gas mileage (2005 jeep liberty is coming out with a turbo diesel that gets around 500 miles out of a gallon you can get a base model for about 24000 which is not bad for a new suv) diesel is the future. better gas mileage, cleaner fuel, easier to produce diesel than gasoline. i dont see why there is not twice as many diesels out there as gasoline cars. they are usually more expensive to work on and cost more to make.

i guess my point is gas prices are not that bad. they are around 2.00 a gallon here in ohio for regular. i just hate when people complain . there was a younger lady at the gas station this mourning complaining about how it takes 45 dollars to fill up here jeep grand cherokee (v8) and then she gets only 300 or so miles out of a tank. well when you have a suv that is a V8 and is all wheel drive guess what you are not going to get good gas mileage.

im just tired of people complaing.


Oh allow me my 2 cents here folks, gas prices, I live in Alberta the oil and gas producing meca of Canada with exception of Hibernia off the east coast ok, and in the past 5 years I have watch our prices soar over 40% Sorry that is totally unacceptable. We have that stuff running in our veins those of us who have lived here longer than a decade. I find it intolerable the hikes for no reason. Curse the middle east they are the culprit sitting back watching us drive up our prices.

Yeah, it's a funny subject. I used to work as a lifeguard at the local country club when I was younger. Every Sunday, all the gas producers and gas station owners met in the bar for a "private meeting". Price fixing, pure and simple.

It's weird that although I live in one of the largest oil patches in the US, with refinieries all around town, our gas prices aren't low. (They say that they have to ship the gas to a storage facility, then ship it back) Huh?

And I really, really don't understand the whole "SUV" thing. Doesn't anyone remember the long lines during the 70's? How could gas mileage possibly go down in the last thirty years?! By now we should have 100MPG cars!

When I bought a new pickup recently, I deliberately bought a small, 6-cylinder one. (It's still worse than my little 4-cylinder Mazda pickup from the 80's)

I'm expecting $5.00 a gallon before 2010.

I'm expecting $5.00 a gallon before 2010.


GASP bite your tongue young man!!!!!!

Alright is this just me or do others see this also.

They say the price is going up in the futures market because of this threat or that threat but nothing every happens, the threats are never realized so were paying for the possiblity of something happening. Which would be palatable to me if just once something actually happened to justify the threats. :-5

jahamaa wrote: were paying for the possiblity of something happening. Which would be palatable to me if just once something actually happened to justify the threats. :-5


lol. Same way I feel about my life insurance...or car insurance...or fire insurance...



I honestly believe that Detroit has had the technology to solve all these problems for years, but they won't break it out until we are screaming from the pain of the high prices.

Jives wrote: lol. Same way I feel about my life insurance...or car insurance...or fire insurance...



I honestly believe that Detroit has had the technology to solve all these problems for years, but they won't break it out until we are screaming from the pain of the high prices.


Jives, way back in the 60's my dad used to say that big business wanted the worker to be able to see daylight but never quite reach it and the older I get the more right I think my old man was. The gas prices are just another piece of that game being plyed on us.

"They" are always talking about shortages and supply and demand. But the fact is if you have the cash you can get all you want so in what way are we short. Other than me being short on cash.

PS Jives, How is your wife?

Jives wrote: lol. Same way I feel about my life insurance...or car insurance...or fire insurance...



I honestly believe that Detroit has had the technology to solve all these problems for years, but they won't break it out until we are screaming from the pain of the high prices.


Jives you're right on the mark, Detroit (as well as overseas mfgrs) needs to feel the pain!!! But as long as "people" still keep buying those "Gas-Guzzlers" not just SUV's, many cars get only 12 to 14 mpg also, they will never stop. Why should they, they get big bucks for those guzzlers! :-5 Hybrids are the way to go for the immediate future, eventually when Fuel Cell powered Cars become perfected they will be the wave of the future!

Cars :driving: