Time to start hoarding.

LaChanz: Time to start hoarding.

Wow, did you come out of hiding just for this? I haven't seen you in a long time.

at least until the election is over.

madcharlie: LaChanz: Time to start hoarding.

Wow, did you come out of hiding just for this? I haven't seen you in a long time.

Not my usual Fark time is all. I'm an early bird so anytime between 4 and 6 am is my usual lurking time.

/now I'm off to fill all my empty gas cans at $2.79 here in Maine.

LaChanz: Time to start hoarding.

Good idea. Things are not going back to the way they were and the hoards of clueless sheep haven't figured that out yet.

I will be driving my Hybrid SUV thank you very much

And we KNOW the prices couldn't possibly ever rocket up again.

Especially not immediately after the election.

Especially after this summer, when everybody complained most bitterly and the oil companies simply quaked in their boots as everybody kept buying $4+ gas.

We certainly showed THEM.

Love it.

/going leaf peepin' up in the Adirondacks today in my 12mpg guzzler

Meanwhile, I'm working on moving to a city that's not dragging its feet on mass transit.

Going to go buy an old 500 gallon propane tank and fill it up with some cheap gas.

Loves living in Rural Illinois

While I support hybrid vehicles and other alternative energise, "hybrid squishin" made me giggle. ;)

co-conspirator: And we KNOW the prices couldn't possibly ever rocket up again.


The last time I had an opportunity to buy a vehicle, I bought one that had the about best MPG rating I could find in a new car- even though gas was 2.40 a gallon I knew that someday we'd all be farked.

And you know what? People STILL hate on it. They literally say things like, "I just make more sales." or "I don't care. I will go right back and fill up as many times as I want."

WTF is wrong with people?

You might want to wait until the gas is winterized before hoarding (assuming you're living in an area where there's actual winter).

So glad that gas is still 3.69 here. I mean hell, its dropped 50 % in price right? Why the fark isn't gas 2$?

The price is down because the people who were manipulating the price worked for companies that have gone bankrupt.

Denaliano: Love it.

/going leaf peepin' up in the Adirondacks today in my 12mpg guzzler

Nope, there's nothing ironic about appreciating nature by taking one of the most polluting things you can think of into the middle of it.

Might as well dump your oil pan in the middle of the ground up thee.

Me: No thanks, I'm done smoking crack.
Dealer: You sure? Here, I'll give you a 20% discount.
Me: No thanks, no more crack for me.
Dealer: You suuuure? How about 25%?
Me: Hmmmm. No. I'm done.
Dealer: Okay. 50%.
Me: Well, okay. Just this once.

justafarkingchef: at least until the election is over.

Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election.

Lucidz: So glad that gas is still 3.69 here. I mean hell, its dropped 50 % in price right? Why the fark isn't gas 2$?

my thoughts exactly

I'm really wondering how much of the price increase was due to China buying up as much as they could pre-Olympics, wanting to give the appearance to the rest of the world that they are a country that is totally up to date with things. Can you imagine the bad press China would have had if everyone ran out of gas over there?

It does seem that "global demand" for oil started falling immediately after the Olympics.

Isn't is also curious that when we had oil up around $147/barrel, which affected everyone at the pump, Congress decided that it was more important to take a vacation, and when we have a bank crisis, they burn the midnight oil to bail out their cronies?

We're going to recover from this, despite Congress' best efforts to keep the average American down.

That being said, I still think the quickest way for us to get out of this economic recession is to figure out how to get us $1 - $1.50/gallon gas again. We need cheap energy to fuel our economy, which in turn, fuels the world economy.

/38 mpg pieceoshiatzu

star_topology: Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election

What exactly do you mean by that? If pump prices are lower, someone specific gets elected? What a bizarre thing to say.

Regnad Kcin: Me: No thanks, I'm done smoking crack.
Dealer: You sure? Here, I'll give you a 20% discount.
Me: No thanks, no more crack for me.
Dealer: You suuuure? How about 25%?
Me: Hmmmm. No. I'm done.
Dealer: Okay. 50%.
Me: Well, okay. Just this once.

Pretty much it.

Regnad Kcin: Me: No thanks, I'm done smoking crack.
Dealer: You sure? Here, I'll give you a 20% discount.
Me: No thanks, no more crack for me.
Dealer: You suuuure? How about 25%?
Me: Hmmmm. No. I'm done.
Dealer: Okay. 50%.
Me: Well, okay. Just this once.

Wait. What about the Jeep deal where you get crack for 3 years at a set price per rock? Come on!!!

FTFA:
"OPEC signaled it may tighten output to put a floor under falling prices, but it didn't seem to matter.

The Organization of the Petroleum Exporting Countries said Thursday it will hold a special meeting Nov. 18 to discuss how the economic crisis is affecting oil prices. The head of Libya's national oil company, Shukri Ghanem, called on oil producing nations to cut output."

Now... This is what's important in all this. They're gonna try to *manipulate* the market arbitrarily. They have been on record as saying they would like oil to stay at $100 per barrel, even though as little as 3 years ago, it was less than $50. They have no real extra costs associated with this move, just greed. They like having the surplus cash flow.

However, as co-conspirator pointed out... we're still gonna buy it. Oh well.

co-conspirator: And we KNOW the prices couldn't possibly ever rocket up again.

Especially not immediately after the election.

Especially after this summer, when everybody complained most bitterly and the oil companies simply quaked in their boots as everybody kept buying $4+ gas.

We certainly showed THEM.

Yup, I noticed morans biatched about the price of gas yet still made their 3 times a week commute to WallyWorld and KMart. Seems to me traffic is more congested in my burg regardless of the price of fuel.

People still should consider driving less if they want the price to fall further.

Norad: star_topology: Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election

What exactly do you mean by that? If pump prices are lower, someone specific gets elected? What a bizarre thing to say.

You know, even though I'm not voting for Bush...er, McCain...I'm glad the current administration decided to lower gas prices rather than invade Iran. I think Israel is getting ready to do a McCain/Beach Boys number for us.

meh... swear i put in the /b command. :P

justafarkingchef: at least until the election is over.

Ayup. Too bad it won't affect the outcome!! ;D

Lucidz: So glad that gas is still 3.69 here. I mean hell, its dropped 50 % in price right? Why the fark isn't gas 2$?

Two words: Refining capacity

I wouldn't even consider hoarding unless it was under $2/gal. Otherwise, meh...

Norad: star_topology: Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election

What exactly do you mean by that? If pump prices are lower, someone specific gets elected? What a bizarre thing to say.

I think they are shocked, shocked that gas prices are going down just like they do every year at this time. And next spring/summer they'll be shocked, shocked that they go up after the election just like they do every year at that time. In general they must spend a lot of time being shocked, shocked.

I have a car, but am considering a SUV. As long as it gets 17-20mpg that's fine, even with gas at $5 a gallon. I go through a tank a week max, so I can afford it.

Right now I have to keep my boat in a slip at the lake, since my car can't tow it. Not paying for the slip will more than make up for the increased gas costs, plus I'll be able to go to different lakes.

Yet I'm sure when you are screaming at me for having an SUV when I drive by, you won't bother to take into consideration that some people actually need four wheel drive and towing capacity.

Norad: star_topology: Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election

What exactly do you mean by that? If pump prices are lower, someone specific gets elected? What a bizarre thing to say.

If gas prices are low, people are slightly less pissed off with the incubent politician. On one hand, I agree, it's hard to imagine a specific political group benefitting much. On the other, the same thing happened just before the 2006 congressional elections.

yep, nobody learned anything....

co-conspirator: And we KNOW the prices couldn't possibly ever rocket up again.

Especially not immediately after the election.

Especially after this summer, when everybody complained most bitterly and the oil companies simply quaked in their boots as everybody kept buying $4+ gas.

Actually, this summer was a big low season for fuel consumption. It was down 6% from last year. This allowed gasoline levels (stored) to rise despite hurricanes threatening production in the Gulf. More gas in storage = lower prices on the commodities exchange.

Americans are driving less believe it or not. If you live in a big city, this year, traffic jams have probably been less frequent.

mikeyb_houtex: FTFA:
"OPEC signaled it may tighten output to put a floor under falling prices, but it didn't seem to matter.

The Organization of the Petroleum Exporting Countries said Thursday it will hold a special meeting Nov. 18 to discuss how the economic crisis is affecting oil prices. The head of Libya's national oil company, Shukri Ghanem, called on oil producing nations to cut output."

Now... This is what's important in all this. They're gonna try to *manipulate* the market arbitrarily. They have been on record as saying they would like oil to stay at $100 per barrel, even though as little as 3 years ago, it was less than $50. They have no real extra costs associated with this move, just greed. They like having the surplus cash flow.

However, as co-conspirator pointed out... we're still gonna buy it. Oh well.

I think that if they keep gas prices artificially inflated it just provides more incentive for us to develop alternate transportation. I'm hoping by this time 3 years from now to own a car that gets >100mpg and seats 5.

Turbodiesel with >150 mpg
Compressed air/gasoline hybrid with >100mpg
An even more green Prius

When the economy gets better, there will be a renewed shortage of refining capacity, every dust storm will affect supplies, and every comment by a foreign leader will result in dangerous political eruptions that will force the price of oil up.

On top of the record profits, the oil companies will probably still be seeking tax money for oil exploration as well.

Reverend J: Lucidz: So glad that gas is still 3.69 here. I mean hell, its dropped 50 % in price right? Why the fark isn't gas 2$?

Two words: Refining capacity

Two words: bull shiat

It has been pointed out many times that our refineries are not running at capacity, and in fact, have excess capacity. I used to be in your camp on this, and then I started really looking into it, and was amazed at what I found - the MSM and the "alternative" media were *shock* lying to me.

There's plenty of refining capacity out there to make more if they want.

Lots has to do with the boutique fuel blends that they make, but that's not all of it.

I'm all for making profits, and I really don't have a problem with the profit margin that the oil companies make. I just wish we'd actually have some competition which would lower the price. I'm sure, that after this year's numbers are in, the profits are going to be even more than they were last year.

It's still high because:
1. They know we have adjusted our lifestyles and are used to paying high prices for it now.
2. We still need it, and will pay whatever we have to for it.
3. There's still no widely available viable, renewable alternative fuel out there.

Refining capacity doesn't matter, we have plenty of fuel, no-one is running out anymore. Last quarter Exxon profited something along the lines of 11 or 12 billion dollars. With the price being so much incredibly lower for oil this quarter, would not be surprised to see a 40% increase in their profits. But of course, they are not price gouging, pay no attention to the fancy-schmancy statistics. They are poor and just barely getting by, just like the rest of America.

/sarcasm off

January 2007


Takes longer to go down than to go up.

CruJones: I have a car, but am considering a SUV. As long as it gets 17-20mpg that's fine, even with gas at $5 a gallon. I go through a tank a week max, so I can afford it.

Right now I have to keep my boat in a slip at the lake, since my car can't tow it. Not paying for the slip will more than make up for the increased gas costs, plus I'll be able to go to different lakes.

Yet I'm sure when you are screaming at me for having an SUV when I drive by, you won't bother to take into consideration that some people actually need four wheel drive and towing capacity.

Maybe, but most people around here need shopping spree from Nordstrom's capacity

Though I admit I would get an SUV if the gas mileage was better because my car is terrifying to drive on a windy highway.

dipdunk:

I think that if they keep gas prices artificially inflated it just provides more incentive for us to develop alternate transportation. I'm hoping by this time 3 years from now to own a car that gets >100mpg and seats 5.

Turbodiesel with >150 mpg
Compressed air/gasoline hybrid with >100mpg
An even more green Prius

Absolutely no one but the hippies want alternate transportation because the majority of the people who ride the bus / subway / train are those people who live on the street, piss on themselves, and don't shower. Every subway/train i've ever ridden on smelled like a mix of B.O., piss, and vomit.

That's the funniest headline I've seen here all week. I think I laughed for a solid 15 seconds.

/which is actually a long time

CruJones: I have a car, but am considering a SUV. As long as it gets 17-20mpg that's fine, even with gas at $5 a gallon. I go through a tank a week max, so I can afford it.

Right now I have to keep my boat in a slip at the lake, since my car can't tow it. Not paying for the slip will more than make up for the increased gas costs, plus I'll be able to go to different lakes.

Yet I'm sure when you are screaming at me for having an SUV when I drive by, you won't bother to take into consideration that some people actually need four wheel drive and towing capacity.

I LOLed at this post. You made it sound like all you "need" an SUV for is towing your boat. Some would argue that you really don't "need" that SUV at all.

But hey, if you can afford it, more power to you. Not being sarcastic at all, but I really don't care what other people are driving. I drive a car that gets 40+ mpg combined city and highway driving. And no, it's not a hybrid. Just a small Honda made in the early 90's. Cost me $700 bucks to purchase. It runs reliably, so the costs of upkeep are pretty much nothing. And I have an 8.5 gallon gas tank. I consistently get 330 miles per tank.

Do I care about the environment? Not more then I care about my pocket book. If I really cared about the environment, I would go with a newer car that is ULEV or SULEV compliant, because I'm pretty sure my car isn't.

This was one of the reasons I loved high gas prices. It actually got people to change.

Now I fear we will be going back to our wasteful ways and that alternative fuel will be a thing of the past.

truamw315:
Do I care about the environment? Not more then I care about my pocket book. If I really cared about the environment, I would go with a newer car that is ULEV or SULEV compliant, because I'm pretty sure my car isn't.

Actually, unless your car's smog systems are completely broken, if you are really getting 40+ MPG you probably are a ULEV.

I can finally put my "I Love Exxon" bumpersticker on my SUV..

mikeyb_houtex: FTFA:
"OPEC signaled it may tighten output to put a floor under falling prices, but it didn't seem to matter.

The Organization of the Petroleum Exporting Countries said Thursday it will hold a special meeting Nov. 18 to discuss how the economic crisis is affecting oil prices. The head of Libya's national oil company, Shukri Ghanem, called on oil producing nations to cut output."

Now... This is what's important in all this. They're gonna try to *manipulate* the market arbitrarily. They have been on record as saying they would like oil to stay at $100 per barrel, even though as little as 3 years ago, it was less than $50. They have no real extra costs associated with this move, just greed. They like having the surplus cash flow.

However, as co-conspirator pointed out... we're still gonna buy it. Oh well.

Yeah! OPEC should worry about us instead of concerning themselves with maximizing their profits. If they weren't so damn selfish they would just sell it to us for what it costs them to get the stuff out of the ground. Maybe they should think about our needs for a change. They should be grateful we even buy it from them at all.

hej: Norad: star_topology: Yeah, this. I'm shocked, shocked, that gas prices will be dropping one month till the election

What exactly do you mean by that? If pump prices are lower, someone specific gets elected? What a bizarre thing to say.

If gas prices are low, people are slightly less pissed off with the incubent politician. On one hand, I agree, it's hard to imagine a specific political group benefitting much. On the other, the same thing happened just before the 2006 congressional elections.

Lower gas prices takes the punch out of "drill baby drill", this helps Obama.

Just wait until the new president decides to invade Iran. And no, it doesn't matter which candidate wins.