I know everyone is tired of hearing about the price of gas, but would like to hear your opinion... Here right now it is 2.75 per gallon in Alaska and the surrounding areas it is up to 3.00 per gallon, what is it by you..????
My opinion (for what its worth)...
I think you've had it pretty easy over there, and still are... compared to here in Spain where I pay the equivalent of over $7 a gallon ... and in the UK where they pay even more!!
And I don't think it has anything to do with the US or any other government (who have recently discovered that they actually have little or no control over their own economy)... its mostly down to speculators who, having had other avenues of wealth accumulation suddenly curtailed by the so-called "credit crunch", have now turned their attention to oil... Don't listen to pundits trying to claim its supply and demand, this or that conflict, unstable foreign governments or whatever... its just greed, pure and simple!
So I thought that I would show up again and speak my mind what the hell is going on in this county..The gas prices are just nuts, think we need to tell the folks at the white house to go to hell..lol what is your thoughts....
Ladydocm is right. If you simply buy some ExxonMobil or ConocoPhillips stock, it will act as a good hedge against rising gas prices. If gas prices rise, you will spend more money at the gas pump, but make money in the stock. If gas prices fall, you will save money at the gas pump but lose money in the stock. In the end, things will balance out.
Of course, if you replace your SUV with a fuel-efficient car or replace your motorboat with a sailboat, gas prices will bother you much less. Personally, I'm tired of SUV drivers whining about gas prices. They're the ones causing the problem to begin with. It's supply and demand; SUV drivers demanding more gas cause prices to rise for everyone.
As far as the environment is concerned, higher gas prices are a good thing because they encourage people to conserve energy.
And yes, bottled water, soda, milk, orange juice, beer, and wine, etc. are all more expensive than gasoline.
I've had to do a couple of trips recently back East to Manitoba, and then West to British Columbia this past week.
Last weekend, in Northern Manitoba the cheapest gas was $1.169/litre, and most expensive was $1.19.8/litre.
In Saskatchewan it was $1.189 to $1.198/litre.
Alberta it was $1.189 to $1.219/litre.
Interior British Columbia the price was $1.268/litre.
Bernie would have to calculate what that would work out to in USD.
I'm curious as to why gas is cheaper in Manitoba where the gas must be shipped farther. Whereas in Alberta where the gas is being produced, we are paying more! Go figure? Is our government subsidizing these provinces? If so, why not B.C.?
We are now looking at $3.50 for gas and I think it will stay around that price. With the holidays coming they are going to keep the prices right where they want them and guess what we just have to pay....
In Europe prices are around $2 a litre for regular petrol/gas many ppl convert the cars to run on LPG, very clean and half the price, takes about a yr to pay for the installation, then its half price motoring.
Also Euro cars run smaller , high efficiency engines with a greater output per litre capacity than here in the USA, my 3litre supra pushed out over 500ponies with the boost turned up, yet i could turn down to a mere 320ponies for town driving.
It's as high as $1.08/litre, which translates to about $4.75/gallon in USD, possibly a little more. This price is in Calgary.
In British Columbia last week I paid $1.12/litre translating to about $4.93/gallon.
Brace yourself, because it is only going up this time of year!
My daughter has a Mini Cooper S. After driving 144 km last week, she wanted to put in gas before it went up the next day. She put in $0.79.
We are all driving big vehicles here. In Europe, where they pay alot more for gas than we do, they drive small vehicles. A myriad of Smart Cars on the road. I think I saw a total of 2 SUV's on the road in London over a period of a week. I think as the price increases, the trend here will be toward smaller cars also. It happened in the 70's, didn't it?
Price of gas for my boat $3.00 per gallon. Cost of gas for my car $2.95. For everything else there is lets reduce the tax on gas.
Please note no one is complaining about the cost of a gallon of milk in the grocery store or the "equivalent" cost of a gallon of bottled water bought at an airport.
Regarding the gentleman who asked the question on the Northstar I had one of those when I owned my STS and though it was OK it was nothing to write home about. The problem with that engine is it is always attached to a vehicle with a high depreciation factor.
About the gasoline thing, I am not worrying too much about it right now. I bought an electric powered mini pickup truck to play/toy around with. I just have to plug it in to an electrical outlet. And power here in Los Angeles is about 12 cents a kilowatt hour right now. So that cost me about $2.00 for a full charge and goes for about 200 miles per charge. And gasoline here is going down again. Right now gas is $3.15 per gallon on average. Only problem now, my older son wants the little mini pickup and I will most likely give it to him, lol. Anyone know of any electric vehicles for sale near them, lol? Talk to everyone soon.
I left Calgary this a.m. and the price of gas was 99.9 cents/litre. Got to Golden, B.C. it went up to 1.14.9 cents/litre, then in Vernon, B.C. it was 1.10.4 cents/litre. I predict by early August it will hit 1.50 cents/litre...it's already higher for this time of year than it was last year at the same time.
Considering the prices of gas in Europe, I guess we are pretty lucky. They drive considerably smaller vehicles than we do in North America...it is rare to see a Suburban or any kind of truck on the road there. Lots of Smart Cars, and Mini Coopers.
BigBozMan...your mineral rights only pay off if you are producing them...I gather we can all surmise you are? In which case, with the price of Oil & Gas on the markets today, and the low production costs of where you live...they better be paying off, or something is definitely wrong!!!
DanDaring write: Hey all you moaners and groaners i moved to the USA for one reason , Gas is SO CHEAP try $8 in UK and parts of Europe, Ive got a 500hp redbeast, regularly put ?$200 a week in her, now that's worth rioting about. Think America has got to come to terms that cheap fuel no longer exists, time to change to hi power efficient engines as Europe and Japan have done.
How do the Europe and Japan engines compare to the Northstar? I am real happy with the Northstar power and economy, but I may just not know any better.