Ohio Chatter
Ohio Chatter

Forums

All Threads Serious Business Sports Politics Archive Pick 'ems Wordio
Log In Create Account

is gas gonna come down now?

Home ▸ Archive ▸ Serious Business ▸ is gas gonna come down now?
Fab1b's avatar

Fab1b

The Bald A-Hole!!

12,949 posts
May 5, 2011 4:19 PM
I hope so but I'm not holding my breath!
May 5, 2011 4:19pm
bigdaddy2003's avatar

bigdaddy2003

Senior Member

7,384 posts
May 5, 2011 4:21 PM
Fab1b;760801 wrote:I hope so but I'm not holding my breath!

This. My brother claims in his town it was 4.19 when he got home from work at 6:30 a.m then 4.15 when he went to pick up his kids at 3 and then 4.08 when he took his middle kid to her piano lessons. Sounds great but we shall see.
May 5, 2011 4:21pm
Speedofsand's avatar

Speedofsand

Troublemaker

5,529 posts
May 5, 2011 4:28 PM
oil barrels went down 8.6% today, to just under $100/barrel. Gas in Fl. went up a penny. Thats always the way...they jack it up before the ticker is off the screen but it takes 2-3 days to drop a nickel.
May 5, 2011 4:28pm
sleeper's avatar

sleeper

Legend

27,879 posts
May 5, 2011 5:01 PM
I made a ton of money today shorting oil.
May 5, 2011 5:01pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
May 5, 2011 5:04 PM
Has gas ever come down? Get used to it.
May 5, 2011 5:04pm
sonofsam's avatar

sonofsam

Wee' Gonna Win..

2,052 posts
May 5, 2011 6:18 PM
The only way gas prices will ever come down is if the government steps in and puts an end to it. Just think, right now Saudi Arabia is paying $0.91,and Kuwait is paying $0.78. At those prices I could get a full tank of gas for about 8 bucks. Then again if you live in Caracas, you are getting gas for $0.12 a gallon. Pretty much a full tank under 5 bucks no matter what you drive. Maybe our government should look at these places and see whats different? Then again maybe they should look at our own oil companies and send in Seal Team 6.

I remember when gas hit 3 bucks a gallon and I was freaking out... Right now I'd love to see it drop back down to 3 bucks.
May 5, 2011 6:18pm
V

vball10set

paying it forward

24,795 posts
May 5, 2011 6:27 PM
you got a better chance of seeing Jesus
May 5, 2011 6:27pm
HitsRus's avatar

HitsRus

Senior Member

9,206 posts
May 5, 2011 6:30 PM
Goldeman Sachs came out with a statement last week that said the fundamentals to support continuing oil price rises weren't there. Even with prices coming down, if you can't afford the current prices, you need to make moves that will decrease your dependence on gasoline at the earliest convienience. Prices will spike again with a long term continuing trend upward. You have been warned. Again.
May 5, 2011 6:30pm
M

MontyBrunswick

May 5, 2011 6:37 PM
Commander of Awesome;760847 wrote:Has gas ever come down?


Yes...? Do you remember when the bottom fell out of the economy a few years ago and gas got down to about $1.50?
May 5, 2011 6:37pm
Pick6's avatar

Pick6

A USA American

14,946 posts
May 5, 2011 6:41 PM
even though oil is going down (because there has been less demand by the consumer), there isnt a guarantee the gas will directly correlate.
May 5, 2011 6:41pm
tk421's avatar

tk421

Senior Member

8,500 posts
May 5, 2011 6:46 PM
I hope not. As much as I hate high gas prices, we seriously need them in this country. Americans have an extremely short focus, if gas drops down nationwide around $3/gallon or lower, the progress of electric vehicles will be ruined. Then, when gas shoots up again in a year or less, we will be even further behind.
May 5, 2011 6:46pm
Ty Webb's avatar

Ty Webb

Senior Member

2,798 posts
May 5, 2011 6:55 PM
I dont see it happening any time soon.
May 5, 2011 6:55pm
sonofsam's avatar

sonofsam

Wee' Gonna Win..

2,052 posts
May 5, 2011 7:05 PM
tk421;760898 wrote:I hope not. As much as I hate high gas prices, we seriously need them in this country. Americans have an extremely short focus, if gas drops down nationwide around $3/gallon or lower, the progress of electric vehicles will be ruined. Then, when gas shoots up again in a year or less, we will be even further behind.
I refuse to drive an electric powered mustang... long live the gas guzzlers!!! BTW, nice screen name Buck Swoop.
May 5, 2011 7:05pm
tk421's avatar

tk421

Senior Member

8,500 posts
May 5, 2011 7:09 PM
I want a Tesla. No way I can afford their model S but if demand for EVs holds up, hopefully their next model will be in my price range. Sad to say, without being forced via high prices, this country wouldn't do anything to get off of the gas kick.
May 5, 2011 7:09pm
sleeper's avatar

sleeper

Legend

27,879 posts
May 5, 2011 8:12 PM
Ty Webb;760906 wrote:I dont see it happening any time soon.

So will you admit that it really wasn't Bush and his oil buddies gouging the American consumer? Or are you just holding back criticism of the worst president in a decade.
May 5, 2011 8:12pm
F

fan_from_texas

Senior Member

2,693 posts
May 5, 2011 8:39 PM
sonofsam;760876 wrote:The only way gas prices will ever come down is if the government steps in and puts an end to it. Just think, right now Saudi Arabia is paying $0.91,and Kuwait is paying $0.78. At those prices I could get a full tank of gas for about 8 bucks. Then again if you live in Caracas, you are getting gas for $0.12 a gallon. Pretty much a full tank under 5 bucks no matter what you drive. Maybe our government should look at these places and see whats different?

Uh, I don't think they'll have to look too hard to figure out the difference between Saudi Arabia/Kuwait and the US.
May 5, 2011 8:39pm
A

areyoukiddingme

Member

88 posts
May 6, 2011 9:18 AM
Gas is also MUCH cheaper in other countries that make way less per person than the U.S. as well.
May 6, 2011 9:18am
F

fan_from_texas

Senior Member

2,693 posts
May 6, 2011 9:22 AM
areyoukiddingme;761255 wrote:Gas is also MUCH cheaper in other countries that make way less per person than the U.S. as well.

Gas is cheaper in other countries that (1) produce more oil per capita and (2) heavily subsidize it. We can't do much about (1), other than drilling more locally, but that isn't likely to solve the long term problems. Re (2), we could do that, but it would send the wrong signals to the market, exacerbating the long term problem. It would also be massively expensive.
May 6, 2011 9:22am
F

fortfan

Senior Member

339 posts
May 6, 2011 9:23 AM
The other day I was in Portland Indiana and gas was $4.29 a gallon. Today it was $4.27. So yes, the price went down. :D (I have not seen any prices in Ohio go down yet.)
May 6, 2011 9:23am
LJ's avatar

LJ

Senior Member

16,351 posts
May 6, 2011 9:25 AM
Everywhere around me has dropped around $.10 at most.

I mean, what do you want them to do, take a giant loss on gas they paid for?
May 6, 2011 9:25am
majorspark's avatar

majorspark

Senior Member

5,122 posts
May 6, 2011 9:25 AM
As long as Bush and Cheney walk this earth gas prices will not be going down.
May 6, 2011 9:25am
se-alum's avatar

se-alum

The Biggest Boss

13,948 posts
May 6, 2011 9:44 AM
Stronger commodity exchange regulations are what we need. Wall Street controls gas prices, and until they are forced to change the way they do things, this problem will continue.
May 6, 2011 9:44am
coyotes22's avatar

coyotes22

Go Tigers

11,298 posts
May 6, 2011 9:54 AM
majorspark;761263 wrote:As long as Bush and Cheney walk this earth gas prices will not be going down.

LOL. OK!!

As long as the Dems have their heads up the EPA's ass, gas will continue to rise.
May 6, 2011 9:54am
G

georgemc80

Senior Member

983 posts
May 6, 2011 9:56 AM
sleeper;760991 wrote:So will you admit that it really wasn't Bush and his oil buddies gouging the American consumer? Or are you just holding back criticism of the worst president in a decade.

I usually ignore your ramblings....but this one is just so stupid. If I were to translate..you think Bush was better than Obama. Worst president in a decade is the dumbest thing I have ever read. So in the last ten years, he is the worst....or ....he is the worst of this decade. I agree, he is the worst president we have had this decade.
May 6, 2011 9:56am