Gas Price Relief - finally?

I paid $2.70 a gallon for premium last night, down from last week's price of $3.10

Apparently, the analysts are predicting major gas price reductions, due largely to the fact that our stockpiles are once again reaching 1990's levels.

One group of analysts is speculating that we could see prices drop to as low as $1.15 by the end of winter.

All I can say is, " I really hope so". Current pricing trends have really effected my finances.

http://news.google.com/news?sourceid=navclient&ie=UTF-8&rls=GGLJ%2CGGLJ%3A2006-36%2CGGLJ%3Aen&tab=wn&q=gas+prices+dropping

It's $2.15 in flyover country right now

Americans have no right to complain about fuel prices.

$2.70 per gallon is only €0.56 per liter. Current fuel price in the Netherlands averages around €1.40 per liter; that's $6.70 per gallon.

And if it were up to me, fuel should be even more expensive to promote usage of fuel-economic cars and alternative modes of transportation (such as public transportation or bicycles).

I hope that here in the US just because prices are falling we do not give up the sudden push to alternative energy. Of course the conspiracy theory in me thinks the oil industry got nervous so prices dropped hoping we would start sucking from the teat again with our eyes closed.

harumscarum wrote:



I hope that here in the US just because prices are falling we do not give up the sudden push to alternative energy. Of course the conspiracy theory in me thinks the oil industry got nervous so prices dropped hoping we would start sucking from the teat again with our eyes closed.

I don't believe it will.

BWM will have hydrogen powered cars in production next year and GM is reporting they will be mass producing hydrogen powered cars by 2011.

Sven Groot wrote:

Americans have no right to complain about fuel prices.

$2.70 per gallon is only €0.56 per liter. Current fuel price in the Netherlands averages around €1.40 per liter; that's $6.70 per gallon.

And if it were up to me, fuel should be even more expensive to promote usage of fuel-economic cars and alternative modes of transportation (such as public transportation or bicycles).

The US has more domestic oil, plus a better infrastructure, which helps with the price. There are other factors as well. It isn't a simple apples to apples comparison.

What about the single mom who can barely afford to feed her kids, never mind gas already.

The price of fuel (in America at least) is directly related to the price of inflation. Gas prices go up, so does everything from services to goods, to manufacturing and transportation costs. All of which are passed down to the consumer. 

I agree we (as in the world) need to all do our part and really research what the best options are to remedy the issue, but what you are saying is (IMHO) just plain irresponsible.

 

We were at ~2.80 a gallon a few weeks ago, now down to 2.12. You know it just sucks when gas hits two bucks and you start thinking 'Wow! This is cheap!' only to remember what it was 6 years ago...

I have an easy solutuion to make our gas prices go down, stop theatening the countries that have huge reserves (i.e. Iran, Cuba, Venezula) because we all pay for it at the pumps when the President decieds it's PO-Iran-Day. Also, for the love of god, DRILL IN CANADA!

phreaks wrote:

BWM will have hydrogen powered cars in production next year and GM is reporting they will be mass producing hydrogen powered cars by 2011.

Hydrogen isn't the ideal solution. It's still a technology in the hands of the oil industry. They are the ones who put their money in research and infrastructure. Where will you need to go to get your hydrogen? The gass station yet again.
Will hydrogen be cheaper? No.

Electric cars have a much better future.

phreaks wrote:

What about the single mom who can barely afford to feed her kids, never mind gas already.

Like that situation doesn't exists anywhere else in the world.

Hydrogen is green.

ZippyV wrote:



phreaks wrote: BWM will have hydrogen powered cars in production next year and GM is reporting they will be mass producing hydrogen powered cars by 2011.

Hydrogen isn't the ideal solution. It's still a technology in the hands of the oil industry. They are the ones who put their money in research and infrastructure. Where will you need to go to get your hydrogen? The gass station yet again.
Will hydrogen be cheaper? No.

Electric cars have a much better future.

phreaks wrote: What about the single mom who can barely afford to feed her kids, never mind gas already.

Like that situation doesn't exists anywhere else in the world.

Artificially inflating prices for any reason is irresponsable, that is the point. 


You missed the other point as well.

1) Hydrogen is plentiful
2) It will reduce our dependence on the foreign oil
3) It is enviromentally friendly (by product is water)

http://www.google.com/search?sourceid=navclient&ie=UTF-8&rls=GGLG,GGLG:2006-25,GGLG:en&q=Hydrogen+fuel+source

harumscarum wrote:

I hope that here in the US just because prices are falling we do not give up the sudden push to alternative energy. Of course the conspiracy theory in me thinks the oil industry got nervous so prices dropped hoping we would start sucking from the teat again with our eyes closed.

Another conspiracy is that we're about to go vote for a whole bunch of people in our mid-term elections in Nov. After that you can have your regularly schedule price hikes again.

Sven Groot wrote:

Americans have no right to complain about fuel prices.

$2.70 per gallon is only €0.56 per liter. Current fuel price in the Netherlands averages around €1.40 per liter; that's $6.70 per gallon.

And if it were up to me, fuel should be even more expensive to promote usage of fuel-economic cars and alternative modes of transportation (such as public transportation or bicycles).

Why is that? Are there more fuel/transportation taxes in Europe? Aren't the Europeans getting the same cost/barrel of crudes? Why is it so much more expensive?

Minh wrote:



Sven Groot wrote:Americans have no right to complain about fuel prices. $2.70 per gallon is only €0.56 per liter. Current fuel price in the Netherlands averages around €1.40 per liter; that's $6.70 per gallon. And if it were up to me, fuel should be even more expensive to promote usage of fuel-economic cars and alternative modes of transportation (such as public transportation or bicycles).

Why is that? Are there more fuel/transportation taxes in Europe? Aren't the Europeans getting the same cost/barrel of crudes? Why is it so much more expensive?

It costs more because we've got higher fuel tax levvies. Originally the funding went into public transport services, but since it was privatised I don't know where it goes

I guess it's cheaper in the states since you guys make longer journeys than us.

Jeff Spicolli wrote:

Hydrogen is green.

What's the point in your car pissing water out of its tailpipe, when the production of the hydrogen spit more emissions into the air than the cars and their oil refinery would have produced for the same mileage?

Tom Servo wrote:



Jeff Spicolli wrote: Hydrogen is green.

What's the point in your car pissing water out of its tailpipe, when the production of the hydrogen spit more emissions into the air than the cars and their oil refinery would have produced for the same mileage?

What the hell are you talking about?

You need a lot of energy to produce hydrogen.

dahat wrote:



phreaks wrote:  Tom Servo wrote:  Jeff Spicolli wrote: Hydrogen is green. What's the point in your car pissing water out of its tailpipe, when the production of the hydrogen spit more emissions into the air than the cars and their oil refinery would have produced for the same mileage? What the hell are you talking about?

While hydrogen is plentiful... little of it is in a form that would easily be usable by cars or trucks and in order to make that conversion a fair amount of energy is required for things like... electrolysis.

The issue with many different ‘clean’ fuels is the amount of energy and pollution required to create that fuel into a form that is usable.

I understand that. I don't however understand the comment regarding the pollutants created by the electrolysis process.

Where did he get those figures, what did he cite..., I think it's a hogwash statement. Current option for electrolysis appear to be Nuclear, wind, and hydro turbines.... where's the 'emissions' coming from, when all you are doing is splitting the hydrogen from water.

Please correct me if I am misunderstanding, because I am very interested in this technology and it's viability.