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in the past month-month and a half it has gone from like 2.49 to 2.89 in NY..anyone know why?? if it goes back up as high as it was a lil over a year ago i'm gonna have to buy a bike :(
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no kidding. i heard that the oil prices took a big hit when the unemployment numbers came out for the month and it went from 2.62 to 2.59 in columbus. fuck that.
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More buyers than sellers.
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US$ is dropping in value and you import a lot of it.
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so, is it gonna get back to $4+ a gallon??
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Because you touch yourself at night.
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that makes sense!!
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Because we are running out. That's why it has never been above $35 a barrell before 10 years ago and went to ~$150 a couple years back. Global demand waned quite a bit with the recession sending it downward, but the truth is OPEC knows what the reality of the petro supply is and they understand that they better get all they can out of the last of it.
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It's an international conspiracy run by the Bildenberg Group - that's real - no joke
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no one's said the obvious answer yet.
Bush's fault -
Prices usually go up around the holidays anyway.
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a canadian on page 1 got it right, tsxxx. Our dollar has continued to weaken throughout the recovery (it got cheap, because the dollar got so strong). Demand is beginning to recover, and along with a weaker currency, the price of RBOB Gasoline and NYMEX Crude continue to rise. We've been in a range for a while now of 70-80$/barrel, and that should continue for a while. Although, with the house approving expenditures in excess of a trillion bucks on saturday - it's pretty likely the dollar will continue to weaken and if we have a breakout of that trading range, be ready for it to go up more.
To answer your later question, though, yes. It will return to $4 a gallon in the future and probably end up exceeding that. -
Because Bush and his Cronies are making it go up.
Obv once Obama is president, gas will be $0.87/gal again. -
i mean, obviously at some point it will exceed $4 a gallon, just like it was $.10 a gallon years ago and now it's $2.89. everything in life costs more as the value of the dollar goes down. is that what you mean, or do you mean sooner then later it will be upwards of $4.00?
Originally Posted by cdmalgee
To answer your later question, though, yes. It will return to $4 a gallon in the future and probably end up exceeding that.
It pisses me off that my company reimburses for miles driven, but hasn't upped the amount per mile in over 3 years. totally different rant tho :). -
sooner than later. Demand will recover in the next year or two, and the price will increase significantly (unless our economy is stagnant for the next 10 years like the Japanese one was when they tried the same route DC is right now).
if your company isn't reimbursing you at the government level make sure you write off the difference on your tax return. As of 1/1/2009 that's $0.55/m on a personally owned vehicle and $0.285/m on a business owned vehicle. -
we get $.36/mile on the trip HOME only, on personally owned cars. ppl with car allowance only get $.17
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Come to Taxafornia and watch your wallet go bye bye. It's those damn corporations and their greed, It's a plot to take money from all our wallets to pay their CEOS!
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Are there really people out there that think that gas prices will get low and stay low? Honestly? There is not an unlimited supply of the stuff. As there is less and less the prices will go up and up. It is that simple. The fact that gas prices ever went down from last year suprises me. Last years high gas prices were nothing more than a small glimpse into the future.
<-- bought a bike already -
no, but it usually skyrockets in the summer and stays lowish (low being high but lower then previous months) in the winter...this year seems a bit reversed
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i give up trying to figure this shit out. no matter what happens they always find an excuse to keep the prices high. and most of us are dumb enough to fall for it
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it's pretty hard not to "fall for it" unless you live in a city where public transportation is the common way to commute. in the suburbs, it's difficult to get around without a car. i live 2 miles away from the train station which wouldn't take me anywhere near any stores that i service, and i don't think that my town even has bus stops in it.















