$3 gallon for gas is on the way! $4 gallon may be here before the end of 2008! (MPG, price)

[Mathguy]

Originally Posted by yo vanilla

here is a whole bunch of subject related government graphs

http://www.eia.doe.gov/emeu/aer/pdf/perspectives.pdf

So your point, based on figure one is the consumption has outpaced production and as a result prices should increase?

Ok, well thanks for coming around on this topic....glad I could help.

[lchoro]

Ignoring the Obvious

http://jameshowardkunstler.typepad.com/cluster****_nation/2007/11/ignoring-the-ob.html (broken link)

[Nothing12]

Originally Posted by Drover

Of course you have a hard time believing it. You don't want to believe anything that might not comport with your hyperpartisan view of the world. Go learn the barest minimum about supply and demand, elasticity/inelasticity of goods, and global commodities markets. Then get back to us.

By the way, the price of a gallon of gas was about $1.65 when Clinton left office, not $1.10. Oh, and it had been just $0.85/gal just two years prior -- it must have been Clinton and his cronies biddng up the price of oil for profit!

there is no way in hell it was $1.65 no way in hell, maybe around $1.20-$1.25, but no way in hell except maybe in California and Hawai were gas prices $1.65 when Clinton was in office

[yo vanilla]

Originally Posted by Mathguy

So your point, based on figure one is the consumption has outpaced production and as a result prices should increase?

Ok, well thanks for coming around on this topic....glad I could help.

no my point is to give firepower to help everyone take down smartasses like you. there's 18 pages of charts in there to choose from. kthnkxbye

[Nothing12]

Originally Posted by yo vanilla

no my point is to give firepower to help everyone take down smartasses like you. there's 18 pages of charts in there to choose from. kthnkxbye

what is the source of these charts, where I am from I dont recall prices getting past the $1.40 range until around 2004, I remember in the spring of 04 gas prices started to jump for no reason, it seemed they were going up 5 cents every day and when it was around $1.75 a gallon it seemed unheard of to me at the time

[Mathguy]

Originally Posted by yo vanilla

no my point is to give firepower to help everyone take down smartasses like you. there's 18 pages of charts in there to choose from. kthnkxbye

We will miss your insights and cogent points.

[Mathguy]

Originally Posted by Nothing12

there is no way in hell it was $1.65 no way in hell, maybe around $1.20-$1.25, but no way in hell except maybe in California and Hawai were gas prices $1.65 when Clinton was in office

Average gas prices got higher than that near the end of Clinton's term.
If you look at this graph....gas was about the same during Bush I and Clinton's terms.....something to think about eh?

http://zfacts.com/p/35.html

[Drover]

Originally Posted by Nothing12

there is no way in hell it was $1.65 no way in hell, maybe around $1.20-$1.25, but no way in hell except maybe in California and Hawai were gas prices $1.65 when Clinton was in office

I know, I know, facts are very inconvenient things when they get in the way of a hyperbolic partisan rant, but yes, gasoline did get to $1.65 during the Clinton administration. I'll ignore the fact that what the price of gasoline was at X point in time has approximately ZERO to do with what determines today's price or what will determine tomorrow's price just long enough to refer you to the Energy Information Agency webpage. Click where it says "Regular" in the upper left-hand corner, then when the spreadsheet opens, click the "Regular All Areas All Formulations" tab. It will give you a weekly breakdown of the price of regular-grade gasoline since 1990. I did err in stating that gasoline was $1.65 when Clinton left office (I happen to live in one of the most expensive gasoline markets and my recollection was thus skewed); rather it was $1.47. Adjusted for inflation, that would be $1.73/gal in today's dollars. During the Clinton administration, the price of regular-grade gasoline peaked at $1.68/gal in June 2000 (that's $1.98/gal in today's dollars) after a low of 90 cents a gallon in February 1999 ($1.07 in today's dollars). Musta been Clinton lettting his cronies bid up the price almost double in under two years.

[Huckleberry3911948]

Originally Posted by Fleet

Sorry, not trading my cars in for any reason!

-Fleet
'69 Cadillac Fleetwood Brougham (11 mpg), driven once a week
'76 Cadillac Fleetwood 75 Limousine (10 mpg), driven once a week
'95 Lincoln Town Car Signature (20 mpg), driven 3-4 times a week

i like it i love it i cannt get nuf of it. you got rep.

[Fleet]

Originally Posted by Bunky39

i like it i love it i cannt get nuf of it. you got rep.

Thank you. I would call it well-deserved rep.