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Old 06-26-2008, 07:11 AM
 
2,410 posts, read 5,818,402 times
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So it seems that gas prices (for the last few weeks) have stopped their dramatic upward spiral. Any thoughts why? Any parts of the country where gas prices are still climbing?
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Old 06-26-2008, 01:01 PM
 
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Quote:
Originally Posted by xz2y View Post
So it seems that gas prices (for the last few weeks) have stopped their dramatic upward spiral. Any thoughts why? Any parts of the country where gas prices are still climbing?
Today gas prices in Connecticut are at an average of $4.39, up 3 cents from yesterday. That upward spiral isn't slowing as much as I'd like it to. Yesterday I had no choice but to pay $4.70 - needless to say, I only put 5 bucks in to get me to a cheaper station!

Edited to add...

Oil sets record above $140 a barrel on supply concerns - Jun. 26, 2008

Last edited by kidyankee764; 06-26-2008 at 02:18 PM..
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Old 06-26-2008, 08:22 PM
 
Location: Cold Frozen North
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They want us to get used to these prices before the next rounds begin. This is all part of the conditioning of the American public. Be happy with what you have or they will take it away.
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Old 06-26-2008, 08:29 PM
 
Location: Oak Park, IL
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Quote:
Originally Posted by xz2y View Post
So it seems that gas prices (for the last few weeks) have stopped their dramatic upward spiral. Any thoughts why? Any parts of the country where gas prices are still climbing?
Maybe its because demand is down? The number of total miles driven in the US actually decreased compared to the previous year for the first time ever.
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Old 06-26-2008, 08:30 PM
 
Location: Massachusetts
9,523 posts, read 16,505,688 times
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It was $4.50 at a Chevron here in Downtown Portland. I thought to myself with all the bikes and walking and transit in this little city, there is no real noticeable decrease in traffic. I honestly think if it was $10.00 there would still be all this traffic. I heard today it was $140 a barrel now, a new record high, so who knows if it will level off soon.
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Old 06-26-2008, 08:35 PM
 
Location: Ca2Mo2Ga2Va!
2,735 posts, read 6,733,919 times
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I think I saw it at 3.93 today. Sad to think that's a deal.
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Old 06-26-2008, 08:35 PM
 
Location: Dreaming of South Dakota!
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Its been at 3.91$ here in Ga for the past week or so.
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Old 06-26-2008, 10:31 PM
 
Location: Charlotte, NC (in my mind)
7,943 posts, read 17,246,296 times
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I got it for $3.89 on Sunday, but i am afraid that price is getting ready to go up again. Oil topped $140 today for the first time. The reason gas stagnated is about oil traded in the $135 range for several weeks.
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Old 06-30-2008, 10:58 AM
 
345 posts, read 466,736 times
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Old 06-30-2008, 11:00 AM
 
345 posts, read 466,736 times
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Much of the world has been living with high fuel cost (relative to income). We American's need to suck it up and deal with it. Take personal measures to lower your use of fossil fuels where you can. Don't continue living the Texas myth that "bigger is better". Try to imagine the pain at the pump if gasoline had the added tax that Europeans pay. Of course most Europeans (and Canadians) have a safety net for health care (far from ideal system, but better than our health system fiasco for the middle-class and lower-classes). Raise taxes to ensure most citizens don't prematurely die and/or go bankrupt, or that the most wealthy (who really influence policy in our country) have more of their income taxed for the good of the whole? Heck no! That would be nothing short of godless, left-wing, hedonistic socialism.

Last edited by Ria Rhodes; 06-30-2008 at 11:12 AM..
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