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View Poll Results: Your thoughts on gas prices?
The Lower the Better 143 65.60%
Its fine where it is today 15 6.88%
The Higher the Better 50 22.94%
not sure/other 10 4.59%
Voters: 218. You may not vote on this poll

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Old 07-03-2008, 08:16 AM
 
Location: Tampa
3,982 posts, read 10,428,264 times
Reputation: 1200

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10 Things You Can Like About $4 Gas - 10 Things You Can Like About $4 Gas - TIME


some plus sides to more $$$ gas
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Old 07-03-2008, 11:37 PM
 
Location: AR
564 posts, read 2,334,299 times
Reputation: 619
It's really hard for me to want for higher gas prices so we can develop "alternatives" when I'm going broke just filling my car up.

What kind of hippie liberal crap is it to say that we should want higher prices? Tell you what, you that want it, go ahead and ride your bike to work. I'd rather pay 2 bucks a gallon or less and take my car.
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Old 07-04-2008, 12:24 AM
 
Location: Fairbanks Alaska
1,677 posts, read 6,420,090 times
Reputation: 675
Default Fuel prices in parts of Alaska

Last week in Cantwell Alaska, and this was not the highest we paid on our trip through the state. Did I mention we have a pipeline through our back yard and two to three refineries?
Attached Thumbnails
Gas Prices-p6220212.jpg  
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Old 07-04-2008, 02:01 AM
 
1,076 posts, read 3,544,075 times
Reputation: 1148
Makes no difference, we must pay what the market dictates
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Old 07-08-2008, 12:53 PM
 
Location: Tampa
3,982 posts, read 10,428,264 times
Reputation: 1200
Quote:
Originally Posted by joee View Post
Makes no difference, we must pay what the market dictates
I dont think most people understand that yet...
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Old 07-08-2008, 05:38 PM
 
Location: NH. NY. SC. next move, my ground condo
3,533 posts, read 12,278,044 times
Reputation: 4520
Talking going and going and going

wow, i can't beleave this thread is still going. must be like the energizer bunny
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Old 07-09-2008, 07:57 AM
 
Location: Tampa
3,982 posts, read 10,428,264 times
Reputation: 1200
Quote:
Originally Posted by JFRRACING View Post
wow, i can't beleave this thread is still going. must be like the energizer bunny
just wait til gas hits 5 bucks a gallon

and keeps climbing...
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Old 07-13-2008, 08:12 AM
 
26 posts, read 52,685 times
Reputation: 21
Quote:
Originally Posted by Drover View Post
Futures trading is not driven by the profits of oil companies. It is driven by traders' belief of what the price of a commodity will be at the time of delivery. This has little to nothing to do with any company's profitability. And futures trading is not done on the stock market. Futures are traded in their own markets. Trading stocks and trading futures contracts are two very different animals.

And I'm sick of the proliferation of ignorance on the relationship between futures trading and the price of commodities. People act as if futures trading is some risk-free undertaking where people can simply drive up the price of a commodity and then make money on it. That's ridiculous. For every winner in the futures market, there is a loser. It's a zero-sum game. If you guess wrong, you're screwed.

Commodity speculation can create short-term spikes, but they can't keep bidding up the price of a commodity long-term if the underlying fundamentals for continued price increases are not there. And this has been a long-term trend since oil began its climb from $12 a barrel in 1998. If there isn't a fundamental cause for a rise in the commodity price, commodities traders can't indefinitely count on a bigger fool to pay even more for the next contract. If the fundamentals aren't there, the market will correct the situation in short order.

In short, oil speculators will stop bidding up the price of oil when they stop being proven correct. Blaming speculators for the price of oil is like blaming the thermometer for your 102° fever.

Well said Drover Blaming speculators for the price of oil is like blaming the thermometer for your 102° fever.[/quote]
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Old 07-13-2008, 09:39 AM
 
3,283 posts, read 5,190,070 times
Reputation: 753
Quote:
Originally Posted by JFRRACING View Post
wow, i can't beleave this thread is still going. must be like the energizer bunny
i cant beleave[sic] that you are still commenting on the longevity of certain threads!
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Old 07-13-2008, 09:41 AM
 
3,283 posts, read 5,190,070 times
Reputation: 753
Quote:
Originally Posted by crystalblue View Post
I dont think most people understand that yet...

people definitely don't understand!
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