$4 Gas returning to LI (New York, North Sea: sales, buy, sales tax)

[nyliguy]

I was thinking of making a similar thread, as I passed the gas stations on my way to work this morning.... we’re at $3.50/gallon.

Last summer Long Island gas prices hovered around $2.90/gallon.
Historical Price Charts - Long Island Gas Prices

If the unrest overseas spreads and moves into the Middle East, we could be heading towards a summer of $4+/gallon. That would be a 38% increase from last summer.

Regardless of what you see at the malls, many people on Long Island are struggling with stagnant wages and increasing cost of living. Throw in a 38% increase in their transportation expense to get to work and this puts a bigger strain on Long Islanders.

Unfortunately those living on a budget, seeing a 38% increase in their transportation costs will not be able to just grin and 'bear it'.... They’ll most likely cut back on other expenses/consumption, which will impact the Long Island economy.

[qlty]

I am going to help drive McDonalds out of business

[nyliguy]

Originally Posted by qlty

I am going to help drive McDonalds out of business

Which will decrease the tax revenue towns and counties get from local business, which will either be offset by cutting public jobs or increasing taxes, further burdening Long Islanders.

Luckily for you, Chinese delivers.

[I_Love_LI_but]

Originally Posted by Pequaman

To fellow LI'ers,
Well we got off cheap for a couple years, but $4 gas looks like it's coming back. Boycott it if you can, use public transportation, LIRR and LIBus .

Oil spiked from $85 to $100 within 3 days on the mess in Libya, add about $0.35 to the price you see today and that's what it will likely be by Friday night. Go fill'er up while she's cheap and don't drive as much, if possible.

Who knows how long LI Bus will actually be in business. Last I read their budget will have $0 in May.

[I_Love_LI_but]

Originally Posted by Elke Mariotti

Public transportation doesn't work in my line of work, just adds to my expenses

Have your customers pick you up.

Just kidding.

[I_Love_LI_but]

Originally Posted by qlty

It seems we are conditioned to rising gas prices here so to most it will matter little,a shame but a fact.MO

Our gas prices are still nothing compared to Europe and Asia.

[NYTom]

We'll have to wait for election time to see them decrease.

That's when the Fuel Genie miraculously appears out of the White House.

[nassau2suffolk]

The first deepwater drilling permit in the Gulf of Mexico since the BP well disaster was just issued. A coincidence that it arrived on the tails of crude oil price spike? Too little, too late.

[wingnutks]

Originally Posted by ac1122

I know they are looking at his ideas on a smaller scale to charge cell phones, cars and the like..I did a research paper on this for my graduate studies (I used a company called Powercast)

Ive seriously been reconsidering trading in my current family car for a Hybrid but we dont do that much driving so I dont really benefit (NOW)

Looks like my Hot rod will stay in Winter storage for another season though (Predicting 5 bucks for 93 this summer) and at 7MPG City and 13HWY you can see why

Wouldnt happen to be a BB Ford 427, would it?

[woody516]

I wonder what the Tea Party is doing about gas prices? hmmmmmmm....all those representatives in Congress, and yet still....nothing