gas prices (home, buy, construction)

[2 tracker]

Am I the only one that thinks we should stand up and put our pants back on when we buy gas?
It would seem to me that after saving the oil wells in Kuwait AND Iraq that we should be getting a discount on the $111 a barrel price. There's a helluvalot of oil coming out of Alaska but where is it going? Doesn't seem to be here.

[Wild Style]

Gas prices are not dectated by the united states of America. Oil is a exhaustable resources, and as it becomes harder to get it out of the ground and the less we have the more money we at the pump will pay. You should look into "peak oil". You should also think about getting a more gas efficient car or taking public transportation. Well, you could also consider a scooter or motorcycle. Other than that, besides staying home more often there is little else we can do.

[alleycat]

Originally Posted by Wild Style

Gas prices are not dectated by the united states of America. Oil is a exhaustable resources, and as it becomes harder to get it out of the ground and the less we have the more money we at the pump will pay. You should look into "peak oil". You should also think about getting a more gas efficient car or taking public transportation. Well, you could also consider a scooter or motorcycle. Other than that, besides staying home more often there is little else we can do.

And, if it's just about the money, invest in an energy mutual fund as a hedge. I have shares in Vanguard Energy. I believe it gained 37% last year, 33% the year before.

[Wild Style]

alley

alternative fuels will be the next bubble so it would be good to get in now

[Teacher2Be]

Oil prices are dictated by Wall Street! No, not the pub in the square in M'boro, the actual Wall Street in NYC. It's sad that THEY dictate what prices will be, but alas, that's the way it is.

[2 tracker]

First of all, I do understand supply and demand. I'm second generation in the construction business. Secondly I have a guzzler and 2 sippers unfortunately the "sippers" won't pull the camper, the boat, or 2 track like the Jeep will. Third, it's not the money, it's the principle.

Oil prices are not dictated by Wall Street and less by supply and demand than the greedy whims of the oil Chartel and their American counter parts who keep bragging about record profits. The same people that begged us to come rescue them and put out the fires back when Georgie's daddy refused to finish the job are the same people that participate in the decision to over charge just because they can, and our government lets them. The only say WE have in it is deciding which liar to elect next time which would be more acceptable if it were someone living in the same galaxy as the average person.

Geez, I'm usually pretty laid back. Better get off the "soap box" before it tips over!