Archive through April 23, 2001

The ClubHouse: Archive: Soaring Gas Prices: Archive through April 23, 2001

Twiggyish

Saturday, April 21, 2001 - 04:26 pm Click here to edit this post
What's your take on it? I can't wait to hear what you all have to say, as I am not understanding the reason for the hike in prices.

Highlander

Saturday, April 21, 2001 - 04:31 pm Click here to edit this post
The reason???? my take on it is dubya wants to drill the arctic.

Twiggyish

Saturday, April 21, 2001 - 07:21 pm Click here to edit this post
So that means he inflates the gas prices?

Jenhavins

Saturday, April 21, 2001 - 07:29 pm Click here to edit this post
Doesn't OPEC control the gas prices and the gov't controls the .20 to .30 tax? Not sure how it works i guess

Lancecrossfire

Saturday, April 21, 2001 - 07:32 pm Click here to edit this post
Well, let's see. The word is put out by the government is that OPEC is shorting us on oil, so prices will rise. Of course the only way to combat this is to create our own supply of oil to the best of our ability (our own meaning US). Well, that will be the story anyway.

Wait and see.

Twiggyish

Saturday, April 21, 2001 - 07:37 pm Click here to edit this post
Why is OPEC shorting us? I remember in the 1970's (not giving my age here), waiting in long gas shortage lines. Are we in for the same?

Lancecrossfire

Saturday, April 21, 2001 - 07:40 pm Click here to edit this post
I remember those lines too. OPEC won't short us--the administration will say they are.

I sure hope we aren't in for long lines. Just in for the administration doing what they can to promote big oil business.

Well, that is my call on it anyway.

Highlander

Saturday, April 21, 2001 - 07:52 pm Click here to edit this post
as Walter Cronkite use to say Lance, and that's the way it is.....

Zeb

Sunday, April 22, 2001 - 07:31 am Click here to edit this post
Here in Texas, we are a bit spoiled as gas prices aren't as high as in other parts of the country. Just the other day, I saw that the spread was like : $1.69, $1.79, and $1.89 which is the highest I've ever seen.

By July, prices are expected to get as high as $2 per gallon and up to $3 per gallon in some places.

OPEC: Over Pimp Every Customer

Jenhavins

Sunday, April 22, 2001 - 10:50 am Click here to edit this post
I live in Texas too...I did see gas prices yesterday for 1.49, but that is the cheapest I have seen it. It is $1.54 by my house, but where I work, it is around $1.64. I filled up at Sam's on Friday for $1.33, but I am sure that will be the last time I see it that low for a while.

Nancy091158

Sunday, April 22, 2001 - 11:34 am Click here to edit this post
the prices here in england are around 80 pense (1.200 for regular unleaded...and the english think thats high LOL ;-)

Egbok77

Sunday, April 22, 2001 - 03:40 pm Click here to edit this post
I remember those long lines in the 70's and I also remember the ODD and EVEN days to help curb those long lines. Today I filled my tank and paid $1.72/gal for regular. IMHO, Dubya's doing us in.

Egbok77

Sunday, April 22, 2001 - 03:41 pm Click here to edit this post
Nancy091158, are you currently in England? Just wondering.

Highlander

Sunday, April 22, 2001 - 03:45 pm Click here to edit this post
he is Egbok, but today they announced that Cheneys commission will not recommend drilling in the arctic. Looks like they realized they wouldnt get away with it. Although they are going to drill off coast of Florida.

Tess

Sunday, April 22, 2001 - 05:17 pm Click here to edit this post
$1.79 here in Bloomington. That's the highest it's been here. I'm hanging on to my 1/2 tank of gas. I was in San Francisco in the 70's and thankfully didn't need to have a car. I could get anywhere I needed by streetcar, cable car, bus, BART, or foot power. We had lines for the gas station stretching for blocks and people would run out of gas while sitting in line for hours.

Highlander

Sunday, April 22, 2001 - 05:21 pm Click here to edit this post
I remember the odd even days of the 70s. if your license plate was an odd number you could fill up every other day. The lines were huge but what I also remember about that time is that people were understanding. I dont know if anyone recollects the same thing.

Moondance

Sunday, April 22, 2001 - 05:57 pm Click here to edit this post
Sorry too young:) but not by much!...sorry couldn't resist!

Highlander

Sunday, April 22, 2001 - 06:08 pm Click here to edit this post
Oh did I mention I was sitting in a carseat at the time????

Moondance

Sunday, April 22, 2001 - 06:14 pm Click here to edit this post
LOL Highlander... nice try!

Nancy091158

Monday, April 23, 2001 - 01:11 am Click here to edit this post
hi egbok yes i am on vacation but leave today(its monday already) to return to boston..its a miserable rainy day today ;-(

Misslibra

Monday, April 23, 2001 - 08:59 am Click here to edit this post
Well like Zeb said the prices of gas are expected to get as high as $3.00. So right now we better enjoy the prices while they last. Can you imagine paying $3.00 a gallon for gas ? What a rip off !!

Grooch

Monday, April 23, 2001 - 09:05 am Click here to edit this post
I bet everybody's sorry they bought those huge gas guzzling SUV's. I think I have one more reason now to look for a job closer to home. (My job is 25 miles away.)

Btw Nancy, those English prices, is that for a gallon or is it for a liter? It makes a big difference.

Bijoux

Monday, April 23, 2001 - 10:34 am Click here to edit this post
Twiggyish:

OPEC is cutting back on production because the increase in prices will be enough to increase their revenues even though they are selling less. To make the strategy work, each member of the cartel must comply with their quotas. In the late 1970s the cartel fell apart because members were cheating on their quotas. I'm guessing that if the price does rise to $3.00 a gallon, there will be too much temptation to cheat again and prices will come down.

Grooch

Monday, April 23, 2001 - 11:56 am Click here to edit this post
Here's an article on the soaring gas prices. They say it has nothing to do with OPEC this time. It's because of new regulations to clean up the air. So instead of the "wanting to drill in Alaska" theory, I guess it's going to be to repeal the clean air act. Or maybe Bush is trying to kill 2 birds with one stone.

http://dailynews.yahoo.com/htx/nm/20010423/ts/energy_gasoline_economy_dc_1.html

Bijoux

Monday, April 23, 2001 - 12:25 pm Click here to edit this post
Thanks for the info Grooch. Here's some more info.

http://www.washingtonpost.com/wp-dyn/business/industries/energy/A50265-2001Apr22.html

Sorry. I don't know how to make it a link.