Twiggyish | Saturday, April 21, 2001 - 04:26 pm   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   The reason???? my take on it is dubya wants to drill the arctic. |
Twiggyish | Saturday, April 21, 2001 - 07:21 pm   So that means he inflates the gas prices? |
Jenhavins | Saturday, April 21, 2001 - 07:29 pm   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   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   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   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   as Walter Cronkite use to say Lance, and that's the way it is..... |
Zeb | Sunday, April 22, 2001 - 07:31 am   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   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   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   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   Nancy091158, are you currently in England? Just wondering. |
Highlander | Sunday, April 22, 2001 - 03:45 pm   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   $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   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   Sorry too young but not by much!...sorry couldn't resist! |
Highlander | Sunday, April 22, 2001 - 06:08 pm   Oh did I mention I was sitting in a carseat at the time???? |
Moondance | Sunday, April 22, 2001 - 06:14 pm   LOL Highlander... nice try! |
Nancy091158 | Monday, April 23, 2001 - 01:11 am   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   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   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   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   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   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. |