I remember being able to fill up my car for around $20 and now, as you know, you can't even buy 5 gallons for $20. So I'm really wondering-Why? I hear explanations like short supply or increased demand, wars in oil producing countries, politics, governmental conspiracies, increased costs for drilling, and blah, blah, blah. Although I'm no economic genius, the only explanation I really believe is greed. Greed prompts people to do some pretty unthinkable things, so it's easy to believe that some really wealthy people (who happen to own oil companies) are really greedy and they want to get even wealthier, so they inflate the price of oil and we all just go along with it. It's not the end of the world, but I don't like the price of gas influencing my daily decisions. (I think my son has a broken bone-should I drive him to the ER? I have really good insurance, but no, can't afford it, the gas alone would cost more than the hospital bill. I'll just make him cast out of popsicle sticks and tape-it's better than wasting a tank of gas.)
Does anyone really know the truth? Will the prices ever come back down?
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Gas prices are affecting so many things! Prices are rising everywhere because it's cost more to get them. I am really evaluating my driving habits, especially when it cost $100 to fill my car!
Sorry, I don't know the "real" answer to why gas is expensive!
IT'S THE ALIENS!!! I swear--see, they've been siphoning the gas out of the planet in order to make more diamonds for their per Elvis.
It's true.
Or maybe people just need to eat more beans?
I heard on some news program some "expert" giving his two cents worth that in 40 years, the planet would run out of gasoline if we continue at the current rate of growth and usage.
(So how will I get to my bingo meetings at 70 years of age if I have no gasoline to power my car? Does this mean that I won't get to be a crazy senior citizen driver?)
(And I wouldn't tell Tyler about that last comment: it may give him bad dreams. NO CARS WHEN HE'S IN HIS FORTIES? WHA--?!?)
Great question. I was going to post this as a discussion question on my blog, because I am also curious as to the real reason. I think greed must be at the top of the list.
We just came home from filling my car and it was $86 for 2/3's of a tank!
No more random vacations for us! Too expensive with the Suburban. My sis in law was blessing her baby in SLC, but we couldn't go because of the gas prices alone.
I don't want to get rid of my SUV, but even I did, I couldn't get anything out of it now on a trade-in.
My sister works for a guy that buys cars at a car auction and Hummers are going for $7,000 (were at $42,000).
Bret's truck is a diesel. When we bought it, we thought that the diesel prices would always be lower than gas because they don't have to refine the fuel. Nope, $4.80 per gallon for diesel. More than gas!
We also just bought locking gas caps because my Mom and Dad just had their gas siphoned at their house. Don't want to be stuck at the mall and have no gas because someone siphoned it! (I did have that happen in Utah, only it was windshield wipers on a very snowy day!)
I think that all commodity prices are going to keep on the increase because the trucks are all diesel. This will probably be the "tip of the iceberg" problem.
I don't think that the prices will come down, but only go up. London's gas is at $7 a gallon.
I think that Wynne's comment was definitely cheerier than mine!
Hey, I'm confused? Danielle says that I have lots of gas, and I'm always more than willing to share what I have with those that are less fortunate. Yet, even so, nobody has ever taken me up on my offers?
Actually I have lots of thoughts on the matter, I think in the next 40 years we will be extremely suprised to find that life as we know it today will be vastly different in the years ahead. My own father was born in a time when people used horses and buggies to travel, had never heard or dreamed of television, and computers would not be fathomable for another 50 years. What does the next 50 hold? As far as oil prices I watched a Ted Koppel Discovery special on China that gave me some insight into the problem. Historically the 13 BILLION people living in China have mostly been dirt poor, earning maximums of 3-5 dollars/Day. Currently China's economy is expanding rapidly and Millions of those people are moving into a "Middle class" purchasing cars each year where they never would have dreamed of doing that in the past. That many people will have a huge impact on what happens to the availability of LIMITED quantities of fossil fuels that exist in the earth today. Check out the TV series on China if you have time, it was very interesting, and eye opening for some of us who are wrapped up in our own world here in the USA.
The People's Republic of Capitalism
Part 3: The Fast Lane
"China's streets have gone from being jammed with bicycles to being jammed with cars. The nation is adding 25,000 new vehicles to its roads every day — that's more than 9 million a year — and the government is building tens of thousands of miles of new highways. As millions of new drivers hit the road, this newfound freedom is bringing more accidents, more traffic and more pollution.
"China will soon become the world's largest producer of cars as well as the biggest market for new cars. Foreign automakers like GM and Ford are already enjoying huge success in China — today, more Buicks are sold in China than in the U.S. Meanwhile, Chinese automakers are planning an assault on the U.S. market with low-cost cars and they hope to be in American showrooms as early as next year."
Hmmmmm, Clint explained it to me. It was confusing, but I think it came down to GREED!!! He said it's not supply and demand, because we are actually using less gas!! (Dick Morris). It is totally crazy!!
Could you teach a class on making casts out of popsicle sticks?? I'm SURE that will come in handy with Lucas. :)
So I finally gassed up the Envoy this today. It was less than $100. It was $99.08. What a relief! I remember a year ago filling up and thought that $45 was a lot of money. Boy is that so much nicer. Oh well, such is life. I guess this is why the church always encourages us to have food storage and stuff, so that when everything gets too expensive, we will be able to still live without too much stress. But then you have to eat really gross food, so is that worth it. Anyways, I wish I owned an oil company or maybe put all my stock in one a while ago.
It's high because people will pay that much for it.
But it looks like supplies are going up, so that looks to be changing. Let hope so. We need prices to come down.
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