The price of gas is insane.

just wait till India's demand for oil hits the markets... gas in USA will hit $5 to $7 a gallon

gotta get these liberal tree huggers to stop blocking the drilling of Alaska. Man i remember the first thing Bush wanted to do as President and drill in Alaska and the Dems said no, that will tae 7 to 8 years to get to market, no need... WELL it looks like we could have bee using that oil now....

SUCCESS

Welcome to the New World Order.


weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee

"I get 70 miles to the gallon on this hog."

don't whine buddy, we're paying $2/L ($8/gal) in europe.

The planet is running out of oil. How will it ever go down again?


And keeping that in mind, how will the world economy ever recover if everything we have, from automobiles to plastic bags, depend on oil?

The US has been getting a free ride for as long as I can remember.

I remember back around 1966, when I was in grade school, I had a teacher, Mr. Larimer.

I used to annoy the hell out of my parents by constantly coming home with, "Mr Larimer says this." "Mr Larimer says that." My parents always scoffed at the ideas he was putting into our heads.

One of the things Mr Larimer told us was that in England, people were paying $5/gal for gas, and one day, we too would be spending that much.

This was rather shocking to us considering every intersection had three or four gas stations, and they engaged in the practice of "Gas Wars." That was when neighboring gas stations would try to undercut the other guy. I remember getting gas for less than $.20/gal.

I think Mr Larimer was right. If it means all of you have to get mopeds or bikes, that is fine with me.

blow the fuckers up.

next year we'll be getting our 80MPG vehicles so I'll be able to ditch my crappy 50MPG civic hybrid...

You'll just have to think about how often you actually need that truck or SUV and leave it at home... I have a '75 F100 with a 460 in it for towing needs and when I actually need a bed to toss shit into. everywhere else I drive my civic. The prius does get better gas mileage and isn't quite as slow but I just can't stand how ugly they are.

VW will save us with a diesel hybrid golf/rabbit

Costs me $20 to get a quarter tank.

Kinda lame compared to what i've been used to...

I predict so you will see a lot of F150's and big SUV's for sale for cheap in the next few years

Around 1980 my parents purchased a Rabbit because diesel was so much cheaper than gasoline, and somehow my dad could eek out 50 MPG.

Now it seems like diesel is $.30 - .50 more expensive than gasoline.

Anyone know why that is?

$100 bucks? Dennis, where are you located?

this weekend i paid $180 to fill up my tank and when i drive fast i can get maybe 300 miles out of it, 350 if i drive more careful

i have a new car ordered that can do 600 miles for $130 - that's a bit less painful

We are getting scammed out of about 60-70 cents per gallon in average, here in the US. I was in Europe/Frankfurt and saw about $ 7.50/US Gal. (=Euro 1.29/liter) for regular at the pump (diesel is cheaper there, here they tell us it's expensive because of world-wide demand, yada yada). A sticker at the gas station said gas in Europe contains 75% taxes including the 19% sales tax. This means, the gallon regular without tax costs about $ 2.50 there, am I right.

Now, in the US I pay about $ 3.50/Gal., but it contains only 15% taxes, which is $ 0.35, right? This leaves about $ 3.15. cost for our shitty regular and means that the gas at the pump in the US is about $ $ 0.65 higher than in Europe. If you live in CA the scam is even more significant, there you pay about a buck more.

Considered the A Class Mercedes diesel rental got about 58 mpg at highway speeds of 100 mph, and considered that driving distances in tiny Europe are often short, I came to the conclusion that Americans are getting fucked royally by somebody.

I am not sure where this $ 0.60- 1 buck goes, I just hope it's not the "tree huggers" again, filling their dirty pockets with our money.

yea I have to fill up twice a week and its over $50 each time. I love these gas prices

uhh.. ever think about how everything you buy in a stor eis transported?

Please. Do you realize even if you suck out all the oil in Alaska in these protected areas at once it would only supply the US with oil for about 15 months. Even at peak production this extra oil would only account for 3% of what the US needs ona daily basis. So what it drops gas by what, a dime? We could save 5X as much oil if everyone owned a hybrid.

get a lighter car...i fill up super like 40 to fill up right now, drive like a bat outa hell flooring it always and get 26 mpg, i can get to 30-32 if i drove 55 on the highway like a normal person..

fucking $1.26 per liter here in the lower mainland (Vancouver area)

$1.26 x 3.7854118 (gallon) =$4.73176 per gallon and you think you think you have it rough .. plus our dollar is worth more .. fucked ..

35 cents is 10% of $3.50 not 15%. Also it varies by state because each state has a different gas tax. It varies from 26 cents to 45 cents per gallon. In my state federal and state gas taxes amount to 39 cents per gallon.

you need to get a small economy car.

If I had a HUEG truck or a performance car, gas would be the last thing I would complain about. Kinda like getting a dedicated T1 line to watch youtube vids and then complaining about how expensive the T1 is, when a $15 dsl line would do.

I pay $3.8 per gallon / $1.02 per liter.

I wanted to type 10%, sorry. The tax here is about 40 cents/gal., in some States it is even lower. CA is high and has about $ 0.65 on regular and $ 0.70 on diesel. In your State, it seems, the scam is even more severe in some areas.

The same way they were in 1980 when diesel was cheaper than gas.

Good question since it costs less to produce.

Thank you.

It's going up every damn day here. Sucks...

Diesel could be a lot cheaper but there is more demand than there is diesel being refined. That and the fact that EPA says we have to use ULSD which costs more to make. A lot of refineries are making more No.2 oil instead of ULSD as No. 2 oil can be used to heat houses, offices, etc.

Well - on the SUV note... Im totally down for the falling prices! I have two SUV's now - and am lookign to buy two NEWER ones. See, the thing of it is, i can now get a nice 2003-2004 Chevy Tahoe with about 75k miles on it for 10k. Seating for 7, and room for all my kids shit - not to mention a whole lot more confortable when the stoner int he Prius runs the Red light and smacks us. On the fiscal side of things, becuase the prices are soooo cheap now on used SUV's - I am actually going to SAVE money paying for higher gas prices since the Hybrids are soo much more expensive. The $10k+ will pay for about 6 or 7 years of gas - even at $5-$6/gallon.

.................

as for price... the states taxes are 4 to 6 times what the oil companies are profting per gallon ($0.08/gallon average). On top of that, many states have different laws about what formulas of gas are allowed to be sold in that state... so refineries have to incur additional refining costs when they change formulas. That is in the price. And since the gas is actually transported by truck to the station.. it gets even worse. The increase in the price of Diesel is effecting the final price of the gas at the pump... its a vicious snowbal effect!

........

Fix for the problem??? 1) LOWER GAS TAXES! 2) NATIONAL STANDARD FORMULA 3) DRILL in Anwar and the deap gulf.

Gas prices in this country could be back down to about $2 a gallon and stay that way while the Auto Manufacturers work out better alternative-renewable fuels. CORN is NOT the answer!!! Hybrids with the current batteries aren't all that great either. They don't really protect the environment - you should see the process involved with bringing one to market. Its 'carbon footprint' is ridiculous!

As for oil running out... thats now debateable. Over the last few years, a number of new theories have surfaced that suggest some oil fields are growing. If thats true, then oil may not be solely - fossil fuel.

............

Regardless... any way you slice it - THE GAS PRICES SUCK!

Corn is a ridiculous band-aid solution when people are starving.

Um even the oil companies admit that Anwar would only supply for a couple of years max, and since Cheveron is the only company that really knows what is under it I would tend to agree with their findings. So why in the hell should we drill Anwar?

That is akin to jonesing real bad and instead of just dealing with withdrawl, flipping the cushions and finding one more rock that will last for the next 4 hours.

Corn is as silly as shit and just being used because some farmers got dollar signs in their eyes. It is a negative energy supply anyways. Ideally people should be looking at sugar ethanol, primarily from sugar beets.

cheapest I've seen today was a buck 18/litre

can you please post link so i can see where they say how much oil is there. I believe Bush stated there was plenty of oil there....

actually...

1. Only 8% of ANWR Would Be Considered for Exploration Only the 1.5 million acre or 8% on the northern coast of ANWR is being considered for development. The remaining 17.5 million acres or 92% of ANWR will remain permanently closed to any kind of development. If oil is discovered, less than 2000 acres of the over 1.5 million acres of the Coastal Plain would be affected. That¹s less than half of one percent of ANWR that would be affected by production activity.

2. Revenues to the State and Federal Treasury Federal revenues would be enhanced by billions of dollars from bonus bids, lease rentals, royalties and taxes. Estimates on bonus bids for ANWR by the Office of Management and Budget and the Department of Interior for the first 5 years after Congressional approval are $4.2 billion. Royalty and tax estimates for the life of the 10-02 fields were estimated by the Office of Management and Budget from $152-237 billion.

3. Jobs To Be Created Between 250,000 and 735,000 ANWR jobs are estimated to be created by development of the Coastal Plain.

4. Economic Impact Between 1977 and 2004, North Slope oil field development and production activity contributed over $50 billion to the nations economy, directly impacting each state in the union.

5. America's Best Chance for a Major Discovery The Coastal Plain of ANWR is America's best possibility for the discovery of another giant "Prudhoe Bay-sized" oil and gas discovery in North America. U.S. Department of Interior estimates range from 9 to 16 billion barrels of recoverable oil.

6. North Slope Production in Decline The North Slope oil fields currently provide the U.S. with nearly 16% of it's domestic production and since 1988 this production has been on the decline. Peak production was reached in 1980 of two million barrels a day, but has been declining to a current level of 731,000 barrels a day.

7. Imported Oil Too Costly In 2007, the US imported an average of 60% of its oil and during certain months up to 64%. That equates to over $330 billion in oil imports. That’s $37.75 million per hour gone out of our economy! Factor in the cost to defend our imported oil, and the costs in jobs and industry sent abroad, the total would be nearly a trillion dollars.

8. No Negative Impact on Animals Oil and gas development and wildlife are successfully coexisting in Alaska 's arctic. For example, the Central Arctic Caribou Herd (CACH) which migrates through Prudhoe Bay has grown from 3000 animals to its current level of 32,000 animals. The arctic oil fields have very healthy brown bear, fox and bird populations equal to their surrounding areas.

9. Arctic Technology Advanced technology has greatly reduced the 'footprint" of arctic oil development. If Prudhoe Bay were built today, the footprint would be 1,526 acres, 64% smaller.

10. Alaskans Support More than 75% of Alaskans favor exploration and production in ANWR. The democratically elected Alaska State Legislatures, congressional delegations, and Governors elected over the past 25 years have unanimously supported opening the Coastal Plain of ANWR. The Inupiat Eskimos who live in and near ANWR support onshore oil development on the Coastal Plain.

I'm thinking about buying a Honda CBR125. It sort of looks like a sport bike, but has one cylinder, and gets like 100mpg

It's only like 3 grand too.

Science or discovery channel show on Anwar, had oil execs talking about it. Most noticably was the Cheveron guy since they are the only company who was ever allowed a test hole to be drilled and then capped.

I would not trust anything Bush just states. Where oil companies themselves who would profit are giving conflicting data. A one and a half to two year supply just is not worth it at all, even if the footprint would only be about 1,300 acres. Then as for the Alaskians, well they all get checks and hell there are certain tribes that live there that would really get paid. Neither of which is not blinded by chance of free money.

TRUE PRODUCTION WOULD RUN 25 YEARS

First, environmentalists took the lowest possible estimate of the ANWR's potential recoverable oil reserves -- about 5.7 billion barrels--and cut it by roughly 40 percent to around 3.4 billion barrels. Then they assumed that the oil would be produced at roughly 19 million barrels per day (b/d).

But the most likely estimate places the ANWR's recoverable reserves at an estimated 10.3 billion barrels -- more than three times the amount these environmentalists claim.

Moreover, any geologist would tell you that the notion of producing oil from the North Slope at a rate of 19 million b/d is sheer nonsense for at least two reasons.

First, when an oil field is brought into production, it takes time to reach its optimum output. After it does, it begins to decline as the resource is exhausted.

In the case of the ANWR, it is expected that production would build to 2 million b/d and then decline. In practice, this means the ANWR would produce for at least 25 years -- not six months.


...... read full story

Just filled up my tank $62 and seems to be getting higher everyday...was like $50 bucks 2months ago

A more REASONABLE argument that ANWAR drilling is not needed, is this:

Massive Oil Deposit Could Increase US reserves by 10x
America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.

In the next 30 days the USGS (U.S. Geological Survey) will release a new report giving an accurate resource assessment of the Bakken Oil Formation that covers North Dakota and portions of South Dakota and Montana. With new horizontal drilling technology it is believed that from 175 to 500 billion barrels of recoverable oil are held in this 200,000 square mile reserve that was initially discovered in 1951. The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present but with prices bottoming out at $10 a barrel back then the report was dismissed because of the higher cost of horizontal drilling techniques that would be needed, estimated at $20-$40 a barrel.

It was not until 2007, when EOG Resources of Texas started a frenzy when they drilled a single well in Parshal N.D. that is expected to yield 700,000 barrels of oil that real excitement and money started to flow in North Dakota. Marathon Oil is investing $1.5 billion and drilling 300 new wells in what is expected to be one of the greatest booms in Oil discovery since Oil was discovered in Saudi Arabia in 1938.

The US imported about 14 million barrels of Oil per day in 2007 , which means US consumers sent about $340 Billion Dollars over seas building palaces in Dubai and propping up unfriendly regimes around the World, if 200 billion barrels of oil at $90 a barrel are recovered in the high plains the added wealth to the US economy would be $18 Trillion Dollars which would go a long way in stabilizing the US trade deficit and could cut the cost of oil in half in the long run.

Well I'm not making up anything. There are maybe at most 10.4 billion barrels of oil there. We currently use 24 million a day. Do the math. 24 million divided by 10.4 billion = 433 days worth of oil. Of course you can't get all the oil out at once and if you spread it out over 25 years that area would supply about 4% of our oil needs daily if our needs didn't increase over the next 25 year which they would. Everyone drivng a car that got 32 MPG would save more barrels of oil that that.

the reason for the switch to diesel these days would actually be mileage .. they are getting almost double the miles compared to a gasoline engine .. and ya ... time to get back into the bike lifestyle .. damn i miss it .

If 200 billion barrels of oil are really there oil BETTER be A LOT lower than $90 a barrel. Gas better be back down to $1 a gallon.

have to go to ANWAR... its our only chance...whos coming wit me

Too good to be true

"Thursday, April 10, 2008
The USGS has estimated mean recoverable reserves of 3.65 billion bbls, and the estimate does not cover the Canadian portion of the Bakken. "

So much for 200 billion. About 5 months worth of oil.

Now I understand how my dad would put 5$ of gas in the tank, and drive all week.

the purpose of the production is not to be the sole source of oil - but to further increase domestic production and create a larger buffer against OPEC and other not-so-friendly oil producers. The more sources - the more stable the price.

I was at the auto parts store a few days back, and saw a easy pump gas siphoning kit (was like 5 dollars), and my neighbor sleeps in late. 2+2 = ? I think there is alot more to this then just time and natural resource - hmmm wonder what those things could be....

Can anyone explain this to me? Spooky shit -->
http://www.lafn.org/politics/gvdc/Natl_Debt_Chart.html

anyone remember what the price of gas was from say - '94~'00?

South Florida - $3.50-$3.80 per gallon

gas is over $4 here in Manhattan : ( Diesel is approaching $5