Money – Noel Bosse and Ken Davis watch as the numbers keep pinning at the gas pump -- 70 bucks, 80 bucks. Gulp, guzzle, then it stops: $101 for about 25 gallons. The $100 fill-up has arrived in the United States. "I think it's absolutely ridiculous," Bosse says with disgust.
$100 fill up! Years ago, my dad owned a gas station. As a kid, I would run up to the pump if a Cadillac came in for a fillup just to see the meter go up to $10. The Caddie was the only car at that time that would runup a $10 fill up. We had a fair number of customers that would come in just for a dollar's worth of gas.
The one thing that I noticed in the artical was that the people who were pulling the trailer made the comment that they said that didn't know how people were making it with high prices but they themselves will likely continue to do what they do without change. We have a mentality as a species that if the neighbor can do something we can do it as well, we push the limit on everything whether it is size of cars, size of our houses, types of vacations and many other things. This competetive trait is the thing that will drive us to ruin, the advertisers of products figured this out years ago, until people as individuals decide that they are going to change we will continue to pay for fuel until it is gone.
We do tend to overdue from time to time until we learn our lesson, don't we. You can't tell somebody not to do something; it seems they have to figure it out for themselves, generally through error. How many movie stars with huge salaries eventually go broke.
The big house is hollow once you have it. Too costly to furnish, high taxes, high everything, hard to keep clean.
A downturn sometimes is a good thing because it makes people re-evaluate their lifestyles and make better decisions.
Cityslicker
It is not as simple as that although every time you fill your tank with Middle Eastern sourced gas you are funding terrorism but you get used to it. [Northern Ireland is a good example.]
It is hard to accept that I know, so, stop buying ME oil even if that will hurt the Saudi/Bush connection, and there is a connection that they don't want you to know about.
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People need to use their brains. Why would a finite, non-renewable resource which is running out NOT go up in price (I mean oil, of course). They should see European gas prices. We are too spoiled in the US and if higher gas prices means more conservation, so be it.
TE is talking long term, and you're talking short term.
In which case you are both correct. There is too much supply currently to justify these astronomical prices. Look for gas prices to plummet if a Dem, especially Obama is elected in November.
That said, a price trend going upward is to be expected as we use up the supply of easy oil and have to work harder and harder to obtain what oil remains.
"if higher gas prices means more conservation, so be it."
Tech- I say, bring it on. it's one way to get people out of their cars.
we have the intelligence to find alternatives to this gas price issue. I think it's BS to promote biofuels. (which is causing food shortages all over...probably the worst example is Haiti.) we can get through this with a little planning and the elimination of frivolous car drives.) walking is sometimes a better alternative.
thanks for the article.
Tech you are completely out of touch -
#1 - Exxon-Mobile is making obscene profits at our expense & we just say "more porridge please,sir"
#2 Petroleum is traded by agreement in US dollars as the dollar falls against other world currencies the cost will go up so that t5he producers make the same as whenb the dollar was worth more.
#3 In Europe most of the price of gasoline is taxes, here most of the prices is oil co. profits
Wake up!