?

Log in

No account? Create an account

Gas prices

« previous entry | next entry »
Mar. 17th, 2004 | 10:58 am

U.S. oil tanker law could raise gasoline prices.

Anyone want to start a pool for what the maximum gasoline price will be this summer? We're already at "near-record highs" and if tradition holds demand should climb forcing prices even higher.

And if the above article's analysis is correct, there could be sudden supply interruptions as well causing sudden price increases.

Maybe I should go test ride a recumbent.

Link | Leave a comment | Share

Comments {7}

secretslip

(no subject)

from: secretslip
date: Mar. 17th, 2004 11:46 am (UTC)
Link

$2.50/gallon

I wont be annoyed until it reaches $3.00/gallon, at which point I'll think twice about going places.

Reply | Thread

Diane Trout

(no subject)

from: alienghic
date: Mar. 17th, 2004 12:57 pm (UTC)
Link

I'm going to guess $2.75

Reply | Parent | Thread

Josh

(no subject)

from: irilyth
date: Mar. 17th, 2004 11:53 am (UTC)
Link

If the supply is running out, aren't rising prices a good thing? Seems like a sure way to create incentives to find alternative fuels.

Reply | Thread

Diane Trout

(no subject)

from: alienghic
date: Mar. 17th, 2004 01:10 pm (UTC)
Link

One argument I could make about the completely free-market price signals is they can be rather abrupt. If the sudden price increase absorbs most of some entities spare capital, the unprepared entity may not have the resources to research and implement an alternative.

For instance the recent winter spike in heating oil in new england could've made it difficult for the poorer people to be able to afford better insulation.

Though mostly that since I've been saying that we need to switch away from burning gasoline becuase of global warming and resource depleation issues, I'm feeling somewhat vindicicated that future is following my previous understanding.

Reply | Parent | Thread

Null pointer

(no subject)

from: lawnchair
date: Mar. 17th, 2004 01:40 pm (UTC)
Link

The next psychological point, as secretslip pointed out, is $3. Downtown SF may slightly exceed $3, but the rest of Calif. will flirt with $2.999 for premium, $2.799 for regular, which puts us midwesterners right around (and probably under, for the same reasons) $2.

It takes some little crisis to jump over those lines. I'm holding that we won't see one till 'October Suprise' season.

BTW --- Remember the electricity crisis, rolling blackouts, etc? Sure, rates went up. But has anything really changed since last year, excepting the annual 2% population growth rate / increased demand?

Test ride lots of 'bents... it's fun.

Reply | Thread

The Goddess (Obey The Mother Goddess)

(no subject)

from: alejandromagno
date: Mar. 18th, 2004 12:53 pm (UTC)
Link

What's a recumbent?

Reply | Thread

Diane Trout

(no subject)

from: alienghic
date: Mar. 21st, 2004 01:32 pm (UTC)
Link

A recumbent is a bike you sit in like a lawn chair. For instance, see recumbent cyclist news.

The big thing about recumbents is since your sitting down the cyclist is more aerodynamic, which allows you to go further faster.

Hooked up to an electric moter it starts looking like an affordable electric vehicle.

(Unaffordable electric vehicles look like this or this.)

Reply | Parent | Thread