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Tourer
Posts: 548
Mount Vernon, WA United States |
I subscribe to CNN email alerts and this just came across...
- The AAA's national gas price average has reached $4 a gallon for the first time in history.
I just found this depressing news. I mean I realize the price of gas is out of control. I also realize we still have some of the cheapest gas prices in the world. But I never thought I would live to see the day that I couldn't fill the tank on my bike with a $20.00. Not to mention $75.00 for my car.
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Cruiser
Posts: 249
Montreal, QC Canada | The rich get richer........... |
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Tourer
Posts: 320
Savannah, GA -Year round riding!! Yay! | I used to laugh at the little warning signs on the pumps about how some credit or debit cards have a $50, $75, 0r $100 limit, and the pumps will automatically shut off when they reach it. Last week, I was filling up the tank on our Yukon XL (the light came on... the last time I put gas in it was in March!). It had reached $100, which is apparently my credit card's max. And I only had about 7/8 of a tank!!! First time this has ever happened to me! When I left work yesterday, my fuel light was on, on my bike, so i stopped at the convenience store next to me. I paid $4.11/gallon for 87 octane!
What really hurt, was when I was riding down the road, about 10 miles down, the Kroger pumps were still $3.87/gallon, which would have been $3.84 with my Kroger shopping card! (Thank goodness it's only a 5 gallon tank. $0.27/gallon difference on a 30 gallon tank would have hurt a lot more!!!!) 
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Tourer
Posts: 495
Carrollton, TX | kenandpen - 2008-06-08 7:50 AM The rich get richer........... And the dumb keep getting dumber! That is the liberals that block legislation from passing to allow us to drill our own oil. We have plenty of oil and if we could just drill where we need to and build refineries we would be paying $1.50 a gallon and it would create great wealth for our country like it has for others. |
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Tourer
Posts: 332
Dale, Indiana | Amen Spock!
Edited by Indiana RoadRunner 2008-06-08 11:52 AM
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Cruiser
Posts: 238
SF Bay Area | ... make that triple digits to fill my GMC truck tank, even with 89 octane.
In my 'hood 89 octane is about $4.40 per. |
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Visionary
Posts: 3204
Memphis | The Vision is my full time ride and I have a 22 mile commute each way to work. I'm getting about 43 mpg so even if/when gas gets to $5/gal it will only cost me $25/week to commute (one gal/day). I have a lot of friends at work asking about motorcycle/scooter options these days.
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Puddle Jumper
Posts: 34
Pensacola, FL | The rising gas prices are what made me decide to sell my Hayabusa to get a bike that I could carry my lunch box & brief case on to work, as well as have all the creature comforts for traveling ! I plan on riding my vision for every day transportation. So far, it has averaged 46.7 mpg on my commute to and from work !
Steve. |
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Iron Butt
Posts: 810
| I wouldn't doubt the average price around here is 4.50 a gallon with some stations charging almost $5/gal. Tim |
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Cruiser
Posts: 110
| Sorry to rain on anybodies depression parade but My depression goes much deeper. How would you like to have an 06 kingpin an 06 hammer and an 08 vision sitting in the garage during these high gas prices because some "A-HOLE" pulls out of a convience store without stopping at the street only to knock me off of my hammer breaking my hand (with displacement) and leaving the scene of the accident...luckly the big guy in a tow truck was able to lift the bike off of me. bike is fixed but I will be out till October... |
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Tourer
Posts: 496
Scottsdale AZ | Rob- Good point- Sorry for your accident, glad you weren't hurt any worse. I was in my cage with family two weeks ago Sunday and was the second on the scene to a motorcycle rider fatality. A girl on a cell phone pulled out in front of the motorcycle. I won't make any complaints about gas prices. Hope you can recover ASAP. |
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Visionary
Posts: 1436
| Sorry gang I should let this one go by but after reading the replies I simply cannot. Americans have been and continue to be DUPED by the media and politicians. We don't have an oil SHORTAGE, we have a refining shortage. We use 22 billion barrels a day and only have a refining capability of 17 billion. That means demand out paces supply and we get high prices. We need 2 things: first we need our politicians to force the REOPENING of refineries shut down over the past two decades. Secondly we need the cost of speculation increase from the current 7% to 50%. The Senate has been holdng hearings for months and doing NOTHING, we need to lobby our elected reps to get off their butts and do these two things ASAP. Finally prices will fall by mid to late summer so hang in there. Pretty bad when oil closes at $150 a barrel when OPEC price projected $55-$57 a barrel for this year, speculators suck.
Edited by Teach 2008-06-09 11:52 AM
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Cruiser
Posts: 115
Victoria, BC | Canada can produce more gasoline than it needs (we have seven times more oil than Saudi Arabia), however refining it is still a bit of a problem for us.
As it stands today, the average price for gasoline in the USA is just over $4/usgal (1.05/liter).
In Victoria, B.C. we are paying $5.28/usgal ($1.398/liter).
Why? Because the multi-national oil companies know that we will pay it. Their profits will be thru the roof for this quarter (again), and until the consumer finds a way to boycott certain oil companies to create a gas war, it will keep rising.
Greed is never satisfied! |
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Cruiser
Posts: 115
Victoria, BC | Forget the figures in the previous post. Just went to pick up my Wife from work and noticed that in last couple of hours gasoline went up to $1.46/liter. The radio said that some stations are even at $1.49/liter. That's crazy! |
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Visionary
Posts: 1324
So Cal | Supply and demand. When gas hit $2.50, people complained but they still bought their Range Rovers & Escalades. When it hit $3 everyone bitched but they still bought those gas guzzlers. I dont remember seeing sale people twisting anyones arm to buy these things. Now you have most of a nation driving SUV's, using more gas than before, where did you think prices were going to go?
I feel sorry for those that really need their trucks for work. |
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Visionary
Posts: 1324
So Cal | By monitoring the instant mpg display and experimenting with throttle and gear selection, I have managed to squeeze out 37 mpg on my daily commute to work. All city streets no freeway riding. Not bad for a 106 ci machine. 35-36 mpg is a no brainer now. |
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Tourer
Posts: 423
northwest florida | one thing to do is make sure your mutual fund has petro stocks. or buy petro stocks. I hate the pinch at the pump but I smile at my Imperial oil and Murphy oil stock. key note to remember with any stock. never fall in love with a stock. it will break your heart. |
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Visionary
Posts: 1350
| All this whining about gas prices is tiring...... Wait till you fill your fuel oil barrel next winter. $4 x 250 gallons = $1000.
Instead whining what politicians should do and oil companies should do, ask what we as users should do.  What Americans walk and ride bicycles and commute with others. What the hell is this world coming too? We don't buy gas, it sits on barges off the coast to off load, prices go down. Yeah, Americans have to do something besides whine and we all know that ain't going to happen. |
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Visionary
Posts: 8144
New Bohemia, VA | BlueOx USA - 2008-06-10 8:51 AM All this whining about gas prices is tiring...... Wait till you fill your fuel oil barrel next winter. $4 x 250 gallons = $1000. Instead whining what politicians should do and oil companies should do, ask what we as users should do. What Americans walk and ride bicycles and commute with others. What the hell is this world coming too? We don't buy gas, it sits on barges off the coast to off load, prices go down. Yeah, Americans have to do something besides whine and we all know that ain't going to happen. What? And give up my wasteful lifestyle? I'd rather pay extremly high prices then to give up the way I live so those who take my money can build island with 10-star resorts and eat diamond studded chocolate.  |
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Visionary
Posts: 1436
| Again I would encourage folks to look into matters for themselves as I see many have really been duped. How big ones vehicle, miles driven, etc... are NOT driving the price hikes. North American fuel consumption has been FLAT for at least the past 2 years and technically at least 4 years, the SUV argument is total fabrication. If you are one who BUYS into this argument please ask yourself why Europe and/or Britains prices arealso skyrocketting when a huge motor is a 2.2 four banger?
Before I end let me just say I never suggest WAITING for someone else (government or business) to do what needs done. "We the People" need to get on the stick and force our elected reps to do the honest work we pay them for. That means making the necessary change to refining capacity and increasing the cost of speculation to where it SHOULD have been for years.
Its not just oil folks. Egypt is having a shortage on wheat for the first time in modern history as a result of the "bump and dump" and gold prices have also gone through the roof. To give you some idea wheat has risen from 3.?? a bushel to over $28 in the same period oil has risen from $55 to $150, we need the brakes put on.
I'm done, but I'll leave you with a famous quote "with knowledge comes power". So don't simply BUY into the media BS, look into the facts so you are truly informed....... enjoy |
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Tourer
Posts: 548
Mount Vernon, WA United States | Teach is 100% on. I certainly can't fault those with the Oil asking the prices they're asking. I'd like to, but sheesh... if I had a consumable product that I could sell for $100 or $300 and in either case it would sell.... guess what... I'm selling it for $300.
Without turning this into a political conversation, because I think it really transcends that.. I'm not sure what we can do. We can hound the elected officials, but if it's not even on their agenda.... it's just noise.
Anyway... just venting... I have little to complain about. My commute is from the bedroom down the hall, to my office. Most everything else is within a couple miles of home. It's an extra shock to me cause I only go to a gas station, maybe once a month, so it's sticker shock from the previous month. |
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Visionary
Posts: 8144
New Bohemia, VA | Sure, knowledge is power, and that is a good thing. It cannot be disputed as American's many are very wasteful Simple economics says when demand is up, supply stays the same, prices go up. When supply is greater, and demand is low, prices come down. Though it would not have the impact most believe it would have, not buying gas for one day would still have an effect. I do not believe it would make gas prices go down, but I don't believe they would rise for a while. It's hard to figure, but maybe Teach knows why the price of the barrel of oil has risen significantly over the last year or more, yet the gas price at the pump has not, but has increased, has not by the same precentage rate. Also, the regular, mid-grade, premium all stay within the same 10 to 20 cent range, which still perplexes me. I'm sure there is an explanation to this to that I probably forgotten. It almost tells me that even hounding our politicians would not changes this. I'm sure there is some big economic explanation for all of this, but the bottom line is that this is one commodity that will never be out of demand, and someone knows it. But as for me, let the prices go through the roof, sad as it may be on some, it will not keep me from doing the things I need to do. I'm not trying to stir the pot, but it is an interesting discussion that I'm sure some have insights that I don't. |
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Cruiser
Posts: 153
Frisco, TX | Miles - 2008-06-08 5:27 AM I subscribe to CNN email alerts and this just came across... - The AAA's national gas price average has reached $4 a gallon for the first time in history. I just found this depressing news. I mean I realize the price of gas is out of control. I also realize we still have some of the cheapest gas prices in the world. But I never thought I would live to see the day that I couldn't fill the tank on my bike with a $20.00. Not to mention $75.00 for my car. The worst thing you mentioned is that you get your news from CNN. |
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Cruiser
Posts: 235
Evergreen, CO | A few facts...
1. U.S. consumes 38% more oil in 2006 than it did in 1970
2. U.S. pumps (non-import) only 53% as much oil in 2006 as compared to 1970
3. Guess which country the U.S. imports the most oil from today? Canada....Saudi 2nd, Mexico 3rd
Followed by a few opinions......
If we all rode Visions, and the U.S. was able to find that happy median between pumping more oil IN THIS COUNTRY without totally screwing up the environment, our houses were more energy efficient, and we invested 10% of what we spend on Dub-Ya's war on alternate energy technology and smart efficient mass transportation (like in Europe), we wouldn't need to import a drop of oil. Besides, everyone would be happier, riding their Visions every day instead of driving their Hummers, Escalades, etc. |
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Visionary
Posts: 1324
So Cal | I remember the '73 shortage. I had a friend in Vietnam, in the service. He said they had so much gas being delivered they were rt\unning out of room. We complain, the politico's say theyre looking into it, but nothing will be done. The devalued dollar isnt helping. With China and India comming online, it will only get worse. Cant understand why they arent planning for alternatives considering the price of oil? So much of our tax dollars have gone toward liberating Iraq, I cant understand why we cant be compensated with a couple of extra barrels?
Personally, I think the US is trying to use everyone elses up first. |
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This is just so depressing
