F... gas prices

[DynamiteRave]

Originally Posted by Buster

Also, here in my part of PA, gas jumped from $3.599 to $3.799 in a week!

Same here in DC. Its actually $3.79 right now. I'd hate to go into the Capital Hill area and see what all the rich people are paying for gas. Has to be damn near $4.00 for regular.

I love going out in the morning to a $3.63 gas price and coming home to a $3.73 price.

How the price increases in a matter of 8 hours still amazes me.

PLUS...

SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.

[Sheriff Gonna Getcha]

Originally Posted by DynamiteRave

SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.

I'm driving a 99 Ford Explorer. I'm probably going to buy an Accord soon though. Guess why.

[70Chip]

I think the government shoult make it illegal to trade oil on margin. I think you would see the price drop right away if some of these guys were risking their own hard cash. I think the margin is currently like 5% which is ridiculous.

Futures contract - Wikipedia, the free encyclopedia

Speculation - Wikipedia, the free encyclopedia

[BDBohnzie]

Originally Posted by DynamiteRave

SGG, what type of car are you driving? I'm driving a Honda Accord and it costs ME damn near $50 to fill my tank. I'd probably slit my wrists if I knew what SUV owners were paying. I'd probably kill to be owning a hybrid right about now.

2003 Mercury Mountaineer - 22 gallon tank, I'm putting in over $70 every time I fill up, which is anywhere from 5 to 10 days per tank, depending on how much driving we're doing. My wife commutes 60+ miles round trip 4 days a week (Telecommutes Fridays), and I'm going to softball 2 nights a week (48 miles round + 67 miles round) in our Civic. So a 12 gallon tank last us roughly a week (the car sits on weekends), so $40/week to keep it full. A good month looks like $370/month for gasoline. Bad month looks like $580/month.

Not looking forward to any summer trips, since we have a baby, the Civic isn't big enough for the 3 of us plus the crap we're hauling...so any time we go more than 300 miles in a weekend, it's another $70+. Twice a month, and we're looking at an extra $150 on top of what we're already paying...

It's funny to think about it now (considering less than 10 years ago, gas was less than $1/gallon), but I think a good median threshold is $2/gallon. Closer to $2.50 in the summer time, while under $2 in the winter time. Especially since salaries are not increasing as fast as the economy is inflating...