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  1. #1
    Good Enough rrussou812's Avatar
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    04.23.17 @ 12:14 PM
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    Default Prediction of $3 gallon gas

    http://money.cnn.com/2005/06/27/news...ex.htm?cnn=yes

    NEW YORK (CNN/Money) - Gasoline prices, reversing a two-month slide, are again approaching records and at least one expert thinks they could hit $3 a gallon soon in the United States.

    "We'll see it within a year," T. Boone Pickens, head of the billion-dollar hedge fund BP Capital Management, said on CNN's "In The Money" over the weekend.

    Pickens noted the discrepancy between $2 a gallon gas in the US and $5 a gallon gas in Europe. "The energy situation is global," he said. "I know there are taxes involved in the pricing...but eventually it's going to have to move up."


    Uggh man this really scares me, no way in hell me and the mrs can afford $3 gallon gas, $2 a gallon is bad enough

  2. #2
    Atomic Punk Eddymon's Avatar
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    12.12.17 @ 10:19 AM
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    Its about .25 cents per gallon in Iraq.
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  3. #3
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    12.05.17 @ 03:19 AM
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    It's roughly $7 per gallon here at the minute, most of it tax. Count yourselves lucky.
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  4. #4
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    06.29.07 @ 03:57 PM
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    It's about $2.20 right now in Florida....I can see it hitting $2.50 before the end of the summer. Whew....I'll be cutting back on my food budget even more....
    From 3-13 to 10-6 and NFC South Champs.....go Saints!

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  5. #5
    Good Enough Ace Ventura's Avatar
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    01.01.13 @ 04:06 PM
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    Well, if the U.S. would open a few more refineries we wouldn't be having this problem!!! Damn, this pisses me off!!!
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  6. #6
    Atomic Punk Raldo's Avatar
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    12.12.17 @ 10:17 AM
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    Gee, wasn't it just a couple of years ago, that $1.50 was the average price. That seems like ages ago. I just find it ridiculous how it has risen so sharply over the past few years.
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  7. #7
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    02.26.17 @ 05:10 PM
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    as long as people keep paying that much for gas it'll keep going up...easy economics...
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  8. #8
    Sinner's Swing! chewbaccamonkeylunch's Avatar
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    02.16.16 @ 06:50 AM
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    Quote Originally Posted by rrussou812
    Uggh man this really scares me, no way in hell me and the mrs can afford $3 gallon gas, $2 a gallon is bad enough

    Yeah, we have here in the metroplex the highest gas prices in the state. sucks.

    I'll see if the chart showing how much the tax is on a gallon of gas for each state is updated. I think the average is +/-fifty cents a gallon or so.
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  9. #9
    Sinner's Swing! chewbaccamonkeylunch's Avatar
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    02.16.16 @ 06:50 AM
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    http://api-ec.api.org/filelibrary/Ga...r2004Final.pdf

    There is the link to the most recent tax info.

    California leads the nation with 56 per gallon in taxes (state, federal etc..)

    I guess we don't have it too bad here in Texas. Only 38 cents a gallon for us.
    The trashman was my hero.......
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  10. #10
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    07.10.17 @ 09:12 PM
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    We complain about driving, but just think what this does at the grocery store or the local WalMart. We will be screwed repeatedly.

  11. #11
    Super Duper Frontman track 5's Avatar
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    12.03.17 @ 09:00 PM
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    Default

    Quote Originally Posted by rrussou812
    [url]
    T. Boone Pickens, head of the billion-dollar hedge fund BP Capital Management, said on CNN's "In The Money" over the weekend.

    Pickens noted the discrepancy between $2 a gallon gas in the US and $5 a gallon gas in Europe. "The energy situation is global," he said. "I know there are taxes involved in the pricing...but eventually it's going to have to move up."

    T- boone is a fucking punk. Not that that has anything to do with the topic at hand. :familyhistory: I forgot my daily, "T-boone can eat shit from that sick hefer and die," saying today. I feel better now. Out.
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  12. #12
    Atomic Punk ZeoBandit's Avatar
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    12.12.17 @ 06:17 AM
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    Bring on the hydrogen cars. Screw big oil!
    "What we are dealing with here, is a complete lack of respect for the law" - Jackie Gleason, Smokey and the Bandit

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  13. #13
    Top Of The World stratogibson's Avatar
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    It's our own fault. Let me pop outside and drive my suburban home by myself. Hmmm. Demand increasing=price increasing. If you want the price to come down, use less.
    You know the best tone I ever had was with that little bandmaster cranked to 10. Edward Van Halen, 1980, Guitar Player Magazine.

  14. #14
    Wear the fox hat... Filthy 150's Avatar
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    10.16.17 @ 11:43 AM
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    Default hydrogen?? HA!

    Quote Originally Posted by ZeoHalen
    Bring on the hydrogen cars. Screw big oil!
    I just finished an article on hydrogen cars.
    The refining process involved in transforming hydrogen into a state usable in cars requires the massive use of natural gas. This process alone would increase global pollution over petroleum refining, AND Saudi Arabia has the largest reserves of natural gas in the world.
    So, yeah, hydrogen powered cars will hurt big oil.
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  15. #15
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    06.29.07 @ 03:57 PM
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    Quote Originally Posted by Limecuda
    We complain about driving, but just think what this does at the grocery store or the local WalMart. We will be screwed repeatedly.
    Agreed...

    Also, I think the rise in gas prices is what is hurting the movie box office totals right now . The totals are way down compared to last year...I've had to cut back on that to cover my gas budget.....
    From 3-13 to 10-6 and NFC South Champs.....go Saints!

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