Get ready to get raped even worse at the Pumps!

Steve Forbes said 1 year ago, that within 1 year the price of a barrel of oil would drop back to $30 a barrel. What a moron that guy is.

hotmustang331 said:

Government need to take emergency control over the big companys and fire the big shots...then drop the price to $35 a barrel due to the millions saved in salary and bonuses LOL. AND KEEP IT THERE F O R E V E R.

Click to expand...

Not that I like high gas prices, but the government should NOT be able to take over a company no matter what they make or how much it costs.

The fact of the matter is that nearly all the rest of the world has higher gas prices than we do ($6 or so a gallon) and thus more fuel efficient vehicles. Until we are willing to give up our big V8 muscle cars, SUVs, and pickups imo we have nothing to complain about.

I read that the spike would only be maybe 5 cents

I was just kidding, because I know that if the government does that (which would be a good thing really for US) then they will start taking over other buisnesses (that would be a VERY bad thing for US) lol.

hotmustang331 said:

Government need to take emergency control over the big companys and fire the big shots...then drop the price to $35 a barrel due to the millions saved in salary and bonuses LOL. AND KEEP IT THERE F O R E V E R.

Click to expand...

even if that happened the oil co's would still make lots of money as it cost less then $20 to bring to market a barrell of oil. @ $15 currently

**** im already paying $3.40 a gallon..... how could it get worse.

this sounds nice. I guess people will be trading in their suvs for more fuel efficent cars.

Have not put gas in the stang since ma. about to have to fill it up with premium though.

**** it, I say we go pay all these oil company bigwigs a personal visit. Who's with me?

It's all about "comfort level" and what the oil tycoons "want" the price to be over time.

The oil companies will slowly jack prices up until people complain.. Past the "target" price they want. Then they will make a huge spike so that it's in the newspapers, etc..

After that they drop the price down to a lower level, but still higher than what it was. Then they slowly creep it up to their target and make it hover around that price.

Public opinion goes like so..
0) Sweet, $1.73...
1) Wow, gas it getting expensive.. $2.00/gal
2) Ok, this is getting even more expensive.. This sucks.. $2.75/gal
3) Holy ****, on the news gas hit $3.00/gal!! the gov't has to do something..
4) WTFBBQ!! $3.10/gal!!!!
5) Wow, cool gas is "only" $2.75/gal this is sweet..
6) Yeah, gas may be $2.95/gal, but at least it isn't $3.10 anymore!!


So, now the "base price" is around $2.95 for our area.. That's where they start at for the next hike..

Sad really.. $2.95 is the old $1.73..

Thanks!!
Riley