Future Predicted Gas Prices - Page 12 - Fuelly Forums

Click here to see important news regarding the aCar App

Thread Tools Display Modes
Old 10-12-2008, 01:24 PM   #111
Registered Member
theholycow's Avatar
Join Date: Apr 2008
Posts: 6,624
Country: United States
Send a message via ICQ to theholycow Send a message via AIM to theholycow Send a message via MSN to theholycow Send a message via Yahoo to theholycow
Originally Posted by Jay2TheRescue View Post
If a bank knew they would have to hold a note for at least 5 years they'd be a little more careful as to who they loan money to.

This sig may return, some day.
theholycow is offline   Reply With Quote
Old 10-12-2008, 06:26 PM   #112
Registered Member
Join Date: Jul 2008
Posts: 119
Country: United States
Good point.

KU40 is offline   Reply With Quote
Old 10-12-2008, 08:03 PM   #113
Registered Member
Snax's Avatar
Join Date: Mar 2007
Posts: 758
Country: United States
Agreed. And as far as the bailout is concerned, both parties get an epic fail rating in my opinion, but it never should have come to that to begin with.

I think, therefore I doubt.
Snax is offline   Reply With Quote
Old 10-14-2008, 02:31 AM   #114
Registered Member
Kuripot's Avatar
Join Date: May 2008
Posts: 52
Country: United States
Local price for regular = $2.82/ US Gal.
2008 Hyundai Accent Manual Trans.
Kuripot is offline   Reply With Quote
Old 10-14-2008, 04:59 AM   #115
Registered Member
Join Date: Nov 2007
Posts: 1,111
Country: United States
Send a message via AIM to dkjones96
Lowest I've seen is $2.76 here. My mom says she pumped gas at $2.53 back home.
- Kyle
dkjones96 is offline   Reply With Quote
Old 10-14-2008, 05:59 AM   #116
Registered Member
Greyg's Avatar
Join Date: Jul 2008
Posts: 77
Country: United States
$3.09 in beautiful Merrill Wisconsin this morning.

Greyg is offline   Reply With Quote
Old 10-14-2008, 09:33 AM   #117
Registered Member
Join Date: Apr 2008
Posts: 689
Country: United States
Originally Posted by theholycow View Post
While FE car sales may not matter, I bet FE cars (including those old ones) are getting utilized for far more of the miles driven.
I think you're right since gas hit $3.50-$4.00 a gallon I've saw more older (80's-90's) FE cars on the road in my area. I think some people just had them parked and have put them back on the road to save money on gas.
#47 on my way to #1
Ford Man is offline   Reply With Quote
Old 10-14-2008, 10:08 AM   #118
Registered Member
Join Date: Mar 2007
Posts: 125
Country: United States
Originally Posted by Jay2TheRescue View Post
I never said it was lending to minorities. It doesn't matter where someone's family came from, or the color of their skin. If they don't have enough income to make the payments once the interest rate and payments jacked up, they should have never qualified for those loans.
I find it interesting that you hold the home owners innocent, and suggest that they're "uneducated".

The fact is, most of these sub-prime buyers went in knowing exactly what they were getting into. It is so human nature to blame someone else once trouble appears.

I really think it unwise to "victimize" most of the subprime idiots that went for those type of loans...sure the loan brokers are often crooked, but lets not place 100% of the blame on them. It's an insult to the millions that were careful enough NOT to take the bate of low ball adjustable loans....
MorningGaser is offline   Reply With Quote
Old 10-15-2008, 12:37 PM   #119
Registered Member
Join Date: Oct 2007
Posts: 211
Country: United States
My Hat in the Ring.

4 dollar gas was our breaking point, some thought it would be closer to 5, but after 4 America started driving less, it still hasn't returned to what it was. Gas in Baltimore finally broke at $2.99, I have 3/4 of a tank left and I wanted to fill up like gas was free. I can say that since I drive for a iving, at my most busiest time, I paid the most, but also completely reinvented my business driving strategy to only leave the house when I have a full list of clients to visit. Trips to Philladelphia are planed much more cautiously than before. I managed to trim over 100 dollars a month off my expenses by just planning my commutes. My choice of cars has also changed, I'm shopping for a Prius now, the cost of the car payment would be less than the gas I pay for a car that get's 18 city versus 52 city. I don't go to the grocery store unless Im passing by or planning to buy a number of items and with that I include gas, food, and shopping.

As far as big company's go, some trucks and SUV's havent sold a single unit in over 4 months, i.e. Nissan and Toyota. Were looking at GM-Dodge-Chrysler a new merged company and Hummer and Viper are being sold off. All of the manufacturers were so geared for SUV's, they can't get us new economy cars until 2010.

I used to work for 3 loan companies in 05 and 06, we had thousands of leads and many applications filled out, but when it came down to it, no one qualified. One of the companies I worked for literally locked the doors one morning. Now the aftermath to this is some company took the risk, I remember all the true qualified customers were farmed out, getting a loan approved took months.

I bought my house in 07 and after 4 months of paperwork, we were approved. Right after that in July of 07, my credit rating was no longer of a high enough number to be approved for getting a loan. I had perfect credit, so after July of 07, I don't think anyone could get a loan and if no one is getting loans, banks are not making money, hense launching us into this current mess.

The simple price of gas is a major influence in the American life and with the latest stock market plunge, America effects the rest of the world too. But don't worry, enjoy the party now and pack up the family and take one last drive, reguardless of the stock market, someone out there is buying a little more gas, because now OPEC is cutting production to drive our price up again.

Osama Binladen wanted oil to go to 100 dollars a barrell, it peaked at 140+ and is now below 100, it will spring back. This is not to say Binladen is solely to blame, but I think is a reflection of the opinion of the Middle East's desire for profit. Also don't forget, the American dollar was at an all time low, that's what drove the barrell price over 100.

Now diffuse the future into gas prices, China is on the rise to equall our consumption of goods and oil in less than 10 years. Russia is strangly rattling their sabre's, they have a differnt problem from China, Russia has few exports. Russia does export oil and alcohol, but what else? Do we have any cars from Russia? Are our plastic toys, a pair of shoes, a pair of jeans, or any kind of food coming out of Russia, no.

The future will have a reduction in available oil, now in the less than 10 years we have left, we have to take the internal combustion engine to it's most efficient, make hybrid everything, get houses off heating oil and get them into natural gas, insulate, etc.

Just to give you another jolt, the world has a 20 year supply of lead and tin left. Time to develpoe better batteries and figure out how to put computers together without solder.

Doom and gloom, hell no, adaptation, preparation for change, chance favors the prepared. So enjoy sub 3 dollar gas while it lasts. I don't want to upset anyone, I try to look hard into the future and calculate the best I can on the way the world will change.
GasSavers_Scott is offline   Reply With Quote
Old 10-19-2008, 04:31 PM   #120
Registered Member
bowtieguy's Avatar
Join Date: Oct 2008
Posts: 1,873
Country: United States
Location: orlando, florida
would anyone care to speculate as to where gas will bottom out? will it get down to $2/gal? less?

bowtieguy is offline   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
change? lilspoon Fuelly Web Support and Community News 1 02-16-2012 11:13 PM
Hydrogen or H2O Systems 1Jal1 General Fuel Topics 4 10-11-2008 01:20 AM
Why did it take me so long to find this place? Baranfin Introduce Yourself - New member Welcome 6 05-31-2008 04:17 PM
Improving aerodynamics (of '87 Nissan Bluebird) landspeed Aerodynamics 19 12-18-2006 06:00 AM

Powered by vBadvanced CMPS v3.2.3

All times are GMT -8. The time now is 04:30 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.