Will gas prices go down once the war is over?
 

Do you think the gas prices will finally go back to under 2 dollars or less after the war in Iraq is over?

I'm not sure honestly, but I'd REALLY like them too, since gas is taking more money out of my check then the court. :mad:

I'm going to say no.

The answer you want is much more complicated than a yes or no answer. The cost of energy for one, is going up, therefourth the cost of gas, from crude oil and the refiniries are obviously going to cost more.

Inflation is happing right now. The United states goes through periods of which it will inflate and deflate, the price of everything will basically go up during inflation, while deflation will be the exact opposite, saying the price of the war having an effect on inflation is debateable, I am unsure of that fact.

The are only a few select things that will make our prices go down.

- OPEC decides to un-gouge us and release the stranglehold they have on our profits.
- We get rid of our OIL-embargo. We have a law in effect that doesn't allow us to drill our own oil, we have to have it imported.
-More refiniries. Under President Bush we've failed to really get any energy independance up and running, it has been the most undercut program the government has promised to date, and now we're paying the price for it.

What's the purpose of not being able to drill our own oil? That seems like a stupid law to me...

It's an embargo, an international law that protects us from Monopoling all of the oil for ourselves and cutting out supplies from everywhere else, atleast from what I've heard.

I don't think so. Since the government is taking all the oil from IRAQ and AFGHANISTAN atm, gas prices shouldn've went down. So if they're still expensive while we're taking the oil imagine how they will be when we don't have any other oil to take. I don't acctually know what the fuck I'm talking about right now. But I'm hungry.

Brb.

You really don't have any idea what you're talking about.

If we were taking all the oil, the prices would be way lower.

Nig

all im sayin

is lets wait til bush is out of office

even fuckin rappers talk shit on him. if we took a poll of the whole US, every state that is, majority would say Bush is not doing ANY good for us in office.


i hate him.





wait, brb, theres some feds knocking on my door, apparently i'm being arrested now for some shit that i said about bush online.

/end funnies

Rappers talk shit about everyone.

Can someone please resurrect Regan so we can make him permanent president?

I vote Abraham Lincoln.

Where do you get your facts? Ive been to Iraq, and never once did I see us taking oil.

Behind the scenes we do have oil contracters over there as well as independant companies that are running on AMERICAN contracts assigned by the government, it's disenheartening that we are assiging our own teams over there, but all of that oil is being exported to places like Canada and such and we aren't ever going to see a dime of it. :(

OIL is at an all time HIGH for profit, there has never been any other product/company that has experienced higher profit in the history of this world and society we live in, it's disgusting that people who are struggling to make way are getting ripped off by these corporations like Haliburton that use tax money to go overseas and claim as much oil as possible.

What does he have to do with anything? Reagan was one of the shittiest presidents in the history of our country, he's just another Mini-Bush I could go on and on and on and on about the problems that arose from his administration but that would take up too much time and honestly just be pointless and besides the point.

No, mainly because if I was part of OPEC making that much money, I wouldn't care how much Americans spent on gas. They get it damn cheap anyways.

:rolleyes:

http://news.bbc.co.uk/2/hi/americas/4631421.stm


Apparently next to no one agrees with you.

One of the greatest presidents of all time and one of the greatest people of all time.

He and Pope John Paul II took down more communism than anyone in history.

"Took down communism?" Can you really say that?

I didn't say they really put an end to it. But they made a bigger dent than anyone else.

.. Correct yourself, most hardcore conservative uneducated republicans won't agree with me.

http://query.nytimes.com/gst/fullpag...52C1A961948260

And communism isn't is/wasn't even that bad when you break it down to policies.... Though, MOST nations wouldn't last very long like that, look at China they're depleting somewhat with their communism.

But back on Topic, the National average is back to $3.00/gallon

http://gasbuddy.com/

Damn in half a year the national gas price average has almost gone up a whole dollar, WTF.

in puertorico its' 98.7 cents the litter-_-
dude do you know what it's like paying 1 buck for each litter of gas?!
psh 10 years ago 40$ was enough to fill half tank, now i need over 70$ to fill up half the tank, oh and let's not becarefull that's its' regular, premium will waste me for sure O_o

In that case:
I vote Andrew Jackson.


Sure he was racist but his presidency was the only time our country was not in debt.

Shit, 10 years ago all I would need to fill up my tank was $12.

scratch that, 1.05.7 the litter now >_>

Gas prices aren't going to go down noticabley if any after the war. Between China/India's growing middle class, maturing oil fields, and increasing domestic consumption, we're just using more of the shit with less of it available. We have to go super efficient and/or find an alternative fuel source in the near future or we're fucked. Coal liquification looks like a good alternative in the short-term. It's bad, pollution wise, but it's not as bad as our economy derailing due to skyrocketing energy prices.

no because world wide demand is to high

Maybe if we globally boycott the oil companies, gas prices will go down:D

That will never happen Wallow, Everyone uses gas in some way. Besides, most of the oil factories are only Operating at 86%. The government is making a fortune off this shit.

Nah, that never works. We couldn't be organized enough, the only thing that will make the cost go down is the consumption. Supply and demand is a bitch, man. I heard on the news yesterday that Holiday driving was down like 6 billion miles or something this past month, which is awesome. The less gas and oil we consume the less they're going to charge for it, it's always been that way. And they are NOT going to help us out with George Bush in the white house, the whole organization of OPEC hates him.

How do you propose that we boycott the oil companies? Everything we use on a day-to-day basis is shipped using petroleum. You can buy/eat locally grown produce, but even then it's been transported with petroleum, although less of it.

There are two ways to reduce price. Lowering demand or increasing supply. Increasing supply by opening Anwar (sp?) and exploring other fields (maybe antarctica, etc.) can reduce costs. There's also developing alternative fuel sources which will also reduce the demand for petroleum. Probably the dirtiest, yet most abundant source of fuel we have is coal. We can turn it into petroleum, but dealing with coal (especially the high sulfur kind of my area) is dirty business for the environment. However, we may not have much choice.

I say we just lift the embargo we placed on ourselves back in the 70's and import and refine our own oil.

Let's drill Alaska!

Even if we drill Alaska, that'll just be putting a bandaid on the fucking hoover dam. We need to switch to a more efficient means of transportation and an alternative fuel source. We could start with revamping the transportation grids of the U.S. The pattern of stop lights being helped a bit with new technology would help save (probably) a comparable amount of fuel to opening up anwar.

I'm all for any alternative fuel sources, because you've got to figure in the long run do we always want to be dependant on foreign oil? Hell noes.

Gas prices are going up because of the falling value of the dollar, not a lack of supply.

Among other things, yes. I guess if you look at it in that reguard, our value of the dollar may go up, eventually after the war is over but it will probably be a long time to get back up to where we were since we are in such a horrible debt.

I respectfully disagree. I understand you're an econ major and everything, but blaming it on one variable is too simplistic. The falling dollar, increased demand, supply disruptions due to civil unrest, and maturing oil fields are all big issues. Of course the falling dollar might possibly be the largest culprit, but there are more things than just that.

god gave you feet why don't you all use it.

Yeah I know it's a multitude of issues; I just thought I'd point out a big one one that is often overlooked. I think the real issue with supply isn't that supply is actually running out (though it is technically) but that projected increases in demand (outside the US) are causing oil futures to skyrocket.

EDIT: Oh and I'm not trying to pretend I'm some sort of expert because I plan on majoring in econ; I definitely haven't learned enough yet to invoke myself as a credible source. I have done some reading on the subject, though, and hopefully am not misinformed.

I thought the biggest issue was not that it wasn't getting pumped efficently, but not being refined up to where it should be.

Osmoses, your people are driving ferraris and living in mansions because we aren't using our feet :p. Well, the upper class ;).