Oil Prices Going Throught the ROOF! And nobody seems to care...

[dhaab]

Gas went up 25 cents a gallon in the Chicago area yesterday!
It's now around $3.45 per gallon in the burbs and over $4 in the city.
It looks like it's going to go even higher during the summer months.

Does anyone even care about this!?

http://www.breitbart.com/article.php?id=080312171303.s11bkdx8&show_article=1%22

[Greenmachine]

Doesn't seem that way either. The average gas price in Detroit is around $3.30. I am getting very worried that the winter lull never happened and the Summer is going to hit hard. Other than buying a hybrid, I see no other alternative than to just take it. Here in the Motor city where there is no concept of public transportation, I am stuck to drive my car.

[Razzy]

Gas was about 95 cents a gallon back in 1999.

What happened?

[jack jones]

China happened.

Crude is at or around an all time inflation adjusted high.

[blue zone]

China happened.

Crude is at or around an all time inflation adjusted high.

...and India...and Iraq....and Venezuala is run by a cartoon character, etc.

[blue zone]

Plus, oil was seriously undervalued on the market for quite some time.

[Razzy]

No wonder you dont see kids driving around like you used to.

[sportschick]

Yeah, I care. I have a million other things I'd rather spend my money on. However, I can't quit my job. I can't sell my house because I have zero desire to live anywhere near some of the gang-bangers I work with, so other than lay out a shit-ton of money for a new hybrid car, not much I can do.

[ElviswasaBluesFan]

I care big time. In fact, I said before the primaries, tell me who the candidate is who will work to lower the price of oil and I would vote for them. I don't think it's even feasible. The oil companies know they have us by the balls.

I have a mid size car and a minivan, both paid for. I can't really take on a new car payment right now and mass transit is not an option.

So, bend over and take it like a man. No lube either.

It seriously pisses me of every time I fill up.

[Greenmachine]

I think the oil companies are seriously look to short term on this issue. They are making more money then they know what to do with. If they took a lower margin on the gas they could foster the Auto industry to keep building gas sucking SUV's. It was a win win for both companies, but now it has pushed both the government and the Car companies to make gas obsolete.

[hansolo]

Dhaab as usual is hyperventilating about "nobody seems to care" mantra.

Fuck off - I do care and it's impacting me and my wife in the wallet.

We are trying to find ways to deal with it best as we can.

But venting on a forum is not going to make a difference.

You and your hysterics jeez.

[Iowa_Card]

I'm pissed, but what can i do about it?

The technology is not feasible enough at this point to justify taking on a loan for a new hybrid car.

I'm not as concerned about how much I pay for gas because I can always porportion my gas usage/purchases as I need.

What concerns me is the price of other goods that I need. Luxury items will be the first things to get the axe because people have to pay more for goods. Then it'll be the higher quality foods that get the axe. At some point people will break down and stop paying on those bills because they need to eat and buy gas.

Right now Wal-Mart is loving the high gas prices. However, at some point, Wal-Mart's prices will increase because they're being hit by the high gas prices as well.

All you need to do is look at Southwest Airlines as an example. They had the lowest fares in the business because they bought fuel on a fixed-price contract. When that ran out the fuel companies raised their prices to recoup the lost revenue from the expired contract. What happened? Southwest raised their airfare.

[Bleacher Creature]

I definately care. I've cut back on alot of side errands. I care alt, but there's nothing I can do to bring down the prices.

[cardinalgirl]

I quit buying gas on Sundays. I got the idea from an email and boy it's just been great.

[ElviswasaBluesFan]

While we're at it, can we bitch about the price of staples like milk and eggs going through thr roof too? Milk is now $4 a gallon and a dozen eggs seem like they're 3 times as high as they used to be.

It's not just gas, although that's the major one. It seems like the prices of everything has increased.