$4/gal gas by spring?

klodhopper · 12-27-2007, 05:08 PM

possibly....

http://www.sun-sentinel.com/sfl-1227gas,0,5911310.story

Godiva · 12-27-2007, 05:14 PM

Right on schedule.

malorn · 12-27-2007, 05:40 PM

If the economy continues to go south, we will have $2.50 gasoline by April.

hycamguy07 · 12-28-2007, 09:25 AM

I heard 3.75 by April.

daniel · 12-28-2007, 10:24 AM

Quote:

Originally Posted by malorn

If the economy continues to go south, we will have $2.50 gasoline by April.

Is that the official line from General Motors? "Buy your gas guzzlers now because by spring the price will be down!" ??? Thanks Malorn. It's good to know what new propaganda GM is putting out.

amped · 12-31-2007, 02:08 AM

Weren't we supposed to have $5/gal. gas by October 2004?

Nobody knows when supply is monopoly controlled. The experts like making the news to promote themselves and count on short attention spans.

My forecast? My '09 Camry Hybrid arrives next month.

patsparks · 12-31-2007, 02:21 AM

I'm looking forward to the price dropping to $4.00 per gallon here. We pay about $5.00AU per US gallon and I believe that is cheap compared to Europe.

malorn · 12-31-2007, 08:15 AM

Quote:

Originally Posted by daniel

Is that the official line from General Motors? "Buy your gas guzzlers now because by spring the price will be down!" ??? Thanks Malorn. It's good to know what new propaganda GM is putting out.

No, just supply and demand. If the economy continues to tailspin and demand falls, what do you think will happen? $4.00?

patsparks · 12-31-2007, 09:44 AM

Quote:

Originally Posted by malorn

No, just supply and demand. If the economy continues to tailspin and demand falls, what do you think will happen? $4.00?

And as supply falters and dives? What then? $2.50?

**TonyPSchaefer** · 12-31-2007, 10:50 AM

Quote:

Originally Posted by malorn

No, just supply and demand. If the economy continues to tailspin and demand falls, what do you think will happen? $4.00?

In order for demand to fall, fewer people would need to be driving. Would that mean fewer people would be going to work? Is that because all the companies have closed or because they are working from home or perhaps they are all carpooling? Is it because the government will begin issuing electric vehicles or because teleportation will be invented in January?

Your reasoning follows the most elemental concept of supply/demand as laid forth on the first day of a high school Introduction to Economics class but you fail to cite any reasons to cause you to draw those conclusions and fail to paint the futurescope perspective of what that world would look like.

Please indulge us.

12-27-2007, 05:08 PM	#1
klodhopper Senior Member Join Date: Nov 2007 Posts: 193 My Car: 2002 Prius Package: Base Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	$4/gal gas by spring? possibly.... http://www.sun-sentinel.com/sfl-1227gas,0,5911310.story

12-27-2007, 05:14 PM	#2
Godiva AmeriKan Citizen Join Date: Apr 2005 Location: San Diego, CA Posts: 9,046 My Car: 2005 Prius Package: #1 Nominated 3 Times in 2 Posts TOTM Awards: 0 Friends: 5	Re: $4/gal gas by spring? Right on schedule.

12-27-2007, 05:40 PM	#3
malorn Senior Member Join Date: Oct 2005 Location: "Somewhere in Flyover Country" Posts: 2,184 My Car: Other Non-Hybrid Package: N/A Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Re: $4/gal gas by spring? If the economy continues to go south, we will have $2.50 gasoline by April.

12-28-2007, 09:25 AM	#4
hycamguy07 Senior Member Join Date: Feb 2006 Location: Central Florida Posts: 2,707 My Car: 2007 Prius Package: N/A Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Re: $4/gal gas by spring? I heard 3.75 by April.

12-31-2007, 02:08 AM	#6
amped Senior Member Join Date: Apr 2004 Location: Da Gorge OR Posts: 1,088 My Car: Other Hybrid Package: N/A Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	Re: $4/gal gas by spring? Weren't we supposed to have $5/gal. gas by October 2004? Nobody knows when supply is monopoly controlled. The experts like making the news to promote themselves and count on short attention spans. My forecast? My '09 Camry Hybrid arrives next month.

12-31-2007, 02:21 AM	#7
patsparks Uneducated bird-brain Aussie Join Date: Jul 2007 Location: Adelaide South Australia Posts: 4,438 My Car: 2004 Prius Package: Base Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 12	Re: $4/gal gas by spring? I'm looking forward to the price dropping to $4.00 per gallon here. We pay about $5.00AU per US gallon and I believe that is cheap compared to Europe. Last edited by patsparks; 12-31-2007 at 02:25 AM. Reason: price correction