The Interpreter Posted May 17, 2008 Posted May 17, 2008 And if you think it is bad now, know that oil, so far, is still sold for dollars on the world market. There are those who want the sales to switch to the Euro or some other currency. If/when that happens, dollar weaknesses will be even more magnified than currently....put another way, there is a substantial chance you ain't seen nothin' yet! Quote
Gordon Bombay Posted May 17, 2008 Posted May 17, 2008 This is the last time I am going to remind everyone... NO POLITICS on these boards. It is against the terms o service and there are plenty of other sites to talk about such things. Any further deviation and this topic will be closed. Quote
Browntggrr Posted May 17, 2008 Posted May 17, 2008 ^ What do you expect? It's a good discussion. One that not only effects all of us, but KI. Political bashing back and forth is one thing, bringing up points in a race that will effect us all is another. Quote
Gordon Bombay Posted May 17, 2008 Posted May 17, 2008 Ragrdless, politics is not welcome on these forums, plenty of other places to discuss politics on the internet. ANy further deviation will result in the closure of this topic. Quote
The Interpreter Posted May 17, 2008 Posted May 17, 2008 And in Connecticut and Alaska, the average price for regular self serve is now over four dollars..... Quote
WooferBearATL Posted May 17, 2008 Posted May 17, 2008 And in Connecticut and Alaska, the average price for regular self serve is now over four dollars..... Be careful with that kind of statement. People in Connecticut and Alaska Vote. If they are Voting they are likely voting for not only issues but political candidates. If they are Voting for political candidates those statements could be construed as political. If it is political the topic will be closed. Quote
Da Wolverine Posted May 17, 2008 Posted May 17, 2008 Well all I can say is all gas is costing is an about extra $80 a month. For most this won't bankrupt (sorry about spelling) them. Also lots of worksites are making linger shifts to combat this rise in prices. Also we should tap the oil in the Rockies.... Quote
The Interpreter Posted May 17, 2008 Posted May 17, 2008 $7 or more? http://www.chicagotribune.com/news/nationw...0,6879387.story Quote
Guest kwindshawne Posted May 18, 2008 Posted May 18, 2008 $7 or more? http://www.chicagotribune.com/news/nationw...0,6879387.story Oh my God-I am not going to complain any longer about gas prices around here-check this out.... http://www.whiotv.com/automotive/16315176/detail.html I am going there in July, and can't imagine what that costs. My sister drives from Wasilla to Anchorage and everyone there drives suv's due to the rough conditions. I am going against my original plans and going to spend a small portion of my stimulus check for a starter digital camera. I will be traveling there in July for a fishing trip and a trip report may be coming On another side note, even though their prices are higher, you have to remember residents of Alaska share in the pipeline profits, and this year was a record. If not for the cold weather, and lack of coasters, I would consider relocating there. Quote
Phantom Theater Posted May 18, 2008 Posted May 18, 2008 Here in fairfield Township/Fairfield it $3.79,no wonder my mom doesnt want to go to KI.(Around 1 hr drive,with a gas guzzler!) Quote
WooferBearATL Posted May 18, 2008 Posted May 18, 2008 Here in fairfield Township/Fairfield it $3.79,no wonder my mom doesnt want to go to KI.(Around 1 hr drive,with a gas guzzler!) Give her Mr. K's phone number. She's obviously not realized that high gas prices will be of benefit for the parks Quote
KIBeast Posted May 19, 2008 Posted May 19, 2008 Ragrdless, politics is not welcome on these forums, plenty of other places to discuss politics on the internet. ANy further deviation will result in the closure of this topic. Sorry about that, Gordon. I won't make any more political comments. If gas goes to $7.00, I could see a whole lot of people looking for second or third incomes. Quote
Gordon Bombay Posted May 19, 2008 Posted May 19, 2008 Here in fairfield Township/Fairfield it $3.79,no wonder my mom doesnt want to go to KI.(Around 1 hr drive,with a gas guzzler!) 1 hour drive from Fairfield Township? Where in Fairfield Township do you live? Just hop on the Mike Fox Highway... Quote
tycoonrebel7188 Posted May 19, 2008 Posted May 19, 2008 ^Gordon I think he may be refering to the round trip. Although i dont know for sure, I dont live in Fairfield Township. I know it takes me 40 minutes to drive to KI from Harrison, OH, but I drive the highway all the way. Quote
Gordon Bombay Posted May 19, 2008 Posted May 19, 2008 ^And with how awesome I-275 has been for both you and I lately... Quote
tycoonrebel7188 Posted May 19, 2008 Posted May 19, 2008 ^O yeah. They couldn't work any slower on that section of 275. But I haven't hit any really bad traffic driving that stretch so far this year. Quote
Steve Posted May 19, 2008 Posted May 19, 2008 KI Beast said: "If gas goes to $7.00, I could see a whole lot of people looking for second or third incomes." I think actually, by that time the hydrogen car will be somewhat available and the next marketing phenomenon. Or, people will combat it by selling gas-guzzlers, and reverting to bicycling, or riding little motor scooters or motorcycles. I wouldn't get additional jobs for gas prices, that's just giving it! Quote
KIBeast Posted May 20, 2008 Posted May 20, 2008 Seems the House of Representatives is trying to pass legislation to sue OPEC over price and limiting supply. Article here. Quote
The Interpreter Posted May 20, 2008 Posted May 20, 2008 Yeah, that will work....like they HAVE to sell us ANY oil. China and India will be glad to buy it...and we can then do without...or with as much as we can produce domestically and buy from non-OPEC sources. US Law does not apply in the MidEast. Funny how that works. Quote
KIBeast Posted May 21, 2008 Posted May 21, 2008 Oh yeah...I thought it was absolutely hilarious. As if our laws apply over there. Quote
fryler87 Posted May 23, 2008 Posted May 23, 2008 People also don't know about the whole betting system that exists...Investors make bets on the market or commodities as to what they'll do. It's a fairly common practice. A lot of investors made a lot of bad bets with oil and have to recover their losses somehow...unfortunately it's at the people's expense. Pretty sickening. I would be surprised to see gas go much higher than $5 per gallon for a good while. This summer is going to suck, but people are cutting back which will begin to slightly soften the blow of price surging. Remember...SUPPLY AND DEMAND: IT'S WHAT DRIVES THE MARKET!!! Quote
The Interpreter Posted May 23, 2008 Posted May 23, 2008 Indeed, but the oil consuming world is now a lot bigger than just the USA. Increased demand from China, India and the rest of the world is much of what is driving this price rise, along with the weakness of the US Dollar. Quote
CoastersRZ Posted May 23, 2008 Posted May 23, 2008 Actually, the local news said that some analysts are predicting gas prices could hit $5 or $6 a gallon, THIS summer, if we have a bad hurricane season! I know the pain, it cost me $71 to fill up yesterday!! Quote
The Interpreter Posted May 23, 2008 Posted May 23, 2008 Hurricanes in the Atlantic? Hmmm. See: http://ap.google.com/article/ALeqM5iuGuYiO..._imDAwD90QQRN80 Quote
WooferBearATL Posted May 23, 2008 Posted May 23, 2008 Yeah, that will work....like they HAVE to sell us ANY oil. China and India will be glad to buy it...and we can then do without...or with as much as we can produce domestically and buy from non-OPEC sources. US Law does not apply in the MidEast. Funny how that works. What they can not do without is the protections that the US military afford. I'm not certain that the Saudi's would be too excited about utilizing China's military for protection. As far as OPEC, as I understand it we only receive about 15% of our fuel oil from the middle east. Soooooo, best be looking towards our sources in Mexico, Central and South America as a good chunk comes from there. Quote
KIBeast Posted May 23, 2008 Posted May 23, 2008 Hurricanes in the Atlantic? Hmmm. See: http://ap.google.com/article/ALeqM5iuGuYiO..._imDAwD90QQRN80 Well, you can bet that prices will raise in anticipation of a hurricane. The don't actually care whether one hits or not, just so long as it threatens. Quote
MarketingExpress Posted May 23, 2008 Posted May 23, 2008 ^O yeah. They couldn't work any slower on that section of 275. But I haven't hit any really bad traffic driving that stretch so far this year. Gotta love the express lane...when it's open Quote
Guest kwindshawne Posted May 23, 2008 Posted May 23, 2008 I was talking to a driver in the company I work for, and he said he was not taking a trip with his family this year-I got to thinking-I wonder how many other families will stay home this year? The only good thing to come out of this would be families would spend more time together instead of running off to do their own things. Quote
Lake54321 Posted May 23, 2008 Author Posted May 23, 2008 I was talking to a driver in the company I work for, and he said he was not taking a trip with his family this year-I got to thinking-I wonder how many other families will stay home this year? The only good thing to come out of this would be families would spend more time together instead of running off to do their own things. I have also heard this from a few people. I think Cedar Fair will do ok, but I don't think it will be as great as Mr. Kinzel thinks it will be! Places like Walt Disney World will be hit VERY hard by these high gas prices. People usually drive there because they couldn't afford to FLY the whole family to WDW, now they can't afford to drive them there either! Quote
WooferBearATL Posted May 23, 2008 Posted May 23, 2008 I was talking to a driver in the company I work for, and he said he was not taking a trip with his family this year-I got to thinking-I wonder how many other families will stay home this year? The only good thing to come out of this would be families would spend more time together instead of running off to do their own things. I have also heard this from a few people. I think Cedar Fair will do ok, but I don't think it will be as great as Mr. Kinzel thinks it will be! Places like Walt Disney World will be hit VERY hard by these high gas prices. People usually drive there because they couldn't afford to FLY the whole family to WDW, now they can't afford to drive them there either! I'm thinking that Disney and Universal will be hit far less than CF and SF Parks. (CP Included) Disney has shown over the years a certain immunity to such economic downturns. Quote
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