Dieseltech20 Posted May 5, 2011 Share Posted May 5, 2011 A new car is still not worth the payments and extra insurance premiums to me. I'll stay payment free and 25 a month. I pay less for gas per month than a new Kia costs, lol. The wife however loves to be in debt and pay 6 times the insurance. I know that lots of people don't care about the money, just the efficiency of a new gas sipper, and that is great. If I had the money I would have a newer car, maybe. I really don't like anything that is made today. As for gas prices, they are still the same as last week. A couple stores that like to gouge are slowly raising theirs though and that will make others follow. Greedway is the worst when it comes to this tactic. Quote Link to comment Share on other sites More sharing options...
flightoffear1996 Posted May 5, 2011 Share Posted May 5, 2011 I am with you I will take my old car over alot of these newer models that are coming out. Quote Link to comment Share on other sites More sharing options...
Dieseltech20 Posted May 6, 2011 Share Posted May 6, 2011 I drive full frame, v8, rear drive. New car options are non existent for me anyhow, lol. Quote Link to comment Share on other sites More sharing options...
TTD-120-420 Posted May 6, 2011 Share Posted May 6, 2011 I don't think the question is *if* it will reach $5 or $6 bucks a gallon, but when. Not even a miracle would bring gas prices back down to where we would be alright with it. The price will continue to rise until we find something else to use. There is no stopping it now. Quote Link to comment Share on other sites More sharing options...
KIfan73 Posted May 6, 2011 Share Posted May 6, 2011 Oil prices plunged 10 percent to below $100 a barrel in New York on Thursday — the biggest drop since the 2008 financial crash — after a government report shook market confidence by showing a big jump in layoffs last week.The collapse in oil prices couldn’t come at a better time for the economy and consumers — just as average gasoline prices were threatening to set records of more than $4 a gallon. The sudden drop is expected to ease pressure on pump prices in coming days. http://www.washingtontimes.com/news/2011/may/5/oil-price-drop-cuts-drivers-a-break/?utm_source=RSS_Feed&utm_medium=RSS Quote Link to comment Share on other sites More sharing options...
74Gibson Posted May 6, 2011 Share Posted May 6, 2011 A new car is still not worth the payments and extra insurance premiums to me. It is if you have to replace your car anyway When I bought my Prius I traveling for work and getting mileage reimbursement. I only made 2 or 3 payments for abt 14 months. Closest thing to stealing ever. I worked right under the CEO and he even thought it was great. Quote Link to comment Share on other sites More sharing options...
Dieseltech20 Posted May 6, 2011 Share Posted May 6, 2011 A new car is still not worth the payments and extra insurance premiums to me. It is if you have to replace your car anyway I understand that, hence the reason I said TO ME. I buy cheap and used, I just fix what needs fixing and drive on Quote Link to comment Share on other sites More sharing options...
74Gibson Posted May 6, 2011 Share Posted May 6, 2011 Yeah I figured and no offense intended obviously. It's not worth it to me either. ONce this car is paid of all our vehicles are and we won;t be buying for a long time... I hope! I used to have the same idea as you but, this Prius is working out great. 1 more year of payments left and I've had no problems with the car. BTW, brakes last forever on a hybrid! Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted May 7, 2011 Author Share Posted May 7, 2011 ...Joe Muscato, director of public relations at Knoebels Amusement Resort, cannot yet predict if the gas prices will have a heavy effect on vacationers, especially amusement park-goers.He said in some ways it may increase attendance a bit with people staying closer to home, particularly those interested in camping as a staycation. On the other hand, he said, Knoebels could see fewer visitors from New York, New Jersey and Maryland. "For those people who come here, they will undoubtedly be more cautious in their spending," Muscato said. "We may see lower spending on the other stuff such as games and at gift shops." He predicts that many people are going to just enjoy the rides then leave.... http://republicanher...tions-1.1143296 Quote Link to comment Share on other sites More sharing options...
thunderbeast1968 Posted May 7, 2011 Share Posted May 7, 2011 SOMEONE PLEASE EXPLAIN THIS TO ME!!! I SAW TWO NIGHTS AGO, THAT BARREL A OF OIL DROPPED BY $9.00 SO WHY AND THE HECK IS GASOLINE IS STILL SO HIGH? I SAW THE NEWS SEGMENT ON OUR EVENING NEWS. SORRY FOR THE CAPS LOCK, I AM ANGRY!!! WE ARE GETTING RIPPED OFF DAILY AND THERE IS NOT A DARN THING WE CAN DO. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted May 7, 2011 Author Share Posted May 7, 2011 Gasoline prices decline far more slowly than they rise. It is actually during periods of falling oil prices that gasoline retailers make most of their money. Sometimes, they can't even pass on price increases as quickly as they develop, so as wholesale prices fall, they keep the higher margins as long as they can. Oddly, it appears that places like Speedway set prices during rising periods, but it is the independents and off-brands that usually post the first price declines. Lastly, the higher priced oil is still in the refining chain/pipeline for a while, as well. Oil sold this week isn't refined the same day. Much of it is on ships coming to America even as this is written. Quote Link to comment Share on other sites More sharing options...
thunderbeast1968 Posted May 7, 2011 Share Posted May 7, 2011 Gasoline prices decline far more slowly than they rise. It is actually during periods of falling oil prices that gasoline retailers make most of their money. Sometimes, they can't even pass on price increases as quickly as they develop, so as prices fall, they keep the higher margins as long as they can. Oddly, it appears that places like Speedway set prices during rising periods, but it is the independents and off-brands that usually post the first price declines. What is the prices like in your city? I am located at the southern tip of Ohio (4.29 a gallon) What is your home city? Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted May 7, 2011 Author Share Posted May 7, 2011 I typically don't answer that question...and right now I don't even know the answer! Check your PM box...incoming! Quote Link to comment Share on other sites More sharing options...
thunderbeast1968 Posted May 7, 2011 Share Posted May 7, 2011 I typically don't answer that question...and right now I don't even know the answer! Check your PM box...incoming! Thanks, not a problem. Quote Link to comment Share on other sites More sharing options...
Avatar Posted May 7, 2011 Share Posted May 7, 2011 My job requires a lot of travel during and i will usually pass one particular gas station about four times through a typical day. This station is serviced by Thornton’s and it is well maintained they try to keep their prices in to the hi-low to medium low price range compared to other gas stations in the Indianapolis area. Well yesterday morning 5/6/11 they opened with $4.22 for a gallon of gas down from the evening before of $4.29. Shortly after the morning rush hour they lowered their price to $4.09 and on my way home during the evening rush hour they lowered the price again to $4.04. I have never seen this station lower their prices so many time in a single day. Down the road a mile or two there is a cut rate run down station which was now under $4. So seeing this first hand yesterday it looks like we will be seeing some lower prices form the outrages high prices they have gotten to. Also I tell my company drivers to only fill up for that days use when prices are going down as it may be cheaper the next day because for us $0.25 off equals $7.50 savings per tankful. Quote Link to comment Share on other sites More sharing options...
IndyGuy4KI Posted May 7, 2011 Share Posted May 7, 2011 Yesterday coming to and from Holiday World I saw gas prices from $3.91 to $4.21. Luckily I filled up the car in southern Indiana for $.3.99. (I did not see the $3.91 till after I filled up!) Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted May 7, 2011 Author Share Posted May 7, 2011 I still find it amusing and perplexing that even with these type prices, the silly 9/10 remains. point 9 indeed... http://www.slate.com/id/2125099/ Quote Link to comment Share on other sites More sharing options...
flightoffear1996 Posted May 7, 2011 Share Posted May 7, 2011 WHen I started driving back in 2003 I believe gas was $1.43 a gallon. Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted May 7, 2011 Author Share Posted May 7, 2011 For most of my youth, gasoline was around 31.9 cents a gallon. I well remember a North Carolina gas war when my dad filled up for a dime a gallon! Quote Link to comment Share on other sites More sharing options...
windshawne Posted May 7, 2011 Share Posted May 7, 2011 How long before some companies start looking at four ten hour work days verses the standard five eight hour days in an attempt to conserve fuel? A suggestion I made at my employer is now a serious discussion. Things are getting bad for all of us-the only one balking at the idea lives a mile from work, so its no problem for her. It all depends on the state of Ohio and whether overtime kicks in after 8 hours-if it does, won't be an option. Quote Link to comment Share on other sites More sharing options...
IndyGuy4KI Posted May 7, 2011 Share Posted May 7, 2011 How long before some companies start looking at four ten hour work days verses the standard five eight hour days in an attempt to conserve fuel? A suggestion I made at my employer is now a serious discussion. Things are getting bad for all of us-the only one balking at the idea lives a mile from work, so its no problem for her. It all depends on the state of Ohio and whether overtime kicks in after 8 hours-if it does, won't be an option. I am a year round employee for a school district, we are getting ready to have our third year of 4 day work weeks in the summer . It is not so much gas, but building cooling and lighting cost that get greatly reduced having everything off an extra day. Quote Link to comment Share on other sites More sharing options...
windshawne Posted February 7, 2012 Share Posted February 7, 2012 http://moneyland.time.com/2012/02/06/gas-price-hike-expect-4-a-gallon-or-perhaps-6-by-spring/?iid=pf-article-mostpop1 I don't know if this is the spin doctors getting out of control, or if its something we should realistically prepare for in the coming months. If it does come to pass, what will the overall effect be on local parks? Quote Link to comment Share on other sites More sharing options...
TombRaiderFTW Posted February 7, 2012 Share Posted February 7, 2012 Is it just me, or is every one of these "the gas prices are going to become unbearably high" predictions followed by gas prices remaining the same, or even falling? Quote Link to comment Share on other sites More sharing options...
The Interpreter Posted February 8, 2012 Author Share Posted February 8, 2012 People spend discretionary income at parks. If gasoline does hit $6 or more, which it easily could if there is a war with Iran, unlike many in the industry, I believe virtually all parks will have disastrous seasons. If the choices are groceries or parks, mortgage/rent or parks, clothes or parks, utilities or parks, the parks lose. Moderate increases may actually help regional parks, but drastic increases will severely affect the entire tourist industry. Quote Link to comment Share on other sites More sharing options...
windshawne Posted February 8, 2012 Share Posted February 8, 2012 That's what bothers me. This world is crazy enough to be this extreme. They don't think anything about raising it 50 cents with a phone call, I wouldn't put it past them-and the recovery would come to a complete stop. We're not out of the woods yet-and just a thought, I wonder what the impact was with the keystone deal and how it may have played into this? Even if you have a season pass, getting there is going to be too expensive. Quote Link to comment Share on other sites More sharing options...
jcgoble3 Posted February 8, 2012 Share Posted February 8, 2012 For me, the round trip to KI requires roughly 2.5 gallons of gas. That comes out of not the "local parks" section of my budget (which is for meals and purchases at the park), but the credit card portion of my budget. In the summer, visiting KI twice a month, I typically have to fill up twice a month for about 8–9 gallons each time. At $3.50/gallon, that's about $60/month in gas, which is within my $80/month allowance for credit card expenditures (I insist on being able to pay off the card in full every month whenever possible). If gas goes up to $6.50/gallon, I would then be looking at around $110/month in gas. Something would have to get cut, and unfortunately KI would be the likely victim. Quote Link to comment Share on other sites More sharing options...
HTCO Posted February 8, 2012 Share Posted February 8, 2012 This is a load of poop. Gas prices are mainly set by supply and demand. People will read this article and go out, and bye gas. If everyone does this the demand for gas will increase. Which will ultimately increase the price of gas. Basic economics. Also, the idea that "we have no oil left" is crazy. We have tons of oil left on this earth, the real factor is how cheap can we get said oil? The answer to that is obviously not as cheap as before. Want to keep the gas prices the same? Don't freak out, and don't go to the pump more often than we all already do. Just keep on doing what you do. Quote Link to comment Share on other sites More sharing options...
flightoffear1996 Posted February 8, 2012 Share Posted February 8, 2012 Wow get out from under a rock. Oil is a limited resource. Countries such as China are growing.very rapidly right now and putting pressurr on the oil supply and not to mention poltical unease in middle east. The united states has been depended on oil since the birth of the country but now it drives our economy. I drive a truck that gets 9.5 mpg if I am lucky and I wouldn't want to drive in a smaller car but 4-5 a gallon doesn't put pressure on my budget either. If there was an alternate fuel source that could put out.the power my engine does I'm all for.it. Solutions to high gas - legalize weed and online gambling. Tax them.and use the revenue to invest in a usable public transportion or subizide gas. The higher gas goes less money people have on other things by legalize weed you will generate billions in tax dollars and save billions wasted prosicuting for weed. 1 Quote Link to comment Share on other sites More sharing options...
kingsrattler Posted February 8, 2012 Share Posted February 8, 2012 Alright, this has turned into a political discussion.. we need to reverse the direction of this topic.. quickly. Quote Link to comment Share on other sites More sharing options...
Cody Posted February 8, 2012 Share Posted February 8, 2012 I don't think you can talk about oil and not get political. 2 Quote Link to comment Share on other sites More sharing options...
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