Gas Prices

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Old Feb 24, 2004 | 08:29 AM
  #31  
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Originally posted by AzN121184
uhm, i believe gas has been decreased by 10% therefore in a economical point of view, price goes up due to demand, and inelasticity and all that crap that is taught in econ....but it all sums up how the prices went up 10% due to the 10% decrease in amt.
Old Feb 24, 2004 | 08:38 AM
  #32  
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Originally posted by AzN121184
uhm, i believe gas has been decreased by 10% therefore in a economical point of view, price goes up due to demand, and inelasticity and all that crap that is taught in econ....but it all sums up how the prices went up 10% due to the 10% decrease in amt.
I believe what you're trying to say is that the aggregate supply of oil has decrease by 2 % and since the elasticity of gasoline has been shown to be around 0.2 in the short run, price of gasoline should increase 10%. I'm w/ AzN121184 on his explanation of why gas prices are so high. If production is cut or demand increases by just 2 percent, you'll see a big jump in gas prices just because gasoline is an inelastic good.

-Soren
Old Feb 24, 2004 | 08:53 AM
  #33  
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The main oil pipeline in Iraq is still burning... The war is about oil, we just don't have access to it yet.
Old Feb 24, 2004 | 09:23 AM
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I love all these "fact" statements with no support.....
Old Feb 24, 2004 | 09:31 AM
  #35  
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I freaked out when I got back from UT this weekend and noticed that super was up to like $2.30/gal at my local ChevRam! In UT I noticed it was only about $1.60 for reg. and about $1.80 for super.

Old Feb 24, 2004 | 10:42 AM
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yep, i just paid close to $2.30 for 91 yesterday... yet i was in alabama last week and could get 93 for $1.88. go figure.
Old Feb 24, 2004 | 01:44 PM
  #37  
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Originally posted by WRXnifect
I'm not sure what you mean by "success" by the Japanese, I don't see too many Honda Insights or Toyota Prius' on the road, and you still have the battery technology issue with those two. I'm not trying to knock your point, I just wish the technology was there to support an alternative fuel source.
Well, I see 3-5 prius' on the road every day and the reason we don't see more is because Toyota underestimated demand... there's a 4-6 month waiting list for the new models.

As for new technologies, I agree with your point... it will take time and money to develop fuel cells, etc... that's why we need to start now.
Old Feb 24, 2004 | 02:02 PM
  #38  
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Originally posted by OneManArmy
You really think that raising the cost to $6 a gallon is going to expidite the process for natural or more environment friendly fuels? You must believe in the posibility of a utopian society as well.

But even going past all this. The american public has been raised on having cars at our disposal. Since Ford....a car in every garage 100 years ago. Not only that, throughout the history of the automobile we have had an interest in going faster. More power. Luckily with the push of global need and foreign car makers we have also included environment friendly into the equation.

So show me an electric car that can do the quarter mile in 13 seconds or drive from Los Angeles to Seattle in one trip and I'll show you a larger market. Right now electric cars can't drive long enough trips and don't offer enough flexibility. You think an electronic SUV would go 70mph for 450miles? Then fill up and do it all over again..hell no. have to sit there over night and do it the next day and you could only do half that distance.

But for someone like me that makes trips to the snow...easily will drive several hundred miles in any given weekend it's just not gonna happen. Maybe not for 20 years...maybe not in this life time.
I don't disagree with you OMA... I drive 60miles each way to work every day because they're aren't any good OPTIONS. If Caltrain would get rid of their diesel engines and electrify the tracks, I'd take the train to work everyday... but because they don't have the money to do things like this, we're stuck in the stone ages in terms of mass transit.

And I'm with you on driving faster... that's one of the main reasons I own my WRX - so I can take it to the track and enjoy it for what it was built to do. But I don't need all that speed and power for everyday use. And I KNOW 90% of the hummers, escalades, expeditions on the road are used as grocery getters. I just don't understand why people waste so much. I'd be much less reliant on oil if I could take the electric train to work or drive my hybrid (no recharging necessary) car. And I'd still be able to track my "performance" car several times a year.

Call me utopian or idealist... I'm just thinking about my kids' futures.
Old Feb 24, 2004 | 02:20 PM
  #39  
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Originally posted by scoobsport98
The main oil pipeline in Iraq is still burning... The war is about oil, we just don't have access to it yet.
I guess you know because you were in iraq, right!?
Old Feb 24, 2004 | 02:25 PM
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Originally posted by groovbusta

And I'm with you on driving faster... that's one of the main reasons I own my WRX - so I can take it to the track and enjoy it for what it was built to do. But I don't need all that speed and power for everyday use. And I KNOW 90% of the hummers, escalades, expeditions on the road are used as grocery getters. I just don't understand why people waste so much. I'd be much less reliant on oil if I could take the electric train to work or drive my hybrid (no recharging necessary) car. And I'd still be able to track my "performance" car several times a year.

Call me utopian or idealist... I'm just thinking about my kids' futures.

Good point! I hate those SOB's that drive those tanks around and waste fuel. it should be a crime unless absolutely nessesary. I also own a Geo Metro and use that for most of my driving too.
We used to run humvees on JP5 or other higher JP jet fuel because we got a bit better MPG (like 10mpg)for some strange reason when they sucked a$$ anyways. what ever happened to the military jeeps for everyday use in garrison?

Last edited by Salty; Feb 24, 2004 at 02:28 PM.
Old Feb 24, 2004 | 02:36 PM
  #41  
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more W bashing

I dont mean to throw a wrench back in the gears, but why would the liberals have to defend the reasons for a war? It was mentioned that the "liberals" keep citing oil as the main reason we fought this war, but that argument is only dragging a red herring across the path of the real issue....

where is W and his WMDs??? Am I missing the boat here or did we just kick the crap out of a country because we didnt like their leader? To look at American foreign policy as altrusitic neglects the proper persective of the history of our foreign policy with Africa, the ME, South America, etc... We don't mind dictators as long as they were installed by us (look no further than the toppling of Allende and the installment of Pinochet, a man far worse than Saddam). Our situation in Iraq with Halliburton et al is very similar to that which we experienced in Chile with UFCO and the Dulles' brothers cronies.
Old Feb 24, 2004 | 02:43 PM
  #42  
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true...true....but my wrx doesn't get much better mileage than many of trucks/suv so I really have no room to talk when it comes to that...and either to most of us.

I mean my folks explorer gets 17. Their suburban gets about the same. (They have the suburban because there used to be 5 kids in the house and we all ski. Now we're all gone they are looking to downsize.) My WRX gets 20-21 on average. Bone freakin stock.

If I had the money would I have something like a civic HX or something along those lines that gets 35plus mpg....hell yeah I would. But I don't have the money to pay two car payments and insurance...shoot I don't have the money to pay the two insurances if I had one that was paid off.

It's just not realistic to expect that out of everyone. And until the price of living meets up with what average joe makes montly you won't see too many people that can. It's one or the other.

A lot of money goes into researching new fuels and ways to power vehicles. A lot of money goes into improving what we have. A lot of university money/independant money and world wide government money goes into it. Would more help....obviously. But I think more is being done than most are aware of.
Old Feb 24, 2004 | 02:57 PM
  #43  
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Post some gas prices here.

Gaspricewatch.com
Old Feb 24, 2004 | 02:58 PM
  #44  
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i run no cats and get 3meters to the gallon under boost.

LETS KICK THE CRAP OUT OF IRAN NEXT!
Old Feb 24, 2004 | 04:10 PM
  #45  
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Originally posted by OneManArmy
So show me an electric car that can do the quarter mile in 13 seconds or drive from Los Angeles to Seattle in one trip and I'll show you a larger market.
How about an electric motor for low end with instant torque and a gas engine with a huge turbo for top end power? I work in a fuel cell lab at school and we talk about this sort of thing all the time. What you said is basically what I want to do with my life, design alternative fuel sports cars that can out perform a traditional internal combustion engine. What sports car enthusiast wouldn't want one? the last issue of Road and Track has 3 or 4 hybrid powered concept cars - Mitsubishi Eclipse and Subaru B9 Scrambler and RX8 to name a few.



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