  Detroitrise Member Username: Detroitrise Post Number: 3947 Registered: 09-2007 |
Gas is now $1.75 in the city of Detroit (and continues to fall). Pirces per barrel is $52 & the RBOB projects prices as low as $1 eventually. You can fill up your tank without spending more than $10.  | ||
Bob Member Username: Bob Post Number: 1884 Registered: 11-2003 |
Yes that is a huge bright spot, even though it is temporary. As soon as the economy recovers, demand will be back up and prices will go back up. Of course the big IF is when the economy improves. The GOP is doing everything they can in their last couple minutes of power to screw that up. | ||
Wally Member Username: Wally Post Number: 738 Registered: 12-2003 |
It's funny how there seems to be the idea out there, that with cheaper gas prices, people will start buying large trucks and SUV's again. Are people really that stupid? We all know how quickly gasoline prices can change. Remember Chrysler selling cars last spring or summer and guaranteeing $2.99 gas? I wonder how many people bought a Chrysler because of that. LOL! | ||
Iheartthed Member Username: Iheartthed Post Number: 3639 Registered: 04-2006 |
quote: That is pretty funny, lol. | ||
Gazhekwe Member Username: Gazhekwe Post Number: 2729 Registered: 08-2007 |
Unfortunately, as demonstrated in the 80s, people really are that stupid. SUV, truck sales making a comeback in Great Falls Posted: Nov 17, 2008 07:26 PM http://www.montanasnewsstation .com/Global/story.asp?S=936685 2 | ||
Bigb23 Member Username: Bigb23 Post Number: 2899 Registered: 11-2007 |
I knew George W. could do it ! His plan was to collapse the U.S. economy to bring gas prices down to what they were at his last election. Hooray ! Bushy - you da man ! | ||
Sstashmoo Member Username: Sstashmoo Post Number: 2920 Registered: 02-2007 |
The GOP reminds me an old man I used to work with. His mantra was "If I can't fix it, I'll F it up so bad nobody else can" I truly believe they are sabotaging the economy in retribution for their piss poor approval ratings publicly. And make it that much harder for the Dems to repair. They are talking about potentially 4 or 5 million US jobs and this idiot has "no appetite" to do anything about it? What a clueless A-hole.. | ||
Bob Member Username: Bob Post Number: 1888 Registered: 11-2003 |
That must be their 2010-2012 plan. Screw up the economy bad, blame on the Dems in power, then try to win votes with that. You betcha! | ||
Chuckjav Member Username: Chuckjav Post Number: 1144 Registered: 09-2007 |
Real & True Bright Spot of This Economy will be the wake-up call...the necessity to sharpen wits & sharpen spears. We'll need to get out & find out what we can do - on our own - to earn a living. Life, as many folks currently know it...is about to change - dramatically. (Message edited by chuckjav on November 20, 2008) | ||
Bob Member Username: Bob Post Number: 1889 Registered: 11-2003 |
If the automakers make it through this, they will be much stronger companies, but that is a big IF. But I agree that life as many people know it is going to change. People are going to have to start valuing education much higher than they do (including funding it). The day where you can make a decent living without education is gone. | ||
Retroit Member Username: Retroit Post Number: 488 Registered: 04-2008 |
The high gas prices that we experienced this year were an anomaly created by the hyper-speculative futures market, and not by the oft-repeated supply-demand factors. The lower prices are here to stay. If we want to discourage the return to SUV Mania, we need to artificially increase the gas prices with higher taxes. | ||
Gazhekwe Member Username: Gazhekwe Post Number: 2731 Registered: 08-2007 |
Or provide some kind of leadership/incentive to encourage consumers to cut it out with the fuel beasts. | ||
Bigb23 Member Username: Bigb23 Post Number: 2902 Registered: 11-2007 |
Then what do we do with those extra taxes ? Maybe throw more to the Oil and Banking industries ? Lets put an Alabama or Alaskan Congressman in charge of all the extra funds. | ||
Bob Member Username: Bob Post Number: 1892 Registered: 11-2003 |
How about Sarah Palin? You betcha she'll find something to do with the money, then deny asking for money. | ||
Retroit Member Username: Retroit Post Number: 490 Registered: 04-2008 |
The tax revenue should pay for the wars that are being fought to keep our oil supplies. | ||
Bearinabox Member Username: Bearinabox Post Number: 1040 Registered: 04-2006 |
quote:Stick it in a fund for alternative forms of transportation. Give some to Amtrak to improve its service, and let state and municipal governments apply for the rest to help fund mass transit and non-motorized expansion projects. | ||
Bob Member Username: Bob Post Number: 1898 Registered: 11-2003 |
Amtrak is already on track to get a much bigger investment under the current budget. Bush has been trying to get rid of Amtrak his whole time in office. I would imagine Obama will give it much more support since Chicago as a whole is a large Amtrak employer and supporter. | ||
Danindc Member Username: Danindc Post Number: 5262 Registered: 10-2003 |
quote: But but but...that would be like...France! And Lord knows they only have the best passenger rail system on earth. (Message edited by DaninDC on November 20, 2008) | ||
D_mcc Member Username: D_mcc Post Number: 1647 Registered: 12-2007 |
zut allors! Then there's this: BLM Issues New Rules for Oil Shale Development: Last Minute Bush Administration Environmental Trashing? Though Congress let the offshore drilling and oil shale development ban lapse back in the end of September, few expected that new rules to develop US oil shale would be proposed before the end of the year. Well, the Bureau of Land Management apparently couldn’t wait. In a move which the BLM says “could result in the addition [to US supplies] of up to 800 billion barrels of recoverable oil from lands in the Western United States” and which will “increase and diversify America’s energy supply”, new rules for Oil Shale management were released yesterday: Several Times the Oil Reserves of Saudi Arabia In touting the benefits of oil shale development, Assistant Secretary of Land and Minerals Management C. Stephen Allred said, The U.S. needs all types of energy resources, both conventional and renewable, in order to meet our future needs. Production from domestic resources makes us more secure and less vulnerable to future energy crises, and increases our security and economic well-being. The tremendous oil shale resources that we have in the U.S., containing several times the oil reserves of Saudi Arabia, can be a vital component of that secure future. Site specific environmental analyses would still have to be conducted in order that all state and local regulations were complied with, but apparently the BLM hasn’t read (or probably more accurately, the Bush adminstration and the BLM are discounting) any of the number of analyses which detail just how much of a losing proposition, both economically and environmentally, that exploiting oil shale and tar sands is. Oil Shale Exploitation an Environmental Nightmare In case you missed it: Because it takes significantly more energy to extract oil from these shale deposits than it does to extract conventional oil, the carbon emissions are up to eight times greater than conventional sources of oil. Then there is the issue of water usage: Producing one barrel of oil from oil shale requires between two and five barrels of water, and in areas which are already experiencing drought conditions. So even if there is a significant amount of oil there the environmental costs of extracting it are, as WWF-UK put it, “unthinkable”. The only good news in this is that it would be up to the incoming Obama administration whether the actually put these lands up for lease. And since at numerous times on the campaign trail Obama indicated opposition to developing this source of ‘unconventional fuels’ this may amount to nothing. That said, this last minute measure by the Bush administration reminds me of a rock star trashing a hotel room. Why do they do it? Poor behavior, and because they can. More at: BLM (press release) | ||
Danindc Member Username: Danindc Post Number: 5263 Registered: 10-2003 |
^^^What you have to consider is WHY the Bush administration is doing this all of a sudden. Out of the kindness of their hearts? Hell no! Bush has been talking about energy policy since 2000 (yet mysteriously hasn't developed one in those 8 years). If this were such a great idea, and politically palatable, it would have been enacted long ago. There's a reason you're not hearing much from Bush these days, and it's not because he's working hard to leave the country in good shape for the Obama administration. I fully expect to see a thorough (and quiet) trashing of all environmental regulations by the time President Senioritis leaves office. | ||
Oladub Member Username: Oladub Post Number: 921 Registered: 08-2006 |
I will be interesting to note the last minute decisions that Bush will make in his remaining days as President. President Clinton issued quite a few pardons to his cronies. Hillary "actually packed up and took antique furniture that had been given to the Whitehouse as gifts decades ago."(-Yahoo.Answers) PE Obama said that he plans to reverse some of President Bush's executive orders. Since possession is supposed to be 90% of ownership, President Bush should be watched for things like handing out low-cost leases by way of executive orders or the administrative rulings of bureaucracies. | ||
Bigb23 Member Username: Bigb23 Post Number: 2905 Registered: 11-2007 |
And any oil recovered from oil shale is subject to world spot market pricing anyway. So the speculators and OPEC will affect the price no matter what happens. | ||
Detroithabitater Member Username: Detroithabitater Post Number: 186 Registered: 10-2006 |
Cost of copper is going down. http://www.palabora.com/Defaul t.aspx?page=59 Suck it scrappers. | ||
Detroitrise Member Username: Detroitrise Post Number: 3950 Registered: 09-2007 |
I do have a question. Why is gas always higher in Grosse Pointe? I just took a peak at GasBuddy & saw a price for $2.36 Yet, just a short drive away, gas is $1.70 In fact, even though Wayne County is highlighted with a daker green, Grosse Pointe is highlighted red. Could someone please explain why Grosse Pointers always pay more for gas than their neighbors in Detroit? Does their proximity to the water or wealth density have something to do with it? | ||
Retroit Member Username: Retroit Post Number: 512 Registered: 04-2008 |
Detroitrise, a review of gas prices does not support your claim: www.autos.msn.com/everyday/gas stations.aspx | ||
Furnitureguy Member Username: Furnitureguy Post Number: 70 Registered: 12-2003 |
what do you think? I have noticed forever that gas in the ghetto is always, always cheaper! |
