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Prepare yourselves, gas could hit $3.00 a Gallon.

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BMG Donating Member (93 posts) Send PM | Profile | Ignore Tue Jun-28-05 03:26 AM
Original message
Prepare yourselves, gas could hit $3.00 a Gallon.
Edited on Tue Jun-28-05 03:28 AM by BMG
http://money.cnn.com/2005/06/27/news/economy/gas_prices/index.htm?cnn=yes

I posted this only because it really is a lose-lose situation at this point in time. If the Oil Peak theory is true, and we dont have anymore reserves and we have used up half the worlds supply of oil, only to have demand increase with price; then yes we are in trouble. But the other side of the card is just as bad. Rising population means Oil Companies wont be able to meet the demand, or get enough of it, quickly enough to meet that demand.

Screwed either way; I hate Oil so so much, but we can't live without it.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:30 AM
Response to Original message
1. Welcome to DU!
Gas (87 octane) is not yet $2.00 a gallon in New Orleans... though, I expect it to rise, rise, rise...

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BMG Donating Member (93 posts) Send PM | Profile | Ignore Tue Jun-28-05 03:32 AM
Response to Reply #1
2. GOOD GOD WHAT IN THE HELL IS THAT
That picture is really something else!

I dont even know what to make of that.

Its like Fox News on acid.
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Biased Liberal Media Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:34 AM
Response to Reply #2
3. Swamp Rat takes pictures and turns them into beautiful
pieces of art. You'll seem them around here! :)

WElcome to DU! :)

about the gas thing, did prices go up yesterday or something? I rarely drive anymore so I do not know.
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:35 AM
Response to Reply #3
4. Yep, I filled up a couple of days ago
The tank will last almost two weeks if I'm careful.

I do wish we had decent public transporation around here. I'd use it.
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Biased Liberal Media Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:41 AM
Response to Reply #4
6. We have a shitty public transportation system here too
and we do not have but a lincoln towncar that guzzles gas (old car and all we could and can afford). My husband fills it up once a month. We do have a Buick but the starter is fried, of course, gets better gas mileage and we haven't filled up since late May (before the starter went out).

hey, at least if worse comes to worse, I can siphon gas out of the Buick into the towncar. ROFLMAO...
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BMG Donating Member (93 posts) Send PM | Profile | Ignore Tue Jun-28-05 03:36 AM
Response to Reply #3
5. Its been going up and down like a fucked up roller coaster.
In April, as the article says; it was pretty damn high.

Its only going to get higher though. I could see unrest in the Middle East causing it to climb close to 100 a barrel or more. Certainly sucks.

Wonder if Bush will just start another war.

I have a Tacoma Prerunner that only gets 19mpg, I am selling it for a car that gets closer to 30mpg.
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Biased Liberal Media Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:42 AM
Response to Reply #5
8. My dream is to own a hybrid
someday. I need to finish college first. For now we have one dead car and one shitty gas guzzling lincoln towncar (both used and what we could afford, let's put it this way. they are both 15 years old. LOL.).
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:15 AM
Response to Reply #8
20. So far the '93 regal is doing pretty good
We've gone to the same dealership to get cars from for quite a while now and fairly good friends with the owner. Whenever we see him he's asking us to buy a second car. A year or two ago we might have thought about it, but there's no way we can afford a second car right now, if ever. They don't have any hybrids, but we did tell him should he get one that works for us to call.

Otherwise, we stick with what we've got.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:42 AM
Response to Reply #3
7. Thank you... isn't she beautiful?
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Biased Liberal Media Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:43 AM
Response to Reply #7
9. Definitely Miss America
if ya know what I mean! ;)

You rock Swamp! :)
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BMG Donating Member (93 posts) Send PM | Profile | Ignore Tue Jun-28-05 03:49 AM
Response to Reply #7
13. That is fucking TRIPPY
Nice, keep posting, these are fucking great.
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:17 AM
Response to Reply #7
23. It's like 'They Live'
The John Carpenter movie. Put the glasses on and you see them for what they are...well, except these are baboon ass ugly.

Good job, BTW.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:23 AM
Response to Reply #23
24. Put on your special sunglasses...
:D

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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:33 AM
Response to Reply #24
27. ROFLMAO!
Shit! That only made it worse! :rofl:
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:44 AM
Response to Reply #2
10. "Its like Fox News on acid..."
:D

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Biased Liberal Media Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:46 AM
Response to Reply #10
12. OMG, that guy at the top right (cheney?!?) looks like the Emperor!
Freaky!
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:07 AM
Response to Reply #12
16. Rupert Murdoch
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Bravo411 Donating Member (263 posts) Send PM | Profile | Ignore Tue Jun-28-05 04:16 AM
Response to Reply #10
21. Excellent work...
Do you have a site or a blog where your stuff is posted?
I'd like to check it out.
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anarchy1999 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 03:45 AM
Response to Reply #1
11. Thank you, SwampRat. You've outdone yourself again.
You scare us all. Welcome to the new DU'ers.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:04 AM
Response to Reply #11
14. How's it goin' anarchy1999?
:hug:

Here's my latest, featured at bartcop on Monday:

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BMG Donating Member (93 posts) Send PM | Profile | Ignore Tue Jun-28-05 04:07 AM
Response to Reply #14
15. Gold.
Edited on Tue Jun-28-05 04:09 AM by BMG
You need to make a website with all these, keep em coming!

To think I have to go to sleep in a few hours for work; with these halarious, scary, and awesome images stuck in my head.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:12 AM
Response to Reply #15
18. Here's two websites created by DUers that host some of my pix:
http://presidentevilonline.com/swamprat1.html
http://www.seedsofdoubt.com/distressedamerican/swamprat.htm

bartcop.com posted my stuff last week and yesterday... perhaps they will post another later today. :)
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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:28 AM
Response to Reply #18
33. Excellent work, Swamp Rat!
It's cool to see your work popping up on different sites!

I enjoyed reading the background on your art on presidentevilonline.

It's uniquely American all right. :toast:
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:35 AM
Response to Reply #33
36. I just found my pix in Google!
Try a Google image search of: alien lizard

:D
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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:40 AM
Response to Reply #36
38. Yay! Lots of Swamp Rat art pops up!
:toast:

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anarchy1999 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:14 AM
Response to Reply #14
19. Hanging in barely with my fingernails deeply embedded. Thank you once
again. You rock and you take up for Nostamj. Thank you again.
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yewberry Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 05:00 AM
Response to Reply #1
29. Gas is not yet $2/gallon in LA?!?
Holy crap!

We maxed out at $2.59 for cheap gas a couple of months ago--now $2.19 if you search hard with gasbuddy.

Sometimes I hte the PNW.
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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:08 AM
Response to Original message
17. It's almost at 3 troops/day.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:17 AM
Response to Reply #17
22. Maybe we should tape signs on gas pumps that say:
"You pay $3.00 for gas, but 3 American moms and dads will pay with the lives of their sons and daughters today."

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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:24 AM
Response to Reply #22
25. "Blood of 2.79"
Excuse me please...will be right back...

...

...

GOD DAMN YOU BUSH YOU FUCKING LYING MOTHERFUCKING BASTARD WAR CRIMINAL DAMN YOU TO HELL!!!

...

Ok I'm back. Ya know, I kinda think 2+ years of family Iraqmired, of tracking death after death after death until I can't sleep without dead soldiers' names marching past in my dreams is maybe starting to get to me. Doesn't show though, does it?
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:31 AM
Response to Reply #25
26. I can't tell...
let me wipe the bloody tears from my eyes. :cry: :mad:

Keep up the EXCELLENT and MOST IMPORTANT work! :hug:
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LynnTheDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 04:38 AM
Response to Reply #26
28. Oh good, I was worried you could.
Heh.

Man, I'm so bloody outraged and exhausted and did I mention outraged?

:(

Thanks, Swamp! And a big squishy ol' :hug: to you, too!
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markus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 06:38 AM
Response to Reply #22
30. The Freeway Blogger said it best
Solders are dying in the Hummer in Iraq so you can play solider in yours.

Yeah, at least if I lived in back home in N'wawlins, I could use the damned RTA. I've even lived careless in N'wawlins (in Treme on Esplanade and on Carrolton near Oak). And in DC, the car sat so long the car dealer all but accused us of turning back the odometer.

But here in Frozen Land (Fargo, ND) , I can almost justify a four-wheel drive vehicle.
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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:33 AM
Response to Reply #30
34. Way'at markus!
"Little Ceasar" - Morial :rofl:

Y'all like Cooter Browns? :D

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julianer Donating Member (964 posts) Send PM | Profile | Ignore Tue Jun-28-05 06:57 AM
Response to Original message
31. Headline in my local paper
is £4 per gallon which works out at about $7.

Not enough imo.
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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:18 AM
Response to Original message
32. So, where's all that oil money going?
With skyrocketing profits, oil companies are having to decide how to deal with all that cash!
http://money.cnn.com/2005/05/25/markets/oil_profits/index.htm
Where's all that oil money going?
Energy companies are seeing record revenue, but don't look for too much reinvestment.


Watch out for acquisitions

Other analysts say the companies could deal with the cash build by making acquisitions.

"It's the only way, there's nothing else" said Gheit, the Oppenheimer analyst.

He said most firms have already paid down their debt, have earmarked lots of money for stock buybacks and are wary of increasing dividends too much in such a cyclical industry.
-snip-

Business as usual
For their part, oil companies aren't rushing into anything.

Roddy Kennedy, a BP spokesman, said the company has no plans to spend more on drilling or exploration and will continue to return the extra cash to shareholders in the form of dividend increases and stock buybacks.


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Trailrider1951 Donating Member (933 posts) Send PM | Profile | Ignore Tue Jun-28-05 07:34 AM
Response to Original message
35. I've said this before, and I'll say it again...
THERE IS NO SHORTAGE THAT IS DRIVING UP THE PRICE OF GAS. If there were shortages, you would see: 1. Gas stations closed with signs at the pump saying "No Gas". 2. Long lines at the few stations that are open. 3. Open stations limiting your purchase to XX number of gallons per car. Do you now understand? There is no shortage. Also, why should you believe me? Because I'm a professional Geologist who has worked all aspects of the oil and gas exploration and production since 1981. I currently work for an international testing laboratory that serves the oil and gas companies. There is no shortage of oil. There are, however, RECORD PROFITS being made by all concerned, including the company I work for. It's called price gouging. :mad:

Also, here in Houston the price is about $2.10 or more for regular. I cope by riding one of these everywhere:



Honda Elite motor scooter, 80 mpg, and a ton of fun to ride!
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Blue Diadem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 08:00 AM
Response to Reply #35
40. I believe you
I know someone who works in a refinery and he tells me there is no shortage.

Also, imo, if a real shortage existed, speed limits would be lowered and there would be new mileage requirements made for auto makers.

Your scooter is cool!

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seabeyond Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:38 AM
Response to Original message
37. i havent needed to fill up since kids got out of school may 27
a month on a tank of gas. this isnt hurting me so bad. husband, but business pays the bills. so it makes it really easy when i say, go prices go, and all you with suv's, (a lot in my family) may think twice of hoggishly using up our resources

wink

lol
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newportdadde Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 07:46 AM
Response to Original message
39. How long before we are hiding in the sand with a crossbow?
The juice the precious juice.
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midnight armadillo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 08:18 AM
Response to Original message
41. $2.33 for 87 octane
Here near boston, MA. I am still trying to solve my Subaru's mileage problems...I've gotten it up to 23 mpg on the highway but it's rated for 30 (and 24 city!). Grr. I only do 25 miles/day so the gas prices aren't effecting me much, and once I get a 50% increase mileage I'll spend a few less dollars per week.
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katinmn Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-28-05 08:45 AM
Response to Original message
42. gaspricewatch.com for high, low and average prices
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