WolfeMacleod

Mark my words. Gas is about to go through the roof.

pearldrum944

Because of the hurricane? Yep, it's over $70 a barrel now...

MM951

damnit! right as I'm about to get a car back on the road

WolfeMacleod

I'm expecting it to hit $4/gal pretty quick here.
A couple months ago I watched a documentary-style movie called Oil Storm, about just this sort of thing happening. It leave me wondering if this hurricane will mirror that movie in any way. It's scary to think about it.

schnellfahrer

Does your government have the power to freeze prices to avoid massive inflation in the parts of the country struck by the bad weather?

WolfeMacleod

Pthtth! Are you kidding me?!? Bush is an Oilman himself! That would never happen!

Don 944 LA

don't expect ANY simpathy from the Commander in Chief and all the other oil people that happen to be in there..

BTW, does anyone have a picture of the tanker named for Con.... rice ???

Eyal 951

i'm filling up tomorrow. are they really going that high?
~Eyal

WolfeMacleod

Eyal, a very large percentage of our nation's fuel goes through the New Orleans area. If it gets flattened, many distribution lines go bye-bye. No distribution = supply/demand problems. When supply goes down, demand and prices go up.
And it's about to get the pounding of a lifetime, according to the news. My sister was there...her family fled toTexas yesterday.

Although it was just a movie, make-believe, Oil Storm seemed to be a very well thought out "what if" situation. I don't recall the gas prices in the movie, but it was double-digit if I recall.
I could se it happening.

baltik

well at least it's not natural gas - up 20% overnight, main pipeline for the nation is New Orleans - My bet is that $65 oil is here to stay

Chris_924s

I made a big pot of chili yesterday, football season ya'know.. got gas today!

all kidding aside, I paid 2.59.9 a gallon yesterday and It seemed cheap.
2.89.9 for premium for the Porsche.

Here comes the beginning of a recession. mark MY words.

Scootin159

Yes, absolutly. There is one state I believe who has actually fixed the price of gas (if anybody here is from there, chime in to verify).

tifosiman

The USA needs to catch up to the rest of the world in regards to gasoline prices. It has been far too cheap here for far too long.

Since this is a car forum full of mostly US-members I will probably not be well-liked for that comment.

Matt H

I paid 3.09 for Premium last night (cost 54.XX to fill my wife BMW). I expect it will go up. Recent surveys show Chicago is now the most expensive city in the country to buy gas (yeah, higher than Cali even).

I test drove a 2006 TDI Jetta on Saturday, there were a line of people waiting to go for a drive behind me!
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote

apierce918

for gas prices to match, so should the rest of the currency related things. like minimum wage. I think UK gets about (4.85 pounds) 8.75 US dollars / hour for minimum wage. and is supposed to increase to 9.10 in october.

compare that to the US 5.15 an hour. which just recently passed to start increasing over the next few years.

and public transportation is not as widely available here as it is elsewhere.

im not sure how cost of living compares