newarkcatholicfan Posted February 24, 2012 Share Posted February 24, 2012 NBC 4 Just reported that are use of gas is at a 11 yeasr low and our oil reserves are at a all time high. Should we start using are reserves to TRY and off set the rice in gas and oil prices? Link to comment Share on other sites More sharing options...
redsfan Posted February 24, 2012 Share Posted February 24, 2012 I heard on the radio today that Iran isn't the issue. Report said that big banks are betting on oil prices and in turn speculators are driving prices up. It also said that the speculators benefit from higher prices. Who knows what to believe? Link to comment Share on other sites More sharing options...
MJAlltheWay24 Posted February 24, 2012 Share Posted February 24, 2012 I'd believe it. People are hesitant to take long trips in their car anymore because of the gas prices. Especially younger generations, in my opinion. Link to comment Share on other sites More sharing options...
rockmom Posted February 24, 2012 Share Posted February 24, 2012 Another reason is the increasd fuel efficience of automobiles, and the number of people now moving toward more fuel efficient vehicles. Personally, I'm glad I abandoned my firm belief that buying an older, used car would be better for me in the long run. My new car is averaging 38-40 MPH, and thus I only need gas every ~3-4 days, vs. the day and a half I was getting before. Plus, it gets even better the weeks I can car pool. Cuts down my need to buy gas to only 1 day. As well, I think people have begun making certain lifestyle/habit changes. AND online shopping makes it easier to not waste money in traffic going to malls. There's a lot that can be figured into fuel consumption, not all to do with the economy. Link to comment Share on other sites More sharing options...
UKMustangFan Posted February 24, 2012 Share Posted February 24, 2012 I'd believe it. People are hesitant to take long trips in their car anymore because of the gas prices. Especially younger generations, in my opinion. I don't agree at all with that. People that were taking trips are still doing so. If gas prices are causing people to think twice about taking vacations, they probably can't afford to be going anyways. Link to comment Share on other sites More sharing options...
Clyde Posted February 24, 2012 Share Posted February 24, 2012 If gas prices are causing people to think twice about taking vacations, they probably can't afford to be going anyways. Correct. Link to comment Share on other sites More sharing options...
MJAlltheWay24 Posted February 24, 2012 Share Posted February 24, 2012 I don't agree at all with that. People that were taking trips are still doing so. If gas prices are causing people to think twice about taking vacations, they probably can't afford to be going anyways. I guess we will agree to disagree then. Link to comment Share on other sites More sharing options...
UKMustangFan Posted February 24, 2012 Share Posted February 24, 2012 I guess we will agree to disagree then. Sounds good. I look at it this way. If I'm traveling down to Florida for a vacation, I'm going to fill up once before I leave and once about halfway down there. Same on the return trip. My car gets roughly 17.5 gallons per tank, so I'll estimate I fill up when I have just about 2 gallons left. If gas is $2.50 a gallon that's $38.75 per fill up, or $155.00 for the entire trip. If gas is $3.75 a gallon, I'm looking at $58.13 per fill up, or $232.50 for the entire trip. That's $77.50 extra I spent on gas. If $77.50 is going to make someone decide they aren't taking a trip, they obviously don't have the money to be going on a vacation regardless of what gas prices are. Link to comment Share on other sites More sharing options...
MJAlltheWay24 Posted February 24, 2012 Share Posted February 24, 2012 Yeah, you're probably right I guess. Maybe its just my cheap behind that doesn't like to pay the extra gas haha! Link to comment Share on other sites More sharing options...
dmderringer10 Posted February 24, 2012 Share Posted February 24, 2012 Sounds good. I look at it this way. If I'm traveling down to Florida for a vacation, I'm going to fill up once before I leave and once about halfway down there. Same on the return trip. My car gets roughly 17.5 gallons per tank, so I'll estimate I fill up when I have just about 2 gallons left. If gas is $2.50 a gallon that's $38.75 per fill up, or $155.00 for the entire trip. If gas is $3.75 a gallon, I'm looking at $58.13 per fill up, or $232.50 for the entire trip. That's $77.50 extra I spent on gas. If $77.50 is going to make someone decide they aren't taking a trip, they obviously don't have the money to be going on a vacation regardless of what gas prices are. You're going to need to fill up more than that to get to Florida. Actually, I may have read that wrong. I thought it said 17.5 MPG...What's you're MPG? Link to comment Share on other sites More sharing options...
UKMustangFan Posted February 24, 2012 Share Posted February 24, 2012 Yeah, you're probably right I guess. Maybe its just my cheap behind that doesn't like to pay the extra gas haha! :lol: Believe me, I hate doing it too, but then I just figure all it basically is, is one less beer a night for both me and the lady and we make up that money. Link to comment Share on other sites More sharing options...
UKMustangFan Posted February 24, 2012 Share Posted February 24, 2012 You're going to need to fill up more than that to get to Florida. Actually, I may have read that wrong. I thought it said 17.5 MPG...What's you're MPG? No I wouldn't. I get roughly 500 miles a tank. Average roughly 25-30 mpg highway. Link to comment Share on other sites More sharing options...
dmderringer10 Posted February 24, 2012 Share Posted February 24, 2012 No I wouldn't. I get roughly 500 miles a tank. Average roughly 25-30 mpg highway. Like I said, I read it wrong. That's why I asked. :thumb: Link to comment Share on other sites More sharing options...
MJAlltheWay24 Posted February 24, 2012 Share Posted February 24, 2012 :lol: Believe me, I hate doing it too, but then I just figure all it basically is, is one less beer a night for both me and the lady and we make up that money. You can't take away my beers now haha! Link to comment Share on other sites More sharing options...
woodsrider Posted February 24, 2012 Share Posted February 24, 2012 I don't agree at all with that. People that were taking trips are still doing so. If gas prices are causing people to think twice about taking vacations, they probably can't afford to be going anyways.:thumb:An extra few hundred dollars in gas isn't going to stop many that were planning on vacations. Link to comment Share on other sites More sharing options...
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