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Post Info TOPIC: Gas prices


~Ride Free~ ~ Live Free~ (M)

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Gas prices
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our gas is at $1.69 a gallon and diesel is $1.89 

sad...I just keep thinking of those poor families and how this is affecting them.  I know the coal situation is affecting my family



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I'm confused... low gas prices are a GOOD THING around here. People can actually afford gas for their car AND food for their bellies when the price of gas is reasonable.

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we have a lot of people in the oilfield industry and with the price of a oil going so low, they are stacking rigs etc. and thus people and families have not worked since last year and it is hurting all over. and so I would gladly pay $2+ a gallon, if it meant people were working and being able to take care of their families.



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O.k. ... I can see how that could be an issue for them. I do feel sorry for them. But for pretty much everyone else, low gas prices are a "godsend".

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with the price of oil falling so fast, it is not *worth* it to keep producing, so producers will slow down and stop....and then the gas prices will soar. supply and demand so I hope everyone is prepared for that

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Actually, Richard, lower gas prices are not a godsend to "pretty much everyone else".
There's the very real economic problem of un- and underemployment in areas with a lot of oil and refinery related jobs. Not just for those directly employed by oil companies, but all the jobs in the area are at risk.
There's the reduced dollars going to the states for road repairs because of reduced sales tax being paid.
Then there's the fact that people in the US are not paying anything close to what oil use really costs - and the lower the cost of gas, the more people will drive big trucks, SUVs and other gas-guzzlers with abandon. The environmental costs are enormous.

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winds55 wrote:

Actually, Richard, lower gas prices are not a godsend to "pretty much everyone else".
There's the very real economic problem of un- and underemployment in areas with a lot of oil and refinery related jobs. Not just for those directly employed by oil companies, but all the jobs in the area are at risk.
There's the reduced dollars going to the states for road repairs because of reduced sales tax being paid.
Then there's the fact that people in the US are not paying anything close to what oil use really costs - and the lower the cost of gas, the more people will drive big trucks, SUVs and other gas-guzzlers with abandon. The environmental costs are enormous.


Actually, winds, the oil and refinery people are the exception to my statement. I was pretty clear with that when I said "I can see how that could be an issue for them. I do feel sorry for them."

Most people ("pretty much everyone else") in this country are not in the oil production or oil production equipment supply businesses... in any way-shape-or-form. And you'd be wrong about the impact lower prices on gas has on them, at least in most states.

Gas taxes aren't "dollar based" they are "gallon based". $1.95 gas has the same amount of taxes on it as $3.87 or $4.55 gas does. (this link might help you understand that), so lower gas prices could actually INCREASE tax revenue if more people use more gas because it's more affordable.



-- Edited by RichardInTN on Friday 22nd of January 2016 08:35:34 PM

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Richard, the only one not understanding is you. I'm not ignorant, nor am I heartless. Too bad the same can't be said for you.

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winds55 wrote:

Richard, the only one not understanding is you. I'm not ignorant, nor am I heartless. Too bad the same can't be said for you.


You may not be heartless (that's in doubt though, considering how you just love to jab at others), but when it comes to gas taxes you are, indeed, ignorant... as I proved (more fuel consumption due to lower prices would actually INCREASE tax revenue, because gas taxes are by the gallon).

On the other hand, I am actually neither ignorant nor heartless.



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gas is now $1.59.......

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I don't know how true it is, but, I recently came across some sort of ad/article on some sort of new fuel made from sand (Google "new fuel from sand to replace oil") that's supposed to kill oil as a fuel in the near future. Is it possible there could be some credibility to this and the lower price is OPEC's way of trying to defer research into this new fuel as long as possible?

I've always said we need to get off of oil/gas (sooner or later the oil WILL run out, there's no denying that) and the only way to do that was to make the research into something else a priority... something that the overpricing of gas could easily have caused.



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I have not heard that, but it sounds different. I know some use used cooking oil to potentially fuel vehicles. (I read something on that LOL)



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Diesel engines run great on used fryer oil (they can be "tweaked" a little to run better... but no extra parts are needed or tweaking is required to get them to work)... as long as you strain out anything "non-liquid".

This is an interesting Mythbusters clip on a car running on used fryer oil:



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crazy! I love myth busters!

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Me too... except when they get them wrong... LOL.

(my favorite one they got wrong was: They said "busted" to "Can a car stereo really destroy the car that houses it?". I've seen it happen back in the early 90's at a car stereo "sound-off" competition (blew out all the windows, warped the door frame and rattled the car so badly over about 5 minutes that several panels fell off and various things had to be tightened that had come loose in the engine bay), so I KNOW it's possible. They (Adam and Jamie) created a huge "speaker" that was "driven" by the car's engine via the drive shaft... and when it didn't break the windows they called it "busted" {even though their "speaker" failed due to extremely poor design in just a few seconds!}.)



-- Edited by RichardInTN on Friday 29th of January 2016 06:56:52 PM

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gas is $1.55

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Passed the gas station today... $1.499

Under a buck and a half. I NEVER expected to EVER see that again!

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"Yabba Dabba Doo" - Frederick J. Flintstone... So what?
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ours seemed to have leveled off at $1.53, and $1.87 for diesel



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I do admit it is nice to fill our tanks and not cost a $100+ anymore

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