U.S. gas prices averaged $4.07/gallon for regular unleaded when I last checked gasbuddy.com on Thursday of this week.
Why are they so high?
1) Peak oil/ Supply and Demand
2) Ongoing US dollar collapse
3) Oil speculators
In order of severity from top to bottom. Speculators are only perhaps 10% of the price increase.
Where I am currently located, prices average $3.89/gallon for regular unleaded. My electric car project that I've been wanting to finish for so long will resume after I find a permanent adress and can ship it over(or give it to my dad, take the parts I need, and find another chassis to use). The gas guzzler currently in my posession will be having a grill block added to it probably today and I am going to design a set of underbody panels for it(will reduce drag and the rear diffuser will also add downforce and make it stable at high speeds).
Oil is approxamately $136/barrel on Nymex right now. OPEC predicts $200/barrel and $7/gallon in the U.S. by Fall of this year. Turkey is averaging over $11/gallon for gasoline. Bad, bad news here.
Geo Metros(~50 mpg) are sometimes selling for $7,000 on ebay in the US, more than 5 times their blue book value. The auto industry in the US is still averaging about 27 mpg for midsize cars.
Due to the increasing price of oil and the control of food production by monolithic companies like Monsanto, those in the 3rd world who were previously considered "well off" in these countries can now no longer afford food. There are worldwide food riots going on as we speak right now and we haven't even seen the worst of it. America's food prices are rising too. A loaf of cheap, processed, enriched bread(such as that Wonder crap) might be $5/loaf by the end of this year, and we are also witnessing the beginning stages of ecological collapse(bee/bat dieoff, mass extinction of bird species across the U.S., ect.).
There are also US aircraft carriers positioned outside of Iran at this time. George Bush may actually do the deed, possibly declare martial law to stop dissent in the US, and if this happens there will be no 2008 election(nevermind the still present possibility of election rigging. The no-paper-tail electronic voting machines are still present).
Gas prices aren't affecting me much because:
a) I have a large disposable income now
b) I don't use much of it thanks to car-pooling(I have filled my tank twice in the last month and a half, including the trip made to the Nixon residence)
That being said, my parents in St. Louis are having serious problems right now. I'm going to send them money if they tell me they need it. My step mom is stuck with a 2000 Chevrolet Silverado to commute to work in since the other vehicle(the Suzuki) is broken down and no mechanic can figure out why the electronic fuel pump in it keeps exploding shortly after each replacement. These gas prices have sapped the income she would have otherwise put in the bank or spent on frivalous things.
So, what are gas prices where you live and how are they effecting you? What are you going to do about it?
If you absolutely NEED a car, get one of the following used in good condition while you still can:
1) Honda CRX (The HF is the most fuel efficient)
2) Early 1990s 4-cylinder Nissan Sentra
3) Early 1990s Honda Civics (The Honda Civic VX has a high compression ratio lead burn engine and people have returned 55 mpg at 60 mph with no modification to them)
4) Geo Metros (The XFi can exceed 50 mpg)
5) Early 1990s Toyota Corollas
Building an electric bicycle is another possibility. They are inexpensive to build/operate and very practical. They are also easily stolen from you too.
If you want to build an electric car, do it quickly. Parts now often have 6 month long waiting lists(one example being Cafe Electric's Zilla controller).
Why are they so high?
1) Peak oil/ Supply and Demand
2) Ongoing US dollar collapse
3) Oil speculators
In order of severity from top to bottom. Speculators are only perhaps 10% of the price increase.
Where I am currently located, prices average $3.89/gallon for regular unleaded. My electric car project that I've been wanting to finish for so long will resume after I find a permanent adress and can ship it over(or give it to my dad, take the parts I need, and find another chassis to use). The gas guzzler currently in my posession will be having a grill block added to it probably today and I am going to design a set of underbody panels for it(will reduce drag and the rear diffuser will also add downforce and make it stable at high speeds).
Oil is approxamately $136/barrel on Nymex right now. OPEC predicts $200/barrel and $7/gallon in the U.S. by Fall of this year. Turkey is averaging over $11/gallon for gasoline. Bad, bad news here.
Geo Metros(~50 mpg) are sometimes selling for $7,000 on ebay in the US, more than 5 times their blue book value. The auto industry in the US is still averaging about 27 mpg for midsize cars.
Due to the increasing price of oil and the control of food production by monolithic companies like Monsanto, those in the 3rd world who were previously considered "well off" in these countries can now no longer afford food. There are worldwide food riots going on as we speak right now and we haven't even seen the worst of it. America's food prices are rising too. A loaf of cheap, processed, enriched bread(such as that Wonder crap) might be $5/loaf by the end of this year, and we are also witnessing the beginning stages of ecological collapse(bee/bat dieoff, mass extinction of bird species across the U.S., ect.).
There are also US aircraft carriers positioned outside of Iran at this time. George Bush may actually do the deed, possibly declare martial law to stop dissent in the US, and if this happens there will be no 2008 election(nevermind the still present possibility of election rigging. The no-paper-tail electronic voting machines are still present).
Gas prices aren't affecting me much because:
a) I have a large disposable income now
b) I don't use much of it thanks to car-pooling(I have filled my tank twice in the last month and a half, including the trip made to the Nixon residence)
That being said, my parents in St. Louis are having serious problems right now. I'm going to send them money if they tell me they need it. My step mom is stuck with a 2000 Chevrolet Silverado to commute to work in since the other vehicle(the Suzuki) is broken down and no mechanic can figure out why the electronic fuel pump in it keeps exploding shortly after each replacement. These gas prices have sapped the income she would have otherwise put in the bank or spent on frivalous things.
So, what are gas prices where you live and how are they effecting you? What are you going to do about it?
If you absolutely NEED a car, get one of the following used in good condition while you still can:
1) Honda CRX (The HF is the most fuel efficient)
2) Early 1990s 4-cylinder Nissan Sentra
3) Early 1990s Honda Civics (The Honda Civic VX has a high compression ratio lead burn engine and people have returned 55 mpg at 60 mph with no modification to them)
4) Geo Metros (The XFi can exceed 50 mpg)
5) Early 1990s Toyota Corollas
Building an electric bicycle is another possibility. They are inexpensive to build/operate and very practical. They are also easily stolen from you too.
If you want to build an electric car, do it quickly. Parts now often have 6 month long waiting lists(one example being Cafe Electric's Zilla controller).








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