gas is cheap...which sucks

[azimuth 5,000+ posts]

I Agree //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

i agree. i thought it was absurd, that people were crying about 3.50. just wait for the bill in congress that adds a huge tax to subsidize alternative energy. that's coming. they'll choke exxon first, then when they don't have enough money, they'll start choking us. it's the liberal tax and spend economics, and many believe that many in congress, both sides, are deeply corrupt, which makes the economic plan have "unforeseen" expenses. aside from corruption, look at the bills proposed and voted on by nancy pelosi, harry reid, and barack obama over the past couple of years. you'd have to go back to the local senate in chicago for baracks political history. they'll spend trillions. and still claim to cut taxes for people who don't even pay federal tax.

 

[DDeitz 10+ year member]

i agree. i thought it was absurd, that people were crying about 3.50. just wait for the bill in congress that adds a huge tax to subsidize alternative energy. that's coming. they'll choke exxon first, then when they don't have enough money, they'll start choking us. it's the liberal tax and spend economics, and many believe that many in congress, both sides, are deeply corrupt, which makes the economic plan have "unforeseen" expenses. aside from corruption, look at the bills proposed and voted on by nancy pelosi, harry reid, and barack obama over the past couple of years. you'd have to go back to the local senate in chicago for baracks political history. they'll spend trillions. and still claim to cut taxes for people who don't even pay federal tax.

you are trying to make the horse drink the water.

 

[azimuth 5,000+ posts]

you are trying to make the horse drink the water.

i may have to drown that fvcking horse.

 

[IDSkoT 5,000+ posts]

I think the market is just working towards equilibrium. Price was very high, which drove demand down. Due to a drop in demand, prices fell as well. OPEC is cutting production now, which will cause prices to rise, but I doubt they'll want to drive prices too high because of the backlash it caused. I think it'll settle at a happy medium at about $2.50-$3.00 per gallon.

x2

It's all basic economics.

The more they charge, the less we want.

The less they charge, the more we want but the less profit they make.

I think it's reaching a point where it's the most profitable for oil / gas companies. It'll take some time, but I don't think it'll be like the '70's anytime soon.

 

[chunky cumz 10+ year member]

I think the market is just working towards equilibrium. Price was very high, which drove demand down. Due to a drop in demand, prices fell as well. OPEC is cutting production now, which will cause prices to rise, but I doubt they'll want to drive prices too high because of the backlash it caused. I think it'll settle at a happy medium at about $2.50-$3.00 per gallon.

a+++++ //content.invisioncic.com/y282845/emoticons/veryhappy.gif.fec4fed33b4a1279cf10bdd45a039dae.gif agreed, too many things out of wack with the martket right now. houses cheaper, financing next to impossible, gas ...well was through the roof now settling again.