.

oh NO!!!!!

Disgusting.

Im gonna start syphoning other peoples gas from their car so i can get to work.

a simple solution for a simple problem. Lets get Bush to invade Saudi Arabia, Kuwait, Iraq and Iran, then we’ll steal their oil. Oh no wait, that’s what’s actually happening as we speak

There is high demand for oil from developing countries. Oil futures are traded in USD. Since USD is way low the oil price will go up. And as long as USD drops against EU and Yen we’ll be hurt more then they are. On another side of the coin our exports are cheap for them which creates jobs in US. Perhaps more Hondas and Toyotas will be manufactured statewide and exported to Europe.
LP640 if we invaded oil producing countries why is oil $100/barrel? Should it be cheap as a bounty of victory? Your comments are infantile at best.

Some are predicting $200/barrel by year’s end.

So why is it that more fuel efficient cars not generally available at this late hour?

F451, some were also predicting $4.00/gallon by Thanksgiving.

$100/gallon is going to be a catch-phrase that liberals, environmentalists, and Bush-haters will spout to make cheap arguments for their agendas. And I don’t know what the perception did to the stock market. I’m betting nothing more than a twitch.

It’s just a number. Like autonut implies there are other forces at work here. The Canadian dollar, in all reality, should not be valued more than your US greenback. And while I’m enjoying the buying power now, I have no delusions of it going on indefinitely.

BTW, I was across the line in Oroville Washington this weekend. Your gas is still cheaper than in British Columbia. And so’s your beer and beef jerky.

that hurts

I love it!!! The true Canadian always measures inflation according to beer and beef jerky prices. That, and the price of a hockey ticket. Good call johnnycanuck.

As far as the price of a barrel of oil and a gallon of gas, I’ll take expensive gas over no gas any day of the week and twice on Sunday. As long as you pass that corner with two gas stations and see idiots filling up at the station costing 10 cent a gallon more, you know everything is perfect with respect to the price of gasoline.

And if we’re stealing oil where are they hiding it? Let me guess, the evil Bu****ler is giving it to Haliburton for safe keeping until he gets out of office so him and his “big oil” buddies can sell it at $400 a barrel and have a big party. Sound about right LP640? Some of you people are in real need of an intro to economics class.

Like someone said earlier, the more cars we sell in China, the more demand there is for oil world wide. It’s all net/net in the end for us. The price of oil is up, but so is real disposable income, and this has to do with what we produce and our productivity (the best in the world still). As an example, do you have any idea how cheap food is here in America people? Of course you don’t, you just think we get fat for the fun of it here. Travel outside of the U.S. and you’ll be happy to pay $4 a gallon for gas and still be able to feed your family here like kings.

Besides, if you have a problem with the price of oil, do like me and hedge your bets by buying into big oil stocks/funds. Purchase about 100 shares and no matter what happens you come out even in the end. Price of gas goes up, so does your stocks. Stock prices go down, so does the price of gas.

Now, quit your bitching and drive already!!!!

^ so that’s where he’s hiding it?? well thanks for the tip off. Mr Halliburton will be getting s surprise visit. I’ll kill Bush then stael the oil and then sell it back to you for $1000 dollars a barell

IT’S ALL BUSH’S FAULT!!!

“So why is it that more fuel efficient cars not generally available at this late hour?”

Uhh we’ve been like worshipping gas guzzling sport cars for the last year or so and have been bashing fuel efficient CRV’s and Civics…

Hey americans, be happy. In europe one gallon super costs about 7.8 US Dollars!!!

more reason to take the train to work.

Agree with all of you about being spoiled. We have it so good here, Have fun and drive sometimes like you stole it. Better engines and other means of power are on the way.
LP640- “I’ll kill” is a stupid way to express that, you might want to rethink that.

Sold my boat summer of ‘06, it was costing me twice a much as it did in ‘99 when I bought it. Interestingly I made money on the boat, new boats had gone up so much.
Anyways I ride snowmobiles/boards, dirt bikes/mtn bikes, water ski and 4×4, my back yard is against Nat’l forest in Cascades. Those are my hobbies. So rising fuel is an assault on my lifestyle, I hate it. Im not unreasonable I know its still cheaper here the most everywhere else. But when you are raised a fuel powered adrenaline junkie it is a hard habit to quit. I spent my New Years day cutting through 120 miles of National forest trails covered in 2′-5′ of powder. It cost me a lot more then it used to but Ill never quit. The night it first snows enough to sled I dont sleep and the sled is fired up at 4:00AM, so I can be first on the powder.
I prey some day I can go just as fast on silent non-poluting ultra efficient toys. But until then I will keep on burning too much fuel having too much fun.
P.S. Dean whatever, who invented Segway, I need a fuel efficient silent way to go down snow covered forest trails at up to 120MPH. Any ideas.

I’ve been meaning to check into this: http://www.closetheenronloophole.com Their commercials claim that speculation in the market is driving our cost up by as much as 40%. Yes, the falling dollar and world consumption has something to do with it, too. Probably, so does the combination of all the oil companies into monopolies over the last 20 years or so. (and news sources, BTW) No problem, just join in the fun? I think the only problem I have with that is the possibility of price rigging by those who stand to gain profits from what has basically become a utility industry.

…And this is just the beginning I’m afraid

‘Madcapp’, because CAFE standards have not changed since ‘90 and now you’re paying for it.

‘johnnycanuck’, like the unjust gap in car pricing between Canada and the U.S., most everything went too far the other way until recently. Currencies trade in a market and that market is speaking loudly … no country should run huge triple deficits. Canada and most other countries, therefore, deserve a higher exchange rate versus the U.S. peso. This will continue for at least another 3 years as the margin grows to levels you never thought possible.

‘dmbpearl’, BINGO. If it’s the market that has a hand in the pricing, get in that market and benefit.

We Really need this stupid prick like a hole in the head, here in the uk, like we don’t pay enough already!!!!

I will be the first to say that Exxon is reporting record breaking profits, and that one of their CEO’s got one of the largest retirement funds in the history of… retirement funds.

I mean, I’m not saying anything, just wanted to congratulate the guy, seeing you guys talking about oil on here… you know…

AustrianJoe- Sorry, but I can’t be happy. Despite that 7$ a gallon, literally everything over there is twice the price of goods over here (not speaking for everything). And DESPITE that, lots of that inflation is due to taxes, not generically speaking increasing demand.

Ha, I guess we were all fooled!

OMGLOLWTFBBQ?

If it’s all funnymoney anyway, why not buy at $1,000,000/barrel?

Very true, RIcardo.

Here’s a good riddle for everyone: If every country in the world is in debt, who made all the loans?

CA36GTP – Countries are in debt … central banks make the loans and thus the money!

It’s just economics, supply and demand. We all have to live with it. It will effect the auto industry. I think automakers should take a lesson from BRP, formerly Bombardier. They shaved 50 lbs from an already light snowmobile for the 2007 model. Weight reduction is the future.

Yep F451s right, expect $150-200 a B by the next 3-4 yrs.

Also most countries with high gas prices, if you look and not just spout “they have been paying that much for yrs” youll soon see that those countries have ultra high taxes embedded within their systems and that accounts for the higher pricing. The US has most imports from the Middleeast, Brazil in the 90s and we did have stuff from Russia but Putin got tired of Bushs nitpicking and whining and decided to start building up Russias infrastruture even though it will suffer a collapse sometime soon they will be a huge exporter in the future. All of Mexicos oil exports come directly to us. As for speculation this isn’t the case, its due to Peakoil which is also easy oil. Oil that is easily tapped and brought to the surface, now we are having to do deep drilling which costs more and also you have oil companies not building up their infrastructure and letting plants just rust till the usual 10yr accident happens like in Tx and around the US. The MiddleEast hasn’t let any outside entity back onto arab soil to find out how much oil they have because that is their power. Not since the late 1970s since American interests pulled out and handed it over to Middleeast companies. Ever wondered how come MiddleEast exports are always the same yr to yr and never go down?? And they even account for a few more hundred barrels and it goes back down? Canada is also on big oil lands but their goverments arent rushing to exploit them. And the US has Alaska but that will be an uphill battle.

jayjc08, i forgot, you’re right. I forgot to tell, that we have about 50% taxes on our gas… and the price is increasing… I hate these donkeys in our parliament.

CA36GTP: China owns the US…And a barrel of oil is going to hit the $100 mark again someday and this time it’ll be for real.

Biofuels, biofuels and Natural gas. Get behind these fuels for the future and America will win for years to come. For example, Natural gas has been dropping in price when oil has been going up. Compressed natural gas cars are here now to drive (Civic GX) and you can drive them for under 1.50 per gallon. This car is also Honda’s cleanest car. Where are these cars??? The buying public is generally pretty uninformed when it comes to “what to buy”, and manufacturers need to wake up and produce more of these cars so the OIL driven vehicle population decreases, not increases. If oil reserves are REALLY drying up, shouldn’t all of us be ready to change to another fuel? At least for one of the two cars you own?

MY bad I meant to put 13-14yrs.

F*cking great. Let’s keep feeding the oil sheiks more of our hard-earned money…they really need that second gold-plated private jet.

Bryce that entire paragraph of horse **** you just spewed was adgenda. Shut your stupid mouth up and leave this discussion to those who have an IQ in triple digits.

My retirement funds are heavily invested in oil…over 38% return on my portfolio in 2007!!!! It’s like I’m getting paid to fill up my car!