Is there any hope for gas prices?

@mehale (2200)
United States
May 28, 2008 1:31pm CST
It seems like gas jumps on an almost hourly basis now days. An article I found in USA Today claims that they have reached their peak and will soon start to come back down somewhat. Of course the article also mentions that most gas stations are only making about 3 cents per gallon profit, so it is likely that they will leave the prices up for a while to regain some of their lost profits. Do you think that the price of gas and diesel will come down enough to actually help, or is that just a fairy tale??
6 people like this
18 responses
@kylanie (1205)
• United States
28 May 08
I think it's just a fairy tale and I heard that they was going to go to $4.00 a gallon before it was over with I just wish it would go back down so that we could afford to take the kids on vacation or atleast a nice trip.
3 people like this
@nelly5 (1425)
• United States
28 May 08
I don't know where you are, but here in Ohio, it already is $4 a gallon, I have even seen it up to $4.17. I heard by August, we should expect it to be $6 per gallon. Nice that that government cares about us and how we are all barely making it.
@mehale (2200)
• United States
28 May 08
I also believe that it is just a fairy tale. As far as actual gas prices, they are already over $4 a gallon here in Texas as well. It would be nice if they would come back down at least a little bit, but I don't expect them to. My husband and I drive a truck for a living (we own our own truck). We have been on vacation for about a month now, but when we came home mid-April, it was costing us around $650 to $750 each time we filled our truck up with diesel fuel - and this usually happens at least twice a day when we are running. If it were not for the fuel surcharge we would not make it.
1 person likes this
@Gmdem13 (156)
• United States
28 May 08
well, im here in Connecticut, and i was watching the news, at this time gas is at $4.17/gal and its rediculous. i can hardly afford to drive recklasly anymore. which stinks becasue driving is my getaway from my problems, but i was watching the news and they said that gas prices could get up to $5.00/gal and stay there for the next couple years. its rediculous if you ask me.
2 people like this
@mehale (2200)
• United States
28 May 08
I completely agree with you. There has to be something that can be done to resolve this serious problem. Not only is it making it hard for people to go to and from work and school, but it is also making the cost of living and food rise drastically because of the fuel required to deliver the goods. There has to be a solution!
1 person likes this
@Gmdem13 (156)
• United States
29 May 08
i was just talking to my father yesterday about gas prices, and he was tellnig me, (hes a contractor) he was saying how he cant even give free home estimates anymore, he has to charge people to go look at their house, becasue hes using his gas to get out there and if he drives out there and you changed your mind, that money.
2 people like this
@mehale (2200)
• United States
29 May 08
I don't blame him. Gas is getting way to expensive to just give it away!
@bdugas (3581)
• United States
29 May 08
No I do not believe the prices will come down as long as people are determined to pay whatever it is for gas. I heard Bill O'riely say last night we need to start finding other ways of where we need to go like car pooling to pay the bills the first of the month, or do not buy gas on Monday, put a dent in their pockets, he said just everyone not buying gas on one day of the week would set them back, and would show them we are not going to continue to pay the high prices and will find other ways to get around. Some are buying bikes here and riding them to work, more are making car pools, I think it is us that has to put a stop to the buying and only us that can help put a stop to this. One woman interviewed on ev the other night said she was going to the mall no matter what the cost of gas was, when you have people with thinking like that how can we get anywhere, I though to myself what is at the mall that is so important that I would pay $4.00 a gallon to get there,she said she goes all the time and no one is going to stop her if they raise it to $10. she did not look like she was that rich to be making those kinds of statements, and I'm sure from the looks of the car she had better places she could use the money she saved, but people are going to go no matter what, it makes it real hard on the ones trying to do something to cut the cost.
2 people like this
@mehale (2200)
• United States
29 May 08
You are right, as long as people keep thinking that way we will not be able to do anything about it. If we could get everyone (or at least most everyone) to carpool or like you mentioned not buy gas on one day of the week, we might actually be able to get their attention and do some good; the trouble is too many people will buy the gas anyway!
1 person likes this
@twallace (2675)
• United States
29 May 08
I think that gas is going to keep going up. It is going up everyday just about. I have been listening to the news and it has been a hot topic. It will keep going up and there is nothing that the people can do about it. Why cause they know drivers need gas and they will pay what ever price that is set to get from a to b.
1 person likes this
@mehale (2200)
• United States
29 May 08
We really need to find a workable alternative to oil and petroleum based fuels!
@twallace (2675)
• United States
30 May 08
I thought that they were doing that already but I guess they really have not put it into affect yet and that is a bad thing. they need to get on the ball and fast.
1 person likes this
@mehale (2200)
• United States
31 May 08
Well, there is ethanol, and bio-diesel but currently there really is no good way to produce enough to replace the petroleum based fuels. It cuts into farm lands that are used for food crops, and also cuts into things like corn that are used for food and grain. There has to be some sort of workable alternative, though!
• United States
31 May 08
I think the prices will come down when there's new people in Washington in January.
1 person likes this
@mehale (2200)
• United States
1 Jun 08
I sure hope you are right! It is getting really bad and just keeps on getting worse!
@anniepa (27280)
• United States
31 May 08
I wish I knew where all of this was going to end! It's really getting to the point where people are going in the hole going back and forth to work! The closest gas station to my house was $3.88 as of last night, but it probably went up since then. I remember back in the seventies when there was "wild talk" that gas was going to go up to a dollar a gallon! When I first started driving it was about $0.30 per gallon, can you believe that? When my friends and I needed gas to go "cruising" we'd all chip in change until we got enough to get a dollar's worth of gas and that lasted for about week...lol! Annie
1 person likes this
@mehale (2200)
• United States
1 Jun 08
I can remember it being around 0.80 per gallon and wish it could go back to that! Gas here is running $3.89 to $3.95 a gallon as of yesterday - not sure about today!
@Rosekitty (19396)
• San Marcos, Texas
29 May 08
Hi Mehale where in Texas are you? I'm in San marcos between Austin and SA and its at $3.89. Seems everyday it goes higher and sometimes an hour later it will jump again. I have to get some gas tomorrow and know from that post awhile back that its best to go in the mornings when the pumps are expanded. Keep on walking...LOL
1 person likes this
@mehale (2200)
• United States
30 May 08
We are a ways off of I45 between Dallas and Houston. It has come back down again as of yesterday to an average of about 3.89 here too. Not sure it will last though. Mon and Tues it was between 4.05 and 4.07 a gallon!
@walijo2008 (4646)
• United States
29 May 08
Here in Oklahoma, the diesel prices are already over 4.00 a gallon and the regular unleaded isn't far behind, the cheapest in our town is 3.69, but it probably won't last for long, it'll go up again. I'm glad we don't have any vehicles that take diesel, at one time it was cheaper, and we almost bought a diesel truck, we would of been sorry if we did....have a good day
1 person likes this
@mehale (2200)
• United States
30 May 08
Well, on Monday and Tuesday it was about 4.05 to 4.07 for regular unleaded but now it has come down a bit to around 3.89 not a lot of improvement but at least it is a bit better.
@Allie_xoxo (1064)
• Canada
29 May 08
I was in journalism and in my business economics class this semester we learned that the predicted gas price for the summer would be 1.12...we all know its much higher now! I guess people are just going to have to find other ways to get where they have to go. I prefer public transit. It saves me tons of money and is great for the environment!
@mehale (2200)
• United States
29 May 08
That is a good idea. If more people would reduce the amount of fuel they use, the demand would go down and prices would have to follow.
• Russian Federation
29 May 08
Hi.I recently joined My lot and i wanted to enter in this discussion.I will directly say that the price of oil will continue to increase and will reach $200,The gold also will reach to $1000.
1 person likes this
@mehale (2200)
• United States
29 May 08
I hope that it does not, but the way things are going it probably will before winter! By the way, welcome to MyLot.
@sun2day (1063)
• Virgin Islands (U.S.)
29 May 08
I pray it soon goes back down, here it is over $3:00 per gal., maybe certain places $4:00. I paid a cab $4.00 for a very short distance he took me yesterday. I did not complain because Iknow the price of gas is up.
@mehale (2200)
• United States
29 May 08
Yes, it will get harder to survive if it does keep going up. It affects everything - the cost of food, transportation, clothing, etc. It is really getting bad!
@nixxi76 (3192)
• Canada
29 May 08
Sheesh, anything that people are counting on, they always have to hike up prices. Not only gas but other things like ciggarettes too! I was watching the news the other day too and I heard something disturbing about the whole reasoning behind our gas prices and why they are so high. It's all because someone said they would be! If that's not the stupidist reason then I don't know what is? I would like to know who said that and see how they are dealing with the hike in prices now! By this summer our gas prices are suppose to go up to $2.00 a litre. Most places here now it's $130.00
1 person likes this
@mehale (2200)
• United States
29 May 08
That is a REALLY dumb reason to raise prices. If you find that person and need some help.......
1 person likes this
@Nardz13 (5059)
• New Zealand
29 May 08
Hi there. Here in New Zealand we're paying $2.10 per litre. By august this price may have rised to $2.50 - $3.00 per litre. In Brisbane, Australia I had word that they're paying $1.40 per litre. Who knows wether or not gas prices will ever drop. Have a great day anyway...
1 person likes this
@mehale (2200)
• United States
29 May 08
Wow that is getting really expensive. Hopefully it will at least stop getting higher!
@subha12 (18452)
• India
29 May 08
i think no. may be after some time it should be back in control and may not rise further. But will ity ever decrese? i think no. when once increased, it will never go down.
1 person likes this
@mehale (2200)
• United States
29 May 08
It would be nice to at least see it stop rising daily!
• India
29 May 08
yup it is a fairy tale and good one to hear too!!! i dun see a slighest for the oil prices to go down from here... also respond to http://www.mylot.com/w/discussions/1534919.aspx
1 person likes this
@mehale (2200)
• United States
29 May 08
Unfortunately you are probably right!
@jhartana (1085)
• Australia
29 May 08
I don't think the price of fuel (or gas as you called it) will go down anytime soon. Here in Australia the price of fuel has just gone up erratically high and I cannot do anything with it but to reduce the use of car.
1 person likes this
@mehale (2200)
• United States
29 May 08
Yes, maybe if more people would reduce the amount of fuel they use - thereby reducing the overall demand for it, the prices might come down a little. But as long as people will keep paying the prices, I don't think there is much hope!
• China
29 May 08
I believe that things may turn out better and better!
@mehale (2200)
• United States
29 May 08
I will hope and pray that you are right, but I really don't see things getting much better any time soon! And the more gas goes up, the more the price of groceries and other goods will continue to rise to offset the transportation costs.
@cukal6 (146)
• United States
28 May 08
It's been $4.07 for a while here in central Illinois. We don't have a choice but to pay it. We live in the country and my husband commutes 1/2 hour each way. No mass transit here. I believe it's going to keep going up. Now that the kids are out of school, we are staying home all day, every day. We make a trip to town once a week for groceries and other necessities. We just can't afford to drive the van much.
1 person likes this
@mehale (2200)
• United States
29 May 08
Boy do I know that feeling! We don't buy gas more than once every couple of weeks when we are home - we try not to use the truck unless it is absolutely necessary! On the other hand, we drive a truck for a living and the cost of diesel fuel each time we have to fill up - which is usually at least twice a day - is enough to bring you to tears. We spend on average $750 to $850 per tank depending on how low the truck is on fuel. If it were not for the generous fuel surcharge that we receive, we would not be able to make it for long!