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Subject: GAS PRICES Author: Anthony [ Next Thread | Previous Thread | Next Message | Previous Message ] Date Posted: 11:15:58 05/10/01 Thu Today I got the latest email claiming to have yet another solution to the high gas prices we are suffering under at the moment. And it made me think about the damned prices again. Does anyone remember prices of like 89 cents in Jersey last year? Now, I spoke to someone yesterday that swore up and down that anytime gas prices rise they are NEVER low like they were ever again. Now, someone tell me if I am wrong, but before the gas prices under a dollar last year, weren't the prices up around $1.30? So in late 1999, let's say, I thought prices for gase were about $1.30 or so, then by about Springtime in 2000 they were under a dollar. Then they went back up over a dollar as the year went on. They were at about $1.25-35 since the beginning of this year, and now you know what is going on at the moment. The guy I talked to yesterday, a coworker in his early fifties, said that gas prices are never again going to go below around $1.50 ever again. He said this was because once the big oil companies raise the prices they get the people used to them and thus keep them that way. I find that hard to believe. I think he's a bit of the government conspiracy type. Anyway, I guess I have three questions: What do you think of my co-worker's claims? What does everyone think is causing the price hike? There are a lot of articles and news reports spouting causes, but which do you think are the real deal? I am sure a combination of factors is at work here, but which are the most feasible? Can we, the public, do anything about the prices (a la the emails about only getting gas every other day or on a certain day, etcetera...the one I got today said not to get gas from the big name stations, Exxon and Mobil, and that should do the trick)? [ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:

[> Subject: Re: GAS PRICES Author: Zisel ben [ Edit | View ] Date Posted: 13:17:50 05/10/01 Thu Exxon and Mobil merged a couple years ago, you do know that, right? They are the same company. Not that this is relevant to the discussion or anything, just wanted to inform you. [ Post a Reply to This Message ]

[> [> Subject: Re: GAS PRICES Author: Anthony [ Edit | View ] Date Posted: 11:30:01 05/11/01 Fri Okay, that's cool, but I think that even if they were combined, I assume that the email's premise still holds up...not that I agree with it. I am not sure if the scheme would work. But I have a great ignorance of economics, so I can't be sure. That is why I put the post out here in the first place. [ Post a Reply to This Message ]

[> Subject: Re: GAS PRICES Author: icky-icky [ Edit | View ] Date Posted: 08:28:51 05/14/01 Mon I hate to sound like a pessimist here, but maybe we should take this current gas hike as a sign. I mean, if we really want to reduce the influence of oil companies, lets do what we can to drive them into a smaller market. I mean, I know it is a tough issue because people like to drive, and i am guilty of that. I just think we should take this oppurtunity to work out ways to reduce our need for gas. These companies do have us where they want us, and it is getting bad, environmentally , economically, politically. I don't know, hate to not offer any answers, just that this is what goes through my head when I hear about gas prices. Oh, and by the way, I saw an economist on one of the news magazines just before the hikes started, he said that when the oil companies see that the public is getting ready to pay high prices, this gives them incentives to reach those high pirces. So there might besome validity to your friends claim. [ Post a Reply to This Message ]