Poll: How Long do You think the Gas Price Crisis will last?

1. Not Very Long.
It's nearing the Top. It will settle down.
6 months to a year. People are Smart. They are already taking Action. Trading in their SUV's, Gas guzzlers...Purchasing Hybrids...Car Pooling...Mass Transit...Using Motorcycles, Scooters, Bicycles...Tele Commuting... No Choice but, to look at Alternatives...
They are having an effect. Gas consumption is down...Truck...RV sales down...Less driving and long trips.
Sending a message, they are not going to wait for Government Solutions.

2. About a Year to 18 months...
New President. New Energy Policy.
Appoint a "Energy Czar" or Commission.
The Government will step in and Institute New Controls and Regulations on the Oil Companies. Windfall Profit Tax...
We need an Effective Energy Policy.

3. It will be a lot longer than most people expect. No telling how high gas, fuel and energy prices will go. Will go on 18 months / 2 years plus+
It could be a long, long time. No Real End or Solution in sight.


MR LUV

 

It will last until people stop buying it.

 

^ What he said.

 

The days of cheap fuel are gone forever. Next year, $5/gal is going to seem like a great deal.

Time to adapt and evolve.

 

Exactly. There might be a few dips in the price from time to time, but it's never going to stay low again. Fossil fuel is a non-renewable recource with an ever increasing demand. This is why I just bought a scooter for my commute. As long as the weather allows it, I can get back n forth to work for an entire week on less than one gallon of gas.

 

^^ Pretty much. I do not foresee gas prices getting any lower (at least not substantially) in the near future.....

 

i say option #2..

 

Peak Oil

- the cheap easy-to-get oil is almost done.

- we will never really "run out" of oil BUT the oil that can be gotten will start to get more prohibitively expensive to get out of the ground.

 

I'm going to start experiementing on lab rats on growing wings that are fully funtional so they'd be able to carry themselves and then some :D Then experiement on people! People with wings! Omg

 

Great Idea! Not a novel one, though.
ICARUS already tried that in Ancient Greek Mythology and you know what happened to him OMG!

http://www.pantheon.org/articles/i/icarus.html

MR LUV

 

it will continue until one of two things happens:

1. Prices get set by the free market, absent futures trading, not OPEC or related organizations
2. A cheaper alternative fuel is made easily accessible and affordable

 

That's because Icarus made his wings out of feathers and wax and flew "too close to the sun." If our DNA was mutated to allow us to grow actual wings, that wouldn't be a problem =P

 

I predict by the time I finish paying off this car (2010). Gas will be $8-$9 dollars a gal.

You heard it here first.

 

Yea, I think the days of cheap gas are over. They have been paying an arm and a leg in Europe for a long time.

 

The Point was the idea of Human Flight with wings (artificial or not) was not a Original Concept
and was around thousands of years Before anyone heard of DNA.
Any Realistic Expectations that DNA can mute Wings for Human Flight
will be when Pigs Fly

MR LUV

 

or we are allowed to drill into our domestic oil fields. We have them, they can relieve pressure at the pump..... but it only delays the inevitable.



..... The gas price bubble will pop but we won't be at the prices we were years ago. Asian economies are removing gas subsidies which will hopefully kill some demand in their countries.

 

Also, I guess we should use everyone elses oil first anyway. think about it.

 

Analyst Predicts $7 Gas by 2010


CBS News

(June 27) -- A new energy report predicts $200-a-barrel oil in as short a time as two years. If that happens, gas would likely go up to $7 a gallon - and that would have an enormous impact on the way Americans live.

Mitchell Igelko in Miami complains rising gas prices are threatening his 20-year-old landscaping business. His two biggest trucks sit idle - he can't afford to fill them up.

Right now, Igelko's business averages $30,000 a month in gas - at $7 a gallon, that would jump to about $50,000 a month, CBS News correspondent Priya David reports.

"I think at that time, I'm gonna put a sign 'gone fishing,'" he said.

Economist Jeff Rubin predicts the $7 mark will arrive by the year 2010.

Hardest hit will be those for those making less than $25,000 a year. For them, gas will go from 7 percent of their income to a whopping 20 percent.

"People are going to be spending more on gas than they are on groceries," said Rubin. "And that's not a sustainable choice."

In fact, by 2012, higher prices could send an additional 10 million vehicles off the road.

It would certainly ease congestion. Having that many cars come off the roads is like permanently parking twice as many cars as there are in the whole state of New Jersey.

Some look to Europe for solutions to the skyrocketing gas prices.

"They drive these nice little cars which maybe we should start doing," one U.S. driver said.

Expensive gasoline has led Europeans to also drive less than we do. In America, over 90 percent of all households commute to work by car. Compare that to just 60 percent of British households.

"People's entire mindset as to what kind of vehicles they drive, where they live, choices they make on holidays, and vacations are going to be quite different, because it's starting to bite," said Joseph Romm of climateprogress.org.

For Mitchell Igelko, $4 gas is trimming his profits, but $7 gas would be a knock-out blow.


CBS News

 

^ What that reporter forgot to mention is that in Europe everything is closer. I can tell you that here on Long Island i have friends who live over an hour away. Try and ride that on a scooter and your sure to end up street pizza. Heck, i drive 10 miles one way to work. That would be about as far as i would want to go on a scooter.

The price of fuel will remain high until our government steps in and puts an end to speculation and those who are purposely driving up the cost of fuel to make a profit. Lets not forget that our own president has vested interest in oil. That would explain why so many are losing their jobs, going hungery and cant make it and our president is no where to be found. Its hurricane Katrina all over again.

 

I drive roughly 60 miles every work day round trip. I work with people who drive 180 miles round trip. They are talking about getting a few of them together and just renting a cheap motel room during the week.