	Agent009 "I sincerely thank you for the warning. Now I'm off to sharpen my pitchfork."
	View My AgentSpace

Analyst Predicts Gas Next Easter Will Top $8.00 A Gallon!

Agent009 submitted on 03/19/2008 Official AutoSpies Timestamp: 3:33 PM
from: www.autospies.com

[87] user comments | category: Misc News

Print this Page |

Digg It |

del.icio.us

Analyst Predicts Gas Next Easter Will Top $8.00 A Gallon!

The approaching Easter holiday may be among the last of its kind. Gas prices are touching a national average of $3.28 per gallon, according to AAA and the Oil Price Information Service. Consumers already feel the pinch of rising fuel costs. But oil and energy expert Byron King believes travelers will be begging for current energy prices by this time next year.

    "A gallon of gasoline in America today costs about 20 cents more than it did in May 2007... when oil cost only $65 per barrel," says King of http://www.energyandoil.com. Oil prices have soared since then, reaching a record high of $111 recently. "But the refiners have been eating much of that cost increase and accepting much smaller profit margins. So even if current oil
prices retreat, U.S. oil refiners will sooner or later be forced to price gasoline based on those $100-plus barrels of oil."

    That's bad news for American drivers. If gas prices catch up to oil's 70% rise since this time last year, national average prices at the pump could pass $5 per gallon and move near $6. "And what happens if oil prices keep rising -- which they inevitably will?" asks King. "Your next trip home for Easter dinner in 2009 could set you back $7-8 per gallon."

    Motor fuel already costs up to $8 or so per gallon in Britain and Germany, although much of the price is fuel tax. A fill up in Europe can easily cost $100 or more. If gas were to double in the U.S. -- American fuel would still be cheap compared with the rest of the world.

    According to King, "Politicians promise relief. But they really can't do a thing. Most of the world's oil is located outside of the U.S., and much of that is in places not known to be friendly with America. So if the U.S. wants to burn oil, it has to pay for it. And you cannot blame the
refiners who do not want to run their operations at a loss. So high costs for oil will eventually be felt at the pump."

    King's advice for traveling this holiday weekend? "Enjoy it while you can... the days of cheap gasoline are simply over."

    Byron King is a contributor to http://www.energyandoil.com, as well as the editor of two acclaimed investment advisory newsletters, Outstanding Investments and Energy & Scarcity Investor. He is a trained geologist holding advanced degrees from Harvard, the University of Pittsburgh and the U.S. Naval War College and has worked in the exploration and production
divisions of a major international oil company. He has been working, advising and analyzing the oil and energy industry for the past 30 years, and his expertise has been featured in print, radio and television outlets across the U.S.

Comments:

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters):
[img]IMAGE URL[/img]
Example: [img]http://agent004.myautospies.com/users/150/Sample-Gallery/sample1.JPG[/img]

1995e34 - 3/19/2008 3:50:15 PM

+8 Boost

and the idiots at acura don't want to build a v8. what are they thinking?

reply to this comment

LexSucks - 3/19/2008 4:16:47 PM

-1 Boost

Acura needs more than a V8 to save them. They need a complete overhaul.

Homer008 - 3/19/2008 8:13:16 PM

+1 Boost

LOL, what are you saying? Acura/Honda brands are doing great. They are infact expanding, unlike other car makers..you are nuts. Get real...You are completly a nutjob.

GreenPlease - 3/19/2008 10:11:27 PM

+2 Boost

Honestly, I'm confused as to why Acura wouldn't use their fantastic turbo 2.4 I4. Build the block and head a little stouter and 300hp/tq should be easily and safely attainable (Audi does it from less displacement).

I don't see them as a "conventional" competitor to BMW, Merc, Audi so I don't really expect to buy a booming V8 from them. Instead, I'd go to Acura expecting to get a good looking, reliable car with all the bells and whistles while still getting respectable fuel economy.

The turbo 2.4 should be capable of getting better than 30mpg in the RL.

While a lot of people criticize King, realize he's not alone in his sentiments. Simmons and Deffeyes share similar opinions. Deffeyes, BTW, is highly respected in the industry and is one of the few remaining pupil's of the legendary M. King Hubbert.

Simply put, we've reached geological limits with oil. Prices don't have anything to do with running out. We've got enough left in the ground for ~30 years at current rates. The problem is the RATE at which we can extract oil.

All fields have a depletion curve and most of the fields in production are old giants that are in decline. This is the best way I can summarize the problem:

Let's say I told you that you have $1Billion in the bank and that's all you'd ever have in you're life. Would that be enough to get by? Most people would say yes but in doing so they'd forget to ask a critical question- "How much can I withdraw daily?" If the answer is $1/day, then no, $1Billion is not enough to get by.

We might have half a trillion barrels left in the ground but the market doesn't care when the world wants 90 million bpd and producers can only put out 80 million bpd.

Lest we forget that the crude we now extract is more and more sour (heavy in sulfur and other impurities). This costs more to refine and some of that cost has to get passed on to the consumer. If anyone cares, upgrading sour crude requires the use of natural gas which is also becoming more expensive.

bmwdrvr - 3/19/2008 10:48:02 PM

0 Boost

well one problem with that engine one in its only application it gets bad epa ratings...the rdx gets dismal epa ratings given its size and small engine...maybe with another car it would be better....i dont really get acura having a V8 they lack the cache of the competition that can sell a V8, V10, V12 despite gas prices because prestige. instead why not just start using rear wheel drive that make sense, and to distance themselves further from Honda. Acura makes sense because they are relatively low price save the overpriced big accord looking RL, large amount of standard features, reliable, and decent quality. they make alot of logical sense, now just inject so passion and performance into the logic, and you dont need a V8 to do that

cdoke - 3/20/2008 12:25:08 AMView My AgentSpace

+2 Boost

"Deffeyes, BTW, is highly respected in the industry and is one of the few remaining pupil's of the legendary M. King Hubbert."

Lol. Not really. It is true that Deffeyes is relatively well known (he even graduated from my department), but his type of statistical abstraction is sort of the bastard child of petroleum engineering. It is an interesting exercise but it really does not hold much water and is not taken seriously. If you want a complete picture you go to someone with a background in natural resource economics.

07G35J - 3/19/2008 3:56:23 PM

+3 Boost

My next mode of transportation will be manufactured by Schwinn.

reply to this comment

Htay7500 - 3/19/2008 6:21:01 PM

+3 Boost

or trek & huffy.

autopro - 3/20/2008 12:14:04 PMView My AgentSpace

+4 Boost

TREK

w209w114 - 3/19/2008 4:02:23 PMView My AgentSpace

+2 Boost

Thats a picture of a Diesel Pump. Couldnt they put a better one up?

reply to this comment

1970toyotamarc - 3/19/2008 6:12:29 PM

+2 Boost

Since it's a diesel pump, maybe someone should have mentioned that diesel prices are averaging over $4 a gallon already.

Gambit - 3/19/2008 4:33:18 PM

+9 Boost

"the refiners have been eating much of that cost increase and accepting much smaller profit margins"

and yet they still manage to post record profits

reply to this comment

M35MT - 3/19/2008 4:34:49 PMView My AgentSpace

+2 Boost

LINK?????

reply to this comment

M35MT - 3/19/2008 4:35:25 PMView My AgentSpace

+2 Boost

Today's oil close:

OIL (APR) 104.48 -4.29

reply to this comment

1970toyotamarc - 3/19/2008 6:13:03 PM

+2 Boost

Wow, thank God. Oil is back below $105. Time to rejoice.

montyz81 - 3/19/2008 4:38:06 PM

+1 Boost

i am just not sure this analyst is all that accurate. The places that he mention that have higher prices have taxes on their gas and less demand for the gas due to the transportation systems in place. Demand is too high here and in China for them to be that high. The only way they would spike like that is if we ran out of oil altogether. Just so you know I am not an analyst, but it still seems a bit ridiculous.

reply to this comment

vogeygolf - 3/19/2008 4:45:46 PM

+4 Boost

First of all, this "expert" is a geologist, not an economist. He works for the oil industry. He is not an unbiased observer. He is basically a shill.

Secondly, he fails to mention that a year ago, the refinery industry was making record profits, an all-time high; that's why pump prices were so high. Current prices have already resulted in a reduction in demand. If demand drops and the refineries need to produce less, guess what, their profits will drop along with it.

There has been a lot of speculation in the oil markets. Today's oil market could be like the U.S. real estate market 2 years ago-sitting on an incredible bubble.

reply to this comment

cdoke - 3/19/2008 8:10:02 PMView My AgentSpace

+3 Boost

Some of the best qualified and most experienced people to talk about such things are within the petroleum industry, having said that they don't happen to be geologists- they would be petroleum, or natural resource economists.

The article on the above site cites one person in the article that one really needs to be in the industry to put into perspective- while he appears often in the sort of popular science versions of the news, he is almost universally disliked within the industry. I have heard some of the most respected people in the industry call him a "fat slob son of a bitch" with the threat that if he showed up within the vicinity that he would be removed by security. Another person at one time (this is a person with advanced degrees in Mathematics, Physics, Chemistry and Petroleum Engineering) called him an "unprofessional imbecile". I am not going to go into it but he has a history. Apparently, however, people do like his wife- she is in the industry as well. Last I knew he was "working" at OSU (I think it was) I notice that such has changed- I remember hearing that no university would hire him to actually DO anything.

pushrod27 - 3/20/2008 11:07:02 AM

+1 Boost

He could be right. You don't have all of the answers, Chicken Little. I don't believe it's constructive for people to start panicking and speculating. Shit happens, life goes on, eventually we get back to business as usual.

Like someone already said, if the gas price gets so high that demand slumps, then prices will go back down. At the end of the day, the oil companies want to sell oil. It only makes sense that they attempt to get the maximum possible price out of the consumer.

If we were really running out of oil, then why does the government allow NASCAR to waste fuel every weekend, driving around in circles at 200mph and spilling gas all over the asphalt in the pits? This whole thing (global warming, running out of oil) is a big hoax to spur consumer spending on new 'green' products.

It's not constructive to worry. If the uncertain future scares you, then just get yourself a gun. It doesn't matter what happens: gas shortages, food shortages, etc; if you are well armed, then you can always take what you want/need from people who have food, but no guns.

johannas - 3/20/2008 4:46:07 PM

+1 Boost

Woah there pushrod27! You make it sound like your commitment to civilized society is paper thin, buddy.

answer - 3/19/2008 5:29:19 PMView My AgentSpace

0 Boost

What if the price of gas was also based upon the mpg of your vehicle? (ie an Escalade would pay more per gallon than a Civic)

reply to this comment

LexSucks - 3/19/2008 5:40:37 PM

0 Boost

There's already a gas guzzler tax. But not on trucks.

answer - 3/19/2008 7:14:52 PMView My AgentSpace

+2 Boost

But that tax is a one time thing. Somebody pays it, and then never has to think about it again.

85bmw745i - 3/19/2008 8:08:29 PMView My AgentSpace

+2 Boost

Gas Guzzler tax is crap. If I buy a porsche or mercedes that gets 24 mpg i get taxed but if I get a hummer with 12 mpg I don't! Not fair at all. I get penalized for getting twice the fuel mileage of a suv that gets no tax? If you are going to tax then tax all of them not just luxury imports.

ATrain - 3/19/2008 8:43:12 PM

0 Boost

The Porsche (997) does not get a gaz guzzler tax. As for the Merc, it depends on the model but at 24mpg, it wouldn't.

BMW740Z4 - 3/22/2008 1:15:39 PM

+1 Boost

Obama08...are you old enough to drive?

had to ask...

Obliv - 3/19/2008 6:02:55 PM

0 Boost

Cant WAIT till its back to under 2 bucks a gallon.

reply to this comment

LexSucks - 3/19/2008 7:23:09 PM

+1 Boost

Not me. 2 bucks/gallon of gas = over sized SUVS for the mass majority of americans.

bmwfan1513 - 3/19/2008 6:18:22 PM

+1 Boost

I agree Obliv. $8 a gallon is outrageous.

reply to this comment

maikoazu - 3/19/2008 7:52:04 PM

+1 Boost

"And you cannot blame the refiners who do not want to run their operations at a loss" ???

Last time I check they were raking in Billions and Billions in profit every quarter.

reply to this comment

ATrain - 3/19/2008 8:49:15 PM

+6 Boost

This sort of rhetoric might make you feel better but the concepts are too vague to merit attention and, in reality, other forms of taxes already dwarf what you are proposing.

It would actually also represent another form of social injustice, not equal opportunity.

P.S. I think the communist system was already proven unsustainable so why bring it back?

reply to this comment

NItePhire - 3/19/2008 8:56:31 PM

+1 Boost

Umm HELL NO...Brother I am all about equality but that aint it. And Yest Barack to vote.

reply to this comment

GS450h - 3/21/2008 11:08:22 PM

+3 Boost

I hear Chavez is looking for a few good commies like you. Why don't you join him with your class warfare and leave the rest of us hard working Americans to reap the rewards of our hard work.

reply to this comment

BMW740Z4 - 3/22/2008 1:25:42 PM

+2 Boost

Wow more hateful speech from Coprius and Obama08...

What happens when "rich people" stop working because they don't want the government STEALING their money anymore????

Don't ask your Mommy and Daddy - they probably don't know the answer either.

The answer is: the economy plummets and everyone get poorer, and thus the United States of America.

You two are pathetic...again, if you live in America, please leave. Even if i liked Obama, I wouldn't vote for him because of you two.

reply to this comment

lewishamiltonpimp - 3/19/2008 11:43:49 PM

+7 Boost

Retard. The Prius LOST to a 520d.

The article is here: http://driving.timesonline.co.uk/tol/life_and_style/driving/used_car_reviews/article3552994.ece

reply to this comment

bmwman1963 - 3/24/2008 9:04:22 PMView My AgentSpace

+1 Boost

You are one of the most ill informed people I have ever met on this site. The 525d spanked the Prius' behind! Where oh where do you get your automotive info? Must be from Toyota and Lexus headquarters. I do agree we need a democrat for commander in chief and that global warming is a real problem, but if you think the LS Hybrid is doing anything but adding HP to the car you are living in another dimension. I'll give the Prius credit but the LS Hybrid "NO", just a way to squeeze 30 Large ones from the rich and famous who want to appear to be "saving the planet."

reply to this comment

huu76 - 3/19/2008 10:24:21 PM

-1 Boost

It won't happen. $8 would grind the world economy to a halt.
The corporations have to balance between gouging and pissing the public off so much the elected governments feel threatened (meaning no re-election and kickbacks).

$8.00 is 4x as much as what hydrogen costs now.

This is the final decade (maybe 15 years) of oil as fuel, so big oil needs to rake it in before they switch to hydrogen (then we'll get hosed at the hydrogen pumps). Of course, there's always the sun (which some Prius owners/researchers have proven is feasible).

reply to this comment

NItePhire - 3/20/2008 11:15:18 AM

+2 Boost

I dont agree with everything that Bush does but he is my president and will back him, He does really stupid things sometimes and i dont agree with everything he says or does but once again he is my president. Even if I voted for him or not.

reply to this comment

NItePhire - 3/20/2008 11:17:20 AM

+1 Boost

And no I didnt vote for him.

reply to this comment

Tonee - 3/20/2008 12:18:13 AM

+1 Boost

SUV's don't get a gas-guzzler tax because they are expected to get less fuel economy than passenger cars. So they tax passenger cars and other types because they are generally expected to get better fuel economy, and with some not meeting that requirement or expectation they are penalized. They can range anywhere from $1000 (ex. Mercedes-Benz S550) to $5400 plus (ex. Bentley Arnage).

There is noting we can do about rising fuel cost all I can say is either we Americans trade in are beloved SUV's for more fuel efficient vehicles or we just drive less. Since I'm not willing to do the first one ill just drive less. However at the same time the cost to fill up (if I wait till the line is just at empty, which I never do) my Ford Explorer Sport Trac Limited would be a whopping $74 @ $3.29/gal on a 22.5 gallon fuel tank. So if gas does hit $5 or more I might be considering a car!

reply to this comment

dimitri_010 - 3/20/2008 1:37:12 AM

+2 Boost

YEA AND BIRDS CAN FLY

reply to this comment

toolatetorace - 3/20/2008 9:17:43 AM

+1 Boost

I'll raise that 8.00/gal to 18.00/ gal . Watch the next person say , it will cost more to fill your car than what it's worth

reply to this comment

NiraliSherni - 3/20/2008 9:40:03 AM

+2 Boost

Maybe $8 is an unrealistically gloomy prediction, but gas prices are going nowhere but up, so people get ready for alternative energy: think wind, solar, LPG, CNG, electric, whatever. check the EVs at http://www.zapworld.com, something for everyone.

reply to this comment

Shahan - 3/20/2008 10:27:19 AM

+1 Boost

$8 a gallon? yea right.... The guy has no idea what he is talking about.
Before moving to the US, I used to live in Saudi Arabia, and could fill my 20 gallon tank for around $8.

reply to this comment

Designer1 - 3/20/2008 1:20:14 PM

+1 Boost

If this shit is true I'm the first one to start riding a bike to work.

reply to this comment

fuelfool - 3/20/2008 1:24:33 PM

+3 Boost

I don't know what these Obama kids are smoking, but they've got some twisted ideas. It's downright scary what our pathetic democrat run public school system has produced. Note that Democratic congressman Dingell out of Michigan is proposing a 50cent tax hike on gas today. One step closer to $8 gas. The great democrat tax extravaganza has already begun and Obama isn't even in office yet. Hold on to your wallet, the democrats are coming.

reply to this comment

EnnNorak - 3/20/2008 7:03:25 PM

+2 Boost

$8 gas is nonsense and today (Mar 20/080 oil dropped like a rock below $100 per barel. GM took a minority interest in a company with a process for producing ethanol from agricultural waste, wood chips etc. for under $1 per gallon. By the way, why did the Dems bring up the issue of NAFTA in Ohio, a state that typically enjoys a trade surplus with Canada, its largest trading partner and export customer.

fuelfool - 3/20/2008 2:10:11 PM

+5 Boost

The price of oil has more to do with an increased in demand from countries like China and India than anything else. Bush isn't responsible for China's increased competitiveness. Here's an idea GoObama08. Start looking to places other than MTVNews and hateful websites like thenation and the DailyKos to get your news and you might actually learn something other than hateful, false propaganda.

reply to this comment

vladyxa - 3/20/2008 5:42:40 PM

+1 Boost

I wish all these analysis, wheatherman, and similar types of fortune tellers, would pay their salaries to some fund every time they are wrong about something. They just bring panic to people, so now you all are afraid of $8 / gallon gasoline, and will be happy puppies when it cost $6.

reply to this comment

huu76 - 3/20/2008 11:32:01 PM

+3 Boost

GoObama,
Ummm, the reason the US won't attack N.Korea is for several reasons.
1. They're in 2 other wars now which really doesn't matter to someone not looking for re-election (strategic air-power is enough since real-asians don't use terrorism, we value life a little bit more).
2. The S.Koreans are more likely to hinder the U.S. than they are to just stay out of it (the U.S. can launch from Japan). The status quo is just fine for S.Korean kids since it doesn't affect their ability to show off their new economy (plus their BMW's paint job might get scratched in a war anyway).
3. China its Wal-Mart dollars will jump in and suddenly all our t-shirts will cost $10 intead of $0.99. How can Americans possibly handle not having everyday low prices?

Really, the most humane thing you can do is bomb N.Korea into submission (unless they do the commi thing and hide in cities waiting for Liberals to go nuts about civilian casualties) and have the S.Koreans feed their cousins after. However, S.Korea isn't going to do somethng that stupid, the money can be better spent competing against Japan.

Do you really think its OPEC jacking up the prices right now? They're partially to blame, but OPEC output is actually higher than demand (the reason why they were going to cut production until the US did some arm twisting). You can blame all the yuppy futures traders pushing the prices up everytime it rains (those BMW's don't lease themselves).
If you want to point a finger (there's no point), point it at China/India. Instead of using greener technology, they pollute in a race to catch up to us to show what great superpowers they are. They had a chance to start guilt free, but they screwed up.

About Obama,
If the college and stupidity vote outnumbers Clinton's, you can bet China/Russia/Europe will slap Obama around like a bitch. How much do you think oil will be when Iraq's output is surprisingly diverted to China?
Politics and world affairs can't always viewed through rose coloured lenses like the candidate of HYPE would have you believe.

reply to this comment

cad1cts - 3/21/2008 3:35:33 PM

+1 Boost

Peak oil is a myth...there was just recently a find of 400 billion barrels of oil underneath the Dakotas. Improved drilling techniques mean that all that oil will be more easily available to get.

reply to this comment

autopro - 3/21/2008 5:51:16 PMView My AgentSpace

+1 Boost

He's full of crap.Not going to happen!!!!!!

reply to this comment

huu76 - 3/22/2008 2:21:03 AM

+2 Boost

GoObama,
My parents know very well what communist tactics are. They hide amongst civilians and wait for the US bombs then let the media go wild about how America is so bad and the world would be a much better place if swell guys like Russia and China ran the show.

Usually know-nothing arts students at Universities lap it all up, that's why the Russians, now the Chinese, target them. Go look up the term "useful idiots".
These same retards never care whether genocide is occurring unless some hollywood jackass decides to make it fashionable. Why aren't the arts students protesting about Darfur and China's support of Sudan? It's much easier to criticize the gov't that you know isn't allowed to shoot you.

Here's a quote for you to think about. Your enemies are banking on it.

"This nation can never be conquered from without. If it is ever to fall it will be from within."
President Abraham Lincoln

"Our flag is red, white and blue, but our nation is a rainbow - red, yellow, brown, black and white - and we're all precious in God's sight."
Rev. Jesse Jackson
Why do protestors not see Darfur as equal enough to protest for unless the US causes civilian casualties?

reply to this comment

cdoke - 3/22/2008 3:39:48 PMView My AgentSpace

+1 Boost

Huu,

"'This nation can never be conquered from without. If it is ever to fall it will be from within.'
President Abraham Lincoln"

Just as a note, that statement actually precedes Lincoln by hundreds of years. The Baron de Montesquieu, one of the ideological co-founders of the Constitution, stated the same in The Spirit of the Laws. Large Republics, he stated, are destroyed from within not by foreign conquerors.

I agree incdientally, that there are a lot of people in colleges professors included who I would clasify as "false intellectuals". I came to this realization years ago after visiting some friends at CU- Boulder.

huu76 - 3/22/2008 2:22:40 AM

+1 Boost

Now go waste your vote.

reply to this comment

bmwman1963 - 3/25/2008 8:41:54 AMView My AgentSpace

+1 Boost

Hillary Clinton would make the best President and Obama would be a good Vice President.

I like him but he needs more time and experience. If he plays his cards right he could be in office for 16 years. That is if he runs two terms as Vice and Hillary wins both times. He then could run for President and possibly win two more terms. He would still only be 62 years old when his terms completed. Much younger than McCain is now..

I'm so sick of these Republican Hate Mongers..

huu76 - 3/22/2008 2:25:03 AM

+1 Boost

Tonee,
The Canadian Government levied a $4000 gas guzzler tax on Jeep's now. It's one step in the right direction, if only they'd do the same with trucks (and let the tax be a write-off so legit business isn't hurt).

reply to this comment

huu76 - 3/22/2008 4:08:29 PM

+2 Boost

Goobama,
You mean France who secretly purchased oil from Iraq when it was under UN embargo? Or Germany who's giving Iran credit to purchase German goods even though they're concerned about their nuclear program and its possible future use on Europe.
I don't even want to mention the weak gov'ts in Spain and Italy who yield to every terrorist act in their borders.

The right course of action is seldom the popular choice.
Churchill and Roosevelt knew this, Chamberlain and isolationist Americans didn't want to accept it.

McCain knows how to admit a mistake, you didn't see him try to talk his way out of the news conference did you?
I'm sure a few years in state politics and living in Indonesia for a couple years when he was a kid more than qualify him on foreign policy, economics etc.
McCain is a vetaran, was a POW for 5 years, has over 20years in the Senate and has served on numberous committees and he has life experience (there's a reason why there's a minimum age to be President). People who've seen war generally want to avoid it, unless they know its necessary. I think he's a little bit more qualified even if he isn't the flavour of the month.

cdoke,
I just found that on a speech transcript. I would've preferred to use "The future does not belong to the fainthearted, it belongs to the brave" but I know most ppl don't consider Reagan an intellectual. There are too many fainthearted souls in the West now.

Williston/Bakken Shales covering Montana, Dakotas, Sask and Manitobla. Est. 270-500 billion barrels of oil. I saw the guy who came up with this theory on Discovery Channel (Oil in the Canadian shield) several years ago. This would explain all the talk about Saskatchewan being the next oil patch in Canada.

reply to this comment

NoPolitics - 3/22/2008 4:53:39 PM

+2 Boost

GoObama08,

I had no idea that Obama was a car enthusiast. Maybe it would be more effective for you to say that Hillary would raise taxes on gas to bring the price to $16 per gallon?

This is a free country and I believe in free speech, but you my friend are a tool. You might find more entrainment at USAToday.

reply to this comment

Lyall - 3/22/2008 5:28:11 PM

0 Boost

This Oil 'EXPERT' is a shill for a major Oil company and is-under orders from his corporate bosses- setting the stage for all the oil companies to start a long gouge-era, that actually DOES run the price of gas up to $8/gallon. This despite the fact that all the Oil companies have already made BANNER profits this year- $40 Billion for Exxon, $32 Billion for Chevron, $18 Billion for Valero- almost $100 billion combined.
If a mass media examination of their business practices is done- it'll turn up the GORGING on Public money that this represents. Unfortunately, COngress sits in their pockets, and so this gorging will continue. I say we unit and DEMAND a PUBLIC- OPEN MEDIA examination of this BASTARD Business model- and bastard SHills like this OIL 'EXPERT'.

reply to this comment

Lyall - 3/22/2008 5:29:45 PM

0 Boost

Typo- meant to write: I say we 'UNITE' and DEMAND a PUBLIC- OPEN MEDIA examination of this BASTARD Business model.

reply to this comment

bmwman1963 - 3/25/2008 8:36:38 AMView My AgentSpace

0 Boost

Even though GoObama08 is a joke as far as his automotive information goes, I must admit that he is correct in the fact that we need a democrat in office come Jan. 20, 2009. All the stuff he says about Bush and Cheney is true.

reply to this comment

huu76 - 3/26/2008 8:28:05 PM

+1 Boost

bmwman, obama,
Name one thing North America doesn't have?
Resources, food, fresh water, a large population, innovation, free speech, human rights, tolerance.

In a perfect world, we wouldn't even need to talk to anyone else.
Europe's been riding our coattails for 50+ years now. They hate America because Republicans/Conservatives can't be manipulated like Democrats/Liberals. Look up "Noshir S. Gowadia" and see how other countries that Obama just loves are seeking to harm us (involves B-2 Spirit if anyone is familiar).

Blame speculators on the economic woes. Tech bubble, real estate bubble, soon resources bubble. The US needs a bad recession or depression to bring the "contenders" to their knees. Economics nowadays isn't about real money, it's about influence and you can't have influence without oil and innovation.
In case anyone cares, Google's stock I believe has dropped $200 since Nov, people probably realizing more free services doesn't make you money. See what effect hype has (just like China and India).

Consider yourselves lucky that nobody has the ability or resources to do any large scale fighting anywhere (thanks to oil being controlled a democracy).

People hate us, either because they can't harm us, or they're envious (why do you think N.A. is the destination of choice for immigrants).

reply to this comment

To post a comment for this story, you must first Login.

If you do not have an account, you will need to Register (It's Free!).

Most Recent Stories

Is Lexus Missing the Boat By Not Having a BMW CS Competitor?EVO Magazine: Nissan Skyline GT-R Birth Of An Icon 1989 EVO Magazine Long Term Test: Mitsubishi Evo X FQ-300 SST.....More Exciting Then The M3?2009 Suzuki SX4 Special Edition With TRIP Carlsson Tuned Mercedes GL500 With 435HP 2008 Bentley Continental GTS Black Edition by Project Kahn BMW Puts Lexus and Mercedes on Notice - But Did BMW Go Far Enough With Their New 7-Series?Bigger and more powerful Prius in the works 2008 Jaguar XKR Portfolio Limited Edition in Australia Porsche 911 Powered Trike Troubled Waters by Phoenix Trike Works Peugeot Builds 50 Millionth Peugeot Car Paolo Martin’s rendering of what the Fiat Topolino should look like Brazil receives a new Volkswagen Gol 2009 model Seat reveals schedule until 2010, includes first ever Seat SUV British companies plan a new kinetic hybrid flywheel system Tata faces a rough ride as shares drop Gordon Murrays T25 City Car Sketches Interior spy pictures of the next-generation BMW 5-series Spy pictures of the BMW X6 Hybrid New Tatra concept revealed, the 903 concept model Opel to feature the Insignia hatchback and sedan at the British Motor Show The Chevrolet Beat is being considered for the U.S market Bugatti wants a new model, maybe even a four-door-coupe Toyota Canada Reduce Retail Prices on 11 Models Maybach Exelero Concept for sale for $7.8 million Details emerge on 2010 Toyota Prius, more power and better fuel-economy 2009 Ford Focus RS images leaked before debut GM To Unleash Corvette S-Limited in Japan A Sneak Peek At Mercedes Benz's European SLR Code Name Z199 Leaked Images Have Hit The Web But The Spies Are The First With Full Details Of The New 7-Series STUD or DUD? The 2009 BMW 7 Series Leaks It Way On The Web MINI SUV to spawn a 5-door hatchback Think June Sales Were Bad? Both GM and Toyota Say Their Sales Will Fall Even Further BMW 135i with carbon fiber parts Merrill says GM bankruptcy possible AUTOEXPRESS UK: Jaguar XKR-S vs Audi R8 vs Nissan GT-R Porsche 997 TARGA Refresh Leaked Before Launch Audi A5 3.2 Quattro Review Toyota struggling to meet small car and hybrid demand Now Just What Would You Do For A Tank Of Gas?High Gas Prices Causing European Market Downturn The Good The Bad And the Ugly - Who Will Rise And Who Will Fall In 2008?Video: New Lexus RX goes testing at Nurburgring 2008 JE Design Audi Q7 Street Rocket 2008 BMW Z0 Concept Design by Andrei Avarvarii 2008 Lamberti LS1 Concept The New Kia Forte Sport Sedan 2008 Volvo & DOE Expand Drivelines 2008 Audi R8 DTM Safety Car B&B Tuned Audi TTS Sportcoupe With 362HP

More Recently Added News

Join AutoSpies

00K's Corner

Join Agent00K as she brings a special perspective to the automotive world.

Photo Galleries

AutoSpies presents the best Auto Show Photos, Automotive Videos, Car Reviews and Hot Rides.

Latest Galleries