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SUNDAY SOUNDOFF - What if Gas Hits $7.00 a Gallon???

Agent00J submitted on 05/11/2008 Official Bell & Ross Timestamp: 8:29 AM
from: www.autospies.com

[61] user comments | category: Reviews

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SUNDAY SOUNDOFF - What if Gas Hits $7.00 a Gallon???

There has been a lot of speculation lately as to when and where the price of gas may finally settle at. Analyst along with the media did a pretty good job preparing us for $4.00 a gallon gasoline, and as it quickly rises to or above that benchmark, the speculation is already beginning again as to the next new high.

Politics aside, gasoline will reach a point that compels people into different driving habits. For me personally that number hasn't been reached yet, but I know that we have been blessed tremendously with what we have and that others aren't quite as fortunate and as such the rising price of gas has had a negative impact.

If gas hits $7.00 or more per gallon, how would that affect you and your driving habits. Within the same vein however, assuming that you read AutoSpies.com because you are a auto enthusiast, which car(s) would you like to see produced as a hybrid to help satisfy your automotive craving while helping to save fuel?

Sadly with the price of diesel rising faster than gasoline, lets take the diesel option off the table and focus purely on a hybrid technology. Which cars would you like to see this technology applied to first. Obviously a hybrid Ferrari or Lamborghini while fun, probably won't cut it as your daily driver so give a little thought and offer your opinion below.

When Agent 001 posted his review of the Ford Escape Hybrid a lot of people commented about his review, but lets face the truth, current choices in hybrid vehicles are lacking. With the exception of the Tesla, there are few performance focused options available.

For me personally a BMW 3-Series hybrid which offers all of the performance of a 335i, but with the efficiency of a Toyota Prius.

Maybe we can even get 001 to weigh in here as he has had quite a bit of experience with the Lexus LS600. I know the time spent with that car is more than just a simple road test up and down the 5 Freeway in Southern California, and as such the insight he has to offer is appreciated here as well.

What would you like to see as a hybrid and why???

SUNDAY SOUNDOFF - What if Gas Hits $7.00 a Gallon???

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t_bone - 5/11/2008 10:16:42 AM

+2 Boost

I'm looking forward to pure electric vehicles. It's too bad that the development of it is being spurred by an economy-killing fuel crisis, but coming out of this is going to be a renaissance of car designs. It's going to be much more diverse and fun out there.

reply to this comment

moto - 5/12/2008 11:00:22 PM

+1 Boost

gooch, let's do some research. I recommend we start with the Energy Information Administration. At www.eia.doe.gov/emeu/international/reserves.html, you will see several calculations of published proven crude oil reserves. The latest calculations by Oil & Gas journal in Jan 2007 indicate approximately 1300 billion barrels of oil are in the ground. Now go to www.eia.doe.gov/oiaf/forecasting.html and you will see a handly little PDF of worldwide oil consumption. The EIA even projects future consumption growth, we're at a little over 80 million barrels per day now, and growing.

But let's not overdo it, there is a wide band of predictions for the future based on thousands of factors. Let's just take a static snapshot, today's proven reserves divided by this year's world.

1.3E12 x 8.0E7 / 365 = 44.5 years of oil left at today's rate of consumption.

If you believe that we are finding more oil faster than our demand is increasing, then you are an eternal optimist. Realists believe that we have less than 50 years to completely replace petroleum for motor fuels, and that extreme conservation measures should be planned, if not executed, very soon. $7.00 per gallon is a pittance compared to what the price will be in another decade or two. Remember, Saudi Arabia doesn't have to sell anything to anyone if they choose not to do so. They have the pricing power and can dole out the oil drug however they choose.

kablaam - 5/13/2008 6:02:22 PM

+2 Boost

$7.00? Less people on the road....less pollution(and related health issues)...less MVAs( and related death/injuries & property damage) resulting in lower insurance premiums....

Then again, who am I kidding!

204E60 - 5/11/2008 10:28:52 AM

+7 Boost

I think the premise of this topic is a little off.... It's not a matter of "if" gas goes to $7.00/gallon, it's when. The combination of global oil demands, a very weak dollar and the perpetual crisis conditions of places like Nigeria and Iraq means that oil/gasoline will only go up. After all, there was a post on AutoSpies a couple months ago with predictions that gas will be $8.00/gallon by April 2009. It can't come as a surprise to anyone that all the years of driving bigger (in the U.S.) and bigger vehicles would come back to bite everyone. Hybrids are one option. Generally speaking, we all should be driving smaller cars, whether hybrid, electric or conventional. Very few people actually NEED an SUV.

reply to this comment

Rybold - 5/11/2008 6:32:38 PM

+4 Boost

If you look at oil trends for the past 25 years, you will notice something very interesting. Beginning in the 1990s, when SUVs began gaining popularity, oil consumption skyrocketed. There is only a limited supply of oil in the earth. What we did by popularizing SUVs, which "guzzle" gasoline, was very unwise. Full-size SUVs get about 0.5 to 0.33 the gas mileage of the average car on the road. So basically, for the past 18 years, we've been consuming DOUBLE the gasoline that we had previously been consuming. Smart way to plan for the future? According to the April 2008 issue of Popular Mechanics magazine, at the current global consumption rate and based on all known oil deposits, oil will run out in the range of 2025 to 2030. If we don't begin transitioning auto production to hybrids and eventually an alternative form of energy, we will be setting ourselves up for disaster.

gooch - 5/12/2008 8:39:24 AM

+1 Boost

Rybold, "known" oil desposits where? Saudi Arabia has enough "known" deposits in one field discovered in 1990 to provide for the world's needs by itself until 2050. If we were that desperate for oil -- 2030 is not far off -- please believe me, the American government would be absolutely scrambling to get something else developed, get the infrastructure in place and get the pricing conventions in place. Believe me, there's plenty of oil. In fact, there will be plenty of oil even after a viable alternative source is developed. The price of oil is determined by the supply and speculation.

Batman219 - 5/11/2008 11:33:31 AM

+4 Boost

I don't currently drive a SUV and my car gets adequate if not great gas mileage. The prices won't affect my driving habits. But it will affect my future car purchases. I'll always drive a sports car but recently I've given thought to getting an SUV as a winter beater/general all purpose vehicle. Surging gas prices will definitely make me rethink that idea.

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lexusis350 - 5/11/2008 12:03:19 PM

0 Boost

If gas is $7 per gallon, I'll have to do a desparate thing and buy a Chrysler product. Three years of gas for a price of $2.99 a gallon and a lifetime powertrain warranty. I wouldn't want to buy one of those, but a lot of people might resort to that.

reply to this comment

toolatetorace - 5/11/2008 10:10:51 PM

+1 Boost

If it does hit 7.00/gal the will be talking about 14.00/ gal.

Georgemia - 5/16/2008 1:11:10 AM

+1 Boost

I'll keep my V8 powered car for a while- Cars are more expensive than gas, and it would take years to recoup the cash lay out for a new car, if that ever happened, at all.
I already drive as little as possible, cycling and walking, because it's good for me, good for the environment, and good for national security.

SteedPub - 5/11/2008 12:08:50 PM

+8 Boost

What if a 747 crashes on my house? What if interest rates go up? What if global warming is true after all? What if my spouse really hates me? What if I get fired? What if I get a pimple?

Oh the worry!

reply to this comment

204E60 - 5/11/2008 3:27:10 PM

-1 Boost

You know what? Now that you've brought up those worries, your karma will make all of it happen. Be careful what your worry about!

coprius - 5/11/2008 8:59:34 PM

-4 Boost

204e60 brings up an important point. It's not just oil you fat, white repugnicans are consuming with your "american made" SUVs. Your also consuming another precious resource. It's called kARMA! It's just as real as the oil you're polluting the planet with. Your environmentally unresponsible behavior is draining your karma reserves just as quickly as it is the oil in the ground. You think it's just costing you $4 a gallon? HA! That doesn't begin to calculate the cost on the human energy that surrounds you. I drive a Prius and I can honestly say that my karma has actually improved. Even friends have commented on this fact.

Barack the vote!

SteedPub - 5/12/2008 12:03:25 AM

+4 Boost

I am not worried about any of those things I mentioned.....and especially not kharma. The Lord my God, doesn't do "kharma". That is the quicksand of fools who live in the imaginarium of self importance.

And Coprius, who said I was a republican who drives an American made SUV? My German made diesel car gets 47mpg.

Perhaps your bigoted, better then thou attitude represents the type of "change and hope" your candidate will bring to "unite" America. Good for you.

fuelfool - 5/12/2008 12:47:57 AM

+6 Boost

Am I the only one here who thinks "Coprius" is an idiot? Your "karma has actually improved" from driving a Prius? And your friends have noticed? Wow. We're f****ed if the rest of Obama's supporters are as brain dead as you are. And if this comment gets deboosted more than Coprius' comment then we're more f****ed than I thought.

bfghemicuda - 5/16/2008 8:52:12 PM

+1 Boost

coprius, Its people like you that destroy the foundation of this contry which by the way gives you the freedom to say the crap you do. This is a car site.

0to60 - 5/11/2008 1:11:49 PM

+3 Boost

I would like to see a cost effective lineup of hybrid vehicles offered by Infiniti and BMW. I think they have the ingredients to put together a hybrid that performs.

reply to this comment

toolatetorace - 5/11/2008 10:13:34 PM

+1 Boost

.....and I would like to see Rambler come back to life

S4cabriofoxone - 5/11/2008 1:58:09 PMView My AgentSpace

+4 Boost

I don't want a gas hybrid, I want a diesel, or better yet a diesel-hybrid.

The perfect sedan, IMO, would be a BMW 3 Series diesel-hybrid or Audi A4 diesel-hybrid. Out of what you can buy today, though (and not just in the US), it would similarly either be a BMW 335d or Audi A4 3.0TDI. They are both quite quick and get over 40MPG on the highway.

reply to this comment

Rupert - 5/11/2008 3:04:49 PMView My AgentSpace

+2 Boost

'For me personally a BMW 3-Series hybrid which offers all of the performance of a 335i, but with the efficiency of a Toyota Prius.'

You want miracles???

reply to this comment

Chip - 5/11/2008 3:23:10 PM

+2 Boost

My 335i gets fantastic gas mileage for the performance, but if gas hits $7.00 by April 2009 when my lease is up, I will be getting a 335d no question.

reply to this comment

tcatnat - 5/11/2008 5:22:54 PM

+1 Boost

For me the moment has arrived. The lease on my A4 is up in mid August and yesterday I placed an order for a Camry hybrid. Really didn't want to but I commute 30 miles each way to work and make frequent trips of 200+ miles round trip up to the NY metropolitan area for work and family visits. For those familiar with the area it took me 2 hours to go from JFK airport to the Verrazano Bridge last weekend; a distance of about 10-12 miles.

I plan on eventually getting rid of my Ford Explorer also. For now it's not bad since my wife works only five miles from the house and outside of that it pretty much sits in the driveway. The price of gas isn't really hurting my wallet yet but it's only going to get worse and I can no longer justify paying the premium for a lower gas mileage car. I was really interested in checking out the G8 GT but could no longer justify it.

I would much rather put that extra money into my home or vacations or my childs college fund.

BTW, when I went to order my Camry the dealer was packed and every conversation bar one was about the Prius. My sales guy said they cannot keep them in stock.

reply to this comment

Rybold - 5/11/2008 7:05:24 PM

-1 Boost

I understand what you mean about being able to afford it. Compared to my income, the price of gas is negligible. BUT, my father and grandfather always told me to never outright waste money when I don't need to. When I graduated college, I lived as inexpensive as I could for the first few years, which allowed me to save for a house. I still had my 4-cylinder ten-year old car parked in the driveway of my house. Eventually, after keeping a tight budget, I was able to buy a "certified pre-owned" one year old BMW 528i. My wife is still driving a darned Explorer too, and she's getting about 15mpg based on the way she drives. Her and I have been talking about getting her into a pre-owned Prius with leather seats.

Htay7500 - 5/11/2008 7:06:37 PM

+1 Boost

I'd leave my (own) car and take it only to work. the metro is always a walk away...

reply to this comment

Htay7500 - 5/12/2008 4:12:01 PM

+1 Boost

*take the metro.

LexusLion - 5/11/2008 8:01:43 PM

+2 Boost

This is the worst I've ever seen my country. Mission Accomplished, Bush, you have accomplished not only the Iraq war but accomplished being the worst U.S. president ever. Thanks for screwing my country up...

reply to this comment

coprius - 5/11/2008 9:05:34 PM

-1 Boost

Amen. Anyone who doesn't realize that it's Bushs fault that oil is so expenensive has their head in the sand. He was president while this happend and it can't be just a coincadents.

fuelfool - 5/12/2008 1:01:04 AM

+1 Boost

I realize it's en vogue to blame Bush for everything from hurricanes to bad hair days, but just how exactly is Bush to blame for the price of oil/gas? Oil prices are higher, in large part, because of increased consumption by growing economies such as China and India. Again, not exactly Bush's fault. Another factor is the low dollar—a complicated matter caused more by credit issues caused in part by relaxed lending practices championed by Clinton and irresponsible borrowers than any policy enacted by Bush. The fact that major oil fields are controlled by regressive regimes in Russia, Iran and Venezuela is also a factor. As are the speculators. Of course, the fact that leftists have blocked domestic oil extraction in Alaska, Florida and California while decrying America's "dependence on foreign oil" hasn't helped. Nor has their repeated blocking of new refinery construction and nuclear power plants. You know, like the ones France gets most of it's power from. Blaming Bush is lazy, disingenious and a cop out. The real reasons are far less simplistic and easy to remedy.

fuelfool - 5/12/2008 1:07:33 AM

+3 Boost

Oh, and Coprius, my favorite Obama supporting idiot, the fact that Bush was in office while gas prices increased is not reason enough to lay the blame at his feet. Don't confuse correlation with causation. (no, I don't really expect you to understand what I'm saying.) If your logic were correct you would have to blame the democrats who took over congress just before gas prices shot through the roof.

simmonsdp - 5/12/2008 4:55:50 AM

+1 Boost

Way to go fuelfool, Thanks for setting the record straight I am getting tired of these naive people and their comments. Its the Democrats that failed us and will get even worse if Obama achieve's office......

tcatnat - 5/12/2008 6:00:32 PM

0 Boost

If feel for your ignorance. Was it Bush in office in the 70's when we had odd/even gas days and lines were a quarter miles long. Must have been.

tattedtwice - 5/12/2008 7:27:15 PM

-1 Boost

"This is the worst I've ever seen my country. Mission Accomplished, Bush, you have accomplished not only the Iraq war but accomplished being the worst U.S. president ever. Thanks for screwing my country up..."

*applauds*
You deserve a standing ovation. Anybody that calls out that countrified idiot for being the WORST thing to happen to this country speaks the truth and should be heard.

Pay no mind to the conservative birds with their heads buried in the sand, refusing to believe their useless president has ruined everything. I do love how they deflect and say it'll be worse WHEN Obama wins. My thing is, a trained chimp could do better than that fool we have now, and so will B.O.

fuelfool - 5/13/2008 1:53:26 AM

+2 Boost

Tattedtwice comes back with a classic liberal response. All hate and blame and nothing in the way of substance or fact. Just for a minute stop letting your emotions rule your thinking and explain, rationally and factually, how Bush is responsible for the price of gas. And don't bother with the pathetic and predictable "he invaded Iraq" response either. That's not what's driving the price of oil. Just curious "Tattedtwice", do your two tattoos consist of your address and phone number in case you get off at the wrong bus stop? Or is it an L on one hand and on R on the other so you don't get your directions mixed up?

coprius - 5/11/2008 9:06:02 PM

-6 Boost

Barack the vote!

reply to this comment

toolatetorace - 5/11/2008 10:05:17 PM

0 Boost

What still amazes me is that we were poised to to run out of fuel in the seventies , The global oil diptick was not even showing any crude oil on it and here we are , running out again 35 plus years later and we are not even having shortages to ramp the price up even further like it was back then . Now they ran out of excuses and raise the prices because they can. .

reply to this comment

AlexTx - 5/11/2008 11:18:25 PM

+1 Boost

And that is why right now and for the past 2 years I have been riding my 2 Vespas... can't beat 70 mpg... :)

reply to this comment

mercuryguy - 5/11/2008 11:49:47 PM

+3 Boost

2-Wheel Drive Diesel, 8-speed Stick Shift = 50+ MPG (Even for a larger vehicle)

This is cheaper, better technology, and less costly to maintain over the life of the car.

The Big 3 just refuse to build them.

Too many marketing analysts doing demographic studies and thinking V6 is a great logo for a brochure.

We need more engineers and less marketing experts.

reply to this comment

DexDiamonds - 5/12/2008 11:54:41 AM

+3 Boost

Total agree about the more engineers and less marketing experts!!!! Great point.

993Turbo - 5/14/2008 7:39:04 AM

+1 Boost

I have a diesel and love it but the fuel used to be more stable than gas. Now that it's gone up so much, the efficiency advantages have been eaten up by the rise in diesel prices relative to gas.

mercuryguy - 5/11/2008 11:56:03 PM

-3 Boost

In the 70s, At least Jimmy Carter came on the TV in the evening and talked with the American people. He leveled with people in an honest way.

Today we are told what to do. We just follow along in the blame game.

reply to this comment

SteedPub - 5/12/2008 10:35:11 AM

0 Boost

At least he talked to us?

Wow.

dimitri_010 - 5/12/2008 1:23:45 AM

+1 Boost

segway dominated highways.

its the future

reply to this comment

Bmw8ter - 5/12/2008 8:25:44 AM

+1 Boost

Fuel prices have blown my dreams to pieces at this point in time. I was set to get a BMW 335XI at the end of this month, but with fuel cost increases, I've put that onhold; I'm not even considering the 335d at this time because the cost/mileage ratio is narrowing between diesel and petrol.

Hopefully by October when diesels start arriving(if they arrive), costs will have come back down. If not, it'll be a hybrid from here on out.

reply to this comment

gooch - 5/12/2008 8:45:37 AM

+3 Boost

Thank you, fuelfool. China and India have increased consumption, but production remains at or near the same levels as in the 1990s. Prices will go up when demand outstrips supply.
Bmw8ter, I'd say wait for the 335d and ride the wave of 35mpg torque to nirvana.

reply to this comment

moto - 5/12/2008 11:39:42 PM

-1 Boost

Worldwide oil production rose slowly in the 1990's, thanks to Japan's big recession and a couple small recessions in the USA.

But why look at only the last decade? The full story is on Figure 3 here: www.eia.doe.gov/pub/oil_gas/petroleum/feature_articles/2004/worldoilsupply/oilsupply04.html

Those green projection lines are 0, 1, 2, and 3% growth in production ("recovery"). You can bet that, with 1.3 billion people and a ~9% annual growth in fuel demand, prices and production will rise to meet their purchasing power. Sadly, we cannot with good consience advocate pumping oil faster to bring down prices. The Feds predict that the faster we pump oil out of the ground, the more dramatic the production crash!

Bottom line: get in shape, we might be riding bicycles to work in 2050 (and that includes people who should have retired in 2040, since Bush squandered the US federal budget for decades).

2ndbimmer - 5/12/2008 10:48:47 AM

+2 Boost

it is interesting how people write facts of how we will run out of gas in 2025. i have heard that our oil supply will last us until 2200 even with our exponential consumption.

reply to this comment

DexDiamonds - 5/12/2008 11:43:45 AM

+1 Boost

Well funny enough $7.00+ is my cut off. Any higher than that and I'm trading in my everyday car for a Corvette as my weekend/ track car and my everyday mode of transportation will be my motorcycle. Public transportation, which here in NYC is very overcrowded as it is, will be my rainy day option.

reply to this comment

Whelan - 5/12/2008 12:39:10 PM

+1 Boost

It already is $4 a gallon where I live. 4.09 at my office, 3.93 at home. So the analysts and there 3.72 can kiss my @$$! Who is paying 3.20 a gallon still that is causing the average to be so low. They should do it regionally not nationally, cause it fluctuates soo much depending on where you are.

At $4 a gallon I'm still driving, a LOT slower, but driving. I've managed 280 miles to a tank consitently in traffic instead of my average 223 just by slowing down.

reply to this comment

mercuryguy - 5/12/2008 3:29:23 PM

0 Boost

While riding my bicycle, I now notice people running red lights, and I mean it is a constant occurrence now. I think people are afraid of idling at light now, and the cost to reaccelerate the car.
It is getting dangerous to cross the street on a bicycle these days.

I like motorcycles, but I would never ride one with the road rage and daily accidents you see these days. People are just reckless today.

You never saw this many accidents years ago, not at these daily levels.

reply to this comment

SteedPub - 5/12/2008 7:14:50 PM

+4 Boost

Interesting that national death rates are lower. I think your perspective on things is only as deep as your perspective on things.

bayareaspeedracer - 5/12/2008 4:00:34 PM

+3 Boost

well, let's be honest.. if gas prices go up that much, we'll have to not drive as much. I'm parking my ass square in the middle of town and growing vegetables on my lawn.

reply to this comment

NARunner - 5/12/2008 9:01:58 PMView My AgentSpace

+2 Boost

smartest thing anyone has said...what if gas goes to $7? Well, it won't stay there long because demand will fall like a steel balloon. Simple supply and demand...we're all still buying @ $4...but at $7, people might start to really conserve and prices will ease.

similar to the real estate bubble that just burst in the US, we're looking at a possible commodities bubble as well...and if history teaches us anything, this bubble will burst as well if prices continue to inflate at the rate they are going.

RefuG - 5/12/2008 7:28:43 PM

+4 Boost

Do you guys realize how ignorant y'all are?!? Especially us that live in USA. No offense, theres many smart ppl on AutoSpies, but $7 per gallon by next year is NOTHING compared to what other countries are paying RIGHT NOW.

Example:

1. Bosnia $10.86
2. Eritrea $9.58
3. Norway $8.73
4. United Kingdom $8.38
5. Netherlands $8.37
6. Monaco $8.31
7. Iceland $8.28
8. Belgium $8.22
9. France $8.07
10. Germany $7.86
.
.
.
.
111. United States $3.45

As of late March 2008.

So we need to all come down!

reply to this comment

irie77 - 5/12/2008 9:50:23 PM

+2 Boost

I'm hoping this trend shifts the US SUV owners into wagons and therefore begin to get the great wagons (the ulitmate sleepers - RS6, M5 etc.) in Europe begin getting popular here in the US while the price reduces due to volume.

reply to this comment

S4cabriofoxone - 5/12/2008 10:33:24 PMView My AgentSpace

+1 Boost

Um, those wagons get terrible mileage too. It's the diesels and diesel-hybrids that will really make a difference.

moto - 5/12/2008 10:24:10 PM

+2 Boost

If the price of motor fuel rises, we Americans will do what we always do: pull out the credit card.

We then attend church on sundays to pray that we die before Visa and Mastercard come to repossess all the imported disposable junk we "bought".

reply to this comment

BocaBMW - 5/13/2008 12:54:35 AM

+1 Boost

no more politics on this site...if all you have to do is push Obama and slam Bush then get the heck off here and go to a policts site....

i love how the liberals have invaded even car sites......

reply to this comment

993Turbo - 5/14/2008 7:44:04 AM

+1 Boost

They are like a bad rash

xlr8 - 5/14/2008 11:45:23 AM

0 Boost

wont matter to me I will still only pay 1.00 dollar a gallon in Bahrain :D

reply to this comment

AROD550I - 5/15/2008 6:15:52 PM

+1 Boost

Then it will be just more expensive.

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2007Tahoe - 5/15/2008 9:22:01 PM

+1 Boost

I think the biggest problem is that many of us are stuck driving vehicles left over from the 80's and 90's.. And if it's anything like my situation, any money that could be used on a newer car is being put into maintaining the current pile. Add to this a city with a useless bus system and jobs sprawled out too far for biking....

So I guess we can easily afford the 7 bucks a gallon. [/sarcasm]

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