#1
Since the oil spill incident in the Gulf of Mexico, I've been wondering how high gas prices will skyrocket in the coming months, and what the pit thinks, and more importantly what it will do in the absence of vehicles. If I don't have a job and gas goes up too high, I'm gonna have to conserve like no other. Maybe I'll break out the old Huffy.


Nahh . Oh, and I will be awaiting the Metal Gear Solid 2 references as well.
GAS LIST

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#3
Contrary to what you would think gas prices have actually been going down since the spill. So I don't know what to expect. But I do know that the prices will go up at least a minimal amount because of the increased travel during the summer time.
#5
Dammit, you just made me realize that gas will go up.

Fuckin' ace. I won't be able to afford driving, right after I get my license.
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#7
Quote by captaincrunk
Honestly, it's not like that oil tanker had like the world's supply in it.


Nope, but the 210,000 gallons a day coming out of that hole in the bottom of the Gulf of Mexico should make a pretty good dent.
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#8
Gas prices have been going down since the BP accident. You guys know what this means don't you? The British are still fucking with us. No Gasation without representation!!!!!!
Fuck you Britain!!!!!!!
Goddamn Tea party lunatics are right.
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#9
The amount spilt is insignificant in relation the the worlds oil reserves and the daily production. Many oil companies are pumping upwards of 500,000 barrels of oil per day. I believe prices will begin to rise shortly as the summer driving season begins.

At least I hope so, I just loaded up on oil stocks!
#10
Quote by Jackal58
Gas prices have been going down since the BP accident. You guys know what this means don't you? The British are still fucking with us. No Gasation without representation!!!!!!
Fuck you Britain!!!!!!!
Goddamn Tea party lunatics are right.

I think we should have a Gulf of Mexico oil party to revolt... wait, nevermind.
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#11
Quote by i_don't_know
I think we should have a Gulf of Mexico oil party to revolt... wait, nevermind.




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#13
Just a thought.

Maybe they lowered their oil prices a little bit so people wouldnt super hate them? Maybe they were like, "Well, if people see the oil spill AND the fact that gas is $4 a gallon, theyre gonna be hella pissed. So lets at least lower gas a little."

And then all the other oil companies have to follow suit because if one company sells at a lower price, so does everyone...?

Yea, its a dumb idea I know
#14
Quote by Jackal58
Gas prices have been going down since the BP accident. You guys know what this means don't you? The British are still fucking with us. No Gasation without representation!!!!!!
Fuck you Britain!!!!!!!
Goddamn Tea party lunatics are right.

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#15
Quote by i_don't_know
I think we should have a Gulf of Mexico oil party to revolt... wait, nevermind.
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#16
Prices have gone down about 20 cents here in the past couple of weeks, weirdly enough.

BUT, if they do skyrocket, I'll be riding my bike more often than I do. I only drive as much as I do now because I live WAY out of town.
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#17
The irony of the situation is that where I live the prices have started to go down.
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#18
Quote by crazy8rgood
Oddly, I think gas prices around here have going down since the spill.
This. They've gone down about $0.25-$0.30 since the spill in my area. They can spill all the damn oil they want if this trend keeps up. /kidding.

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#19
We don't know, only the oil companies do. The main problem isn't the supply side of the equation-it's the demand. There's an endless demand for oil, when you think about it virtually everything requires oil to some capacity (transportation, shipping out any Tgoods, plastic, etc.). This is just a blip on the radar for the oil companies (aside from BP). There's a reason why 4/5 of the world's largest corporations are in the oil business


edit: anyone else notice whenever some large backlash happens against the oil industry, prices mysteriously drop for a while? Hmmmmmmm
Last edited by FifthHorsemen at May 27, 2010,
#20



I would think it would only have an impact on BP stations and other places that sell BP gasoline. Not sure if they sell their oil to other companies or not though.


But in reality it is probably only a small portion of their oil production, so I doubt it would have a huge impact anyway.
#21
Quote by Jackal58
Gas prices have been going down since the BP accident. You guys know what this means don't you? The British are still fucking with us. No Gasation without representation!!!!!!
Fuck you Britain!!!!!!!
Goddamn Tea party lunatics are right.





Nothing more to say.


OT : to be honest with the gas prices falling since this spill, it's a toss in the air. Maybe OB has decided to change the age old policy of gas prices rising in summer
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#22
They'll go up, because the average American is too stupid to realize that the amount of oil spilled is not very relatively significant. It's just an excuse to make OPEC Execs a couple hundred grand richer.
#23
They won't go up, or they shouldn't. I believe the barrel is at it's lowest it's been in years. Yet they only lowered the prices slightly in comparison. So right now they are gouging us heavily, but we don't notice cause the prices are still lower than they were. The barrel has to go up quite a bit for them to justify a price hike.
sigh...
#24
It's really not enough to significantly affect supply. I think the cheapest year ever for oil was 2000 or something like that (in real dollars), it just appears so expensive at times because prices fluctuate more noticeably than with other goods.
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