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#1
So I don't know about the rest of you, but gas prices around here have dropped quite a bit (Down to about $3.50 per gallon). People have been talking about how much nicer it is that the price has dropped, as it was about $4.10 per gallon just over a month ago. I too, thought it was nice. And of course, it is nice. But, are people really saving that much? If someone was filling up a 16 gallon tank at the price of $4.10, it would cost $66. However, if someone filled up that same tank at $3.50, it would cost $56. That's only a difference of $10, an amount most people would spend without giving much thought, yet people view it as a huge difference. Anyone else find this odd? Even more so when people obsess over a difference of a few cents.

PS This isn't a topic to complain about how the prices are higher elsewhere, so please don't bring that up.
#2
I think that people who drive their cars every day would feel a huge difference over a year, or even a month. So, they're not obsessing imo.
#4
well, when you have to fill up your tank every week or two weeks, that extra 10 dollars is a lot if you put it into perspective. i think it's nice that gas is down to about $3.70 a gallon where i live, but it's still very high from what it was a year ago.
#5
60 cents less per gallon means every 7th fill-up is now "free"

Although i'd prefer it to be ALOT lower still.
#7
Quote by freedoms_stain
$10 is actually 1000 cents.

Obviously, but I was talking about people who will drive a mile to get gas at $3.50 instead of $3.55.


I think that people who drive their cars every day would feel a huge difference over a year, or even a month. So, they're not obsessing imo.

Yeah, it does add up, but people were talking about how hard it was to buy gas, and now (at least around here) they've stopped.
#8
It is a lot considering how often you fill up.
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#9
Quote by Jeremy Clark
60 cents less per gallon means every 7th fill-up is now "free"

Although i'd prefer it to be ALOT lower still.

oooooh, nice one. i wouldnt have thought of it that way, but i would have agreed it is much cheaper.
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#10
It adds up. Around here I pay £1.33 a litre at the moment...so count yourselves very lucky
#11
the gas company raises it to 4.10 then lowers it to 350 and suddenly 350 is a bargain when just 2 years ago u wouldnt have settled for anything above 3.00 its sad the prices will never go back down to normal trust me
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#12
You lucky buggers in America should consider yourselves lucky, it's averaging about £1.17 per LITRE here (about $2.30).
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#13
wait why are we lucky when it costs twice that here?

EDIT: oh i didnt see that u said per liter
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#14
Quote by andyd93
You lucky buggers in America should consider yourselves lucky, it's averaging about £1.17 per LITRE here (about $2.30).

Did you even read my damn post? I said this isn't the place to complain about the fact that prices ar higher else where. You probably just saw the title and jumped at the fact to complain about how "terrible" you have it.
#15
Quote by Spamwise
Did you even read my damn post? I said this isn't the place to complain about the fact that prices ar higher else where. You probably just saw the title and jumped at the fact to complain about how "terrible" you have it.

I wasn't aware I had actually said you were complaining. I was simply saying that you are lucky to have it so cheap, and enjoy while it is still cheap, because soon things will change and you'll be like every other bloody country in the world.
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lololololol that was epic andyd93. you just made my day


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#16
Well the thing is, is that its all psychological. I understand what you are saying, as "hey look, 10 dollars isnt that big a deal, I spend 10 dollars at 2 meals at Mcdonalds!"

But the thing is, thats because you are willing to spend that much money, since you've been doing it for years. Now gas on the other hand? It only went up $10 in half a year. So thats why you complain.
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#17
It is nice that it is dropping but it still cost about twice as much to fill up my car now as it did only four years ago.
#18
It makes a huge difference when you buy in balk
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#19
Quote by IRONMAIDENTLICA
the gas company raises it to 4.10 then lowers it to 350 and suddenly 350 is a bargain when just 2 years ago u wouldnt have settled for anything above 3.00 its sad the prices will never go back down to normal trust me


I am pretty sure that is the plan.

We're now conditioned to believe these crazy high gas prices are actually reasonable. It's just gonna keep going up, but no one will remember when it was pretty much half this price.

Except me. and now you guys. Let's fight the conditioning!
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#20
It adds up. It really does. Having a car, you'd understand
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#21
Quote by andyd93
You lucky buggers in America should consider yourselves lucky, it's averaging about £1.17 per LITRE here (about $2.30).

A lot of Americans drive the gas guzzling Dodge Ram trucks and big old Chevy Suburbans, and filling these up takes plenty of money. My dad filled up his truck (20 gallons) and it cost him damn near $80. My view on gas prices:
Last year, some gas companies experienced record high profits. At the same time, we experienced record high gas prices. Why? I think the gas companies totally price gouged the consumer. The government should have stepped in, but Bush (i am a pro Bush guy btw) is a pro-big business man, so he let it slide.

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#22
Quote by Megadeth2011
A lot of Americans drive the gas guzzling Dodge Ram trucks and big old Chevy Suburbans, and filling these up takes plenty of money. My dad filled up his truck (20 gallons) and it cost him damn near $80. My view on gas prices:
Last year, some gas companies experienced record high profits. At the same time, we experienced record high gas prices. Why? I think the gas companies totally price gouged the consumer. The government should have stepped in, but Bush (i am a pro Bush guy btw) is a pro-big business man, so he let it slide.

All down to engine size. I was in FL in march, and I can't remember seeing one hatchback or smaller car. I saw plenty of 1500 Rams with the 5.7l HEMI, but most of the time, people don't need such a big car. I understand if they need the space if they are DIY workers or construction workers or something, but then you seen these women taking their kids to school in a 18mpg H2 Hummer, I just find it kinda stupid... That's why you have such a bad economy as a country.
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lololololol that was epic andyd93. you just made my day


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#23
Bastards I'm still paying $4.19.
Lousy British have to put things into perspective. I KNOW YOUR GAS IS EXPENSIVE, BUT ITS BECAUSE YOU KEEP VOTING FOR THE LABOUR PARTY AND THEY LOVE THAT VALUE ADDED TAX!

Sorry.....but gas is going to go down, all the rising gas price is MEDIA HYPE.
#24
Quote by andyd93
All down to engine size. I was in FL in march, and I can't remember seeing one hatchback or smaller car. I saw plenty of 1500 Rams with the 5.7l HEMI, but most of the time, people don't need such a big car. I understand if they need the space if they are DIY workers or construction workers or something, but then you seen these women taking their kids to school in a 18mpg H2 Hummer, I just find it kinda stupid... That's why you have such a bad economy as a country.

Yeah, i know. My dad farms, so we drive a gas guzzling 5.71 Hemi but since we farm, I feel no remorse. Youre right. Most people don't need such a big car. Just the other day, my dad was telling me about he remembers back when usually, only a farmer or construction worker drove a big truck. Then, everybody wanted one. Now, nobody wants em, except for the farmers/construction workers, because the average consumer doesn't have a use for all the extra power/room. I saw a new Dodge Challenger the other day, and guess what? It might be a smaller car, but it has a 6.1 Hemi in it.

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what this man says is correct.


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#25
Quote by Megadeth2011
A lot of Americans drive the gas guzzling Dodge Ram trucks and big old Chevy Suburbans, and filling these up takes plenty of money. My dad filled up his truck (20 gallons) and it cost him damn near $80. My view on gas prices:
Last year, some gas companies experienced record high profits. At the same time, we experienced record high gas prices. Why? I think the gas companies totally price gouged the consumer. The government should have stepped in, but Bush (i am a pro Bush guy btw) is a pro-big business man, so he let it slide.


because when the price of oil goes up by 20%, they increase prices by 20%, despite the cost of oil not being 100% of their costs.

you say bush is a pro-big business man. that is true. but more significantly, he's an oil guy. which is what is depressing about people blaming democrats for the cost of oil; the republicans own the oil companies...
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#27
Quote by Spamwise
...yet people view it as a huge difference. Anyone else find this odd? Even more so when people obsess over a difference of a few cents.
price changes always have strange psychological affect.

this holds especially true for older people who remember paying much lower prices.
the $.50 increase in price is probably more than your grandparents paid for a gallon of gas when they were young adults. they see a number like that and it rattles them.

to see a change like $.50 is about 13% based on a price of $4.00/gal.
that's over a year's worth of inflation, comparing to the rest of the economy.

a $.05 change in price is rather insignificant. but it still affects attitudes.
this is in large part because gasoline is often a fixture in the budget.
in many cases they can't cut back. people still have to drive to get to work.

if a person were to drive 20,000 miles per year. (this is not unreasonable)
and drive a car that gets 20mpg. (a little high, but not unreasonable)
they would burn 1000 gallons each year.
at $4 / gallon, thats $4000.00
if the price is reduced by $.50 that saves them $500 / year.
this is not insignificant.
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#28
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because when the price of oil goes up by 20%, they increase prices by 20%, despite the cost of oil not being 100% of their costs.

you say bush is a pro-big business man. that is true. but more significantly, he's an oil guy. which is what is depressing about people blaming democrats for the cost of oil; the republicans own the oil companies...

Ok, that explanation is the one. I knew Bush was an oil guy. Im a republican, and after seeing what the dems do here in Illinois, I'll never vote for a democrat.

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what this man says is correct.


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#29
Quote by Megadeth2011
Ok, that explanation is the one. I knew Bush was an oil guy. Im a republican, and after seeing what the dems do here in Illinois, I'll never vote for a democrat.

you should see what they're doing in California. a ban on plastic bags!!! a tax on paper bags? wtf?
#30
Quote by Megadeth2011
Ok, that explanation is the one. I knew Bush was an oil guy. Im a republican, and after seeing what the dems do here in Illinois, I'll never vote for a democrat.


what do they do that you object to?
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#31
Quote by Berlioz97
Bastards I'm still paying $4.19.
Lousy British have to put things into perspective. I KNOW YOUR GAS IS EXPENSIVE, BUT ITS BECAUSE YOU KEEP VOTING FOR THE LABOUR PARTY AND THEY LOVE THAT VALUE ADDED TAX!

Sorry.....but gas is going to go down, all the rising gas price is MEDIA HYPE.

I'm not British, but I do vote for the labour party.
Ya sure, it costs more to fill up the car, but I do get free University education instead.

*continues to vote labour*
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#33
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#34
Quote by Berlioz97
you should see what they're doing in California. a ban on plastic bags!!! a tax on paper bags? wtf?

I don't think we have our budget for this year worked out yet. My dad's friend is in the House of Reps (he's a republican), and he tells us ALL the dirt. Our governor has said that the Governor's house is not in Springfield (the capital), it is actually in Chicago (where he lives at HIS house). Our governor calls sessions and then doesn't show, because he's in Chicago. When he does show, he flies in on a jet, and we are being taxed for his fuel, cause he can't live in the governor's house. All of his minions are on trial for stuff like theft, and appointing jobs to those who pay for the job. Then, many democrats won a lot of positions promising all this stuff. Well, we haven't seen ANY progress since they came. Obama was one of these a couple years back. The only thing he did was get pissed at the media when they made fun of his ears.

EDIT: I know our school was supposed to get money for repairs and stuff, but they screwed us over, so now the school isn't being paid a cent from the state.

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Last edited by Megadeth2011 at Jul 29, 2008,
#36
It really doesn't feel that raising gas prices has reduced the number of cars on the road significantly at all. I think it's just putting more money in the gas companies and angering more drivers. So many people are so dependent on driving that they will be willing to pay even if its ridiculously expensive. But of course, saving a few dollars each fill up will really add up as the years go on, so naturally everyone's a lot happier with lower prices.
#38
the price is still rising in the uk
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#40
Guess what? I'm still paying 4.29 a gallon.
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