Gas.....$10.00 Per Gallon?

[Marine1]

While $7–$10 a gallon would be ground-breaking in America, these prices would not be trendsetting internationally. For example, European drivers are already shelling out $9 a gallon (which includes a $2-a-gallon tax).

Canadians are also being hit with rising gas prices. They are paying the American-dollar equivalent of $4.92 a gallon, and they’re being told to brace themselves for prices above $5.65 a gallon this summer.

Gas May Soon Cost a Sawbuck | The New York Sun

[GlockMeister]

Dont they (Europeans) pay that per liter, not gallon. I believe a liter is more then a gallon? In fact, 1 gallon is equal to 3.785411784 Liters or a 1 US gallon is more then a UK gallon which is 0.832674184629.

But yea, either way they do pay big bucks for it. I think they use the Euro dollar and currently isn't it worth more then the US dollar?

[Sins-of-Mosin]

They also have a much better rail system. If I could take a high speed train from here to my parents or my brother, I would easily forget the car.

[Seabeescotty]

When I was in Scotland, they were paying $2.80 a gallon for gas. It seems like it was $.50 to $.70 a gallon, here. We got a stamp book for our station, and were able to get a certain amount per month at US prices, but it didn't last long if you went sightseeing.

[roadie]

Electric cars...duh

[Lng Rng]

GM, you got that flipped around backwards. One gallon is equal to about 3 3/4 liters, I am not 100% on the exact number.

[nathangdad]

I feel we are already at the tipping point of gasoline prices plunging
significant segments of the American economy into major recession and perhaps depression.

This is not Europe. We have longer distances to travel and commute for work and business. Also, we do not have the public transportation
available throughout European cities nor do we have the railroad transportation so well in place throughout Europe.

It is not realistic to compare us to Europe stating if they can pay it we can pay it.

In the Texas Panhandle we are starting to notice some very empty parking lots
at restaurants as more and more people eat in rather than out. Also, some strip
malls are showing empty spaces as is the big Westgate Mall in Amarillo.
The Texas Panhandle is tipping especially considering the long distance between
cities to travel for business, food delivery, etc.

[Pred]

People said there would be riots once gas hit $3.00 a gallon. Right now it's $3.59 here, no riots as of yet. The truckers are getting upset, cause they are paying about $4.20 a gallon for diesel. I don't know what our tipping point will be, but I'm guessing it's not THAT far off.

[Venanzio]

1 gallon is 3,78 liter
today the price for gas and diesel is 1,42 € a liter
1 € = 1,60 $
3,78 liter x € 1,42 = 5,37 € a gallon in $ 5,37 x 1.60 = 8,59 $ a gallon

[LEE3370]

I have heard all the spin on why gas is so high.
My opinion is that is all a bunch of crap.

INCOME - COST = PROFIT

We are being ripped off, pure and simple.

What are we going to do about it?
Nothing.... Just pay what they say because we are just the mass without representation or protection from that sort of business.

[TXplt]

Originally Posted by LEE3370

I have heard all the spin on why gas is so high.
My opinion is that is all a bunch of crap.

INCOME - COST = PROFIT

We are being ripped off, pure and simple.

What are we going to do about it?
Nothing.... Just pay what they say because we are just the mass without representation or protection from that sort of business.

We could protect ourselves, and design cars which run on substances other than oil. That's what the market and America is all about.

We should cut any ties between oil companies and our governmental decision making process, though.

[LEE3370]

"We could protect ourselves, and design cars which run on substances other than oil. That's what the market and America is all about."

The average (and most of the above average) people can't design, build, and sell cars that run on anything. Big companies aren't going to do it, they are tied to oil company profits.
We will get a lot of spin and hype while they bleed our wallets.
Being old, retired, and living on a fixed income means that there ain't too much blood left to suck out of me.

[Rave]

They rip us off because they can.

[Windwalker]

Lee, I understand the words old, retired [Soc.Sec.], and fixed income. It's to the point that I can buy gas to drive to the store,14 mi.roundtrip, and not have much money to spend for groceries, or walk to the store and not have the strength and energy to carry much back home. Catch22

[ArkansasHunter]

It's going to come to a head when the gummint gets hit harder by people needing welfare to buy grocerys.

I'm driveing my truck futher on empty LOL and am surprised at how far I've gone on empty.

When I picked up my neighbor to go turkey hunting last friday he noticed the fuel gauge was on empty and he said you need some gas, and I said nay we'll make it back !
And we did, but to be honest I was worried we wouldn't on the way back home LOL !!

By the way it is not good for your fuel pump when you do what I did.
It needs gas to keep it cool and when you take chance's like I did you can burn it up.
A.H

[Sooner Shooter]

There are many reasons for the high prices but our congress is and has continually blocked efforts to drill in certain areas or our land and water. The Alaskan oil spill really caused some problems in terms of environmental concerns. We need some more refineries built also. Not one new refinery in 30 years.

[SKS NOOB]

BP, Shell post big profits - Minneapolis - MSNBC.com

I know you guys don't like MSNBC, but I think this article is going to set alot of us on fire.

[Pred]

Look, I've explained this before. The rich will continue to drain us dry until something finally gives. Then, as if a miracle, someone will come in and save us and the cycle will start all over again. The last time this happened it was the FED.

[Marine1]

Off topic somewhat, but I remember during the 1970's when we lined up for (10) gallons maximun per car. Then there was the great sugar shortage caper. In some stores sugar went to $5.00 per 5# bag. Then it was the great toilet paper shortage caper! People flocked to the stores and bought up any and all toilet paper. The saga now continues some (30+) years later, with raising gas prices and projected food shortages. I must agree with Pred, the rich get richer, dupe and drain the populas, until something gives. We are then heavenly rescued, as in the 1970's, for yet more money-making capers to spring up, in the 2000's. It's all about "$$$money$$$". I remember when Chrysler Corporation had a car with a turbine engine, which ran on "peanut oil". The car was driven daily on the streets. It disappeared! As long as there is trillions of dollars to be made on oil, no serious-treatening to their revenues - alternate fuel source, will be allowed on the consumer market as a counter-measure. It's either bought up, or forced out, by frivilous litigations, or character assassination actions.

Rule #1: He who had the gold, makes the Rules

Rule #2: If in doubt, see Rule #1.

[Aqualung]

Originally Posted by Sins-of-Mosin

They also have a much better rail system. If I could take a high speed train from here to my parents or my brother, I would easily forget the car.

If gas prices soar that high, we'll probably have a good rail system in no time.