Gas Prices….

[cowboy]

I am seeing lots of smart cars on the road these days. I saw an article that 6100 smart cars were sold in the US since January 2008.

[Anonymous]

A lot of the difference in price is due to the high taxes European countries charge on their gas. If they charged the same tax we did, they’d likely have similar gas prices.

[Anonymous]

A lot of the difference in price is due to the high taxes European countries charge on their gas. If they charged the same tax we did, they’d likely have similar gas prices.

[Anonymous]

A lot of the difference in price is due to the high taxes European countries charge on their gas. If they charged the same tax we did, they’d likely have similar gas prices.

[Anonymous]

A lot of the difference in price is due to the high taxes European countries charge on their gas. If they charged the same tax we did, they’d likely have similar gas prices.

[Anonymous]

A lot of the difference in price is due to the high taxes European countries charge on their gas. If they charged the same tax we did, they’d likely have similar gas prices.

[34f3f3f]

Formersandiegan, most of the cost of higher gas prices in Europe and elsewhere are attributable to higher taxes. Everyone pays more or less the same for gas. Higher gas prices are probably here to stay, at least that the is consensus in the media. Although no one wants to say exactly why prices have shot up recently, speculation and good old supply and demand seem to be high on the shopping list. Theories also abound over ‘peak oil’, and the shifting alliances in a grab for oil.

Many of the major oil producing countries are considered politically risky areas, such as Nigeria, Venezuela, Iraq, Iran, and are not all friendly to the US. China’s growing demand for oil is taking strategic advantage of some of these shifts in alliances, and tensions are building. This is not new. Britain tried to dominate the middle east to feed it’s own oil ambition in WWI, but was largely beat to it by US wealth.

One theory suggests, that when US oil peaked, it struck a deal with OPEC that all oil would be purchased in dollars, which were then used to invest in US securities. The dollar then became tied to oil, a little like currencies used to be tied to gold. Hence the term ‘Petrodollars’ and the ‘oil standard’. So it would seem that oil and the dollar now have a negative impact on each other. The dollar declines and oil becomes more expensive. Oil goes up and the dollar declines.

I am not an economist so don’t know how true this is but is seems fairly plausible. That oil will eventually run out is not in dispute, and that prices will rise as a result is also a given. How much it will adversely effect the average American it’s just a case of whether they are prepared to tolerate higher prices, as many other countries have for a long time, or whether they compromise on use, and scale down vehicle size and use other means of transportation. Of course transport is not the only use for oil. It is very widely used in the manufacturing of many goods.

[34f3f3f]

Formersandiegan, most of the cost of higher gas prices in Europe and elsewhere are attributable to higher taxes. Everyone pays more or less the same for gas. Higher gas prices are probably here to stay, at least that the is consensus in the media. Although no one wants to say exactly why prices have shot up recently, speculation and good old supply and demand seem to be high on the shopping list. Theories also abound over ‘peak oil’, and the shifting alliances in a grab for oil.

Many of the major oil producing countries are considered politically risky areas, such as Nigeria, Venezuela, Iraq, Iran, and are not all friendly to the US. China’s growing demand for oil is taking strategic advantage of some of these shifts in alliances, and tensions are building. This is not new. Britain tried to dominate the middle east to feed it’s own oil ambition in WWI, but was largely beat to it by US wealth.

One theory suggests, that when US oil peaked, it struck a deal with OPEC that all oil would be purchased in dollars, which were then used to invest in US securities. The dollar then became tied to oil, a little like currencies used to be tied to gold. Hence the term ‘Petrodollars’ and the ‘oil standard’. So it would seem that oil and the dollar now have a negative impact on each other. The dollar declines and oil becomes more expensive. Oil goes up and the dollar declines.

I am not an economist so don’t know how true this is but is seems fairly plausible. That oil will eventually run out is not in dispute, and that prices will rise as a result is also a given. How much it will adversely effect the average American it’s just a case of whether they are prepared to tolerate higher prices, as many other countries have for a long time, or whether they compromise on use, and scale down vehicle size and use other means of transportation. Of course transport is not the only use for oil. It is very widely used in the manufacturing of many goods.

[34f3f3f]

Formersandiegan, most of the cost of higher gas prices in Europe and elsewhere are attributable to higher taxes. Everyone pays more or less the same for gas. Higher gas prices are probably here to stay, at least that the is consensus in the media. Although no one wants to say exactly why prices have shot up recently, speculation and good old supply and demand seem to be high on the shopping list. Theories also abound over ‘peak oil’, and the shifting alliances in a grab for oil.

Many of the major oil producing countries are considered politically risky areas, such as Nigeria, Venezuela, Iraq, Iran, and are not all friendly to the US. China’s growing demand for oil is taking strategic advantage of some of these shifts in alliances, and tensions are building. This is not new. Britain tried to dominate the middle east to feed it’s own oil ambition in WWI, but was largely beat to it by US wealth.

One theory suggests, that when US oil peaked, it struck a deal with OPEC that all oil would be purchased in dollars, which were then used to invest in US securities. The dollar then became tied to oil, a little like currencies used to be tied to gold. Hence the term ‘Petrodollars’ and the ‘oil standard’. So it would seem that oil and the dollar now have a negative impact on each other. The dollar declines and oil becomes more expensive. Oil goes up and the dollar declines.

I am not an economist so don’t know how true this is but is seems fairly plausible. That oil will eventually run out is not in dispute, and that prices will rise as a result is also a given. How much it will adversely effect the average American it’s just a case of whether they are prepared to tolerate higher prices, as many other countries have for a long time, or whether they compromise on use, and scale down vehicle size and use other means of transportation. Of course transport is not the only use for oil. It is very widely used in the manufacturing of many goods.

[34f3f3f]

Formersandiegan, most of the cost of higher gas prices in Europe and elsewhere are attributable to higher taxes. Everyone pays more or less the same for gas. Higher gas prices are probably here to stay, at least that the is consensus in the media. Although no one wants to say exactly why prices have shot up recently, speculation and good old supply and demand seem to be high on the shopping list. Theories also abound over ‘peak oil’, and the shifting alliances in a grab for oil.

Many of the major oil producing countries are considered politically risky areas, such as Nigeria, Venezuela, Iraq, Iran, and are not all friendly to the US. China’s growing demand for oil is taking strategic advantage of some of these shifts in alliances, and tensions are building. This is not new. Britain tried to dominate the middle east to feed it’s own oil ambition in WWI, but was largely beat to it by US wealth.

One theory suggests, that when US oil peaked, it struck a deal with OPEC that all oil would be purchased in dollars, which were then used to invest in US securities. The dollar then became tied to oil, a little like currencies used to be tied to gold. Hence the term ‘Petrodollars’ and the ‘oil standard’. So it would seem that oil and the dollar now have a negative impact on each other. The dollar declines and oil becomes more expensive. Oil goes up and the dollar declines.

I am not an economist so don’t know how true this is but is seems fairly plausible. That oil will eventually run out is not in dispute, and that prices will rise as a result is also a given. How much it will adversely effect the average American it’s just a case of whether they are prepared to tolerate higher prices, as many other countries have for a long time, or whether they compromise on use, and scale down vehicle size and use other means of transportation. Of course transport is not the only use for oil. It is very widely used in the manufacturing of many goods.

[34f3f3f]

Formersandiegan, most of the cost of higher gas prices in Europe and elsewhere are attributable to higher taxes. Everyone pays more or less the same for gas. Higher gas prices are probably here to stay, at least that the is consensus in the media. Although no one wants to say exactly why prices have shot up recently, speculation and good old supply and demand seem to be high on the shopping list. Theories also abound over ‘peak oil’, and the shifting alliances in a grab for oil.

Many of the major oil producing countries are considered politically risky areas, such as Nigeria, Venezuela, Iraq, Iran, and are not all friendly to the US. China’s growing demand for oil is taking strategic advantage of some of these shifts in alliances, and tensions are building. This is not new. Britain tried to dominate the middle east to feed it’s own oil ambition in WWI, but was largely beat to it by US wealth.

One theory suggests, that when US oil peaked, it struck a deal with OPEC that all oil would be purchased in dollars, which were then used to invest in US securities. The dollar then became tied to oil, a little like currencies used to be tied to gold. Hence the term ‘Petrodollars’ and the ‘oil standard’. So it would seem that oil and the dollar now have a negative impact on each other. The dollar declines and oil becomes more expensive. Oil goes up and the dollar declines.

I am not an economist so don’t know how true this is but is seems fairly plausible. That oil will eventually run out is not in dispute, and that prices will rise as a result is also a given. How much it will adversely effect the average American it’s just a case of whether they are prepared to tolerate higher prices, as many other countries have for a long time, or whether they compromise on use, and scale down vehicle size and use other means of transportation. Of course transport is not the only use for oil. It is very widely used in the manufacturing of many goods.

[Kilohana]

Smart Cars are adorable, but don’t make sense right now. You are giving up a lot of seating and cargo room in exchange for a car that still doesn’t touch the mileage of a Prius or Civic Hybrid.

http://www.fueleconomy.gov/FEG/bestworst.shtml

The UK version gets slightly better mileage.

I decided to keep my current car and wait until the Tesla cars come out. They have a sedan planed for 2010/2011.

http://www.teslamotors.com/

[Kilohana]

Smart Cars are adorable, but don’t make sense right now. You are giving up a lot of seating and cargo room in exchange for a car that still doesn’t touch the mileage of a Prius or Civic Hybrid.

http://www.fueleconomy.gov/FEG/bestworst.shtml

The UK version gets slightly better mileage.

I decided to keep my current car and wait until the Tesla cars come out. They have a sedan planed for 2010/2011.

http://www.teslamotors.com/

[Kilohana]

Smart Cars are adorable, but don’t make sense right now. You are giving up a lot of seating and cargo room in exchange for a car that still doesn’t touch the mileage of a Prius or Civic Hybrid.

http://www.fueleconomy.gov/FEG/bestworst.shtml

The UK version gets slightly better mileage.

I decided to keep my current car and wait until the Tesla cars come out. They have a sedan planed for 2010/2011.

http://www.teslamotors.com/

[Kilohana]

Smart Cars are adorable, but don’t make sense right now. You are giving up a lot of seating and cargo room in exchange for a car that still doesn’t touch the mileage of a Prius or Civic Hybrid.

http://www.fueleconomy.gov/FEG/bestworst.shtml

The UK version gets slightly better mileage.

I decided to keep my current car and wait until the Tesla cars come out. They have a sedan planed for 2010/2011.

http://www.teslamotors.com/

[Author]

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