Comments on: Experts: Gas Prices Will Hit $3 Per Gallon By January

By: Anonymous

Anonymous — Wed, 08 Dec 2010 03:57:42 +0000

as much as dislike bio fuel, some day we may not have a choice but to rely on it because we can't get ourselves off the gas addiction.

of course there is always an option of choosing severe addiction withdraw in the form of economic depression...

By: Eddie

Eddie — Tue, 07 Dec 2010 23:53:34 +0000

How about gas at 79 cents a gallon….

By: Anonymous

Anonymous — Tue, 07 Dec 2010 21:46:14 +0000

Biofuel is NOT the solution. If most of the cases it take more energi to produce it than it contains...

By: Charles

Charles — Tue, 07 Dec 2010 21:22:50 +0000

I agree with abasile that the government should reduce taxes as revenue comes in from the increased fuel tax. That reduction should be a general reduction of middle and lower tax brackets or more of a cash for guzzlers program to help offset the cost of buying a new or used more efficient car. There should not be a tax credit for individuals as that would just offset the incentive to buy efficient vehicles. Businesses should be get a tax credit of a significant part of the tax increase.

The devil is always in the details.

By: abasile

abasile — Tue, 07 Dec 2010 20:47:10 +0000

@crystaldawn: If the federal government increases gasoline taxes to the point that gas is five dollars a gallon, then I think they should reduce taxes in other areas. The goal should be to reduce oil consumption, not make life harder for working families.

By: Anonymous

Anonymous — Tue, 07 Dec 2010 19:41:17 +0000

crystaldawn : You made correct decision by buying a hybrid.
If your home is heated with Oil, try to move to natgas or electricity which costs only half of that.

Also set the temperature to 60 degrees at night and switch on portable heater in bedrooms. This will bring a big savings.

Unfortunately we were taught only to spend and not to save.
Hope the next generation learns to save and make life affordable.

By: crystaldawn

crystaldawn — Tue, 07 Dec 2010 19:29:35 +0000

Even those of us that drive hybrids dont want to pay $5 a gallon. I bought a hybrid to save money on gas and while I average over 40 mpg still have to buy gas at the same prices everyone else pays. I am a single mother supporting my daughter and 2 disabled people in my household. I pay all these stupid taxes just like most americans and wish the government would just get their acts together and bring down some savings to the AVERAGE american.

By: Anonymous

Anonymous — Tue, 07 Dec 2010 19:00:11 +0000

Worldwide there are 20 million Flexfuel vehicles. While those in Brazil make use of Ethanol, those in US still use only E10 since most gas stations sell only that fuel.

Increasing Biofuels from current 1.9 million b/d to higher levels will send a message to OPEC.

Also there 7% of the US households use Oil for Heating, its high time they switch over to natgas or electricity and also conserve by reducing the temperature when not in use.

By: Anonymous

Anonymous — Tue, 07 Dec 2010 18:32:34 +0000

This is expected. Every day 40,000 new vehicles are hitting Chinese Roads. Oil Production in North Sea and Mexico are declining.

Knowing these troubles, Saudi Arabia is increasing the price of Crude from Jan-2011 and they are saying that $90/barrel is correct price.

Although Americans have moved gradually from Truck based SUVs with V8 engine to Car based CUVs with V4 & V6 engine, still we have lot of gas-guzzlers.

Instead of howling, we can just start trading our gas-guzzlers for smaller vehicles. If you feel that sedans offer little space, then go for Wagons.

Flexfuel vehicles are another choice. Read this article as how efficiently we can produce Ethanol using the agro waste.

http://www.brighterenergy.org/20432/news/bioenergy/biogas-powered-ethanol-plant-set-for-restart-in-nebraska/

By: Charles

Charles — Tue, 07 Dec 2010 17:50:06 +0000

James, I am the one who said lower and middle income people buy the most cars. I also said that if the price of gas would rise in a slow predictable manor, these people would make better decisions about their cars. The example I gave of going from a V6 Fusion to an I4 Fusion (not the hybrid) would save a person driving 15,000 miles a year enough to pay the higher gas price if the price went up two cents a month for three years.

If people knew that gas was going to be at least a $1.00 a gallon more when it is time to replace a new car, their decision would weigh MPGs more significantly. This would help all of us including the auto companies. Spikes kill, predictability saves.