MitsuStyle - View Single Post - What do you feel is a realistic, and fair price for a gallon of gasoline?

A//// Guy · 06-02-2006

Realistically compared to other countries we have it damn good. I voted 2.80 and up because maybe it will push people to start conserving gas and looking to other alternatives.

Gas will never go back down, its only up from here as the supply gets more and more limited, not in the sense of overall abundance. But in the sense that we will have to look farther and deeper to get it, which will cost more, therefore pushing up the cost of gas.

The milk thing is very true. You dont consume 10 gallons of it at one sitting, but think about it. It the demand for milk was the same as gasoline, it would be 10X or more expensive as it is today, until enough cows are grown to support the demand. Gas is extremely cheap per gallon compared to other inelastic goods.

06-02-2006	#14
A//// Guy Bloody Seal Bounce Champion! Join Date: Oct 2003 Location: South Burbs Drives: Slowly Posts: 9,870	Re: What do you feel is a realistic, and fair price for a gallon of gasoline? Realistically compared to other countries we have it damn good. I voted 2.80 and up because maybe it will push people to start conserving gas and looking to other alternatives. Gas will never go back down, its only up from here as the supply gets more and more limited, not in the sense of overall abundance. But in the sense that we will have to look farther and deeper to get it, which will cost more, therefore pushing up the cost of gas. The milk thing is very true. You dont consume 10 gallons of it at one sitting, but think about it. It the demand for milk was the same as gasoline, it would be 10X or more expensive as it is today, until enough cows are grown to support the demand. Gas is extremely cheap per gallon compared to other inelastic goods.