pyehac Posted August 17, 2005 Share Posted August 17, 2005 5 bucks a gallon for gas? Expert sees it in 2006 If you think all this flirting with $3-a-gallon gas is already a pain in the pocketbook, brace yourself. Oil expert Craig Smith predicts gas prices will skyrocket next year, jumping to five bucks a gallon. And if terrorists successfully strike a major Middle East oil field, Americans might end up paying $10 a gallon -- about $110 to fill a Ford Focus' 11-gallon tank. Smith, a self-proclaimed geopolitical know-it-all hawking his new book Black Gold Stranglehold, says Americans -- tree-hugging politicians and car-addicted commuters alike -- should blame themselves for the coming spike in prices. "Why are they charging higher prices for gas? Because people will pay it. Apparently, we're not changing our driving habits much," he said. "Blame this on ourselves. This country has not built a new refinery in 30 years, we stopped new oil exploration . . . and put a moratorium on offshore drilling." Smith -- who last year predicted $3-a-gallon gas and $65-a-barrel crude oil prices this year -- says oil prices will jump to $80 a gallon by the end of 2006. On Tuesday, the national average was $2.52 a gallon, according to AAA. And the price of gas topped $3 here last week. If you don't believe the average cost of gas will double in 12 months, Smith points to places such as Hong Kong, Korea and France, where gas prices regularly top the $5 mark. The solution here for high oil prices: "find it, drill it, refine it and burn it" domestically, Smith said, pointing to untapped crude reserves in Alaska, Colorado, Utah, off the California coast and in the Gulf of Mexico. ------------------------------------------------------- I bet hybrids will sell pretty fast in the next few months! (if people can get them) Link to comment Share on other sites More sharing options...
giga Veteran Posted August 17, 2005 Veteran Share Posted August 17, 2005 Shoot me now? Link to comment Share on other sites More sharing options...
Soham Posted August 17, 2005 Share Posted August 17, 2005 i am using trums and trains Link to comment Share on other sites More sharing options...
mint0 Posted August 17, 2005 Share Posted August 17, 2005 UK Petrol is already around $6 a gallon :p Link to comment Share on other sites More sharing options...
Tevage Posted August 17, 2005 Share Posted August 17, 2005 This is just bull ****, by the time i get a car i will be paying the earth to keep the ****er going. Link to comment Share on other sites More sharing options...
illicit Posted August 17, 2005 Share Posted August 17, 2005 Yay! I can't wait! Link to comment Share on other sites More sharing options...
amr_01 Posted August 17, 2005 Share Posted August 17, 2005 i don't believe it. i've been hearing all sorts of conflicting reports. some saying it'll be up that high, others say it will be around where it is now. i'll just wait and see. Link to comment Share on other sites More sharing options...
DELTA75329 Posted August 17, 2005 Share Posted August 17, 2005 Perhaps another opinion couldn't hurt. WHY WE NEED OUR OWN OILYou need look no further than the gas prices at your local station to know why the United States needs to get itself off the OPEC nipple as much as possible. ABC had a report last on World News Tonight that said there are only 149 refineries in the United States. Any single one of those refineries goes offline, has a problem or shuts down, and we have ourselves a gas shortage. That means prices go through the roof. Not a single refinery has been built in the last 30 years. Why is that? Because the radical environmentalists have made it so hard along with the government to pull the proper permits, that's why. The oil companies figure it's just not worth it. There's also a little bit of the NIMBY syndrome....not in my back yard. People want to drive their gas-guzzling SUV's, but would be jumping up and down screaming if somebody dared to build a new refinery within sniffing distance of their house. As was pointed out last night, new refineries would be able to refine the less expensive heavy crude oil, which is $14 a barrel less than the light crude that is used now. Gas would be cheaper because there would be more of it and because the oil was cheaper. But as it stands now, the process for building a new refinery takes years. In addition, we also need to start drilling for our own oil. Right now. Everywhere. We need to send the rigs not only to Alaska, but offshore and everywhere else there might be oil. Why is this so urgent? Well, we do want cheaper prices, but another reason is because we are lining the pockets of terrorists and tinhorn dictators that despise our very existence. For example, Venezuela. Venezuela is run by a thug known as Hugo Chavez, a communist. Today, he is threatening to cut off the flow of oil to the United States. That country is the fourth-largest provider of oil. If Chavez cuts us off, we're going to pay more at the pump. Politicians know this, so they will try and appease Venezuela, despite it not being in our national security interests to do so. The way to reduce our dependence on foreign oil is not with hybrid cars the size of a Budweiser can...it's with our own drilling and exploration. Oh, and for crying out loud, we need to start building new refineries. Pronto. Link to comment Share on other sites More sharing options...
Doli Posted August 17, 2005 Share Posted August 17, 2005 says oil prices will jump to $80 a gallon by the end of 2006. i know he ment $80 a barrel but i got a quick laugh :laugh: and if he didnt..... :pinch: time to buy a bike :laugh: but really just buy a bike and ride if your not going far Link to comment Share on other sites More sharing options...
Boss_Hogg Posted August 17, 2005 Share Posted August 17, 2005 PEAK OIL we knew it was coming ,it was just matter of time. Link to comment Share on other sites More sharing options...
AcdShdw Posted August 17, 2005 Share Posted August 17, 2005 i am using trums and trains 586392106[/snapback] what the hell is a trum? Link to comment Share on other sites More sharing options...
Bobster Posted August 17, 2005 Share Posted August 17, 2005 We have almost ?1 per litre over here in England and that's bloody expensive! I can't be bothered to convert that to US terms:pp Link to comment Share on other sites More sharing options...
Draconian Guppy Posted August 17, 2005 Share Posted August 17, 2005 heck here it's already at $4 dollars so no suprise :| ( Central America ) Link to comment Share on other sites More sharing options...
BGM Posted August 17, 2005 Share Posted August 17, 2005 We have almost ?1 per litre over here in England and that's bloody expensive! I can't be bothered to convert that to US terms:pp 586392177[/snapback] $1.8 USD Link to comment Share on other sites More sharing options...
Max Veteran Posted August 17, 2005 Veteran Share Posted August 17, 2005 Whats the smallest commercially available car in the US? 2.3 litre or something? :p Link to comment Share on other sites More sharing options...
Doli Posted August 17, 2005 Share Posted August 17, 2005 heck here it's already at $4 dollars so no suprise :| ( Central America ) 586392197[/snapback] Doesnt the USA still pay the least in gas anyways, we have nothing to complain about like maudit pointed out...$4 a gallon dang. $1.63 here in Cali. Link to comment Share on other sites More sharing options...
RaisinCain Posted August 17, 2005 Share Posted August 17, 2005 (edited) How Many Of You Saw This **** Coming After G.W. <Bush> Made His Speech? Edited August 21, 2005 by fred666 Link to comment Share on other sites More sharing options...
Drone Posted August 17, 2005 Share Posted August 17, 2005 Oil is a FINITE resource. So as it runs low it is going to rocket in price. The prices will be astronomical compared to today's prices. I'm dreading what is going to happen when it finally does run out. It might get very messy. What gets me is some people complain about the "high" U.S prices and drive around in a 4x4 (SUV) that has a fuel economy that is only just in double figures! Solution? Only get a SUV if you actually go off-roading. If you drive on the freeway to work in it, then all you need is a 4 door car. Try a Ford Focus. Even better, get a Smart. Link to comment Share on other sites More sharing options...
emo Posted August 17, 2005 Share Posted August 17, 2005 wow, i don't want to drive.... Link to comment Share on other sites More sharing options...
drumy Posted August 17, 2005 Share Posted August 17, 2005 we need to move to hydrogan fast...let those arabs be quiet with their oil Link to comment Share on other sites More sharing options...
Soham Posted August 17, 2005 Share Posted August 17, 2005 what the hell is a trum? 586392156[/snapback] street trains Link to comment Share on other sites More sharing options...
RaisinCain Posted August 17, 2005 Share Posted August 17, 2005 Does anyone realize that if we were not dependant on oil (or the whole world for that matter), the middle east would cease to exist? Link to comment Share on other sites More sharing options...
FiREFLi Posted August 17, 2005 Share Posted August 17, 2005 We have almost ?1 per litre over here in England and that's bloody expensive! I can't be bothered to convert that to US terms:pp 586392177[/snapback] I was at a garage last week and the super-unleaded stuff was actually 99.9p. It was disgusting.:cry:: Link to comment Share on other sites More sharing options...
amr_01 Posted August 17, 2005 Share Posted August 17, 2005 Does anyone realize that if we were not dependant on oil (or the whole world for that matter), the middle east would cease to exist? 586392285[/snapback] yeah, but it's not like they're using that money for their economy. only those who control it are seeing that money. Link to comment Share on other sites More sharing options...
BGM Posted August 17, 2005 Share Posted August 17, 2005 Whats the smallest commercially available car in the US? 2.3 litre or something:p:p 586392228[/snapback] hahahahaha i wonder if they have smart car:D:D Link to comment Share on other sites More sharing options...
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