A Quote by Martin Murray
We're hopeful it won't climb much more than that (10 percent). The reality is we're all looking at the price per gallon of gasoline and heating oil, and even cord wood, and we're seeing prices that are volatile and I don't think anybody can accurately predict what we'll be paying for these commodities in two weeks, let alone two months.
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Say that Congress legislates gasoline price controls that sets a maximum price of $1 a gallon. As sure as night follows day, there'd be long lines and gasoline shortages, just as there were in the 1970s. For the average consumer, a $1.60 a gallon selling price and no waiting lines is a darn sight cheaper than a controlled $1 a gallon price plus searching for a gasoline station that has gas and then waiting in line. If your average purchase is 10 gallons, and if an hour or so of your time is worth more that $6, the $1.60 a gallon free market price is cheaper.
The price of crude oil accounts for 55 percent of the price of a gallon of gasoline, driven by global supply and demand. The United States depends on foreign sources of oil for 62 percent of our nation's supply. By 2010, this is projected to jump to 75 percent.
The way to bring gas prices down is to end our dependence on oil and use the renewable sources that can give us the equivalent of $1 per gallon gasoline.
As gas prices continue to drop, 28 states are now selling regular gasoline for less than $2 a gallon. It's getting cheaper to pump two gallons of gas outside the station than it is to pump two squirts of nacho cheese inside.
Climate change might be disastrous, but does that mean we want carbon taxes that raise the price of a gallon of heating oil to $10? And how exactly will those taxes affect economic growth?
In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer.
The fact is I look at what's happening to this country, I look at the way China is just ripping us off, I look at OPEC the way they are ripping us off with the oil prices. I mean, people are gonna be paying six and seven dollars a gallon for gasoline very, very soon; and you're gonna be up to $150 a barrel; and they wouldn't even be there if it weren't for us.
The idea that when people see prices falling they will stop buying those cheaper goods or cheaper food does not make much sense. And aiming for 2 percent inflation every year means that after a decade prices are more than 25 percent higher and the price level doubles every generation. That is not price stability, yet they call it price stability. I just do not understand central banks wanting a little inflation.
Even if gas prices fall, consumers will continue to be gouged at the pump the only thing that we can be sure rises faster that the price of gasoline is the skyrocketing profits of oil companies.
It makes a difference when you've got more than two months versus two weeks to train for a particular opponent.
I basically don't think that the way we do things is that dependent on one resource, such as oil. There can be different kinds of engines for cars. I think that solar heating, wind heating can substitute for a lot of uses for oil. I'd like to see those things happen because they are more sustainable in any case. But I do not think that running out of oil is not going to bother us that much. I think we have got to be rescued by something or we really are going down a slippery slope.
Tar sands oil is the dirtiest fuel on Earth. Because producing it consumes so much energy, a gallon of tar sands crude generates 17 percent more carbon pollution than conventional crude oil.
When I play in Atlantic City, I perform Tuesdays through Sundays for two weeks, and I have 91-percent attendance. No one else plays six days a week, two shows per night, and does that kind of business.
I was 16. I went, auditioned, and then they called me and they were like 'can you fly to Korea within two months?' And then my whole life changed. In Australia, I dropped out of school. I had never even imagined myself living apart from my family. I hadn't even slept more than two weeks out of home.
Relationships change even more than people. It's like two people changing. It's exponentially more volatile. Especially two teenagers.
Gas prices and train fares seem to be the two commodities for modern British life that base their prices on a whim, or numbers plucked out of thin air, without a thought to the real cost to those for whom those price hikes mean unimaginable sacrifices in their day to day lives.
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