ForumsWEPRCan gas prices lower?

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Somewhat49
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Somewhat49
1,606 posts
Nomad

The name is pretty self explamatory and i want to hear your opinions if you think gas can go down.
PS: plz do not just right "no it will always go up" give a reason or 2

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Somewhat49
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Somewhat49
1,606 posts
Nomad

I can see your reasoning for both but just look at how LONG it took for Hybrids to enter market. Car companies held those for last resort and they released em to save face in da "going green".

MageGrayWolf
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MageGrayWolf
9,462 posts
Farmer

The way it's making water a problem is we get most of our fresh water from icebergs but since it is melting and mixing with the salt water it's becoming useless.


This is not a problem for using water as an energy source.

I can see your reasoning for both but just look at how LONG it took for Hybrids to enter market. Car companies held those for last resort and they released em to save face in da "going green".


Yes greed from Big Business is a big factor in how we are in this mess with fuel to begin with.
Drink
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Drink
1,621 posts
Blacksmith

i dont care much for gas price sense in a few months i turn 17 and i barely drive i would much rather ride a bike or walk somewhere then drive maybe if more people felt the way i did then gas wouldnt be such a issue

314d1
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314d1
3,817 posts
Nomad

i dont care much for gas price sense in a few months i turn 17 and i barely drive i would much rather ride a bike or walk somewhere then drive maybe if more people felt the way i did then gas wouldnt be such a issue


I live in Montana. The nearby town that has anything is half an hour away, by car. Then another half hour coming back. How would my parents shop on bikes? Or walking?

I mow lawns with my father for a job. We mow large lawns, on lawnmowers that take gas. These mowers are far to large, open, and slow to go down the road on there own merit, so they must drive them to the aria as well as mow, both needing gas. May I ask how I could accomplish any of this without the use of fuel?
Freakenstein
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Freakenstein
9,504 posts
Jester

I can see your reasoning for both but just look at how LONG it took for Hybrids to enter market. Car companies held those for last resort and they released em to save face in da "going green".


Once it is possible for consumers to realize that, in the future, the renewable resources will cost much cheaper than gas, they won't put petroleum-based products in their cars. The gas companies, and eventually OPEC, won't be able to afford to keep the gasoline industry running.

Can we focus on ethanol, aka corn oil? That'd be shweet. Then I could move to Nebraska :P
acepilot0
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acepilot0
359 posts
Nomad

The biggest problem I find with all these statements is that people think that switching to electric cars is the answer. Where does that electricity come from? Plants that burn fossil fuels for power. While renewable power sources such as hydroelectric, wind, and solar power sound great, they require a lot of expensive equipment and are not quite as effective on a large scale. My answer would be to invest more into nuclear power. We have already made leaps and bounds into making it safer in the past 60-70 years and yet we still only have the technology to harness less than 1% of the energy released in the nuclear reaction. Burning fossil fuels for vehicles can be switched over to an ethanol replacement, but in all honesty there is too much money keeping that from being much more than hippies wet dream right now. We have a lot of research to do in these fields, but the people who hold all the cards want to milk the situation that we have right now for every penny they can get.

thepossum
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thepossum
3,035 posts
Nomad

@OP: Of course. If there's a price in the first place, then it is always possible for it to lower. Hell, the prices could become free. Or am I taking your question to literally? :P

christianboy777
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christianboy777
131 posts
Nomad

Yea the gas can get lower. It depends on the demand, the amount(We can always find more oil), and as soon as we start using our own oil in Alaska the price will go down because we don't need to pay import taxes on gas. Without the import taxes the prices will lower.

goumas13
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goumas13
4,752 posts
Grand Duke

The price of a product is influenced by several factors (relative change in price of substitute goods, the level of risk aversion among buyers, the level of overall demand for a good regardless of its current price level, the number of buyers, the location and the climate of that particular location etc.).
The aforementioned factors are not fixed, they change during time, ergo the price changes.
Some combinations make the price increase, whereas others make the price decrease.
For example during the summer there is high demand of gas, the high demand and the need for gas is such that usually translates into higher gasoline prices.

The price of gas can lower, actually the price of any product can lower. And in my opinion the price will decrease relatively soon (a.k.a. months).

MasterC2010
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MasterC2010
187 posts
Shepherd

i have 2 points on this:

1: they will rise until depletion of oil. according to http://people.hofstra.edu/geotrans/eng/ch5en/appl5en/worldoilreservesevol.html, gas production has reached it's peak in 2010, and will lower in the following decades (the graph on their site shows this). logically, if you have less of something, then you would raise the price of that substance. take diamonds for example: they are rare, therefore we put a high price o them.

2: there is a solution to this problem that is being developed and released soonish. a company called Better Place is making batteries for cars. the genius of this system is that there will be battery charging stations everywhere. these stations replace the used battery for a charged one. the replacement time is under 2 minutes (which is faster than most gas refills, i think).

here's their site http://people.hofstra.edu/geotrans/eng/ch5en/appl5en/worldoilreservesevol.html

MasterC2010
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MasterC2010
187 posts
Shepherd

sorry, the site for better place is http://www.betterplace.com/

Somewhat49
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Somewhat49
1,606 posts
Nomad

sorry, the site for better place is http://www.betterplace.com/

Interesting site i think they got something there.
MasterC2010
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MasterC2010
187 posts
Shepherd

imagine though, being able to drive an electric car without worrying about changing prices in oil. the only thing to make it better is to make sure the electricity is being made in an eco friendly way (wind mills, solar panels, etc)

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