Gashostage.com

As we wade through one of the messiest global financial disasters, many people are looking to cut costs. And of course one of the highest costs for us 9-5 workers is our gas budget.

But this may change in the future. Imagine a vehicle that does 0-60 in 3.9 seconds, costs pennies per kilometer, has a 14,000 rpm redline, and is 100% electric.

What’s that you say? Electric?

Absolutely. As. in. no. gas. needed.

 

http://www.teslamotors.com/

Our hats off to Tesla for fighting the good fight against the high cost of fuel, after all, someone has to!

So the price for a barrel of oil is now down to $68. When it was $147, the prices of fuel doubled over the course a several months.

It was amazing to watch how quickly the numbers at the gas stations changed, sometimes just based on rumor. Many of our neighbors asked when the price was going to stop climbing. Many cancelled a summer vacation they were planning. Some stopped a number of non-essential subscriptions. Pretty much everyone looked for ways to lower their day to day costs. Driving less really wasn’t an option, and certaining wasn’t one that was chosen.

Our country is really based upon the idea of personal transportation. We have trains, planes, and buses, but the vast majority of the people drive everywhere – work, shopping, leisure activites. So when the price of gas went up, we cut down on other activities.

And it hurt.

Now, there is a financial situation occuring that is causing the price of oil to plummet. The price is down to the good old days.

Why has the price of fuel only dropped 15% when the cost of oil is HALVE!?!

Imagine how people are going to react when the price of oil starts going back up again…and the price of fuel rises at the same time. Really, you think the gas companies won’t use the rising price of petroleum to gouge us all again?

Time for us to demand electric cars. Not hybrids, electric. Screw the oil companies. For years they have been bleeding us dry. No pity for them.

Now to find a car company that’s not in bed with them.

Any ideas?

Oil breached 98 US dollars a barrel in Asian trade Wednesday for the first time ever, as traders anticipate another decline in US energy reserves, dealers said.
At 12:15 pm (0415 GMT), New York’s main contract, light sweet crude for December delivery traded at 97.87 dollars a barrel, up 1.17 dollars from its all-time closing record of 96.70 dollars in US trades Tuesday.

The contract had earlier traded at a new high of 98.03 dollars before falling to below 98 dollars.

Brent North Sea crude for December delivery crossed 94 dollars for the first time, rising 1.12 dollars to a new trading high of 94.38 dollars.

The dollar’s continued weakness against the euro and other major currencies was also another driver behind the run-up in crude oil prices to new peaks, dealers said.

“The dollar is falling very sharply this morning in Asia and commodities usually advance,” said Dariusz Kowalczyk, chief investment strategist at CFC Seymour in Hong Kong.

“These currencies can buy more oil for the same amount when the dollar declines,” he said.

A weak US unit encourages demand for dollar-priced commodities because it makes them cheaper for buyers using stronger currencies.

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