What if gas cost $10 a gallon? - MSN Money

I'd be demanding a raise, if I didn't get one.

 

Ain't gonna happen. We have to many alternatives at our disposal. Right now were just in a transition period that's gonna take some time to work through.

1. We have the converting gas coal to gas option. This country has more then enough coal reserves to operate off of this option for decades.

2. We have our own domestic reserves that we don't even use yet, including Alaska.

3. We have not even begun to really tap Canada as a supplier yet and we haven't touched Mexico at all.

4. Hydrogen is still sittin out there.

5. The secret weapon is converting cars to diesel.

Right now to many bleeding hearts are still actively cryin about smog control and federal regulations. Even though most of what they complain about is complete horse puckey, they're just to stupid to realize it. Sooner or later these people will start being affected and then things will change and we will move on to a good life again.

 

I bet you'll see a butt load of electric cars (city/suburb traffic) .. that is if GM doesnt kill off the Volt like they killed off the EV1. What does a Kw/hr cost .. $0.09ish? They would be perfect for towns where you dont have to worry about long distance travel. Plus that would free up a lot of fuel, now at a lower price because of reduced demand, to be burned in our diesel pickups. Assuming that is that there aren't any mysterious refinery shortages...

 

I'd have to look fro a different job because I usually put over 120 mi a day on the truck that gets about 18mpg, not to mention I am self employed and write a check to the gov for my taxes so that will be the first budget cut my house hold will be making.
It is artificially inflated and our idiot elected officials in the senate and congress could help if they chose by allowing us to get our own oil, and increase our refining capabilities.

 

I wouldn't bet on it. The rocket rise in price over the last 24 months or so from "reasonable" to this "stupid" price now is just the beginning. Until people start to actually complain (or stop driving) there won't be a reduction any time soon.

 

just hope diesel doesn't cost 10 dollars a gallon too

 

it aint ever going to happen, if it does im shootin somebody and see if that gets anybodies attention in our gov't. i heard that demand was down ten percent and that the oil companies just cut production by ten percent to keep prices high. BS huh

 

hahaha im with ya big ed

 

What does supply and demand have to do with speculation?

We aren't going to run out of fuel, due to the biomass, coal, tar, shale and domestic reclamation alternatives available.

But no matter how much fuel you make, at this point in time you're going to need a hellacious glut to stop the speculation. It seems commodity traders are convinced it's worth this much, and of course since it's a necessity it is worth this much... No matter how much there is.

 

If gas goes to $10 a gallon? I'll have alot stronger legs due to the fact that I'll be pedaling a bike most places We need people in Washington who actually have a pair and will tell the Environmentalists to take their agenda and shove it!