I read this a while ago: air on for highway speeds, windows for < 50mph.

Really? I haven't been aware of any gas shortages here on my side of town. Cripes! I hope we don't have a replay of what happened a while back when the pipeline broke just outside of Tucson. People panicked, everyone filled their tanks running stations dry. Then, people paniked even more. You remember Lookout, people were actually tracking down and following fuel trucks as they drove to the gas stations for delivery. Or, what was funny, was they would sometimes follow them back to the fuel depots thinking they were making a delivery.

http://fox.org/~vince/out/crank.jpg

High gas prices? BRING IT!

Here's one cause of the high gas prices and short supply. Can you say "hoarding?"

Here, Joe Stevens fills his 1,500 gallon gas tank after waiting in line for an hour in Mobile, Alabama yesterday.

http://media.washingtonpost.com/wp-d...5083001932.jpg

Many, many, years ago when I was a kid, I seemed to remember one of the many gas crisis that hit this country. People were hoarding gas by filling large containers and putting them in their backyard. Many of them were actually burying them in the ground. Many of these containers that were plastic, since they were fuel rated, would begin to deteriorate and leak, causing a huge hazard. There were also reports of these containers exploding becuse of the building up of gas fumes. Folks do unerstand that you can't just fill anything up with gas and be good. I am surprise the gas station is allowing this dude to fill this rusted out hunk of metal. Not to mention, if gas was...say $2.80 in Mobile, that's 4,200 fricken dollars!

I went from spending $400 per month on gas to spending $600 in about two months time. I did not get a raise. Where did that extra money come from? At this rate of energy inflation (because my electricity and natural gas will go up as well), who will go bankrupt first? Me, or GM?

Oh, wait...I can't really file bankruptcy anymore, can I? But GM can. That's good for business.

Sorry, TW. I contribute to the economy. If I have to spend my disposable income on fuel, then I don't spend it on other things, and the economy suffers. If I get a raise to offset the increase, then my company's prices go up, and hence inflation, and the economy suffers.

at 2 pm yesterday I passed a gas station right by my house that posted $2.41, I intended to bring back our minivan and filler up but forgot. At 4:30 pm much to my suprise it was $2.99 at the station right by my dentist's office. I drove by the 2.41 station at 8:30 am today and the price was $3.19. Indpls,IN

:mg:

Welcome to the cellar, shoot. Pull up a chair. The good news is you'll be pleased at the price of gas in here. The bad news is it's all just hot air.

found out that 2 main pipelines that supply the east and some of the northeast have been shutdown due to katrina. no telling when it will be back in service.......

PLUS!!!

You'll be getting a convoy of 475 busses carrying 10,000 refugees from the Superdome. Y'all generously cleared the schedule at the Astrodome until December for them. Right neighborly of you. :thanks:

This weekend: <a href="http://www.investors.com/breakingnews.asp?journalid=31301411&brk=1">$4 per gallon</a>!

Ahh yes. And so it starts. There are already reports around my area that stations are running out of fuel. Not because we are running out of fuel in Phoenix, but becuase of the idiot media reporting that gas could rise to $4 by weeks end and might be hard to come by to all the idiot people who promtly panic and head off the the nearest gas station to top off. Thereby, throwing an unexpected strain on the current supplies at the stations. I hope the terrorists are watching, this will give them some really good ideas on how to cripple the mighty United States.


Incidentally, we will never see gas prices fall below $2.80 ever again...mark my words. It's that racheting effect of pricing I mentioned earlier in the thread; if prices go to $4 (which I think it's doubtful, $3.50 maybe).

Anyone care to offer their predictions on what all of this will eventually lead to? Are we going to see a massive collapse of the economy, a recession, or is all of this fairly temporary?

I wouldn't be afraid to invest in another box of shells if that's what you mean.

not so sure that it's temporary. and i can see the oil companies forcing a recession out of greed. they're fixing to spend billions fixing their refineries, pipelines and offshore platforms. of the 10 or so helecopters i worked with all day yesterday they came across numerous damaged or destroyed platforms in the 50-75 mile radius we were working. unfortunately, those costs, like any other to any consumer for any product, will fall back on us as if it hasn't already happened. well, i know i feel the impact.

i am reminded of that old cocain commercial in the late 80's/early 90's only here is a different spin:

"i buy gas so i can go to work to earn more money to buy more gas so i can go to work so i can earn more money so i can buy more gas...."