1/11: Will gas prices go to $4?

Moderated by Rick Badie

Metro Atlantans are wedded to their cars. When gas prices inch up, even a few cents, we take notice. Today, a senior petroleum analyst predicts pain at the pump with regular gas to reach $4 per gallon. Or more, depending on where you live. Also, a AAA spokeswoman advises us to educate ourselves and prepare.

25 comments Add your comment

ODD OWL

January 10th, 2012
7:55 pm

The Wall street speculators are driving up the price of oil… Gasoline sales are down 7 % in the last three months… Can cutbacks in consumers demands for gas fend off the greedy Wall street hedge fund managers ???

nelsonh

January 10th, 2012
7:51 pm

$4.00 Gas, that is good for the economy. Taxes are part of that $4.00 and thAT helps government. Now listen, do I have your attention? I do? good. The new deep water port at Savannah will bring oil right to Georgia, no transporting from out of state. Gas will go lower , with the new port.

Let us be honest we can all afford to drive it is what we want to do.
Now, I just read, Atlant a has lost its #1 ranking as the gayest city in America, it is still first as the largest gay city. Now St. Pete Fl. has been named the unhappiest city in the country. Look what a difference it would make if the gays went to ungay St> Pete, it would be marvelous.

Put A Tiger In Your Tank

January 10th, 2012
6:45 pm

You can whine about gas prices, or you can buy some oil company stock. Like the saying goes, when you hit a brick wall buy bricks.

Darvocet spending

January 10th, 2012
6:31 pm

Hillbilly D

January 10th, 2012
6:08 pm

Yep, they’ll go to $4 a gallon. We’re in another one of those speculative bubbles much like the one before the great meltdown.

Yep, we’ll be sent right back into recession.

Americans love pretending. We love to pretend gas will be cheap again. We love to think the free market will save us at the last minute. But we’ve known that energy is a finite resource and in the years since gas started to climb upward in price, little has been spent on public transportation. Reality is catching up to us and people are still pretending things will go back to what they once were.

Darvocet spending

January 10th, 2012
6:27 pm

ByteMe

January 10th, 2012
5:55 pm

As always: the cure for high prices is… high prices.

If gas gets too expensive, people will adjust their lifestyles to reduce their need for it. Which will then decrease demand, eventually lowering the price again.

Oh good, another teenage libertarian… Just what we needed!! Thanks!!!

Hillbilly D

January 10th, 2012
6:08 pm

Yep, they’ll go to $4 a gallon. We’re in another one of those speculative bubbles much like the one before the great meltdown.

Halftrack

January 10th, 2012
5:59 pm

As usual, the innocent will suffer the most. We have been knowing for years about gasoline energy and sat on our hands. Obummer does not want to build the gas line from Canada. Does anyone in the Government think about Joe Public anymore?

ByteMe

January 10th, 2012
5:55 pm

As always: the cure for high prices is… high prices.

If gas gets too expensive, people will adjust their lifestyles to reduce their need for it. Which will then decrease demand, eventually lowering the price again.

Don Abernethy

January 10th, 2012
5:34 pm

I hear we are exporting a lot of our own oil to other countries. Oil companies are making record profits. So why are the little guys being forced to pay more and more at the pump? Our rich politicians who are all very wealthy don’t seem to care. What is the answer? Horse and buggies?

madmommy(not really mad)

January 10th, 2012
5:27 pm

Atlantans are “wedded” to our cars mainly because it is the only way to get around. It seems that once the prices are higher for a while, it’s considered the “new norm” and once gas goes back under the prior price point, the price only drops a few cents, but not down to the lower price point. Anyone else seem to notice this? I also highly doubt that it’s “taxes” that keeps the price inflated. If the price goes up to $4 a gallon, I’ll just stay home and spend even less money than I am now. Not to mention the cost of everything else will rise along with it, so it’s not like there will be much to spare anyway.

By the way, in what ways are they suggesting we prepare? The cost of everything is going up at a rapid rate and the jobs market for both the working and unemployed doesn’t even come close to keeping up. Guess it’s time to get a road bike.