Gas prices are going down

fleeter12 · 10-09-2013, 08:43 AM

Right now gas prices are going down. And will us oil production going up due to fracking we can expect them to stay around where they are at for the next few years. So SUV sales are going to go up.

Who knows when the economy picks up they might bring back the hummer.

XDCX · 10-10-2013, 11:43 AM

Gasoline prices are hard to predict. While I hope prices continue to fall I'd not be willing to bet on it. To me it seems like the oil/gasoline markets are too easily manipulated with futures contracts and speculation.

That said, I'd be willing to bet we'll see the return of the Hummer brand in the U.S. To me, killing Hummer never made any sense and I've often wondered if GM agreed to kill the brand just to keep the Feds happy so they'd get their bailout money.

Hummer was supposed to have a vehicle in development that was a direct competitor to the two-door Jeep Wrangler. I read that it was an awesome vehicle that was very close to being released for production.

I love the Jeep Wrangler but I'd also like to see some domestic competition to make sure Chrysler doesn't get lazy and tries to rest on their laurels.

chryslersrt8 · 10-10-2013, 04:52 PM

Gas prices went up .50/gal today.. Unbelievable!

XDCX · 10-11-2013, 11:02 AM

Quote:

Originally Posted by chryslersrt8

Gas prices went up .50/gal today.. Unbelievable!

Wow, that's crazy.

I wonder how many station owners raised their prices even though their tanks are already filled with gasoline purchased at lower wholesale prices?

I remember when Washington State had a tax hike on gasoline all of the stations jacked their price up the minute the new law took place even though it wouldn't affect them until they made their next wholesale purchase of gasoline.

57years · 10-11-2013, 11:08 AM

.31 cent increase in 48 hours in Greater Cincy

fleeter12 · 10-21-2013, 11:28 AM

I know gas price are unpredictable. But in TX I paid less than 2.94 at the pump yesterday I seen them go down for me.

It could be taxes. I know some state have green weenies in charge that want to raise the gas tax through the roof. Look no further than California if the cost of gas lowered by a dollar they would raise the gas tax by a dollar.

I think it the fact that US oil production is going up. And we are importing nowhere near as much oil as we used too.

10-09-2013, 08:43 AM	#1
fleeter12 New Member Join Date: Oct 2013 Posts: 5	Gas prices are going down Right now gas prices are going down. And will us oil production going up due to fracking we can expect them to stay around where they are at for the next few years. So SUV sales are going to go up. Who knows when the economy picks up they might bring back the hummer.

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Natural Gas Power	Kitfox	General Discussions	6	03-10-2012 06:55 AM
Chrysler's $2.99 Gas Guarantee Cards are still alive....	XDCX	Sales	0	03-10-2011 08:15 AM
Housing, Gas Prices or the Stock Market?	XDCX	General Discussions	14	02-24-2009 11:06 AM
Is the $2.99 Gas Guarantee Working?	XDCX	Sales	22	10-21-2008 09:29 AM
How far does Gas have to fall before Trucks/SUVs recover?	XDCX	Automotive Discussions	0	07-09-2008 12:28 PM

Welcome to DealershipForum.com

Click Here to Register Now

10-10-2013, 11:43 AM	#2
XDCX Administrator Join Date: Nov 2007 Posts: 14,869	Gasoline prices are hard to predict. While I hope prices continue to fall I'd not be willing to bet on it. To me it seems like the oil/gasoline markets are too easily manipulated with futures contracts and speculation. That said, I'd be willing to bet we'll see the return of the Hummer brand in the U.S. To me, killing Hummer never made any sense and I've often wondered if GM agreed to kill the brand just to keep the Feds happy so they'd get their bailout money. Hummer was supposed to have a vehicle in development that was a direct competitor to the two-door Jeep Wrangler. I read that it was an awesome vehicle that was very close to being released for production. I love the Jeep Wrangler but I'd also like to see some domestic competition to make sure Chrysler doesn't get lazy and tries to rest on their laurels.

10-10-2013, 04:52 PM	#3
chryslersrt8 Senior Member Join Date: Sep 2009 Posts: 307	Gas prices went up .50/gal today.. Unbelievable!

10-11-2013, 11:08 AM	#5
57years Senior Member Join Date: Sep 2009 Posts: 554	.31 cent increase in 48 hours in Greater Cincy

10-21-2013, 11:28 AM	#6
fleeter12 New Member Join Date: Oct 2013 Posts: 5	I know gas price are unpredictable. But in TX I paid less than 2.94 at the pump yesterday I seen them go down for me. It could be taxes. I know some state have green weenies in charge that want to raise the gas tax through the roof. Look no further than California if the cost of gas lowered by a dollar they would raise the gas tax by a dollar. I think it the fact that US oil production is going up. And we are importing nowhere near as much oil as we used too.