Gas Prices

?.? Stop trying to sound smart. Gas (in the term we're talking about) is short for gasoline which is otherwise known as petrol. You're in the wrong here. /fail

I'm not trying to sound smart, i'm trying to make you fix your errors.
 
It's hard to believe that people back in the day thought 18 cents/gal was expensive...if they were here to see the gas prices now they'd probably have a heart attack. Yes, the price is going through the roof, but so is everything else. I don't drive yet so, I'm not sure what exactly it is here, but I think the last time I went it was around 3.5.
 
It's hard to believe that people back in the day thought 18 cents/gal was expensive...if they were here to see the gas prices now they'd probably have a heart attack. Yes, the price is going through the roof, but so is everything else. I don't drive yet so, I'm not sure what exactly it is here, but I think the last time I went it was around 3.5.

It wasn't that long ago. It was like $0.20 - $0.30 a gallon when my dad was a teen. That was back in the sixties. Again, we could lower the prices (I'm not saying that low) if we just drilled in the US.
 
Additional drilling (i.e., increasing supply of oil), is not a long-term solution, especially because there is a finite amount of unextracted petroleum in the world. Turning to alternative (particularly renewable) sources of energy (i.e., decreasing demand for oil) is both a short-term and long-term solution.
 
It wasn't that long ago. It was like $0.20 - $0.30 a gallon when my dad was a teen. That was back in the sixties. Again, we could lower the prices (I'm not saying that low) if we just drilled in the US.

I agree. We could if the government wasn't as lazy as it has become since then.
 
I agree. We could if the government wasn't as lazy as it has become since then.

It's not that. It's the fact that the Environmentalist groups "forbid" us from drilling here. They'd rather have us go into debt with terrorist groups or other enemies than have some furry woodland creatures relocated or killed – which won't even happen. Drilling on landmasses has become safe/efficient. Mistakes happen. However, we wouldn't be putting our money into the hands of people who hate us. I know they're not all terrorists, but they're not too fond of us. For once, it's not the government's fault. It's literally ours. Sure, the government is listening to us (I don't mean everyone, but you know what I'm talking about), but we're the ones talking.
 
Additional drilling (i.e., increasing supply of oil), is not a long-term solution, especially because there is a finite amount of unextracted petroleum in the world. Turning to alternative (particularly renewable) sources of energy (i.e., decreasing demand for oil) is both a short-term and long-term solution.

Please to be reading this instead of expounding on how we should drill more.
(insert positive comment about nuclear energy that will be torn to pieces because of O MY GOODNESS LOOK AT JAPAN BUILDING A POWER PLANT ON A FAULT LINE)
 
Additional drilling (i.e., increasing supply of oil), is not a long-term solution, especially because there is a finite amount of unextracted petroleum in the world. Turning to alternative (particularly renewable) sources of energy (i.e., decreasing demand for oil) is both a short-term and long-term solution.

I know it's short-term, but while we are looking for better alternatives, why don't we drill here? It'd solve some economic issues.
 
I know it's short-term, but while we are looking for better alternatives, why don't we drill here? It'd solve some economic issues.

We HAVE better alternatives: hydroelectric, solar, and wind are ALL renewable sources of energy that can be used to produce ample electricity to fuel our vehicles (and heat/cool our homes) that will reduce our demand for oil NOW. THAT would solve "some economic issues."
 
I'm just stating a fact that you have clearly got wrong. Go back and learn science all over again.

Wait what? I say diesel and petrol don't have a go at me! And I don't really need to back and re-learn Science considering that I'm getting A's in my Triple Science GCSE.
 
We HAVE better alternatives: hydroelectric, solar, and wind are ALL renewable sources of energy that can be used to produce ample electricity to fuel our vehicles (and heat/cool our homes) that will reduce our demand for oil NOW. THAT would solve "some economic issues."

But they're not... convetional? is that the word? Smart Cars (the electric ones) don't hold a charge for too long right now. The solar power cars are bulky and don't go too fast right now (which is why there are none on the market). I'm not saying that there are no alternatives, but there are none that work better than gasoline right now. Once we find something that can work perfectly/better than gas, then we won't need to drill and worry about this stuff anymore. It would solve some economic issues. And we're probably really close to a new fuel source, however, what would we do with the cars that run on gas?
 
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We HAVE better alternatives: hydroelectric, solar, and wind are ALL renewable sources of energy that can be used to produce ample electricity to fuel our vehicles (and heat/cool our homes) that will reduce our demand for oil NOW. THAT would solve "some economic issues."
The market decides what's better and it is/will.

Additional drilling (i.e., increasing supply of oil), is not a long-term solution, especially because there is a finite amount of unextracted petroleum in the world. Turning to alternative (particularly renewable) sources of energy (i.e., decreasing demand for oil) is both a short-term and long-term solution.
There is no way for a person to know what the best solution is. As oil becomes more costly, the market will favor alternatives. We don't need to know what the best solution is, because a free market will pick the best solution.

It's hard to believe that people back in the day thought 18 cents/gal was expensive...if they were here to see the gas prices now they'd probably have a heart attack. Yes, the price is going through the roof, but so is everything else. I don't drive yet so, I'm not sure what exactly it is here, but I think the last time I went it was around 3.5.
It's mostly due to inflation though. That's why the price of everything went up since then.
 
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The market decides what's better and it is/will.

We don't need to know what the best solution is, because a free market will pick the best solution.

Ah, you've identified the REAL problem: a "free" market does NOT exist. Oil companies, with their politically purchased subsidies, have "rigged" the market. Also, let's not forget the automobile industry who have systematically fought alternatives to the hugely inefficient internal combustion engine (less than 10% of gasoline's cumbustion energy is transmitted to vehicle function).

Your "faith" in markets is grossy misplaced. Have you already forgotten 2008? The Bush/Cheney financial collapse was the result of failed markets. History is repleat with market failures. ALL markets eventually fail.
 
A problem with finding alternatives is that everyone would have to buy a new car. If you were going to "transpose" a new engine that ran on... electricity into a car that used to run on gas, you'd have to rework the entire car. I doubt people will get rid of their current cars to buy a new car.
 
A problem with finding alternatives is that everyone would have to buy a new car. If you were going to "transpose" a new engine that ran on... electricity into a car that used to run on gas, you'd have to rework the entire car. I doubt people will get rid of their current cars to buy a new car.

No one "has" to do anything. Finding alternatives has NOTHING to do with mandates.
Why is buying a new car a problem? Some people buy a new car every year.
"Everyone" bought electric lights instead of kerosene lamps. The system of lighting was entirely "reworked." Why do you suggest that "reworking" vehicle engines is a "problem?" Why is innovation such a "problem?"
There are plenty of companies in existence that will convert your internal combustion engine vehicle to a electric engine vehicle if you wish.
Your doubt is misplaced. People have been "[getting] rid of their current [internal combustion engine] cars to buy new [electric engine] cars" for decades.

Look, you framed the "problem" as high gasoline fuel prices.
The long-term solution to high gasoline fuel prices is NOT increasing supply.
The long-term solution to high gasoline fuel prices IS decreasing demand.
 
There's a big difference between buying an electric lamp instead of a kerosene lamp, and that is price. It's not exactly cheap. IN this economy, not a lot of people can afford to "buy a new car every year" as you put it. It still costs money. Yes, gas is expensive, but so is buying another car. If it was gradual, as in you had gas stations with electrical outlets for cars, that'd be fine. However, that still poses a problem. If everyone uses electricity to power their car, electric prices would go up as well. It requires a lot more energy than charging a phone or something.
 
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