Oil just hit $140 a barrel

[leftyladyfrommo]

Great.

Our gas had gone down just a little - to $3.83. Talked to my brother in Spokane and he said theirs is about $4.09.

[Teaser]

1. you mean oil, right?

or do you mean gas?

[leftyladyfrommo]

3. No, oil. Sorry. N/t

[Mountainman]

2. In Santa Barbara I saw regular at $4.99 9/10 the others were over $5.

[leftyladyfrommo]

4. Oh, my gosh. Are people switching ov er to smaller cars?

Can you tell.

[Mountainman]

6. Sure they are, but the thing I think people don't get is that most people

have loans on the vehicle they are now driving. If you owe more for a car than you can get for it, then it doesn't make sense to get rid of it if you can park it.

Buying a new car on debt doesn't cut you vehicle costs. Gas is just one factor.

Like this. You have an older SUV with a $500 a month loan payment and a couple of more years to pay on it. No one wants it so if you traded it in on a smaller car you would still have to pay off the loan in the price of the new car. So you will still be paying $500 or more a month plus the price of gas.

[Tesha]

7. Well, Saturday night a Great White Whale Chevy Yukon was idling with the AC on....

the whole time that Mr. Tesha and I were at the Dairy Queen
(say, fifteen minutes) so I've got to say that for at least
*SOME FOLKS*, gas prices obviously still aren't yet nearly
high enough to hurt *THEM*.

Tesha

[gatorboy]

5. One of the reasons is an oil rig fire...Which seem to happen ALOT lately...

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=3462083&mesg_id=3462083

[Blackhatjack]

8. "OK, Houston: We have lift off !!!" ($5/gal straight ahead) n/t

[Tutonic]

10. I'll see your five and raise you six.

We're right below the $5 mark in southern California and therefore I'm going to assume that we'll be right below $6 in time for the November election. And can somebody tell me again why McCain thinks that he has a chance?

[mtnester]

9. So much for the Saudi's pumping more oil into the system

that worked out well.

[Fireweed247]

11. It is time to talk about the real reason for these prices!

McCain Closely Connected with man responsible for high Gas Prices!
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x3463000

[Catherine Vincent]

12. The gas station right outside my subdivision has been stuck on $3.85

for the past few weeks. Let's hope the next time it changes, it will change to less.

[leftyladyfrommo]

13. Our gas just jumped overnite - to 3.93 up from 3.80.

Sigh.