Mustang Social Forums

Oil has dropped more than $5 a barrel, which hopefully will trickle down to our gas prices... at least a little.

Link to news story

I think they are going to have to restructure their pricing within the next year or so. If the rumors are true and we hit $7 a gallon next year, the drastic drop in gas use is going to hit the petroleum companies pretty hard. They will have to raise prices again because of lower demand, and the cycle will continue. If prices get too high, the demand could dry up for them, meaning less volume moved. The sheiks know this all too well, and I have a feeling that prices should level out this fall. Hopefully anyway.

I know I'm driving my mustang a lot less, because of fuel prices. I've only driven it twice in the past month!

I would love to hear the oil price drop. It would bring music to my ears once they have dropped the price. There would be more traveling on my part.

I think the price of fuel will be kept artificially high. Now that the fuel retailers have got the idea that oil is in short supply and therefore expensive into the heads of the fuel buying public they'll not want to drop a money spinner.

Checkout Pickensplan on the net. I hope it's not to late. The price of oil, and the war in Iraq, are killing the American way of life. We may very well become the next third world nation. I don't see gas prices droping, unless the price falls to 80.00 bucks.

dethwryder wrote:Checkout Pickensplan on the net. I hope it's not to late. The price of oil, and the war in Iraq, are killing the American way of life. We may very well become the next third world nation. I don't see gas prices droping, unless the price falls to 80.00 bucks.

Here is the link to Picken's plan, it sounds like a great idea, and I hope it takes off.

It is the same on my country. I’m not seeing any price drop on fuel cost either. I wonder when we will see the result of the oil price drop in our local gasoline station.

Jeremy wrote:

dethwryder wrote:Checkout Pickensplan on the net. I hope it's not to late. The price of oil, and the war in Iraq, are killing the American way of life. We may very well become the next third world nation. I don't see gas prices droping, unless the price falls to 80.00 bucks.

Here is the link to Picken's plan, it sounds like a great idea, and I hope it takes off.

I've never understood why wind and solar energy is not taken more seriously when there's so much empty space. Is it a technical / logistical problem or a political one?

Green-Moo wrote:

Jeremy wrote:

dethwryder wrote:Checkout Pickensplan on the net. I hope it's not to late. The price of oil, and the war in Iraq, are killing the American way of life. We may very well become the next third world nation. I don't see gas prices droping, unless the price falls to 80.00 bucks.

Here is the link to Picken's plan, it sounds like a great idea, and I hope it takes off.

I've never understood why wind and solar energy is not taken more seriously when there's so much empty space. Is it a technical / logistical problem or a political one?

It would be nice if we can drive an electric powered car. I heard that the operational cost is much lower than running a car that is run on fuel.