Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:05 AM

GasBuddy News Article

50
votes
Worst of oil spike is over- U.S. poll

The Globe And Mail -- WASHINGTON — Most Americans think that the worst of the fuel price spike that pushed gasoline above $4 (U.S.) per gallon has passed, but they have little hope that the housing market will stage a swift recovery, according to a Reuters/Zogby poll released on Wednesday.

The economy has jumped to the top of voters' concerns this election year, eclipsing the Iraq War, and that has put the housing bust and rising inflation squarely in the spotlight.

The poll of 1,089 likely voters found that just under 13 per cent thought gasoline prices would rise a lot between now and the end of the year. About one quarter thought prices would rise a little, while one in three thought they would drop a little and 18 per cent said they would stay about the same.


Read the Full Article

Submitted Aug 20, 2008 By: JT
Category: Daily News Article Discussions > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Worst of oil spike is over- U.S. poll Topic is locked Back to Topics
REPLIES (newest first)
Profile Pic
tizbowwow Car icon
Champion Author Illinois

Posts:3,446
Points:649,000
Joined:May 2008
Message Posted: Aug 24, 2008 8:29:05 AM

hard to believe this
Profile Pic
jim92065 Car icon
Veteran Author San Diego

Posts:385
Points:57,935
Joined:Jul 2008
Message Posted: Aug 24, 2008 1:38:31 AM

POLELANE's posts are making more and more sense to me.

I'm very frightened.
Profile Pic
samc3d Car icon
Champion Author Jacksonville

Posts:6,777
Points:1,506,925
Joined:Sep 2005
Message Posted: Aug 21, 2008 6:25:28 PM

The fuel crisis is far from over. As a nation we Americans have much too short of a memory. Our problems with foreign oil will continue as long as we depend on foreign oil.
Profile Pic
fstang94 Car icon
Rookie Author Massachusetts

Posts:64
Points:19,390
Joined:Jun 2008
Message Posted: Aug 21, 2008 12:00:18 PM

ya right it will even more out of control the next time topping out at $5.00 plus a gallon,who are they kidding
Profile Pic
STEVE853 Car icon
Champion Author Florida

Posts:1,547
Points:374,585
Joined:Nov 2007
Message Posted: Aug 21, 2008 11:46:31 AM

Maybe.
Profile Pic
letmathe Car icon
Champion Author Chicago

Posts:9,236
Points:2,135,220
Joined:May 2001
Message Posted: Aug 21, 2008 11:44:51 AM

ditto
Profile Pic
drthunder Car icon
Champion Author New York

Posts:1,190
Points:272,855
Joined:Sep 2005
Message Posted: Aug 21, 2008 11:26:58 AM

I do not believe one bit of this
Profile Pic
qwikss Car icon
Veteran Author Phoenix

Posts:253
Points:82,745
Joined:May 2006
Message Posted: Aug 21, 2008 11:24:57 AM

Didn't I see this one yesterday?
Profile Pic
GirlyTruck Car icon
Champion Author Los Angeles

Posts:2,659
Points:542,340
Joined:Aug 2007
Message Posted: Aug 21, 2008 11:24:00 AM

All the people tell me so, but what do all the people know?
Profile Pic
rjb21760 Car icon
Champion Author Chicago

Posts:2,097
Points:668,360
Joined:Oct 2006
Message Posted: Aug 21, 2008 11:20:10 AM

doubtful
Profile Pic
Jim_F Car icon
Rookie Author Dallas

Posts:19
Points:23,630
Joined:Mar 2008
Message Posted: Aug 21, 2008 11:16:37 AM

Don't believe one bit of the polls! There are a bunch of us that will tell the pollster just the opposite of what we believe. We hate those unsolicited phone calls.

We are still in a price rise. Just because gas dropped about $0.40 from the top, we are still paying a $1.00 more than a year ago. It will be nice if it goes down below $3.00. But if it does, it will only be for a short time, and we will never see below $3.00 again. A year from now we will be wishing for gas below $3.50. (I just purchased a tank at $3.22)
73
Profile Pic
TBoneSoCA Car icon
All-Star Author Orange County

Posts:509
Points:88,430
Joined:May 2007
Message Posted: Aug 21, 2008 11:15:29 AM

I doubt the worst is over...
Profile Pic
chd2008 Car icon
Rookie Author Georgia

Posts:42
Points:9,030
Joined:May 2008
Message Posted: Aug 21, 2008 11:12:37 AM

They didn't ask me! Maybe gas prices is still top on my list! Just because it came down 50 cents (probably temporarily) doesn't mean it's no longer a problem!!! We are still at the mercy of the oil companies!!
Profile Pic
NavyEOD Car icon
Champion Author Los Angeles

Posts:4,283
Points:889,415
Joined:Jul 2007
Message Posted: Aug 21, 2008 11:11:59 AM

I doubt it very much.
Profile Pic
ftsgt Car icon
Champion Author Illinois

Posts:7,558
Points:1,513,575
Joined:Dec 2004
Message Posted: Aug 21, 2008 11:09:57 AM

not so fast, rising 2nd day in a row, its early but its up almost $4 so far
Profile Pic
evasilion Car icon
All-Star Author Virginia Beach

Posts:701
Points:132,320
Joined:Mar 2008
Message Posted: Aug 21, 2008 11:06:54 AM

Who really knows?
Profile Pic
Don20 Car icon
Champion Author Oklahoma City

Posts:3,877
Points:1,476,115
Joined:Mar 2005
Message Posted: Aug 21, 2008 11:05:12 AM

How can you say its over, when the price is still $3.40 to $3.50 a gal.. Here.
Profile Pic
dabuzman Car icon
Champion Author Seattle

Posts:3,167
Points:864,080
Joined:Apr 2006
Message Posted: Aug 21, 2008 11:05:03 AM

We may have seem to spike on gas but we still have to not seem the rest of the affects. Housing, airline and the rest is coming in small inker mets. Called inflation. Hang on we all at to lose more. Greed will have a world affect.
Profile Pic
Lovelee Car icon
Champion Author Detroit

Posts:13,592
Points:918,550
Joined:Mar 2007
Message Posted: Aug 21, 2008 11:03:38 AM

So this let's the politians off the hook for November Elections.
Profile Pic
RochBear Car icon
Champion Author Minnesota

Posts:4,558
Points:908,085
Joined:May 2006
Message Posted: Aug 21, 2008 11:03:36 AM

DarthDad, you better go take Econ 101. A recession is two consecutive quarters of NEGATIVE growth. We have yet to have ONE quarter of NEGATIVE growth in GDP.

Therefore, we're a NOT in a recession, even if the idiots in the press say we are, just because they say so, does not make it reality. Remember you can't believe everything you read in the papers. Remember the news media has an agenda, and what is reported has a slant.

And yes, I learned that in My many Econ classes. (I have a Bachelor of Science in Econ from the U of Minnesota)
Profile Pic
Cyberpeep24 Car icon
Champion Author Oakland

Posts:1,605
Points:138,645
Joined:Apr 2008
Message Posted: Aug 21, 2008 11:03:11 AM

Keep conserving, this is not even close to being over
Profile Pic
NissanGirl Car icon
Veteran Author Oregon

Posts:308
Points:200,010
Joined:Jan 2008
Message Posted: Aug 21, 2008 11:03:05 AM

Who do they poll on these things? I'm not silly enough to think that the worst is over. I am just going to enjoy the slight decline in prices while it lasts.
Profile Pic
NoodlyWee Car icon
All-Star Author Orange County

Posts:567
Points:94,895
Joined:Mar 2008
Message Posted: Aug 21, 2008 11:01:59 AM

Great! We can only hope the prices will keep declining. I won't be satisfied until it's closer to high $2's and low $3's.
Profile Pic
bobsalwaysmt Car icon
Champion Author Long Island

Posts:1,991
Points:134,915
Joined:Oct 2007
Message Posted: Aug 21, 2008 10:59:47 AM

Hopefully that is not a precursor to a return to our old driving and consumption habits and an increase in demand.
Profile Pic
Gorlock Car icon
Sophomore Author Toledo

Posts:212
Points:29,090
Joined:Jul 2008
Message Posted: Aug 21, 2008 10:57:45 AM

I should guess as well. Maybe someone will publish my guess.
Profile Pic
Caspertherat Car icon
Sophomore Author Arkansas

Posts:155
Points:37,530
Joined:Jul 2008
Message Posted: Aug 21, 2008 10:56:00 AM

Of course they will rise. The gas companies have one last shot at us for the Labor Day weekend and they will do something. Check out the news where the Govt. is reporting supplies are down yet we have been driving less.
Profile Pic
Gerund1 Car icon
Champion Author Toronto

Posts:1,237
Points:840,480
Joined:Apr 2003
Message Posted: Aug 21, 2008 10:53:35 AM

Look out America!! The price of oil appears to be attempting to get back to their highs, which means that fuel prices will more that follow.
Profile Pic
BM4225 Car icon
Champion Author Atlanta

Posts:4,596
Points:1,007,270
Joined:Aug 2006
Message Posted: Aug 21, 2008 10:52:05 AM

Part of the gloom that is going on is because of the news media. One bank failed just because someone reported that they were in trouble. The bank would still be in business today, and it depositers that lost millions in uninsured deposits would still be whole today. Know the facts before you speak.
Profile Pic
USMCret Car icon
Champion Author Dayton

Posts:4,586
Points:1,259,545
Joined:Apr 2005
Message Posted: Aug 21, 2008 10:49:30 AM

Nope, its not!!
Profile Pic
maindrag Car icon
Champion Author Ontario

Posts:1,113
Points:61,515
Joined:Dec 2005
Message Posted: Aug 21, 2008 10:49:24 AM

that's cause we need to live, it just can't go up. a 59 yr old guy just jumping off the bluewater bridge due to financial deficulties. sad
Profile Pic
murdershewrote Car icon
Champion Author Riverside

Posts:3,778
Points:1,462,735
Joined:Mar 2005
Message Posted: Aug 21, 2008 10:49:05 AM

remember yogi berra...right now ..the fat lady is gargling
Profile Pic
DarthDadJr Car icon
Champion Author Virginia

Posts:2,525
Points:500,285
Joined:Jul 2008
Message Posted: Aug 21, 2008 10:48:59 AM

We are still in a recession...even though Bush does not like to say that word!
Profile Pic
kypeanuts Car icon
Veteran Author Louisville

Posts:342
Points:74,160
Joined:May 2008
Message Posted: Aug 21, 2008 10:48:39 AM

right - until they come up with another reason to raise the prices
Profile Pic
KrazyDawg Car icon
Champion Author California

Posts:2,283
Points:383,195
Joined:Aug 2007
Message Posted: Aug 21, 2008 10:47:43 AM

It's not over.
Profile Pic
yeehaw1073 Car icon
Sophomore Author Indiana

Posts:132
Points:932,840
Joined:May 2004
Message Posted: Aug 21, 2008 10:46:47 AM

There's a good idea...poll the American people. They're the ones who really know. Good Grief!!!
Profile Pic
TwoEyes Car icon
Champion Author New Haven

Posts:1,683
Points:1,578,210
Joined:May 2005
Message Posted: Aug 21, 2008 10:38:05 AM

probably no decline today -- oil has spiked up $4.44 to over $119/barrel.
Profile Pic
Austin1850 Car icon
Champion Author Austin

Posts:7,083
Points:610,700
Joined:May 2008
Message Posted: Aug 21, 2008 10:37:00 AM

will rise for Labor Day
Profile Pic
PantySnatcher Car icon
All-Star Author Alabama

Posts:647
Points:437,465
Joined:Apr 2005
Message Posted: Aug 21, 2008 10:36:15 AM

Wanna bet, on this?
My paycheck(which is pruddy good),against your's?
Any, take'er's on this gamble?

That's right....
I thought, so!
Profile Pic
LTCBILL Car icon
Rookie Author New Jersey

Posts:98
Points:393,660
Joined:May 2006
Message Posted: Aug 21, 2008 10:33:14 AM

Until the next one
Profile Pic
JPEight Car icon
Champion Author Nashville

Posts:4,987
Points:572,830
Joined:Jul 2008
Message Posted: Aug 21, 2008 10:33:11 AM

One Cat 4 Gulf Hurricane is the only excuse they need to go back up. Failing that, they'll find something else - from the Russians sitting on the Transcaucus pipeline to the presidential election.
Profile Pic
hugrad2005 Car icon
Sophomore Author Arkansas

Posts:134
Points:77,395
Joined:Jun 2008
Message Posted: Aug 21, 2008 10:31:46 AM

Who are "most Americans?" Who did they ask to get that idea? I sure don't think the worst is over. I'm not about to breathe a sigh of relief from the over $4 a gallon gas we'd been paying. It is only a matter of time, probably a short time, before it all goes back up again and never comes down.
Profile Pic
whitemiata Car icon
Champion Author Albany

Posts:7,577
Points:1,615,210
Joined:Mar 2005
Message Posted: Aug 21, 2008 10:31:36 AM

yeah, I'm enjoying the low prices while they're here, not expecting them to stay..
Profile Pic
ElCubano Car icon
Champion Author Miami

Posts:2,038
Points:418,575
Joined:Sep 2006
Message Posted: Aug 21, 2008 10:31:34 AM

housing and fuel costs are killing this economy
Profile Pic
jdbgn Car icon
Champion Author Los Angeles

Posts:6,136
Points:1,001,710
Joined:Apr 2007
Message Posted: Aug 21, 2008 10:30:51 AM

Don't bet on it.
Profile Pic
amacquarrie Car icon
All-Star Author Nevada

Posts:511
Points:111,775
Joined:Jun 2008
Message Posted: Aug 21, 2008 10:28:06 AM

up to $119 a barrel
Profile Pic
Blackice Car icon
Champion Author Twin Cities

Posts:2,855
Points:730,955
Joined:Oct 2003
Message Posted: Aug 21, 2008 10:25:16 AM

Crude oil is UP $3.75 today at this time...
Profile Pic
Arktander Car icon
Champion Author Illinois

Posts:1,205
Points:781,085
Joined:Aug 2005
Message Posted: Aug 21, 2008 10:23:29 AM

We'd better not get used to the lower prices. They are bound to rise.
Profile Pic
Roo08 Car icon
Veteran Author Grand Rapids

Posts:398
Points:57,115
Joined:Jul 2008
Message Posted: Aug 21, 2008 10:22:39 AM

Why should the average Joe know what's going to happen when the average analyst doesn't have a clue. No one agrees. No one can tell the future. If only I could then I'd be rich. LOL
Profile Pic
rtw777 Car icon
Champion Author Florida

Posts:3,533
Points:692,800
Joined:Jan 2008
Message Posted: Aug 21, 2008 10:20:22 AM

Look how wrong they can be. Wishful thinking I guess.
Profile Pic
AnObserver Car icon
Champion Author New Jersey

Posts:3,587
Points:1,269,205
Joined:Sep 2005
Message Posted: Aug 21, 2008 10:18:29 AM

Few are unhappy to see it behind us. Unfortunately the same same carbon dependency still exists
Topic is locked Back to Topics