The Energy Department expects gas prices to peak near $3.40 - GM Forum - Buick, Cadillac, Chev, Olds, GMC & Pontiac chat


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View Poll Results: At what price can you no longer afford to drive your car?
already there 8 25.00%
$3.50/gallon 3 9.38%
$3.75/gallon 2 6.25%
$4.00/gallon 4 12.50%
$5.00/gallon 9 28.13%
There is no limit. I have more money than Bill Gates 6 18.75%
Voters: 32. You may not vote on this poll

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Old 02-19-2008, 05:02 PM   #1
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Default The Energy Department expects gas prices to peak near $3.40

http://money.cnn.com/2008/02/19/mark...ex.htm?cnn=yes

And that'* just the US average. Markets with supply problems (upper Midwest US) or more stringent pollution regulations (California) typically see much higher prices. California already routinely pays $3.40 or more.

Where is your personal breaking point?
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Old 02-19-2008, 05:53 PM   #2
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I dont forsee gas becoming so expensive that i wont go somewhere.. but i will start to be concerned for my wallet around $5
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Old 02-19-2008, 06:51 PM   #3
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I would have to say that I am gonna go to work regardless of what the prices are. So I voted $5, but it would probabally be more like $5.50 for us premium pumpers. I think the average is based on regular prices not premium. I think it is time to get a bike and pedal my a$$ around when it hits $7 a gallon.
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Old 02-19-2008, 07:14 PM   #4
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Quote:
Originally Posted by toastedoats
I dont forsee gas becoming so expensive that i wont go somewhere.. but i will start to be concerned for my wallet around $5
That'* what people said when it hit $2.50 a gallon, too. Still tons of traffic on the road.

It won't change my driving habits much since there'* not much I can do about how much I drive. But, we will have to cut back in other areas.
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Old 02-19-2008, 07:21 PM   #5
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it will exceed your expectations in a couple years anyway.

At $10 a gallon i will put a 4" sc pulley on my car
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Old 02-19-2008, 07:29 PM   #6
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once it hits $4.00, I'm getting a Kawasaki Versys and using that to commute...
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Old 02-19-2008, 07:33 PM   #7
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i just pay.. there is nothing you can really do...
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Old 02-19-2008, 07:52 PM   #8
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It passed my threshold at $2/gallon. But whaddya gonna do? They got us over the proverbial barrel (pun intended) and they're stickin' it to us. We ain't a-likin' it, but we'* a-takin' it.
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Old 02-19-2008, 08:06 PM   #9
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Quote:
Originally Posted by harofreak00
i just pay.. there is nothing you can really do...
Agreed.
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Old 02-19-2008, 08:08 PM   #10
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Yup. The only thing you can really do is making adjustments in other areas of your life. Not as much out to lunch. Less beer, etc. If you think about it, I'm sure there are plenty of areas we could take from to make up for this.
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