Jun 23 - Gas could fall to $2 if Congress acts

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 9 years ago '04        #61
mims820 3 heat pts
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 WiLLiePerezez said:
and wtf do u know genious???? let me know so im ready for it

do u work for the govy? so u think u have better knowledge then the rest of us?

u corny motherfu*ker actin like u know sh*t eat a d*ck u piece of sh*t :applause:


But he JUST MIGHT know how to spell GENIUS correctly
 9 years ago '04        #62
enetblazin4eva 4 heat pts
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 elmonto said:
even if gas does go back down, food prices wont because they will get used to making a bigger profit and wont lower prices
People need their big a.ss SUVs over food...........
 9 years ago '07        #63
Jeet Kune Do 12 heat pts12
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 stfdkd37 said:
man see yall was complaining when gas went up to 2.75 a gallon bet we all wish we can get that sh*t back now
you damn straight
 06-24-2008, 03:04 PM         #64
ReFtheMC 
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Hmmm...
 9 years ago '04        #65
patt24 52 heat pts52
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american greed will never let that happen
 06-24-2008, 04:05 PM         #66
g.o.a.t91 
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Supply and Demand people, Supply and Demand....
 06-24-2008, 04:52 PM         #67
qstr8 
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...I wish gas wud drop to 2 dollars. I'm not gonna know how to act. Leave my car runnin ova night and sh*t. Speed off from a complete stop just for the hell of it. Stupid sh*t so I kinda hope gas don't just a little bit cuz I'ma act mad retarded. Start doin laps around the gas station just to put some more gas in my car. Gas can go down if it wants to, think I ain't gon act a fool
 9 years ago '06        #68
dmoney80 
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 oncue said:
yea, because you guys somehow know how all this works rights? stop being ignorant
AGREED:applause::applause::applause:
 06-24-2008, 07:29 PM         #69
finesse1272 
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 killababi said:
<---remembers $.99 gas about 6 or 7 years ago
15 dollar fill ups were the sh*t
Real talk it's funny how you can say I remember when gas was like .99 or even 1.09 and 1.19 and that sh*t wasn't even that long ago sh*t is crazy now
 9 years ago '04        #70
Rileyboy03 
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they sellin dreams...this sh*t aint happenin no time soon
 9 years ago '04        #71
famoussasjohn 17 heat pts17
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sounds like it failed..





By H. JOSEF HEBERT, a.ssociated Press Writer 19 minutes ago

WASHINGTON - House Democrats failed Tuesday to resurrect a bill to punish price gouging at the gas pump, while maneuvering to block Republican attempts to expand offshore drilling, an idea gaining in popularity amid $4-a-gallon gas prices.
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Action on legislation that would a.ssure continuation of the ban on oil and natural gas drilling in most of the country's coastal waters was put off until later this summer after it became increasingly clear that Republican lawmakers may have the votes to lift the drilling moratorium.

As Democrats prepared a string of energy proposals before lawmakers depart for the July 4 holiday recess, Republicans charged that they were being blocked from getting a vote on whether to end the ban on offshore oil and gas drilling.

Last week GOP presidential candidate John McCain as well as President Bush called for ending the blanket prohibition on energy development over 80 percent of the country's offshore waters. Republicans contend that the offshore bans should be ended to allow for more domestic oil and gas production, an argument that has gained support with $130-a-barrel oil raising the cost of everything from food to air travel.

The House Appropriations Committee has postponed consideration of an Interior Department spending bill that included continuation of the offshore drilling ban. Republicans had prepared a proposal that would have ended the ban and allowed oil and gas development 50 miles from shore in all U.S. coastal waters.

"Somebody's afraid that we'll send a message" and lift the drilling ban, Rep. Jerry Lewis of California, the ranking Republican on the Appropriations panel, said Tuesday as the panel focused on other legislation.

The similar Interior spending bill, which also included the offshore drilling ban, was put off in the Senate as well.

Meanwhile, House Democratic leaders failed to get the two-thirds vote needed to push through a measure that would have made gasoline and diesel fuel price gouging a federal crime, with penalties of up to $2 million for individuals and possible jail time. The vote was 276-146.

The House has passed similar gouging legislation previously, as has the Senate, only to be abandoned. Supporters of the bill argued that gouging is widespread, while opponents said it is not and would be difficult to prove even if it occurred.

Democratic congressional leaders remain strongly opposed to lifting the drilling moratorium, arguing that oil companies already hold leases to 40 million acres of federal waters that they have not moved to develop.

"One way you deal with this problem of supply ... is to force oil companies and gas companies that own permits to drill them," said Illinois Rep. Rahm Emanuel, a senior member of the Democratic leadership.

House Majority Leader Steny Hoyer, D-Md., said that legislation to lift the ban has significant support and might pass the House, but he told reporters, "If we allow drilling everywhere tomorrow, there would be no additional supply available."

Energy experts and oil geologists acknowledge it would take five to 10 years for any oil or natural gas to be produced if the ban were ended today.

"We have the votes," maintained Rep. John Peterson, R-Pa., sponsor of the pro-drilling measure that would open waters 50 miles offshore to oil companies. But he said House Speaker Nancy Pelosi of California "will do everything she can do to stalemate it."

Emanuel, at a news conference, sidestepped questions on whether Democrats are concerned the GOP drilling measure was gaining support and that Democratic leaders were refusing to allow it to come up for a vote.

Instead, Emanuel emphasized that Democrats soon will push legislation that would require oil and gas companies to explore and develop the waters on which they already have obtained federal leases. If they don't, they will lose the leases.

Oil companies and their GOP supporters in Congress "are using this crisis as an excuse" for a grab for additional federal land and waters, said Emanuel.

Other Democratic proposals range from giving the federal government new tools to curtail speculation in oil trading markets by imposing new requirements on the amount of collateral traders must have in oil purchases and requiring a reduction in mass transit fares.
 9 years ago '04        #72
kaph_een 
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haha, so much for that. it is nice thinking back on the times when i started driving in 98. i had a little 91 stick shift ford escort. gas was, like, .87 cents a gallon. i could fill up for 12 bucks.
 9 years ago '05        #73
Soprano ATL 43 heat pts43
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i dont give a fu*k if its 10 a gallon... that bmw gettin whipped regardless
 9 years ago '04        #74
ABSOLUTE STYLE 
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 ai3theanswer said:
will never happen, not even $3/gal.
we have more oil reserves then saudi arabia. now, if we (congress, mainly the dems now) allowed off shore drilling, this would be very feasible.
 06-24-2008, 10:22 PM         #75
Darth Hater 
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at this point i would be happy if they just capped it at 5 dollars a gallon
 9 years ago '04        #76
DjInfamous804 5 heat pts
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$1,536 | Props total: 62 62
Whats so sad is...that...there are so many loopholes in the system they could've prevented numbers from going up long ago.Congress knew this was coming....they predict the outcome of it all..so they can save up....build in more revenue.Also...look at the cars that are coming out...Hybrids...Congress has alot to do with that...for EPA's sake....so the more hybrids are built the cost of gas should be going down anyways....
 9 years ago '04        #77
D. Norman 6 heat pts
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$14,882 | Props total: 2030 2030
it honestly wont happen people are paying for it at 4.10 nation average or somthing, why would the goverment cut that money there getting in half... but in all honestly if they brong it down to 3 dollars a gallon i be pretty fu*kin happy and so would every american, sh*t 3.50 and people be happy that 4 dollar+ a gallon just doesnt look good to any one
 9 years ago '08        #78
litdes 
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$1,279 | Props total: 1031 1031
man if it goes down to 2 bucks im finna take a cross country trip
 9 years ago '05        #79
meercy|m 
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$9,375 | Props total: 474 474
0.99 use to be the gas here...wow....look at it now..
 9 years ago '06        #80
d4deesnuts 3 heat pts
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$6,425 | Props total: 3136 3136
if true, its good for most of us but sucks for those people that bought that car that comes with the $2.99 guarantee on gas for the next 3 years.
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