Well said Shearpinn, I'm sick poeple saying this is the American way or this is how capitalism works. This is the republican way, the rich get richer and the poor get poorer. I love how we are going to get our little rebate check rite around vacation time. So maybe we can afford to put gas in are cars to take our families on vacation, That is when gas will be 4$$ers a gallon. Mean while the middle class taxes are used to run this countrywhile the upper class gets tax breaks.

 

I think you need to re-read the article. Honda has decided in 2009 not to produce motorcycles at the Ohio facility anymore and shift the workforce to car, trucks and engines.Honda has decided to consolidate all motorcycle operations in Japan and concentrate their efforts towards bigger bikes. They will still be selling them in the USA.

 

+1

 

Aww stop your bitching!

Come down here to OZ where we pay $5.60AU to $6.00AU per gallon ( $1.50 AU per Liter ) and the petroleum company cry that they are having a hard time making ends meet. Don't get me started on the Woolworths Factor which is also a rip off.

Slowly going broke
GlenndGlide

 

I currently work for a oil& gas exploration company that is involved worldwide. I lived in Europe for awhile on assignment and petrol was expensive then and continues to be expensive now. Europeans at least understood that fuel costs and limited supply was the driving force behind the economical automobiles produced and used. If you can afford the expensive high performance cars, you can afford the cost of fuel.

In the US we have still not really grasped the concept of supply and demand on a limited resource. The driving factors of gasoline prices has nothing to do with current supply as much as demand from new countries economic growth i.e. China, South Amercia and Africa nations. With limited oil reserves known, companies such as the one I work for are forging in areas where it is a technological nightmare to get to the pockets of oil and gas. We are talking drilling in open ocean that the bottom is 6500 feet deep and then another 30,000 feet under the sea bottom to reach the oil. One wellthat is drilled can cost over 70 million US dollars.With the hope that the data was correctand it came insuccessful. It is the cost of exploration and drilling that most people really do not understand. Then equipment must be put in place to produce the oil or gas and then transport it for refining. All these factors end up in the actual cost of a gallon of produced gasoline for the consumer. Speculators are the ones who are driving the price of a barrel of oil and this is based on futures contracts.

We in the US must wake up and understand that the days of inexpensive gasoline is long gone. We have lived with very cheap energy for 100 years and now it has finally caught up with us. I can accept the higher cost even if I don't like it!That isbecause I know and understand the market and the business. The difference now is I need to readjust my thinking, andno longer look at gasoline as this unlimited resource. I need to scale back my large gas eating automobiles and downsize to more economical transportation. As for my Harley's that is different. I will continue to pay the price for premium octane (93+)because of my love of motorcycling. At least they get 35 to 45 miles per gallon unlike my V-8 truck at 15 mpg and my V-8 car at 18 mpg.

Good riding to you in Sweden!

 

BP is trying to spend billions to upgrade a refinery in Whiting Indiana and the tree huggers are throwing a fit, and Obama told the EPA "to take a look at the permit", whatever THAT means. It is the "Not In My Back Yard" gang that slows this stuff down, they just use the dimwit greenies.

The price of gas is not going up, what you are seeing is the value of the dollar going down. Is that encouraging or what?

 

GROW HEMP NOT CORN, much more efficient biomass and good for soil, allows tobacco farmers to have cash crop. Will grow anywhere basically there are plenty of wind farms coming on line but all these technologies take time and HIGH GAS is just what it takes to get it moving finally. Anyone who understands distillation knows diesel is cheaper than gas to make! Write your representatives VOTE raise HELL they will get the message when they look around and HALF their old buddies don't get reelected! Unless you VOTE then you are part of the problem. We have a democratic congress I don't see any difference as long as we are a two party system the little Man is screwed! Lobbyists should be outlawed and a true representative ie. (NO DELEGATES) popular vote should determine a political office! Support railroads in your area, so we like Europe can have an alternative to cars and trucks! In my area if you don"t drive you don't work.

 

Well I will ask you this, Aussie...how long has you fuel been $5-6 a gal. The argument that Europe is $5 is a moot point because I have heard that argument when we hit $1.5, $2, $2.5, and, $3...so they must have had this for a while.

Gas and diesel was $.75 a Gallon in GA in 1998...Diesel was $1.80 a gallon in summer 2004 accross the south...and now, going into summer mind you, diesel is $3.60 here in TX (I have moved around in the last 10 years). So the increase has been rapid, along with the increase of all products that depend on fuel in some capacity...which is everything, yet pay-checks dont rise.

So were you paying $3 last year and $2.5 in 2005?...if not, take your $5.50 this year and next year you pay $7 and the year after that $9 and so on cause that is what has happened here in the last 5-10 yrs.

 

Know doubt, If we borrow any more money off of china we willbitching about the price of gas being in yen or however it is spelled.

 

I am not sure about this, but I hear that most of the cost of fuel for you guys across the pond is for free health care, is it not?