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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (385443)5/21/2008 9:30:51 AM
From: michael97123  Read Replies (1) | Respond to of 1575429
 
$4 gas is the last straw. Where i live, i usually head to starbucks on break for a coffee during the day. Problem is its about a 10 mile drive round trip. I have a local place selling coffee about a mile away. By going local, I am now eliminating about 48 (6x8) miles of driving per week, thus saving about 140 gallons per year. This doesnt solve the long term supply problem we have, but its certainly something if repeated by other americans that can dramatically reduce demand and knock down those $4 prices. Slowing down on the highways wouldnt be such a bad idea either. I think going to 55 from 65 or from 75 to 65 can save 10% in fuel costs if i remember the 70s correctly. Young folks here have no idea how to conserve fuel. During WW2 folks saved every drop. Perhaps its time to start doing things like this.
PS i can afford the $4 but i remember the days i paid 30 cents.



To: tejek who wrote (385443)5/21/2008 11:04:31 AM
From: Road Walker  Read Replies (1) | Respond to of 1575429
 
Oil prices up after government reports supply jump By JOHN WILEN, AP Business Writer
19 minutes ago


Oil prices are rising after a government report that the nation's supplies of crude oil, gasoline and heating oil were lower than expected last week.

The Energy Department report says crude oil inventories fell by more than 5 million barrels. Analysts had expected a modest increase. Gasoline inventories also fell, taking the market by surprise.

Light, sweet crude for July delivery is up $1.10 at $130.08 a barrel on the New York Mercantile Exchange. Prices were modestly lower before the Energy Department issued its report.

Overnight, prices crossed $130 a barrel for the first time.