If gas reaches $5.00/gal are you done?

[danes-on-tour]

Price at my local gas station this morning:

$8.25 per gallon.

As a result of this no-one here drives a truck and motorhomes are non-existent. Average motor size in the all dominant compact cars is 1.8 liter (same size as you use in your lawn mowers ).

Once gas prices in the US reach this level you may just see the same overall change in cars/trucks.

[Max Hubrich]

Golly- How much would a taxi ride cost you?

How are things in Aalborg? one of my favorite cities in all of Europe.

Regards,

[danes-on-tour]

Originally Posted by Max Hubrich

Golly- How much would a taxi ride cost you?

How are things in Aalborg? one of my favorite cities in all of Europe.

Regards,

Hi Max

Only the young and business people use taxi's. All the rest of us, who realize that money doesn't grow on trees or can't deduct the massive taxi bill from our taxes, just don't use them. We find cheaper alternatives.

Aalborg is still in the grips of winter - i.e. absolutely freezing. Not sure if they still have the icebreakers operating. Still a very lively place on a Saturday night.

[Ray,IN]

We may actually experience $4 gas and $4.40 diesel by May, if the "experts" are correct. Today gas is $3.79 in some areas. If Libia declines into anarchy $5 gas will be hard to find. I will modify our travels to suit our finances, but stop camping? Not in this lifetime!

[Renipladlo]

Our MH gets around 8.0 MPG. We have a 143 Gallon tank so when we need fuel, we try to do it when it's only half empty. That is around 70-80 gallons. At current prices that will cost 260.00 approximately. If the price should double, we will still use the MH; will stay longer at one place. We will eat at home, stop going to restaurants for meals, won't go to the movies, or do anything else which costs a lot of money. We like to walk, and read, so we will do more of those things. As fuel prices go up, everything else will follow so we will have to cut other areas of expense so we can use the MH. I think if we see 5.00 gal diesel, the RV industry is done, of the few companies which have come back or survived, those kinds of prices will kill the lifestyle except for the diehard folks. I certainly won’t purchase another unit once this one wears out. It will also kill whatever recovery we had going, so the recession will continue until prices go down. And if necessary we won’t head south next fall and will just use it in our local area to keep our expenses in check. Yeah, Europe pays much higher fuel prices, but almost half of those prices are taxes on fuel, to support their socialist lifestyle.

[Gary - K7GLD]

Originally Posted by Ray,IN

We may actually experience $4 gas and $4.40 diesel by May, if the "experts" are correct. Today gas is $3.79 in some areas. If Libia declines into anarchy $5 gas will be hard to find. I will modify our travels to suit our finances, but stop camping? Not in this lifetime!

A nice bold statement that fails to factor in that the price of fuel increases are not the ONLY every day things to radically increase in price - virtually EVERYTHING we touch or consume revolves around the fuel required to produce, process, and transport it - that includes power for your home, your food, clothing - EVERYTHING!

End result is that with the TOTAL added cost of living, the single issue of fuel for that RV is a relatively small drop in the bucket - and "RVing bravado" dies on the vine as a luxury that is hard to justify and sustain...

[Dav5942]

Sold the boat(.4 mpg) when diesel went from $1.50 to $4, in order to be able to continue RVing. Already sold the house to buy the boat. Should be OK to RV up to $10/gal. but the price of fuel will be insignificant when compared to the other issues(debt, inflation, etc.).

[HoboPals]

On the plus side for fulltimers, if fuel prices get to the point where they can't afford to travel, they can think about two of their favorite places and live in them. Not so easy for those of us who live in stick and brick.

[Always-RVing]

Get ready for $10.00/gallon. There's nothing going to stop it. I look on the roads and can't see any lack of use. It's just like smoking. I seen people standing out in zero temps just for a smoke. Do you think anyone is less likely to stop wasteful, Sunday driving? The public will just move funds from one spending habit to another. No matter what the price is. Shift Left I see people who look like they couldn't afford a Coke and spend all they have for a lottery ticket. If they are so desparate to do that, why would they excercise control over anything else?

The President of BP said there is ONLY one thing to curb oil use... Price $$$

[Fred and Bonnie]

Originally Posted by Batman_777

Get ready for $10.00/gallon. There's nothing going to stop it.

I am usually skeptical when it comes to the economy, however, @ $10.00 a gal there will be no demand, hence no sales.

Remember 2008 when we reached $4.50 a gal and the demand tanked, we experienced the lowest prices in the following years.

Yes, the worldwide demand for oil is up, but everbody has a break point where demand tanks.

fred

[bluepill]

Looks like it's time to change the name of this thread from "IF gas reaches $5/gal...." To "When gas............."
(Insert head banging smiley here)

Solar panels are lookin' better everey day.

[RJay]

The main difference between the coming escalation of gas prices and the one prior is inflation. Last time it was only gas prices, this time it will accompanied by the increase of food, clothing, energy, services and interest rates. Monthly rates at campgrounds will increase because more people will be staying longer. In short what's coming will not be pleasant.

[a k]

How'ed you guys vote? HA

[RedneckExpress]

With the way things are spiraling, all I can do is keep going, "Come on Stock Market Crash!" it took the market getting hosed to bring the prices back down last time, so, sadly, the only thing I can really do is hope for another crash to get things back under control again.