Will the Price of Gas ever Drop?

[remingtonbo2001]

If gas prices are a concern, here is a site which offers a few helpful tips.

http://www.christinecolumbus.com/str...gasdollars.asp

[Nbadan]

April 28, 2008

...Meanwhile, the president of the Organization of Petroleum Exporting Countries says oil prices could go as high as $200 a barrel.

...According to the Reuters news agency, OPEC chief Chakib Khelil told Algeria's government newspaper, El Moudjahid, the high prices are a result of the dollar's slide, and have little to do with oil supplies.

The record oil prices come as some economists expect two of the world's biggest oil companies, Exxon Mobil and Royal Dutch S , to announce record first-quarter profits.

Link

[RandomGuy]

Yes, dollar neglect is a likely factor.

What is the role of environmental regulations and activism in driving up the cost of oil?

Not as much as some seem to think.

[JoeChalupa]

It will only go higher. The day of what I call cheap gas are over. No mas.

[boutons_]

And of course Detroit, coddled by dubya for 7 years, now with a lazy, long CAFE, is not ready to offer US cars that get 40,50 mpg in $6+/gal markets.

so? buy Japanese, buy European, etc.

[RandomGuy]

And of course Detroit, coddled by dubya for 7 years, now with a lazy, long CAFE, is not ready to offer US cars that get 40,50 mpg in $6+/gal markets.

so? buy Japanese, buy European, etc.

Vive la free-market system.

Ohio's employment problems don't stem from any US government policy, it stems from the horrible strategic blunders of the US automakers.

They spent all of their money on giving us what we as consumers wanted, and that is all well and good, but didn't look much past the next fiscal year, and unsurprisingly it bit them in the ass. This is where American companies get pwned because of the the way we have a tendency to focus too much on quarterly results.

Ford seems to have had the best outlook of the bunch and that forward looking strategy means that they are a bit ahead of the ball game. I see the big F doing quite well in the coming years. Their stock will sit around for the next year or so, and then take off as they acheive the turnaround that their management has been working towards long before GM realized the need.

[Don Quixote]

Ford seems to have had the best outlook of the bunch and that forward looking strategy means that they are a bit ahead of the ball game. I see the big F doing quite well in the coming years. Their stock will sit around for the next year or so, and then take off as they acheive the turnaround that their management has been working towards long before GM realized the need.

Is this a stock tip? How can we know that you're not just a pump-and-dump huckster?

[RandomGuy]

Is this a stock tip? How can we know that you're not just a pump-and-dump huckster?

(laughs) I assume that is a joke, but on the off chance it was half-way serious:

Ford stock is kind of hard for one guy to do a "pump and dump", with an average volue of 81M shares traded PER DAY.

Pump and dumps work best with thinly traded small companies and Ford is neither thinly traded, nor small.

It is a stock tip. I have no financial interest in Ford at all. I know nobody who works at Ford, own no Ford stock, and have no financial interests in dealerships or anything else.

I WILL be pumping some retirement/investment funds into Ford at some point in the next few years, and plan on keeping that money there until retirement. Based on this, it is actually in my economic best interest to talk smack about the company to try and bring the price down until I buy into the company.

Take the advice for what it is worth.

[RandomGuy]

I do own a Ford vehicle. One used cop car Crown Victoria. I will drive this vehicle through its 300,000th mile sometime in October. uva car.

There is a good chance I will buy a Ford Focus or Toyota Corolla in the coming year though. I am leaning on the Corolla simply because of the fact that there will be a Toyota factory in SA pretty soon. I think they are primarily going to be building trucks there, but the Toyota company infrastructure in the area will certainly benefit greatly from this.