Gas Price in the Future - Time Fest

New_Zealand

New_Zealand

Veteran
I didn't get a chance to finish my Time Fest but here is a few photos taken in the future on what we all have too look forward for.

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What does the 9/10 thing mean? I know you guys do your prices per gallon (ours are per litre) but I've always wandered what the 9/10 thing meant.
 
Because they had no room for yet another 9? Petrol here went clean through the £5 per gallon a while ago (Do your own exchange-rate math)
 
Grug said:
What does the 9/10 thing mean? I know you guys do your prices per gallon (ours are per litre) but I've always wandered what the 9/10 thing meant.
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It's no different that the sales tactic of selling something for 99 cents instead of $1.
But with gas prices they take it a step further, probably because everyone pays attention to the price down to the penny.

So the price of gas is always listed with 9/10 of a cent tacked onto it.
 
Luis Caffesse said:
So the price of gas is always listed with 9/10 of a cent tacked onto it.
Click to expand...

I'm trying to think of how far back it was that I actually saw a decimal that WASN'T "9" in the price of gasoline. Seems like lifetimes ago. (I suppose it was back when gas prices were well below $1 per gallon, and the decimal made more of a difference; now it's just so freaking ridiculous...)
 
Thanks Luis, so you guys use decimal points AND fractions in the same breath?! :huh: Only in America! :grin:
 
When I first got my license my first car had a 10 gallon tank and the prices dipped all the way down to $.83 a gallon. Full tank on less than 9 bucks! And the kicker is I'm only 24 years old. The government doesn't need to put a cap on prices, they need to get out from control of special interest groups and let the oil companies drill for more oil. From what I hear there is TONS of oil off the Gulf Coast, in the Rockies, and in Alaska, but the government won't let oil companies drill there. Also, our countries oil production has gone down from about 8 million barrels a day in the 1980's to 4 million barrels a day now. That might have something to do with prices....
 
All the easy stuff goes first; there are large reserves that only become practical to exploit, once prices rise beyond a certain point.

And, even those large reserves aren't a solution; they will take years to bring on line, and will only fulfill a small part of demand that continues - and probably will continue - to increase dramatically.

Getting off the oil-teat is the only way to go; alas we will probably won't really get serious about it, until facing an immediate catastrophe.
 
Damn Chris F, where were you living? You first got your license in what, 2000? I remember the gas prices being about 1.89 a gallon at that time. I remember because my girlfriend lived a half hour away and I thought it was horrible that I had to keep paying that much money in gas $$$! hahaha I wish I were only paying that much now.

Are you sure it wasn't $1.83 a gallon? That would make sense to me. If you were in up in Indy, the gas prices are usually a bit cheaper than where I was down in B-Town.

The US has it easy as far as gas prices go compared to many other countries. Look at the Netherlands... jeeze. It's like the equivalent of $6.50 a gallon there. Can you confirm this figure Mr. Witkam?
 
The Netherlands - like most of western Europe - has excellent public-transit coverage, both in and between population centers.

So while gas prices there may be insanely high, you're not dependent upon your own car for transportation, in the same way that you are in a lot of US cities.
 
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