Stopped by to say good bye.....

[OrangeCrush]

Thanks all, I appreciate it. Like I said, this has always been a cool place to get info and just bs.


Like ya said Taz, I didn't HAVE to sell the H2, I only owe for a year and a half on it.... I could have just paid it off. In fact, many times I made the comment that once I paid it off, I'd let the damn thing sit there rather than sell it.

Between gas prices, extra payments and the fact that it had 103K miles on it, I just figured it was time. I bought my wife a new Jeep (painted it pink already), a new mini cooper for me, and between my Harley payments and existing car loan, I'm paying 2500 bucks a month in car payments. It was just time to lighten the load, no big deal but between insurance and gas and truck payment, I knocked off a grand a month easy.


And as far as the gas price issue, I realize that we are sitting on a TON of oil (processed and still in the ground) but for the poster that said he wouldn't be surprised that gas comes down to .50 a gallon by Nov.... that's naive.

It may drop over the next year a bit (I doubt it we'll ever see 2.00 again) but in the next 2-3 years, it'll only go up.

Good luck everyone, I'll check in time to time.

Mark

[Tex_h2]

I don;t know about everyone else...but gas has been slowly lowering here in texas. Yesterday, I saw as low as 3.30. And a week or so ago, two gas stations in Houston had a gas war....prices drop to a low price of 2.10.....last threw out the day....

[BigKofJustice]

Fuel prices will go in cycles. Theres plenty of oil out there, the oil companies don't wish to cut their own hands off by adding more capacity to lower prices, so they'll tow the "peak oil" line by the enviros because it suits their bottom line.

Oil prices rise and fall, as the US dollar gets stronger, oil prices will fall, thats the real cause of high oil prices, google petrodollar, the whole world trades oil with US Dollars and it really hurts them to covert back and forth because of the lousy exchange rate.

Besides, the way the automakers are acting, there will be a large portion of electric plug and drive, and plug in hybrids in a few years, that's going to drive oil prices down big time. The oil companies and opec need to watch what they're doing, because they'll price themselves out of existence.

TAZ is right on the money, I have many relatives in oil exploration in Alberta and Newfoundland up in Canada, and theres many old wells they are "dry" that get capped, only to open up again a few years later when the price per barrel is up. Go figure.

I went on a business trip for 2 week and I when I got back diesel dropped by 70 cents a gallon in some places in LA, and it's still falling.