Will the price of gas in the US ever go back down to January 2020 levels?

[DCLMP]

No bread for you. Basically, Ukraine provides most of the world's wheat production. And Russia provides oil and fertilizer. I don't see food prices going down any time soon. Time to eat more veggies.

Time to plant your own garden and hunt…seriously. I tell people to stalk up on food.. nobody listens.

 

[Jennasis]

Eventually it will drop. Will it be $1.95 again? Eh. Things go in cycles.

 

[DCLMP]

Eventually it will drop. Will it be $1.95 again? Eh. Things go in cycles.

They don’t want them to come back down…that’s not the plan.

 

[cvjw]

They’ve been telling us there’s going to be a global food crisis. I’m inclined to believe them.

I have family who are farmers. They are getting crushed by the high prices of fertilizer and diesel fuel. If they can’t make money farming, that impacts our food supply. No one seems to even be interested in the struggles of our farmers.

 

[Frwinkley]

They don’t want them to come back down…that’s not the plan.

So what's the plan?

 

[tvguy]

According to California law, the primary purpose of that spot is EV charging.

http://evchargingpros.com/wp-content/uploads/2015/05/CA-PEV-Access-Guidelines.pdf

Just chatting with a friend about this. This hotel has 81 parking spots. Under ADA it must have 4 disabled parking spots. It has 4 but now 2 have EV chargers. Normally, Federal law overrides state law, so it would appear EVs do not have priority on those two slots.


https://adata.org/factsheet/parking

 

[kdonnel]

Just chatting with a friend about this. This hotel has 81 parking spots. Under ADA it must have 4 disabled parking spots. It has 4 but now 2 have EV chargers. Normally, Federal law overrides state law, so it would appear EVs do not have priority on those two slots.


https://adata.org/factsheet/parking

Certainly a gray area.

There are stories on the internet of EV drivers being ticketed and stories of disabled non EV drivers being towed.

 

[Mackenzie Click-Mickelson]

oh goodness. We are at 69 during the day and 66 at night lol. My dogs start panting if it gets above 72 inside

Ours is 77 during the day (except when I'm working out when I drop it to 76/75 for a bit) and 76 for a few hours while we are initially going to sleep. Granted we sleep with a ceiling fan on most nights in the summer.

 

[Mackenzie Click-Mickelson]

I don't think it will go back down to what we had considered low to moderate for quite some time, it was like that the last time pricing got high, it takes time to go back down but I don't think we'll see it get back to early pandemic days, that was a specific condition and gas wasn't this high when the early pandemic set in.

 

[Pea-n-Me]

They don’t want them to come back down…that’s not the plan.

How else will everyone be persuaded to buy electric cars?

 

[Timandalicia]

I’m curious what others think about the future of gas prices and gas-powered vehicles. Do you think the price of gas will go back down to a reasonable level? The prices have gone down a little in the past week in my area. It’s funny to get excited to see the price at $4.91 per gallon when 18 months ago it was around $2 per gallon. I’m trying to decide if I need to get serious about purchasing an EV or hybrid vehicle.

I’m not opposed to EVs or hybrid vehicles, I just don’t think the US is equipped to handle them at this time especially for long distance travel. IMHO we need to have as many charging stations as we have gas stations, especially since it takes longer to charge EVs than it does to put gas in a car. This will be a huge undertaking and will cost a fortune. Who will pay for this? What will be the cost to charge EVs and are there future problems related to the disposal of the batteries with this type of vehicle? What is the resale value of an EV or hybrid vehicle? So many questions, I’m not sure we have answers to these questions since these vehicles haven't been around very long.

I'm really interested to learn what others think. Is it a good time to jump in or would it be better to wait and see? I'm kind of leaning towards wait and see, I'm just not sure...

Yes it will

 

[DCLMP]

I’m curious what others think about the future of gas prices and gas-powered vehicles. Do you think the price of gas will go back down to a reasonable level? The prices have gone down a little in the past week in my area. It’s funny to get excited to see the price at $4.91 per gallon when 18 months ago it was around $2 per gallon. I’m trying to decide if I need to get serious about purchasing an EV or hybrid vehicle.

I’m not opposed to EVs or hybrid vehicles, I just don’t think the US is equipped to handle them at this time especially for long distance travel. IMHO we need to have as many charging stations as we have gas stations, especially since it takes longer to charge EVs than it does to put gas in a car. This will be a huge undertaking and will cost a fortune. Who will pay for this? What will be the cost to charge EVs and are there future problems related to the disposal of the batteries with this type of vehicle? What is the resale value of an EV or hybrid vehicle? So many questions, I’m not sure we have answers to these questions since these vehicles haven't been around very long.

I'm really interested to learn what others think. Is it a good time to jump in or would it be better to wait and see? I'm kind of leaning towards wait and see, I'm just not sure...

Go for it ....just make sure you keep a gas car around for when the blank hits the fan... stock up on food too.

 

[DCLMP]

I have family who are farmers. They are getting crushed by the high prices of fertilizer and diesel fuel. If they can’t make money farming, that impacts our food supply. No one seems to even be interested in the struggles of our farmers.

They'll be concerned when they can't buy food...or it costs ten times more...or they can't go to WDW because they can't afford food.

 

[EMom]

Thank you for this. I know nobody who owns an EV locally so I didn't have the foggiest idea.

Toyota Camry. The battery is charged by the gas engine.

We have been considering this car. How long/how many miles is the battery expected to last? Because they can be very expensive to replace, and we keep vehicles a long time and put less than 10K miles on them per year. Thanks for any info,

 

[TwoMisfits]

We have been considering this car. How long/how many miles is the battery expected to last? Because they can be very expensive to replace, and we keep vehicles a long time and put less than 10K miles on them per year. Thanks for any info,

It probably would not pay off for you, if you keep cars a long time.

Right now, batteries are expected to last in the 10 year range, but that's gonna be dependent on use, charge, and weather year round in your area.

And when you need to change the battery, you'll need to change the car b/c the car won't be worth enough to make the battery change worth it (thus, why electric cars are still so destructive to the environment b/c they are disposable cars in full - they won't reach the average 11.5 years for cars driven on the road)...

 

[mrodgers]

My wife would die. She sets the AC at 70 at night so she can sleep. But she keeps it at 75 during the day. But so far our daytime solar panel production is exceeding the cost of the power from our electric company for keeping it so cool at night.

I wouldn't be sleeping with the AC at 70 over night. If I did get some sleep, I'd have to strip the bed, hang the bedding up to dry and lean the mattress up and get the 2nd dry mattress down to use the next night.

If someone would install a more efficient system for me, I'd be all for it. Until then, the cost would wipe out my closing costs for a house so I set it low to kick on earlier in the morning. 68 setpoint has me coming home from 10 hours of massive humidity and extreme temperature (I wasn't sure I was going to make it home yesterday. I was at the point I was preparing to pass out from the heat) to my AC holding between 70 and 72. If I set it higher so it kicks on later in the day when it's hotter, I come home and it takes all night long with me not sleeping to cool it down from 90° since the AC would be an ice block.

 

[Ms.Minnie]

It probably would not pay off for you, if you keep cars a long time.

Right now, batteries are expected to last in the 10 year range, but that's gonna be dependent on use, charge, and weather year round in your area.

And when you need to change the battery, you'll need to change the car b/c the car won't be worth enough to make the battery change worth it (thus, why electric cars are still so destructive to the environment b/c they are disposable cars in full - they won't reach the average 11.5 years for cars driven on the road)...

This, we keep our cars a LONG time, my husband still drives his 2001 F150 when he needs a truck. We like not having a car payment, LOL.

Your last paragraph voices my concern with EVs, how does this apply to hybrids? Are the batteries for hybrids very expensive to replace? Disposable cars, aren't our landfills already getting pretty full? There was a story on AOL about a Tesla that caught on fire three times in a landfill because of the gas being put-off by the landfill mixing with the battery in the Tesla. Scary stuff that I don't think we fully understand yet.

If we as a nation do manage to go all electric just think of all the people who will be out of work. All the gas station owners unless they convert to charging stations with a huge expense to themselves and questionable profit margins. All the mechanics that work on gas powered vehicles.

Correction to highlighted area. The Tesla caught on fire because of gases still in the Tesla battery not the gases from the landfill. I asked my husband about it again since he's the one that saw the story (yesterday) and I had the story wrong. Sorry for the error.

 

[mrodgers]

Everyone keeps saying we don't need public chargers, charge at home.

I don't have a garage. People live in apartments. These folks can't charge at home.

Everyone compares the cost of filling the car with fuel. I didn't have to update anything in my house to drive a gas powered vehicle. How much did it cost to put in the charging system? I would have to have a complete update, I'm in an old mobile home.

How do those in the north who don't have a garage charge in winter? How do you deal with waking up to find the cord running from the house, curving up beside the car, and curving into the car now encased in the 2 inches of ice from last night's ice storm. How do you deal with not being able to unplug your car to get to work in the morning?

 

[Ms.Minnie]

Everyone keeps saying we don't need public chargers, charge at home.

I don't have a garage. People live in apartments. These folks can't charge at home.

Everyone compares the cost of filling the car with fuel. I didn't have to update anything in my house to drive a gas powered vehicle. How much did it cost to put in the charging system? I would have to have a complete update, I'm in an old mobile home.

How do those in the north who don't have a garage charge in winter? How do you deal with waking up to find the cord running from the house, curving up beside the car, and curving into the car now encased in the 2 inches of ice from last night's ice storm. How do you deal with not being able to unplug your car to get to work in the morning?

All good questions and something to think about. Hopefully someone has some answers. I'm thinking I need to do a lot more research before I make a decision about what my next car will be. Luckly I don't need a new car now because I'm not ready to make that decision and from what I understand cars aren't readily available. I think we need more time to see how the whole EV and hybrid experiment goes. Time will tell.

 

[amylevan]

Everyone keeps saying we don't need public chargers, charge at home.

I don't have a garage. People live in apartments. These folks can't charge at home.

Everyone compares the cost of filling the car with fuel. I didn't have to update anything in my house to drive a gas powered vehicle. How much did it cost to put in the charging system? I would have to have a complete update, I'm in an old mobile home.

How do those in the north who don't have a garage charge in winter? How do you deal with waking up to find the cord running from the house, curving up beside the car, and curving into the car now encased in the 2 inches of ice from last night's ice storm. How do you deal with not being able to unplug your car to get to work in the morning?

I’m curious what those with street parking are supposed to do. Everyone who lives in town near me has on street parking (3 different small towns). Some have back allley parking, but no garages and certainly not feasible to run extension cords, especially during snow covered months.