Cheap Gas...

SamJ

19 1/10 cents a gallon...only at your local Hudson Essex dealer...:D

[Deleted User]

Sam, when I started to drive in 1935, a gas station in Waterbury, CT. was selling gas, now get this, 10 gals for a dollar. When we opened our garage in 1945 it was 15.9 cents a gallon. Todays price really hurts after buying and selling for that price. Walt.

dave s

walt's garage-53 wrote:

Sam, when I started to drive in 1935, a gas station in Waterbury, CT. was selling gas, now get this, 10 gals for a dollar. When we opened our garage in 1945 it was 15.9 cents a gallon. Todays price really hurts after buying and selling for that price. Walt.

Everything is relevant ! In 1945 the average annual income was 1295.00!

SamJ

dave s wrote:

Everything is relevant ! In 1945 the average annual income was 1295.00!

Yep. And gas was more expensive when this photo was taken than it was a few years later in the depression, when there was major deflation and the price of an new Hudson dropped well below $800. :cool:

[Deleted User]

As late as 1969 we sold regular Richfield gas for $.179/gal when ever the corporation called a gas war. We were right across the street from a Mobil so I would call the guys over there to tell them our prices were going down, they would do the same for me. The corporations were at war but we were all just trying to make a living. I could fill up my VW for $2 and get a soda.



Harry



Harry

hudsontech

Along with a couple others on this thread, I'm old enough to remember when a gas war meant prices went down - these days a gas war means prices are going up.



Don't add up, does it??



Hudsonly,

Alex Burr

Memphis, TN

hudsontech

Along with a couple others on this thread, I'm old enough to remember when a gas war meant prices went down - these days a gas war means prices are going up.



I remember a time, a few year back a friend of mine who ran a Texaco station told me he was going to have to raise his prices, because the Mobil station down the street had just raised his.



Don't add up, does it?? Or down, as the case may be.



Hudsonly,

Alex Burr

Memphis, TN

Nevada Hudson

Atlantic bought Richfield, which turned into ARCO. BP bought ARCO and Amoco. Exxon bought Mobil. Chevron bought Gulf, then bought Texaco. Conoco bought Phillips 66 (after Phillips bought Flying A) ,and Union 76 (after Union bought Pure). Not much competition now !

MikeWA

Nevada Hudson wrote:

Atlantic bought Richfield, which turned into ARCO. BP bought ARCO and Amoco. Exxon bought Mobil. Chevron bought Gulf, then bought Texaco. Conoco bought Phillips 66 (after Phillips bought Flying A) ,and Union 76 (after Union bought Pure). Not much competition now !

That's certainly part of the problem, but the biggest culprit at present is speculation in the "futures market"- it is in the process of creating a price bubble, much like the dot-com run-up several years ago. When demand drops to the point that supplies begin to accumulate, bubble will burst and price of crude will drop $30 to $40 per barrel virtually overnight, according to the experts, and price of gas should gradually drop back to $3.25 to $3.50 per gallon. Still not cheap, but I paid $4.19 this AM, so its some improvement. Hopefully, the taxpayers won't have to bail the speculators out when they are left holding the bag, but don't bet on it.

Nevada Hudson

I agree, Mike, Speculators! Thats what driving up the cost of this hobby also ! I don't know how much longer I can afford to still be in it. I own and drive Hudsons for fun, not for an investment.

Unknown

Here's a few things to concider. The U.S. Oil Companies only make up 6% of oil production. The vast amount of production, 87%, is foreign government owned, as in Iran, Saudi Arabia, Kuwait, Venezuela, Mexico, and other state controlled production. Competition in the market does not exist, because it’s a sellers market based on high demand. Now if the U.S. still produced Oil, it might be able to have an effect, but we are on the sideline buying oil right now.

[Deleted User]

Arnie, I have the same problem. I'm not in this as a potential investment. I like driving the car and will find a way to own a stepdown without hocking the family jewels. Unfortunately there are people who just want to buy the cars and lock them up for a later sale and they're willing to go into hock while speculating.



Harry

[Deleted User]

Ted W wrote:

Here's a few things to concider. The U.S. Oil Companies only make up 6% of oil production. The vast amount of production, 87%, is foreign government owned, as in Iran, Saudi Arabia, Kuwait, Venezuela, Mexico, and other state controlled production. Competition in the market does not exist, because it’s a sellers market based on high demand. Now if the U.S. still produced Oil, it might be able to have an effect, but we are on the sideline buying oil right now.

It's our IDIOTS in Washington that won't let the gas companies drill in American soil. We have plenty under us, AND all we have to do is start drilling and watch those OPEC nations come down real FAST. WALT.

Unknown

I'm with you. I lived in Alaska for 4 years in the 80's. I had the misfortune of paying a visit to the area, now known as the Article National Wildlife Refuge. What I didn't know, is that our government considers mosquitoes to be wildlife. Yeah....their pretty big.....and mean.....but Wildlife?

Unknown

Hi guys, I'm 55 so I've been around to see it all go down,or should I say up up up up up! Will it ever end? Experience says no. $4 a gallon remember when gas was that cheap? Our (freedom) of movement is being compromised by men (in our own country) that could afford gas at any price. I'd like to speculate that it's time to let the technology of electric cars come of age. Everyone knows they can accelerate as good as if not faster that int-comb-engines,and can be combined with solar recharging. We could stick it to the oil companies if only we didn't need a (world war) to get to it. Trouble is there's not a big enough stick up all our butts yet to get moving. It's too bad nothing is going to happen until something drastic occurs. I know, doom and gloom but, everytime I gas up, I'm disgusted. These prices are absurd,and our government has let it happen to boot, without one mention of any concern to help. (Huuuuuh, catch my breath). I'm in it with everyone else. What can one person do? My next car, ELECTRIC, bye bye oil. The only gas I have to buy is for my classics P.S. or fuel cell Phil

Unknown

phil walsh wrote:

Hi guys, I'm 55 so I've been around to see it all go down,or should I say up up up up up! Will it ever end? Experience says no. $4 a gallon remember when gas was that cheap? Our (freedom) of movement is being compromised by men (in our own country) that could afford gas at any price. I'd like to speculate that it's time to let the technology of electric cars come of age. Everyone knows they can accelerate as good as if not faster that int-comb-engines,and can be combined with solar recharging. We could stick it to the oil companies if only we didn't need a (world war) to get to it. Trouble is there's not a big enough stick up all our butts yet to get moving. It's too bad nothing is going to happen until something drastic occurs. I know, doom and gloom but, everytime I gas up, I'm disgusted. These prices are absurd,and our government has let it happen to boot, without one mention of any concern to help. (Huuuuuh, catch my breath). I'm in it with everyone else. What can one person do? My next car, ELECTRIC, bye bye oil. The only gas I have to buy is for my classics P.S. or fuel cell Phil

Once everyone goes electric, what do think your electric bill will look like?

Unknown

Ted ,check out the testla roadster,250 mi. range 4 hr. recharge 0-60 in 4 secs. approx. 3 cents per mi. Of cource they are expensive, but they can de-designed to say 0-60 in 9 secs., and mass produced by a (big three company) to make them affordable. It can be done, but when? Phil

Unknown

I am not saying it can't happen, but most of our electricity is from COAL. If we were nuke powered....electric cars might be a good first step before going hydrogen. You see what just a 10% methanol add to gas has done to corn and food prices. There needs to be an overall plan.



Today's environmentalist is yesterday’s communist. I don’t mean people that want clean air and water either. I mean the people that just say “you can’t do anything, we must settle for what we have or go back to nature.” That is the real battle ahead. $5 bucks a gallon is the tipping point IMHO.

[Deleted User]

Walt hit on the real reason for high gas prices. The government wants to open up the Alaskan oil fields, they know if we get uncomfortable enough we will allow them to do so. We are the idiots because we elect these people into office then we let them dictate to us what we will do. Alaska is the last pristine wilderness in the US and our elected officials want to develop it while they leave the oil in storage in the states. All we really have to do is tell them to release the oil in reserve. We wouldn't have to buy another barrel of oil.



Harry

ernie28

Attachment not found.



My piggy bank after I filled up the car with gas this morning!

[Deleted User]

Ernie, that's funny.



Harry

MikeWA

Harry Hill wrote:

Walt hit on the real reason for high gas prices. The government wants to open up the Alaskan oil fields, they know if we get uncomfortable enough we will allow them to do so. We are the idiots because we elect these people into office then we let them dictate to us what we will do. Alaska is the last pristine wilderness in the US and our elected officials want to develop it while they leave the oil in storage in the states. All we really have to do is tell them to release the oil in reserve. We wouldn't have to buy another barrel of oil.



Harry

The "strategic oil reserve" isn't enough to run the country long enough to drive down oil prices- its a matter of weeks or months, I think. And the reserves are there for a purpose- if we get into a shootin' war with Iran, and get our supply blockaded, we need some resources so we can shoot back.



The proposed oil field at ANWAR is only about 2000 acres- in a zillion square mile area that features primarily mosquitos the size of pigeons. Everyone predicted doom and gloom when we put in the pipeline, but the caribou have thrived, and love it (something warm to sleep against). It just isn't reasonable to think we can keep increasing the world's population without utilizing our resources, and leaving some kind of "footprint" in the process. We've come a long way from the "slash and burn" practices of the '50's, and I'm sure we could build sufficient safeguards into the developement that wildlife would be protected.

RL Chilton

Ernie-



That pig is hilarious! Where did you find that?

Unknown

Harry,too much. I want one too! Phil

ernie28

RL Chilton wrote:

Ernie-



That pig is hilarious! Where did you find that?

It was part of one of those joke e-mails going around about the high fuel costs.

A bit like the one where this guys wife wanted to be taken out to somewhere expensive, so he took her to the gas station!