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Global Oil Price Hits Record $139 a Barrel email this discussion to a friend?

myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues5 months ago

I was reading the local newspaper a while ago and came across with the headline above. Global oil price hit another record at $139 a barrel last Friday and may even top as $150 by July 4 according to an investment bank. Definitely, prices of every commodities are again affected with this price increase and the masses are the ones that are hit by this unending oil price increases.

Now, what moves do you do o minimize the effect of these price increases in your life?

 
 
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Palmerhusky (586) response was accepted on 6/9/2008.
denotes best response.
tags:  oil, gas, increase, oil prices, price
 
1. myLot reputation of 89/100. desertdarlene (5663)   ranked 315 out of 5,718 in have discussion on day to day issues   5 months ago

I'm actually seeing gas prices zooming up towards $5 pretty easily. Prices are increasing at least ten cents a day where I live. I have started to ride my bike whenever possible. Problem is that I have some health problems and I have to make sure I don't overexercise or it can make it worse. I've been thinking of taking public transportation more, but the price of that is going up, too. It always costs more to take public transportation than it does to drive my car.


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

hi desertdarlene, yes prices of gas will be zooming too as an effect of the oil price increase. Too bad for everyone. We are all affected by this. And too bad also for you if public transport is more expensive than to drive your own car. So you have no better alternative for your transportation then since using a bike might overexercise you.

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2. myLot reputation of 55/100. toledomark1975 (329)   ranked 850 out of 5,718 in have discussion on day to day issues   5 months ago

I don't know if there is anything we can do to combat these high oil prices. The only thing I can tell people to do is vote in November, and ask your representatives what they want to do about our oil problems. If you don't agree with them, then vote them out. If they aren't doing their job, then they need to be replaced. We need to take back control of the white house from the oil companies, and put someone in there that won't be their puppet, like Bush.


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

hello toledomark. your vote in november will really make a big difference when you support for candidates that will be doing their job good. however, at this time i think some things that we could do is just to check our spendings on everything including our utility bills if we could afford to cut and save some. have a great day!

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3. myLot reputation of 96/100. polachicago (6170)   ranked 39 out of 5,718 in have discussion on day to day issues   5 months ago

I just stopped driving around. I have to think twice now before I take my car keys.
I minimized my driving to same spending I used to have one year ago.
So far, I am not happy about like most of us.


cool_kkin (49)   ranked 1,538 out of 5,718 in have discussion on day to day issues  5 months ago

I have one more idea for you buy one bicycle and use it every day for shortter distance, it saves your money and i will help in your helth also, so try it once and drive as much as you can with out any cost it is free.


myLot reputation of 96/100. polachicago (6170)   ranked 39 out of 5,718 in have discussion on day to day issues  5 months ago

I don't have to buy it, I have it. Most distances are over 10 mils from me....long bicycling....
The closest grocery store is about 3 mils away...., hard to bring grocery home.... sad
other than this, yes, I do bicycle a lot...


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

So I guess then you just minimize your drive to the grocery store then. Maybe, plan and assess your needs and buy groceries good for two weeks instead of a week. In that way, you could still save gas even just a little. Then just use your bicycle for short distance trips.


myLot reputation of 96/100. polachicago (6170)   ranked 39 out of 5,718 in have discussion on day to day issues  5 months ago

This is what I am doing. I used to travel a lot and limited driving is not helping me a lot...

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4. myLot reputation of 98/100. venshida (2858)   ranked 1,018 out of 5,718 in have discussion on day to day issues   5 months ago

I saw that on the news also, I am planning on taking public transportation from next week. It's going to mean adding an extra 30 mins to my long commute, but I cannot afford it anymore. I am concern we might hit the $5.00 rate very soon.


cool_kkin (49)   ranked 1,538 out of 5,718 in have discussion on day to day issues  5 months ago

I have one good idea fro you, buy one bicycle and drive it as much as you can, it saves your lots of money and spend little more time but it is good for your health and money too. I am start doing this thing now a days

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5. cool_kkin (49)   ranked 1,538 out of 5,718 in have discussion on day to day issues   5 months ago

I effects every one every where, becouse this price hike every thing more castier, i know how i am managing my family, it is very bad for me and it create alots of problem for me.


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

hi cool_kkin, the soar of oil prices really affects everyone. all we got to do now is to manage our spendings and maybe cut on some items that we do not really need. And also, conserve energy to lower our cost of utilities. we have pretty hard time these days!

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6. myLot reputation of 62/100. elshaddai123 (2486)   ranked 153 out of 5,718 in have discussion on day to day issues   5 months ago

this is going backfire on oil producing countries who are getting their goods from outside.We are going to see a world with total chaos and pandemonium!!!!

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7. myLot reputation of 94/100. snowy22315 (5136)   ranked 236 out of 5,718 in have discussion on day to day issues   5 months ago

I am not driving as much as in the past. We used to take alot of trips on the weekends. We have not been doing that as much. There's really not much you can do,but try to live as fuel effciently as possible. I aslo get gas at Costco where it is cheaper.


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

yup, maybe lessen your trips to supermarkets also to save on gas. Instead of going there once a week, maybe you could just buy your groceries good for two weeks so you just need to go to supermarket every other week. plan a carpool in your neighborhood is also an option. just be practical nowadays.

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8. myLot reputation of 86/100. Zergonipal (638)   ranked 1,707 out of 5,718 in have discussion on day to day issues   5 months ago

Better buy yourself a good bicycle, I tell you!

This prize won't get lower fast. Not before new energy source development. Maybe cold fusion will work? I hope so...

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9. myLot reputation of 27/100. LovesTravel (112)   5 months ago

We drive far less than we otherwise would. We combine tasks to help make each outing more efficient. We walk when it's a reasonable choice.


myLot reputation of 98/100. fortknox75 (471)   ranked 499 out of 5,718 in have discussion on day to day issues  5 months ago

That's a better way of saving on your gas LovesTravel. And a better way to keep some money to your pocket. Have a great day!

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10. myLot reputation of 92/100. chennai_b02 (945)   ranked 138 out of 5,718 in have discussion on day to day issues   5 months ago

One of the Global research Team, has been intimated that the Crude oil price will hit $100 +, when the Crude oil price was in the market around $33.00.

The same research Global Team, has published the notice that soon the Same Crude oil price may hit $200+ in the coming years..

So, please be aware of that, and try to convert your thinks what ever is needed the petroleum products like Bike, Car, Cooking Gas,... etc.. you can look for the alternates, and find the sources for the same, that may be the better idea, to come out from this type of petroleum products price increases.. to afford..

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