lh4x4

I got 34.5 mpg going to Funfest last fall with 89 octane gas. Cost per mile of gas is cheap in a Corvette. I use about 100 gallons/per year on the Vettes. $5/gal gas would not be of any concern.

I make up for it with my 60 - 62 mpg 2010 Prius.

Corvette ED

The problem is the people keep electing Reed, Pelosi, Boxer, and Barney Frank. I am sick of these socialist Democrats!!!!

jaki30

not really whether we could afford the extra cost for gas. The real issue is how many potential Vette owners it will take out of the market. I am not talking about the person who can actually afford to buy a GS/ZR-1. I am referring to Johnny burger flipper who always wanted a Vette (used), but, now decided to go buy a Honda or Toyo or something that appears not to use too much premium fuel. The market for used Vettes will drop way down. How many of you will go out and pay big bucks for a new Vette when your trade/market is no longer worth very much?

JerriVette

Now that Obama spent his stimulus package...the oil companies and or speculators are once again up to their old tricks.

I hope coskata ethanol plants work out as that would negate our need for foreign oil.

Made from garbage like old tires.

It will be interesting to find out if the 2008 gasoline price surge past $3.50 which prompted owners of V8 vehicles to sell them for fuel efficient four cylinder models ...

Was it the speed at which the price of gasoline rose or was it the actual price of gasoline that prompted the panic..to fuel efficient vehicles..

the vette will be fine because quite frankly it gets impressive gas mileage if you drive it in relaxed manner and if the whole difference of yearly fuel costs between 3.30 a gallon and 5 bucks a gallon is all of a thousand dollars a year..

Who cares?

CETA 256

vettedoogie

Pretty stupid thinking when you consider gas prices go up because of oil companies, markets, and growing demand from places like India and China. Maybe you haven't noticed oil company profits, even foreign companies when they are spilling millions of barrels into U.S. waters.

I'm sick of stupid.

Foxer55

I think $5 is an alarm bell going off against a growing threat. This country's life blood is oil. Gas. Our dynamic economy results from our ability to move goods and people everywhere with unheard of efficiency. Prices of $5 imperil this economy and, therefore, the country. This is a struggle between the left and the ecoNazis with a free, capitalist country. Keep that in mind when you hear this kind of stuff and when you are making any kind of decisions.

S'vette

When we start drilling for our own oil and making our own refineries (really needed) we will do better. But the oil companies dont want to spend the money to build them and they line the politicians pockets during elections so who knows when it will happen. An oil tea party is needed.

need-for-speed

Is profit a bad thing ?

S'vette

When it is way to high, yes? If they have so much profit why not make refineries so our gas can go down? Oh less 100 million dollar bonuses I guess. Why do you think Bill Gates couldnt do all the things he wanted? The others cried that he would make too much money and put them out of business, well the oil companies are doing the same thing. A fair price for a fair product is what it shoud be, not lets run our company to the ground and then get a bonus for it.

vettedoogie

Does profit effect the price of gas? Yes or no?

S'vette

Greed does. Oh look some countries are having a pissing contest, lets raise the price of gas. Wait its the holiday weekend, lets raise the price of gas. Its pathetic.

george vee

When gas hit $4.35 a gallon I noticed a lot less vehicles on the road, that meant a lot less gas got sold and prices fell back to $2.40/ gallon.

I don't see this happening soon

skijake

Yes the oil companies are making a profit... but if you look at what they are doing with their profits you will find that it is going right back into exploration, reseach, environmental upgrades, and new upgrading plants.
Due to environmental issues and not being able to get permits to build what we need here other countries are building large refineries. The main thing driving up gas prices now is demand that China and other countries are putting on the crude supply.
The thing that worries me is that these other countries that do not have environmental requirements like we do, especially in California, are building refineries that will allow them to import finished product (jet, gasoline, diesel) to the U.S. With the demand already down in the U.S. and if they start importing it would drive down the gasoline prices at first. We can already see oil companies closing smaller refineries because at this time; believe it or not; refineries are not profitable (especially if you have to put millions of dollars into them each year for environmental upgrades).
When china gets a bigger hold on imports and more refineries close then what will happen? We will not have capacity to supply our own finished products and we will be at the mercy of China and other countries not only for Crude oil but finished product. At that point they can call the shots and charge what ever they want....
This will not happen over night but things are going that way quicker then you think.
Sorry about the long post.

andy82

True!

S'vette

Until they make refineries big deal we get oil from our land and ship it to other countries to get refined. Where is the economic sense? They do it cuz they dont want to spend that extra money that is left over after all you said cuz they want that to go into their pockets not the refineries.

plus when they finish putting money into all that stuff they dtill have over a billion in profits left. So that means gas is too much.

China hopefully will quiet subsidising thier people on gas and make them pay the true prices and they will cut back too. They are having ecomic troubles now too. They loaned out too much money.

phatman

Not saying I would sell my vett at all for a Chevy Volt. I would use the volt as a DD. Yes spending more money on a brand new car is not the logical thing to do when saving money, but I meant that more as an expression. Honestly, $5.00 a gallon would not break me, but its the principle behind it. I know that demand has increased, but i really feel the economy went into a tale spend when the gas prices were $4.00 per gallon. Profits were cut, causing companies to cut back. Car manufactures were hit, which lead to more layoffs. Air lines increased their fairs, causing people to find other means of transportation. The purpose of the thread was just food for thought. I am not selling my dream car. When gas prices were over $4, I had a big cam 05 GTO, that probably got 8 mpg. This is my 2nd Vett and I intend to buy another.

LBear

$5 a gallon would not surprise me. Most likely we will see it by this summer. Double dip recession is on the way also.

carguy1965

Pretty much all of them......

Licit

I am with those that could care less about whether gas goes to $5.00 a gallon. I can easily adjust my finances so it is not any big thing at all. I don't have a long commute so I am fairly immune to fuel costs. Those that have long commutes will take the brunt of the pain but they chose to live and work where they do so what happens will happen.