Gas Prices
#28
Re: gas prices.
It pays to be politically connected. We, as consumers, are apparently not.
$2.53/ gal for cheap grade for my other car today. It was $1.99 for 2 days back in the fall. Demand must have increased 25% in the last 4 or 5 months!
It pays to be politically connected. We, as consumers, are apparently not.
$2.53/ gal for cheap grade for my other car today. It was $1.99 for 2 days back in the fall. Demand must have increased 25% in the last 4 or 5 months!
#30
Up here in Ontario it's not the price we're concerned about; it's getting gas at all! I had to go to 6 different stations to find one with gas then line up for the privilage of paying C$1.109 per litre. (C$54 to fill up)
For those who don't know, a local Ontario refinery fire has caused this...
For those who don't know, a local Ontario refinery fire has caused this...
#31
^ i hear ya, its .997 here and rising..
Oh well. Last summer I paid 1.17/L.. and that was when I could find it.. Imperial had no drivers or something, and premium was scarce in the area for a few weeks... it was weird, very weird.
Oh well. Last summer I paid 1.17/L.. and that was when I could find it.. Imperial had no drivers or something, and premium was scarce in the area for a few weeks... it was weird, very weird.
#32
Originally Posted by dmc27
... Prices are still dropping per barrel, yet at the pump it's increasing....
http://www.wtrg.com/daily/crudeoilprice.html
#33
#34
Banned
Joined: May 2006
Posts: 734
Likes: 0
From: In the hills between San Miguel and Parkfield - "up in the boonie lands", Central Coast of California, Wine Country
Not here - we in the Central Coast of California are moving back up toward $3 a gallon - and Diesel is already at $3.05 or above - not nice for truckers and farmers... part of this is state Taxes and the Global Warming idiots who think if it gets high enough the po' folk will learn to walk and ride bikes while only the rich folk ride in style....thus saving the earth from Green House gasses while you get more control over the masses!
#35
No one wants higher gas prices—including me—but part of me actually wish they'd go much higher, to maybe $4 or $5/gallon. Bet your *** we'd see some fun and interesting new cars (gas, diesel, electric and who knows what else) that get GREAT mileage—and we'd see them relatively quickly, too. We'd be less a hostage to what happens in the Middle East—and we would see far fewer SUV's.
That last part would make me especially happy.
That last part would make me especially happy.
#38
Banned
Joined: May 2006
Posts: 734
Likes: 0
From: In the hills between San Miguel and Parkfield - "up in the boonie lands", Central Coast of California, Wine Country
During WWII when gasoline was simply unobtainable in Germany - they developed trucks that could run on gases generated by a tank of manure - I believe they called they them Schitzwagons - I rather hope it doesn't de-evolve to that point! But, I suppose there would be more room for such a contraption in an SUV
#40
Originally Posted by therm8
Economics 101 . . . hmmm . . . something about the "invisible hand" . . . isn't that a Mystery Science movie? . . . I do recall something about supply & demand . . . also collusion . . . seems like the drastic price hike w/o ever seeing the same thing happen when the price drops flies against most generally accepted economic principles . . . except monopolies . . .
#41
They also had hydrogen combustion engines as well.... The Wankel was one of the ones that adapted VERY well to hydrogen combustion.
Originally Posted by Winfree
During WWII when gasoline was simply unobtainable in Germany - they developed trucks that could run on gases generated by a tank of manure - I believe they called they them Schitzwagons - I rather hope it doesn't de-evolve to that point! But, I suppose there would be more room for such a contraption in an SUV
#42
I used to live oversea where gas prices are 3-4 times for expensive. It was before I started driving, so I didn't care. Once I put that in prespective, I can't complain anymore. We just got too spoiled in the late 90's, and poeple are still stuck at that time for gas price.
It's $2.67 for 93 octane here in NE Wisconsin btw.
It's $2.67 for 93 octane here in NE Wisconsin btw.
#43
ODD national averages
This is what I find odd. You hear on the radio and TV about national averages, and even as recently as mid Jan' I recall them being somewhere arond 2.10 - 2.20. I can truthfully say that gas hasn't been that low in upstate NY for at least 2 years. Even right after Christmas we were paying 2.50 and now its back up around 2.65 (just for regular).
I think the very cold winter might be something to do with it... lots of demand for home heating oil, so more oil being used for that instead of refined into gasoline. Hopefully the price will come down for a while in the spring (if we ever thaw out), before the inevitable summer rises.
Personally, I don't see much of a problem with paying 2.65. Back in Europe its been $5-6 a gallon for the past 5 years at least. Long term I would hope this has an impact on urban development - i.e. instead of moving to newly developed suburbs, people would buy closer to town and use public transport. Don't expect me to cry for you and your big $500k house 50 miles from work, when you're more than happy to take the lower property taxes and laugh at me an my inner-city issues like crime and poverty. You wanna live somewhere "nice" - suck it up and pay the higher gas prices!
I think the very cold winter might be something to do with it... lots of demand for home heating oil, so more oil being used for that instead of refined into gasoline. Hopefully the price will come down for a while in the spring (if we ever thaw out), before the inevitable summer rises.
Personally, I don't see much of a problem with paying 2.65. Back in Europe its been $5-6 a gallon for the past 5 years at least. Long term I would hope this has an impact on urban development - i.e. instead of moving to newly developed suburbs, people would buy closer to town and use public transport. Don't expect me to cry for you and your big $500k house 50 miles from work, when you're more than happy to take the lower property taxes and laugh at me an my inner-city issues like crime and poverty. You wanna live somewhere "nice" - suck it up and pay the higher gas prices!
#45
Originally Posted by dmc27
lol. I actually got too fed up watching the price per barrel drop while the price at the pump stayed about the same. So I hadn't really followed it over the last month or so. Good stuff. Lovely how it rises drastically & immediately when per barrel rises, but barely drops a few cents when the barrel price drops.
Economics 101 . . . hmmm . . . something about the "invisible hand" . . . isn't that a Mystery Science movie? . . . I do recall something about supply & demand . . . also collusion . . . seems like the drastic price hike w/o ever seeing the same thing happen when the price drops flies against most generally accepted economic principles . . . except monopolies . . .
Economics 101 . . . hmmm . . . something about the "invisible hand" . . . isn't that a Mystery Science movie? . . . I do recall something about supply & demand . . . also collusion . . . seems like the drastic price hike w/o ever seeing the same thing happen when the price drops flies against most generally accepted economic principles . . . except monopolies . . .
The end of Feb. is usually a bottom point for oil. With this week's market, we'll have to see however. Things are awfully volatile at the moment. But I forsee the typical cruise upward to Aug/Sep. The price of crude is only a portion of the price of gas. A few other things go into it; refinery output is a big one. I don't forsee the $3+/gal prices this year. The last couple of years were just profit taking for future refinery building. The gasoline distributors know that they can't keep prices up there for long periods without government regulation stepping in, particularly with the steady supply of crude out there. Speculators drive the price of oil for the most part, the gasoline producers just use it as an excuse to profit. If you want to make money in oil, now's the time to get in, imo.
#47
omgz! like i uses t3h gas3s 2! gas= no problem for me. i own a gas station. owning a gas station = free gas.
basically:
1. RX-8
2. pointless gas thread
3. own a quickie mart
4.
5.
6. PROFIT
basically:
1. RX-8
2. pointless gas thread
3. own a quickie mart
4.
5.
6. PROFIT
#48
Originally Posted by nycgps
Whenever I put gas into my car, I think of Bush and his *members*, for what they did to us.
NY is about 2.7 - 3.0 right now.
NY is about 2.7 - 3.0 right now.
The price of gas is determined by pretty much by supply and demand. And that supply and that demand is mainly influenced by dwindling supply and the ever-increasing cost to extract it from the ground, the ever-growing numbers of Chinese and Indian drivers, and general instability in the Middle East and thus uncertainty in the market.
#50
well a few months ago i heard we found a new sorce of oil in canada and i also heard that because of the mild winter we saved alot of oil so what gives here?i smell bulls@#t!i don't really care that much i also knew what i was buying and in the past my 1969 road runner could not pass a gas station unless it was downhill!!(440 big block).so all in all we are pretty much stuck in the car to have fun and feel free to do as we do!!i hope you all know it's a big game the boys play and they always win.we on the other hand can't play so we deal with it.