Title: The price of GAS!!!
Post by: Blackbird1 on March 21, 2012, 11:44:15 PM
Post by: Blackbird1 on March 21, 2012, 11:44:15 PM
So here we go again. Remember back in 2008 when the housing market was all bubbled up and the economy was pretty good. Then gas prices started to rise and rise and rise. That was the begining of bad news. People stopped spending money on things they nomally would because they had to fill up the old Excursion or even worse Hummer. We thought it was bad then. Now the price of gas is heading for record prices again and the economy is still half way in the per. My daily driver is an F150 super crew with a 5.4L 3V that gets 13 MPG on average. So what's a blue collar bloke like myself to do to remedy this problem? Well the truck has been shelved and my Turbo Coupe is now my daily driver. I've been driving it daily for 2 weeks and I still have a half a tank of gas. After 2 weeks in the truck, it's time to fill up the 30 gallon tank at a cost of $130. Ain't no way I'm throwing away money like that. :nono: :bs: Not to mention I'm getting to work 10 minutes earlier.
Title: The price of GAS!!!
Post by: T-BirdX3 on March 21, 2012, 11:48:01 PM
Post by: T-BirdX3 on March 21, 2012, 11:48:01 PM
IMHO until we get our fuel issues stable and reasonable our economy will be in danger.
I think it is funny how no one really mentions the dramatic rise in fuel prices right before this recession...
It is kind of sad/funny that our TCs get the mileage that many new vehicles are getting. The TC was ahead of its time! :D
I think it is funny how no one really mentions the dramatic rise in fuel prices right before this recession...
It is kind of sad/funny that our TCs get the mileage that many new vehicles are getting. The TC was ahead of its time! :D
Title: The price of GAS!!!
Post by: Blackbird1 on March 21, 2012, 11:50:42 PM
Post by: Blackbird1 on March 21, 2012, 11:50:42 PM
That's what started it all and it's happening again.
Title: The price of GAS!!!
Post by: T-BirdX3 on March 21, 2012, 11:53:12 PM
Post by: T-BirdX3 on March 21, 2012, 11:53:12 PM
Yep and after all we have went through the past couple of years we are still at the mercy of those fuel prices. We as a nation can adjust to whatever the fuel price is, as long as the rise is slow and gradual. The dramatic increases just doesn't give everyone a chance to adjust.
Title: The price of GAS!!!
Post by: Shadow on March 21, 2012, 11:55:09 PM
Post by: Shadow on March 21, 2012, 11:55:09 PM
i say we send the marines over there and start shooting up the houses of these oil company owners.. their costs to pump the oil sure as hell didn't rise that quickly.. they're just a bunch of money hungry.. end of that statement.. lol.. they're doing it because they can.. someone needs to fire a bullet in their ass and show them what's up lol
Title: The price of GAS!!!
Post by: 5.0 tbird on March 22, 2012, 01:17:59 AM
Post by: 5.0 tbird on March 22, 2012, 01:17:59 AM
It's not the oil companies as much as the futures speculators that cause these ridiculous price swings in the oil market.
Title: The price of GAS!!!
Post by: T-BirdX3 on March 22, 2012, 01:20:19 AM
Post by: T-BirdX3 on March 22, 2012, 01:20:19 AM
Quote from: 5.0 bird;384774
It's not the oil companies as much as the futures speculators that cause these ridiculous price swings in the oil market.
This!!! I remember reading an article just the other week that said the price for a drum of oil should be like $65 but that the speculators were driving the cost through the roof!
Title: The price of GAS!!!
Post by: Shadow on March 22, 2012, 01:23:48 AM
Post by: Shadow on March 22, 2012, 01:23:48 AM
come on now, it's just the oil companies padding their pockets.. 1 of them has a mansion with a 24k gold walkway to the front door!
Title: The price of GAS!!!
Post by: ZondaC12 on March 22, 2012, 07:42:08 AM
Post by: ZondaC12 on March 22, 2012, 07:42:08 AM
Paid like $1.53/gallon in the winter of '08-'09. Snowblowed my grandmother's big-ass driveway and left my crown vic running with the heat blasting the whole time, felt so evil but felt so good when I got back in a perfectly warm car :giggle:
It'll happen again, and probably soon. Look at the chart again. It'll happen again. And again, and again, and again, ad nauseum lol. Until they find another commodity to make more money trading futures on. Or the government declares necessary supplies like oil and food unavailable for this kind of trading.
The financial products market is so wildly complex and every new thing they come up with is ten times more so, that you have to take a high-level college class just to understand how the mechanics of the trading even work!!!
Title: The price of GAS!!!
Post by: CBASS on March 22, 2012, 12:25:48 PM
Post by: CBASS on March 22, 2012, 12:25:48 PM
Its not the oil companies causing the gas price to rise.
Title: The price of GAS!!!
Post by: fluke on March 22, 2012, 12:54:27 PM
Post by: fluke on March 22, 2012, 12:54:27 PM
My TC is my daily driver to work right now for me too, since my other vehicle is a TrailBlazer 4x4. We have an '08 Cobalt which is awesome MPG but I don't drive it to work because my wife can't drive stick and doesn't want to drive a bigger vehicle either (I'm perfectly fine with that too lol). Been having a blast driving around the Tbird. I just hope that my landlord doesn't catch on I have three cars and tow one of them randomly. Luckily we are moving into our own house soon - just waiting to close on it. This gas is ridiculous. I hate paying over $4 a gallon, and I heard it's going to get over $5 this summer here. I'll be looking for a new job after we move too because even if I take a pay cut its still cheaper due to the drive from that city to this one eating up funds.
Title: The price of GAS!!!
Post by: Shadow on March 22, 2012, 01:46:59 PM
Post by: Shadow on March 22, 2012, 01:46:59 PM
your landlord will have a problem with you owning 3 vehicles and parking them on your property? good god, i'd be having fist fights with him on a daily basis LOL
Title: The price of GAS!!!
Post by: thunderjet302 on March 22, 2012, 03:45:29 PM
Post by: thunderjet302 on March 22, 2012, 03:45:29 PM
Quote from: ZondaC12;384796
The financial products market is so wildly complex and every new thing they come up with is ten times more so, that you have to take a high-level college class just to understand how the mechanics of the trading even work!!!
I did and I still don't understand it fully....
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 22, 2012, 05:24:02 PM
Post by: V10KLZZ71S on March 22, 2012, 05:24:02 PM
I have worked in the oil/gas drilling industry for 26 yrs and the price of oil is based on a world market. If anyone wants to get mad, look at the taxation applied to fuels. Oil has made our lives what they are today. Without the progress we have made due to petroleum, we would still be in horse and buggy days. I love oil, its made our lives great. Milk costs about the same as a gallon of gas.
Title: The price of GAS!!!
Post by: Blackbird1 on March 22, 2012, 05:59:51 PM
Post by: Blackbird1 on March 22, 2012, 05:59:51 PM
I find it incredible that people, just like you and me in many ways, can make a decision to increase the price of something that everyone uses. They buy gas, and milk, as well. They pay the same prices we do. The difference between us and them is they make enough money to where they don't care about the price of gas or milk or anything else because they have money, and usually lots of it. So the rich get richer and there ain't a thing we can do about it. I wonder though, if I were in their shoes, would I be just as greddy.
Title: The price of GAS!!!
Post by: Shadow on March 22, 2012, 09:41:57 PM
Post by: Shadow on March 22, 2012, 09:41:57 PM
Quote from: Blackbird1;384876
I wonder though, if I were in their shoes, would I be just as greddy.
they say money changes people.. but if you come from some kind of hardship, i doubt it'll change your outlook on things.. i'm willing to bet a lot of it has to do with 'daddy passing his company on to his children' and being younger, they're money hungry.. i've come to realize, most people who are born into money want more, like it's going extinct
Title: The price of GAS!!!
Post by: softtouch on March 23, 2012, 01:35:28 AM
Post by: softtouch on March 23, 2012, 01:35:28 AM
It's good to be retired. I feel sorry for anybody who has to buy gas every month.
Title: The price of GAS!!!
Post by: dragon574444 on March 23, 2012, 03:43:49 AM
Post by: dragon574444 on March 23, 2012, 03:43:49 AM
Gasoline? Merely the price of admission. That's how I look at it anyway, long live the small block Ford!
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 07:27:48 AM
Post by: V10KLZZ71S on March 23, 2012, 07:27:48 AM
OPEC sets the price of oil, not individuals within a company. The notion that oil companies are greedy is simply not true. The last well we drilled, they spent 30 million drilling it and it barely made any gas. Just one example.
Title: The price of GAS!!!
Post by: 1BadBird on March 23, 2012, 09:13:28 AM
Post by: 1BadBird on March 23, 2012, 09:13:28 AM
Quote from: V10KLZZ71S;384948
OPEC sets the price of oil, not individuals within a company. The notion that oil companies are greedy is simply not true. The last well we drilled, they spent 30 million drilling it and it barely made any gas. Just one example.
Uhhh... ya.. ok. Your right in one aspect, OPEC does set the oil prices, but the oil companies do set the prices for gas. I hauled gas for a short time and got out of it when it was starting to get scary to haul (as in truck getting tampered with for the gas or getting jacked).
So a 400 million profit from the first quarter last year isn't greedy?? It used to be gas prices only changed when a station took delivery of a load of fuel, now it changes 2 or 3 times in between deliveries!!
Title: The price of GAS!!!
Post by: ZondaC12 on March 23, 2012, 09:25:28 AM
Post by: ZondaC12 on March 23, 2012, 09:25:28 AM
Quote from: thunderjet302;384860
I did and I still don't understand it fully....
You and me both man....sure didn't help that when you're studying engineering there is literally NO CLASS that you can kinda push-the-work-aside-to-bs-through-quick later LOL!!!! So everything gets like half the effort you need to put into it. But it sounds like a wild goose chase. "Call" "Put" "money market mutual funds" "commercial paper" and half the things SOUND the same to the layperson and they're actually like comparing a Cougar to a Grand Vitara XL-7 to a Fiat Panda to a Unimog. :hick:
And HOPEFULLY without sending this thread down the wrong road entirely...****I**** am not going to state a profound opinion as to hopefully ward that off, but it *begs the question* of how to obviously keep things reasonable. So many of these financial "products" and so new that not even the government understands enough about how they work to regulate anything to any degree. Let alone the hardworking citizens that end up victimized.
I think all of us here can agree that capitalism and the free market are a good thing IN THE SENSE of production and innovation, inventing, making new and BETTER things. But a Credit Default Swap? Just a fancy word for betting on (against?) the fact that bank X maybe won't should not YES have a customer go bankrupt on someone else's loan that they didn't....not....forget to sell to.............wait did I leave the iron on? :hick: :rollin:
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 12:40:16 PM
Post by: V10KLZZ71S on March 23, 2012, 12:40:16 PM
Quote from: 1BadBird;384960
Uhhh... ya.. ok. Your right in one aspect, OPEC does set the oil prices, but the oil companies do set the prices for gas. I hauled gas for a short time and got out of it when it was starting to get scary to haul (as in truck getting tampered with for the gas or getting jacked).
So a 400 million profit from the first quarter last year isn't greedy?? It used to be gas prices only changed when a station took delivery of a load of fuel, now it changes 2 or 3 times in between deliveries!!
No it is not greedy. Most oil companies spend billions on exploration. Their operating budget is huge, so the profit numbers seem large, hence the news media label "Big Oil". Maybe everyone would be happy if the companies were not profitable and then we would be totaly dependent on foreign oil producers. Most companies drill worldwide and in the states and spend big money providing the very product that makes our lives great. Do a search on local,state and federal taxes on a gallon of gas.Nothing to do with the producer.
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 12:48:23 PM
Post by: V10KLZZ71S on March 23, 2012, 12:48:23 PM
A little tid bit of info here.
http://www.dailymarkets.com/economy/2011/04/27/gasoline-taxes-vs-exxon-profit-per-gallon/
http://www.dailymarkets.com/economy/2011/04/27/gasoline-taxes-vs-exxon-profit-per-gallon/
Title: The price of GAS!!!
Post by: 1BadBird on March 23, 2012, 01:04:20 PM
Post by: 1BadBird on March 23, 2012, 01:04:20 PM
Correct me if I'm wrong, (and I'm sure you will) but doesn't Profit mean "After ALL" expenses. At least in other businesses it does. So how does the oil companies differ??
Yes I do realize that they (the oil companies) have a rather large expense for bringing what we all need everyday for our cars.
Yes I do realize that they (the oil companies) have a rather large expense for bringing what we all need everyday for our cars.
Title: The price of GAS!!!
Post by: CBASS on March 23, 2012, 01:37:44 PM
Post by: CBASS on March 23, 2012, 01:37:44 PM
So should oil companies not make a profit? If world demand sets the price of oil and it benefits the oil company is that wrong?
Title: The price of GAS!!!
Post by: 1BadBird on March 23, 2012, 03:07:23 PM
Post by: 1BadBird on March 23, 2012, 03:07:23 PM
I never said it was wrong for them to make a profit. But 400 million in the first quarter alone?? Oh well, I'll still pay it cause I need it.
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 03:14:57 PM
Post by: V10KLZZ71S on March 23, 2012, 03:14:57 PM
Quote from: 1BadBird;384994
I never said it was wrong for them to make a profit. But 400 million in the first quarter alone?? Oh well, I'll still pay it cause I need it.
You have to look at the operating budget to view the profit in perspective. Banks and most financial institutions have a higher profit margin. A side note, most world investors invest in the oil industry. Solar, wind power will never power trains, trucks, jets. Oil is here to stay for quite a while.
Title: The price of GAS!!!
Post by: Haystack on March 23, 2012, 03:55:56 PM
Post by: Haystack on March 23, 2012, 03:55:56 PM
Anyone that says oil companies aren't greedy is on their payroll, just as simple as that. The only other companies that I know of that get paid more by the government to raise prices, are the car companies. They have to work pretty hard to get worse gas mileage out of the same car they made 20 years ago with less strict emissions, and more efficient engines.
The people to blame for the prices of gas afre the people that buy newer "more" fuel efficent cars. If everyone was drive a 460bb ford pickup without overdrive, gas wouldn't be $4 a gallon right now, and there wouodn't be an oil shortage. What realle happened is gas got cheap when a country was no longer bound by opec and started trading gas freely. The price was driven way down before opec conformed the new government of said country, and now they have to make up forit with more profits.
To the op, I drove a 5.4 f-250 with 350k+ miles on it, I averaged 19mpg out of it, and sometimes as high as 20mpg towing. My friend with a f150 gets 22mpg out of his 99f-150 with a 5.4. You need to do a tune up, or changw the way you drive if your getting 13. My work truck I even left running for most of the day to run hydralics and equipment on off of it.
The best way to save on gas isn't to spent $10k on a new car. Its to drive less and combine trips. With my dads 91 e-250, 460 with a towing package, he was paying $120 a month in gas. How long would a newer car take to payitself off? Quite a while. Considering his insurance would almost double, then he would only be saving maybe $60 a month on it.
I keep trying to talk him into a 86-88 bird or cat. Excelent commuter cars. I used to average over 25mpg freeway. Mostdays I was right near 27 or 28, and it I slowed down from 75 to 65mph in the 75 zone, I could easily hit 30mpg every dayy, except some of the snow days. Several times with a 100 miles commute each day I drove all 5 days on a single tank. Doing 55mph loaded with a couple hundred pound of tools and 3 people, I followed a work truck home at 55mph. I averaged just over 35mpg that day. I don't see why anyone would buy a newer car for "better" gas mileage. But I am pretty biased.
The people to blame for the prices of gas afre the people that buy newer "more" fuel efficent cars. If everyone was drive a 460bb ford pickup without overdrive, gas wouldn't be $4 a gallon right now, and there wouodn't be an oil shortage. What realle happened is gas got cheap when a country was no longer bound by opec and started trading gas freely. The price was driven way down before opec conformed the new government of said country, and now they have to make up forit with more profits.
To the op, I drove a 5.4 f-250 with 350k+ miles on it, I averaged 19mpg out of it, and sometimes as high as 20mpg towing. My friend with a f150 gets 22mpg out of his 99f-150 with a 5.4. You need to do a tune up, or changw the way you drive if your getting 13. My work truck I even left running for most of the day to run hydralics and equipment on off of it.
The best way to save on gas isn't to spent $10k on a new car. Its to drive less and combine trips. With my dads 91 e-250, 460 with a towing package, he was paying $120 a month in gas. How long would a newer car take to payitself off? Quite a while. Considering his insurance would almost double, then he would only be saving maybe $60 a month on it.
I keep trying to talk him into a 86-88 bird or cat. Excelent commuter cars. I used to average over 25mpg freeway. Mostdays I was right near 27 or 28, and it I slowed down from 75 to 65mph in the 75 zone, I could easily hit 30mpg every dayy, except some of the snow days. Several times with a 100 miles commute each day I drove all 5 days on a single tank. Doing 55mph loaded with a couple hundred pound of tools and 3 people, I followed a work truck home at 55mph. I averaged just over 35mpg that day. I don't see why anyone would buy a newer car for "better" gas mileage. But I am pretty biased.
Title: The price of GAS!!!
Post by: ZondaC12 on March 23, 2012, 04:09:16 PM
Post by: ZondaC12 on March 23, 2012, 04:09:16 PM
Case and point....early 90s Geo/Chevrolet Metro! It's rare that I do but when I see one of those I can't help but think the driver must be laughing all the way to the bank. Parts can't be that expensive for them, you owe nothing on it, and 40-50 MPG. What's not to like? (Yes potential death trap but I'd rather one of those than a Smart car...)
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 04:46:41 PM
Post by: V10KLZZ71S on March 23, 2012, 04:46:41 PM
I drive a V10 F250. I would suggest to anyone who is convinced that oil companies are greedy and evil to throw out everything that is related to oil and try and live without anything that is produced with oil and its by products. Stop pecking on your computer keys made from petroleum products. It would be safe to say you would be living in the woods. It just amazes me that something as great as what oil has given all of us, people want to demonize the very companies that deliver this to us. Countless times the Senate has investigated gas prices/oil companies and guess what? They turn up empty.
Title: The price of GAS!!!
Post by: V10KLZZ71S on March 23, 2012, 07:53:30 PM
Post by: V10KLZZ71S on March 23, 2012, 07:53:30 PM
Stuff like this happens to the industry.It certainly does not help.
http://www.foxnews.com/politics/2012/03/23/louisiana-oil-companies-decry-abusive-rash-lawsuits-say-industry-hurting/
http://www.foxnews.com/politics/2012/03/23/louisiana-oil-companies-decry-abusive-rash-lawsuits-say-industry-hurting/
Title: The price of GAS!!!
Post by: Shadow on March 23, 2012, 08:43:57 PM
Post by: Shadow on March 23, 2012, 08:43:57 PM
Quote from: ZondaC12;385000
Case and point....early 90s Geo/Chevrolet Metro! It's rare that I do but when I see one of those I can't help but think the driver must be laughing all the way to the bank. Parts can't be that expensive for them, you owe nothing on it, and 40-50 MPG. What's not to like? (Yes potential death trap but I'd rather one of those than a Smart car...)
parts are actually getting scarce for metros.. my dad was fixing 1 for his friend's daughter (first car) and it wasn't fun (for him, was funny for me lol) trying to find parts.. typical parts for the motor were relatively easy to come by, but it took him 4 months to find a front bumper cover lol
Title: The price of GAS!!!
Post by: Blackbird1 on March 23, 2012, 11:28:36 PM
Post by: Blackbird1 on March 23, 2012, 11:28:36 PM
Quote from: V10KLZZ71S;384948
OPEC sets the price of oil, not individuals within a company. The notion that oil companies are greedy is simply not true. The last well we drilled, they spent 30 million drilling it and it barely made any gas. Just one example.
The price of gas is being inflated by a speculator on Wall Street. And go ask the former CEO of Exxon if he feels undercompensated. Heres's an ABC News report.
April 14, 2006
Soaring gas prices are squeezing most Americans at the pump, but at least one man isn't complaining.
Last year, Exxon made the biggest profit of any company ever, $36 billion, and its retiring chairman appears to be reaping the benefits.
Exxon is giving Lee Raymond one of the most generous retirement packages in history, nearly $400 million, including pension, stock options and other perks, such as a $1 million consulting deal, two years of home security, personal security, a car and driver, and use of a corporate jet for professional purposes.
Last November, when he was still chairman of Exxon, Raymond told Congress that gas prices were high because of global supply and demand.
"We're all in this together, everywhere in the world," he testified.
Raymond, however, was confronted with caustic complaints about his compensation.
"In 2004, Mr. Raymond, your bonus was over $3.6 million," Sen. Barbara Boxer said.
That was before new corporate dospoogeents filed with the Securities and Exchange Commission that revealed Raymond's retirement deal and his $51.1 million paycheck in 2005. That's equivalent to $141,000 a day, nearly $6,000 an hour. It's almost more than five times what the CEO of Chevron made.
"I think it will spark a lot of outrage," said Sarah Anderson, a fellow in the global economy program at the Institute for Policy Studies, an independent think tank. "Clearly much of his high-level pay is due to the high price of gas."
Exxon defends Raymond's compensation, pointing out that during the 12 years he ran the company, Exxon became the largest oil company in the world and that the stock price went up 500 percent.
A company spokesman said the compensation package reflected "a very long and distinguished career."
Some Exxon shareholders are now trying to pass resolutions criticizing the company's executive pay policies. The company is urging other shareholders to vote against those resolutions.
GREEDY!!!!!!
Title: The price of GAS!!!
Post by: CBASS on March 23, 2012, 11:47:27 PM
Post by: CBASS on March 23, 2012, 11:47:27 PM
Vilify others. Spoken like a true statist. Im done with this topic.
Title: The price of GAS!!!
Post by: Shadow on March 24, 2012, 12:06:08 AM
Post by: Shadow on March 24, 2012, 12:06:08 AM
politicians.. the biggest crooks on earth..
Title: The price of GAS!!!
Post by: Blackbird1 on March 24, 2012, 12:24:53 AM
Post by: Blackbird1 on March 24, 2012, 12:24:53 AM
I understand that oil companies say it takes a boat load of cash to drill for oil, refine it, store it and transport it. I get that. But how much of the money they say is getting used that way is actually being used for that purpose. That former CEO was making $6k a day. That's great for him, but wouldn't that be better spent on research and exploration.
And as far as the boys on Wall Street go, that's a whole different story. They see potential trouble in the Middle East and start buying oil future contracts. They buy up lots and lots of them and make the supply look as if it's falling short. Supply goes down and the price goes up. If the Middle East explodes, they sell the oil contracts at a much higher price than paid and make a killing. They take delivery of little or none of the oil they bought. And if nothing happens in the Middle East, they can still use the oil if they take delivery. But, now the price of gas is already so high they still make a killing.
And as far as the boys on Wall Street go, that's a whole different story. They see potential trouble in the Middle East and start buying oil future contracts. They buy up lots and lots of them and make the supply look as if it's falling short. Supply goes down and the price goes up. If the Middle East explodes, they sell the oil contracts at a much higher price than paid and make a killing. They take delivery of little or none of the oil they bought. And if nothing happens in the Middle East, they can still use the oil if they take delivery. But, now the price of gas is already so high they still make a killing.
Title: The price of GAS!!!
Post by: Blackbird1 on March 24, 2012, 12:42:23 AM
Post by: Blackbird1 on March 24, 2012, 12:42:23 AM
Quote from: Haystack;384998
To the op, I drove a 5.4 f-250 with 350k+ miles on it, I averaged 19mpg out of it, and sometimes as high as 20mpg towing. My friend with a f150 gets 22mpg out of his 99f-150 with a 5.4. You need to do a tune up, or changw the way you drive if your getting 13. My work truck I even left running for most of the day to run hydralics and equipment on off of it.
It's really not the truck that is the problem or the way I drive. It's the geography and the population here in the Baltimore area. My truck has less then 30K on the clock, has already had it's first tune-up and is otherwise very well maintained. The traffic in this town is terrible. The last time I drove at 65MPH or over for more than 10 minutes continuously was last summer on the way to South Carolina. I only drive 27 miles a day round trip and I burn through 30 gallons of gas in 2 weeks. My T-bird is on week 2 and is still on the top half of the tank.
Title: The price of GAS!!!
Post by: Thunderbird88 on June 28, 2012, 07:26:37 PM
Post by: Thunderbird88 on June 28, 2012, 07:26:37 PM
$8/gallon in Sweden.
I wish I had the price you guys have...
I wish I had the price you guys have...
Title: The price of GAS!!!
Post by: Beau on June 28, 2012, 07:34:02 PM
Post by: Beau on June 28, 2012, 07:34:02 PM
Quote from: Thunderbird88;393387
$8/gallon in Sweden.
I wish I had the price you guys have...
This.
Us folks stateside ain't got shiznit to bitch about. Everything costs more over on that side of the pond.
Title: The price of GAS!!!
Post by: Haystack on June 28, 2012, 07:54:04 PM
Post by: Haystack on June 28, 2012, 07:54:04 PM
Yes we do, were AMERICAN. We expect the world, and everyone else to provide for it.
I passed up a good deal on a 92hp electric motor a couple months ago. I wish I would have gotten it when I had the chance. That and about $2000 on lipo batteries sure would go a long way.
I passed up a good deal on a 92hp electric motor a couple months ago. I wish I would have gotten it when I had the chance. That and about $2000 on lipo batteries sure would go a long way.
Title: The price of GAS!!!
Post by: dragon574444 on June 29, 2012, 12:34:14 AM
Post by: dragon574444 on June 29, 2012, 12:34:14 AM
Do keep in mind that we use US gallons, whereas the rest of the world uses Imperial gallons. US gallons are smaller, and thus skews the numbers to make it seem like we're getting a better deal than we really are. Buy yeah...we still do pay a lot less for gas.
Title: The price of GAS!!!
Post by: daminc on June 29, 2012, 07:22:26 AM
Post by: daminc on June 29, 2012, 07:22:26 AM
US gallons are larger
Title: The price of GAS!!!
Post by: dragon574444 on June 29, 2012, 02:08:36 PM
Post by: dragon574444 on June 29, 2012, 02:08:36 PM
Haha, I guess I got that backwards. You're right.
Title: The price of GAS!!!
Post by: daminc on June 29, 2012, 02:36:17 PM
Post by: daminc on June 29, 2012, 02:36:17 PM
lol...it dosen't matter..... gas is still expensive no matter where you go.
Title: The price of GAS!!!
Post by: Thunderbird88 on June 29, 2012, 07:20:33 PM
Post by: Thunderbird88 on June 29, 2012, 07:20:33 PM
Quote from: dragon574444;393424
Do keep in mind that we use US gallons, whereas the rest of the world uses Imperial gallons. US gallons are smaller, and thus skews the numbers to make it seem like we're getting a better deal than we really are. Buy yeah...we still do pay a lot less for gas.
We don't even use gallons, we use liters. So I just converted our price to what it would be using US gallons.
But at the moment I'm driving my Thunderbird on E85 which is only like $5/gallon. Feels like I'm fueling it up for free :D
Title: The price of GAS!!!
Post by: Thunder Chicken on June 29, 2012, 08:22:51 PM
Post by: Thunder Chicken on June 29, 2012, 08:22:51 PM
Quote from: daminc;393429
US gallons are larger
Nope. The US gallon is around 3.8 liters, the imperial gallon is 4.5. It's funny because Canada is metric but car companies advertise fuel economy in MPG. They use imperial gallons which artificially inflate the numbers (bigger gallons = more miles). My 2011 Sonata was advertised at 50MPG highway, in USA the same car is advertised at 35. And, incidentally, it gets every bit of it.
We also pay much more for gas than Americans do (but not as much as Europe), even though Canada exports most of its oil to USA. Right now gas is at 118.9 cents per liter. At 3.8 liters to the gallon we're paying around $4.52 per gallon. The Loonie and the Greenback are just about at par right now and have been for a fews years, so you can't even blame the difference on exchange rates.
Another strange thing is that diesel is usually about 8 cents per liter (~30 cents per gallon) cheaper than regular unleaded. Sometimes the difference is even higher (though to be truthful it is sometimes, though rarely, the same price or a few cents higher). For this reason diesel cars make more sense here, and VW sells a buttload of TDI Golfs, Jettas and Passats. I'm actually thinking I may trade the Sonata in on a TDI Jetta in a few years, or maybe even a Cruze if the diesel version proves reliable enough...
Title: The price of GAS!!!
Post by: Haystack on June 29, 2012, 11:27:56 PM
Post by: Haystack on June 29, 2012, 11:27:56 PM
Deisel prices are slightly lower and not pr0ne to the changes in price as much as gas around here too.
What I find funny, deisel is a byproduct of refining oil, as is natrual gas and propane. Much of it is vented to the atmosphere or burned as excess.
Gas is sitting about $3.45 a gallon low and 3.55 or so high around here,
I also don't buy into the ethonal either.
If I had some money and a bit of time, I really would go electric. It runs about .02 cents a mile to charge, after conversion costs of course. What would once weigh 2400lbs of lead acid can now be had for about 3-500lb of lipo and lithium ion batteries.nwith this new technology, you could get 100-150 miles of range for close to the same weight as an ice, if your battery charger is external.
In my state it is illegal to do a conversion unless it is through an approved epa shop that will sign off on it, and electric batteries have to be sealed. I don't believe they have banned lion/lipo's for conversions... YET.
As far as the saftey of lipo's go, many people claim they randomly combust and explode with minor impact/g force's. All I have to say, my model airplane reguallarly see's over 10g's, and has had many 40 mph impacts. The only battery that I have damaged ran into the back of the motor while it was still spinning, but still took a charge fine, however its in a safe place now.
Even a direct short and charging at over 10x capacity will not always destroy or damage a lipo, and lipo's are 20% smaller and 40% lighter then a similar lion battery pack. With the way battery technology has improved over the last several years, I am wondering how much cheaper and durable these will become.
I'd really like to pick up a couple of 1 cell 3.7v 5,000mah batteries and see how durable the setup could be, and see if the charging system could be simpleized to the point of it being reliable.
What I find funny, deisel is a byproduct of refining oil, as is natrual gas and propane. Much of it is vented to the atmosphere or burned as excess.
Gas is sitting about $3.45 a gallon low and 3.55 or so high around here,
I also don't buy into the ethonal either.
If I had some money and a bit of time, I really would go electric. It runs about .02 cents a mile to charge, after conversion costs of course. What would once weigh 2400lbs of lead acid can now be had for about 3-500lb of lipo and lithium ion batteries.nwith this new technology, you could get 100-150 miles of range for close to the same weight as an ice, if your battery charger is external.
In my state it is illegal to do a conversion unless it is through an approved epa shop that will sign off on it, and electric batteries have to be sealed. I don't believe they have banned lion/lipo's for conversions... YET.
As far as the saftey of lipo's go, many people claim they randomly combust and explode with minor impact/g force's. All I have to say, my model airplane reguallarly see's over 10g's, and has had many 40 mph impacts. The only battery that I have damaged ran into the back of the motor while it was still spinning, but still took a charge fine, however its in a safe place now.
Even a direct short and charging at over 10x capacity will not always destroy or damage a lipo, and lipo's are 20% smaller and 40% lighter then a similar lion battery pack. With the way battery technology has improved over the last several years, I am wondering how much cheaper and durable these will become.
I'd really like to pick up a couple of 1 cell 3.7v 5,000mah batteries and see how durable the setup could be, and see if the charging system could be simpleized to the point of it being reliable.
Title: The price of GAS!!!
Post by: daminc on June 30, 2012, 07:15:57 AM
Post by: daminc on June 30, 2012, 07:15:57 AM
an imperial gallon 0.83267418 = 1 US gallon
I guess I was wrong...... sorry
our gas is in the $4 range still, and diesel is about $4.20. we are also 10 min from Canada
I guess I was wrong...... sorry
our gas is in the $4 range still, and diesel is about $4.20. we are also 10 min from Canada
Title: The price of GAS!!!
Post by: softtouch on June 30, 2012, 08:49:41 AM
Post by: softtouch on June 30, 2012, 08:49:41 AM
Quote from: daminc;393506
an imperial gallon 0.83267418 = 1 US gallon
I guess I was wrong...... sorry
Here is how I remember the differance:
An imperial quart of whisky is 40oz. A US quart is 32oz.
So an imperial gallon is 5 US quarts and a US gallon is 4 US quarts.
Title: The price of GAS!!!
Post by: TOM Renzo on June 30, 2012, 01:20:28 PM
Post by: TOM Renzo on June 30, 2012, 01:20:28 PM
What I find funny, deisel is a byproduct of refining oil, as is natrual gas and propane. Much of it is vented to the atmosphere or burned as excess.
NOT TRUE!!!!
NOT TRUE!!!!
Title: The price of GAS!!!
Post by: 20thanniver-ls on June 30, 2012, 02:45:17 PM
Post by: 20thanniver-ls on June 30, 2012, 02:45:17 PM
Gas is pretty cheap here, 3 bucks at the low, 3.15 at the high. Diesel has always been higher here, as long as I can remember. It's usually 50-60 cents higher than regular unleaded.
Title: The price of GAS!!!
Post by: Haystack on June 30, 2012, 02:54:02 PM
Post by: Haystack on June 30, 2012, 02:54:02 PM
Quote from: TOM Renzo;393530
What I find funny, deisel is a byproduct of refining oil, as is natrual gas and propane. Much of it is vented to the atmosphere or burned as excess.
NOT TRUE!!!!
Natrual gas and propane are vented to the atmosphere as well as burned as waste fuel. Deisel isn't.
Propane is almost always injected back into the ground through the recovery process. If there is too much propane still in the oil, it is further refined and burned off. Only about 12% of recovered propane makes it to consumers.
Also my state regulates both propane and natrual gas to $1.75 and down to $1.35 when a gallon of gas goes over $4 a gallon.
Title: The price of GAS!!!
Post by: TOM Renzo on June 30, 2012, 06:55:08 PM
Post by: TOM Renzo on June 30, 2012, 06:55:08 PM
http://science.howstuffworks.com/environmental/energy/oil-refining2.htm
I have a house in LOUISIANA. And as i am told nothing is wasted in the refining process. I think most of the natural gas that is domestic comes from LOUISIANA. And as i am informed nothing is wasted that we refine from oil. Could be wrong. But my father in law was in the oil business for 48 years. I think burning off of the gases is not dun any more. I think most modern refineries do not burn off the gases. They reclaim them and of course sell the product. Years ago they burned it off but i think most of that has stopped. LP gas is very profitable to the refineries and venting or burning would be foolish. Not sure if their are EPA regs on this?? But i am probably wrong again as usual!!
I have a house in LOUISIANA. And as i am told nothing is wasted in the refining process. I think most of the natural gas that is domestic comes from LOUISIANA. And as i am informed nothing is wasted that we refine from oil. Could be wrong. But my father in law was in the oil business for 48 years. I think burning off of the gases is not dun any more. I think most modern refineries do not burn off the gases. They reclaim them and of course sell the product. Years ago they burned it off but i think most of that has stopped. LP gas is very profitable to the refineries and venting or burning would be foolish. Not sure if their are EPA regs on this?? But i am probably wrong again as usual!!
Title: The price of GAS!!!
Post by: Haystack on June 30, 2012, 08:12:07 PM
Post by: Haystack on June 30, 2012, 08:12:07 PM
Tom, you may be right. Most of my research was done near 2005 as part of a science and biology class for my final project. A lot of my info is probably out of date. Propane and natrual gas used to be wasted a lot, and there were very few twin fuel vehicles.
Title: The price of GAS!!!
Post by: Thunder Chicken on June 30, 2012, 08:52:55 PM
Post by: Thunder Chicken on June 30, 2012, 08:52:55 PM
I know they still burn it at the Dartmouth, NS refinery - you can see the flare stack for miles...
Title: The price of GAS!!!
Post by: Haystack on June 30, 2012, 08:58:57 PM
Post by: Haystack on June 30, 2012, 08:58:57 PM
They actually run those to burn off explosive fumes when the pressure is too high for the system to contain.
Title: The price of GAS!!!
Post by: TOM Renzo on June 30, 2012, 10:31:16 PM
Post by: TOM Renzo on June 30, 2012, 10:31:16 PM
Thunder i think they only do that in the out dated plants. Not 100% I think the EPA came down on that some time ago. I used to travel through NJ when i was in the Marines and see the flames. But recently i dont see it any more. I was told it is reclaimed now. That is a little out of my field. But i do know they can shift to diesel and home heating oils in the winter to gain more heating fuels and certain diesel fuels. My Father in law used to work in a refineries years ago.
Title: The price of GAS!!!
Post by: Haystack on July 01, 2012, 01:42:39 PM
Post by: Haystack on July 01, 2012, 01:42:39 PM
We have about 5 refineries locally to refine gas through pipelines from wyoming. Two of them are visable frm the freeway and still burn just as thunderchicken said.
This same plant also had an explosion that killed several people, wounded about a 100 workers, and blew out windows in residential homes several miles away. It passed an epa and osha saftey inspection about 3 weeks before the explosion, and it was even recommened they replace the parts that exploded. They decided it wasn't worth shutting down the plant due to cost of matinence, and loss of production.
The local chevron refinery has had several pipeline bursts in the same sections over the past couple of years. Local athorities shut them down because it drains into a river where slc gets most of its fresh water. Chevron sucessfully lobbied to get the shut down lifted without any repairs, even after failing soil sample and with evidence of leaks, even before it was cleaned up from the last several spills.
Regulations don't stop things from happening. Money does.
This same plant also had an explosion that killed several people, wounded about a 100 workers, and blew out windows in residential homes several miles away. It passed an epa and osha saftey inspection about 3 weeks before the explosion, and it was even recommened they replace the parts that exploded. They decided it wasn't worth shutting down the plant due to cost of matinence, and loss of production.
The local chevron refinery has had several pipeline bursts in the same sections over the past couple of years. Local athorities shut them down because it drains into a river where slc gets most of its fresh water. Chevron sucessfully lobbied to get the shut down lifted without any repairs, even after failing soil sample and with evidence of leaks, even before it was cleaned up from the last several spills.
Regulations don't stop things from happening. Money does.
Title: The price of GAS!!!
Post by: Thunder Chicken on July 01, 2012, 02:38:46 PM
Post by: Thunder Chicken on July 01, 2012, 02:38:46 PM
I dunno if money stops things from happening, but a lack of it sure does