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Topic: The price of GAS!!! (Read 20072 times) previous topic - next topic

The price of GAS!!!

Reply #30
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/
1988 Thunderbird LX  557/C6 project. UPR tube K-member, A-Arms, Strange 10 way adjustable coilovers. SN-95 spindle,brakes. Manual rack, bump steer kit.  MM castor/camber plates, Dynatech 2 1/8 swap headers. Quick 9" 35 spline Moser axles,CHE lower c arms,

The price of GAS!!!

Reply #31
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
ShadowMSC.com < < Still Under Construction

R.I.P. 'Zump' 8/29/86 - 11/11/11
3- 87 TC's / 1 really mean 83 Capri RS / 94 Sonoma SAS Project on 37x12.50 TSL Radials / 88 S10 that's LITERALLY cut to pieces / 84 F150 SAS, 351M, 39.5 TSL's / 85 Toyota regular cab, 22R 5spd, 3/4" drop, my little junkyard save/daily driver

The price of GAS!!!

Reply #32
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!!!!!!
[SIGPIC][/SIGPIC]      STEVE ;)

The price of GAS!!!

Reply #33
Vilify others. Spoken like a true statist. Im done with this topic.

The price of GAS!!!

Reply #34
politicians.. the biggest crooks on earth..
ShadowMSC.com < < Still Under Construction

R.I.P. 'Zump' 8/29/86 - 11/11/11
3- 87 TC's / 1 really mean 83 Capri RS / 94 Sonoma SAS Project on 37x12.50 TSL Radials / 88 S10 that's LITERALLY cut to pieces / 84 F150 SAS, 351M, 39.5 TSL's / 85 Toyota regular cab, 22R 5spd, 3/4" drop, my little junkyard save/daily driver

The price of GAS!!!

Reply #35
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.
[SIGPIC][/SIGPIC]      STEVE ;)

The price of GAS!!!

Reply #36
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.
[SIGPIC][/SIGPIC]      STEVE ;)

The price of GAS!!!

Reply #37
$8/gallon in Sweden.
I wish I had the price you guys have...

The price of GAS!!!

Reply #38
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.
'84 Mustang
'98 Explorer 5.0
'03 Focus, dropped a valve seat. yay. freakin' split port engines...
'06 Explorer EB 4.6

The price of GAS!!!

Reply #39
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.
Quote from: jcassity
I honestly dont think you could exceed the cost of a new car buy installing new *stock* parts everywhere in your coug our tbird. Its just plain impossible. You could revamp the entire drivetrain/engine/suspenstion and still come out ahead.
Hooligans! 
1988 Crown Vic wagon. 120K California car. Wifes grocery getter. (junked)
1987 Ford Thunderbird LX. 5.0. s.o., sn-95 t-5 and an f-150 clutch. Driven daily and going strong.
1986 cougar.
lilsammywasapunkrocker@yahoo.com

The price of GAS!!!

Reply #40
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.
2002 Honda Civic EX

1984 Ford Thunderbird Elan
5.0 CFI, T5, Dual Exhaust

The price of GAS!!!

Reply #41
US gallons are larger
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***** Project "EVOLUTION" 1987 Cougar LS  & 1985 Cougar Convertible *****
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5.0 HO 306 roller block, machined GT-40P heads, Wiseco dished forged pistons, Eagle forged floating I-beam connecting rods, Lunati pushrods, ARP bolts, Scorpion aluminum 1.6 rockers, Comp Cams Magnum 266HR, Explorer intake, 65mm TB, MAF Conversion, 19# injectors, Ford Racing stainless P-headers, 2-1/2" cat-less exhaust w/ Flowtech Afterburner lers , SC AOD with 2800 BDR torque converter, 3.73 T-Lok rear, CHE rear control arms, full 2-1/2" frame w/1" jacking rails & seat supports, Rear disk brakes, Turbine wheels, All original interior w/ floor shift upgrade .......
Pretty much every panel on my 87 is new, rebuilt, or re constructed. :D
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The price of GAS!!!

Reply #42
Haha, I guess I got that backwards. You're right.
2002 Honda Civic EX

1984 Ford Thunderbird Elan
5.0 CFI, T5, Dual Exhaust

The price of GAS!!!

Reply #43
lol...it dosen't matter..... gas is still expensive no matter where you go.
[SIGPIC][/SIGPIC]
***** Project "EVOLUTION" 1987 Cougar LS  & 1985 Cougar Convertible *****
[/COLOR]
5.0 HO 306 roller block, machined GT-40P heads, Wiseco dished forged pistons, Eagle forged floating I-beam connecting rods, Lunati pushrods, ARP bolts, Scorpion aluminum 1.6 rockers, Comp Cams Magnum 266HR, Explorer intake, 65mm TB, MAF Conversion, 19# injectors, Ford Racing stainless P-headers, 2-1/2" cat-less exhaust w/ Flowtech Afterburner lers , SC AOD with 2800 BDR torque converter, 3.73 T-Lok rear, CHE rear control arms, full 2-1/2" frame w/1" jacking rails & seat supports, Rear disk brakes, Turbine wheels, All original interior w/ floor shift upgrade .......
Pretty much every panel on my 87 is new, rebuilt, or re constructed. :D
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The price of GAS!!!

Reply #44
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