oil possibly going to $28 a barrel????

[a320drivr]

It really hurts when your 3 cars and boat are V8 powered.

1. Yukon Denali XL
2. F150 4X4
3. Mustang GT

I may have to trade them in for a Yugo.

 

[IAHERJ]

Marina fuel is around 2.98 a gallon. My boat holds over 250 gallons and a typical weekend runs around $300.00 now for gas alone. I guess I should just live on the **CENSORED****CENSORED****CENSORED****CENSORED** thing full time until gas prices reach a reasonable level.

IAHERJ

 

[F16TJ]

Our pastor gave a great sermon last week. He went into the "high" cost of gas at the pumps to make a point for his sermon. I'm going off memory here, so bear with me.

Prices today:

Gas $2.50 a gallon
Gatorade $8.75 a gallon
Avion Water $22.50 a gallon
STP Oil Treatment $144.00 a gallon
Vicks Nyquil $178.00 a gallon

So despite the fact that we pull this stuff out of the ground and have to refine it, it is still pretty cheap. Now, that being said, it is more expensive than anything we have been used to paying.

On a side note, I went to the manager of the local gas station to see if I could purchase a fuel hedge and he threw me out of his office! Ba$tard!

 

[CatYaaak]

The Unites States still has the cheapest gas in the world compared to Europe and Asia...yet we biotch and moan about gas while driving around in 2 mile/gal SUV's.
Then GM/Forrd/Chrysler wonder why their N. American divisions are losing money and Toyota is gunning for the number one spot.

Feels like the Roman Empire....

Comparing fuel to prices to Europe is silly. For one thing, most Euro countries have zero of their own reserves. But mainly, prices are high there due to taxes, which has nothing do to with supply and demand. In general, taxes represent 75% of the price for a gallon (litres, whatever) of gas there, while we are just about the reverse, tax representing 25% of the unit price at the pump.

P.S. If we were the Roman Empire, we'd really be an Empire. We'd have invaded Canada a long time ago for their recources and we'd have 12 (or is it 13) new states probably all with funny Innuit names like that new one they have. We'd be getting free gas from our states in the Middle East, and for about the last 40 years (Sandifornia, Aramcohoma, etc.) and would've had no need for Alaska pipelines and such. The Romans wouldn't have piddled around with "buying" anything, and places like Bagdad and Fallujah would just be small mounds of B-52-produced gravel, and the few surviving Iraqis re-located to someplace like the Yukon where they'd be too busy trying to stay warm to get into too much trouble. That's what real empires typically do.

 

[race#53]

Just finished " Cockpit confessions of an airline pilot"
Great book full of laughs and tears, one line is;
Moses on deal to become God's chosen people;
Let's see they (the Arabs) get all the oil and we get to cut off...what?

 

[kevdog]

No joke, ATL gas in 1997 was 76 Cents a gallon---and DL was doing great then....



Bye Bye--General Lee

Aw, the good old days! Delta was probably hiring then too.

Hey fuel prices in europe are about the same as they were 10 years ago, about a euro per liter. Not too bad when you consider most countries there have a minimum wage of about 15 Euros/hr (about $20/hr now) and get full insurance along with it.

 

[koko nw]

Catyaak, Now that was funny and insightful, you rock sir !

 

[Purpledog]

Quote:
Originally Posted by Pilotbob3
i couldn't believe i paid $2.59 for Premium in Daytona Beach today to fill up my Porsche!!

Effing Shell stations..

And your a pilot and you own a Porsche?

He's 59 and he's voting for the age increase to pay for it. Sorry, I couldn't resist.

 

[Floyd R. Turbo]

Our pastor gave a great sermon last week. He went into the "high" cost of gas at the pumps to make a point for his sermon. I'm going off memory here, so bear with me.

Prices today:

Gas $2.50 a gallon
Gatorade $8.75 a gallon
Avion Water $22.50 a gallon
STP Oil Treatment $144.00 a gallon
Vicks Nyquil $178.00 a gallon

So despite the fact that we pull this stuff out of the ground and have to refine it, it is still pretty cheap. Now, that being said, it is more expensive than anything we have been used to paying.

Well, shoot! And to think I wasted all those years trying to perfect the Gatorade-powered car.

People like to quote numbers like this, but it's really an apples to oranges comparison, until any of these things start powering cars or we start using them in the same quantities that we use gasoline. When I need a whole gallon of Nyquil to move myself and a few possesions 30 miles, I'll worry about how much it costs per gallon. As things stand now, I doubt that I'll use a whole gallon of the stuff in my entire life.

Using this logic, if I pay 200 grand for a house, I should thank my lucky stars, because aircraft carriers cost billions.


Nice try on the hedge deal though. Sorry it didn't work out. I was thinking of going at it from another angle and just building my own refinery. Stupid county probably won't give me a permit though. They lack vision. :-/

BTW, 8.75 a gallon is waaaaay too much for Gatorade. Wait for the sales or check the Sunday paper for coupons and you shouldn't have to pay more than a dollar a quart. Or buy the powdered stuff and it's cheaper than that.

Poll answer: Honda Accord, 29 mpg so far. 2.33 for regular in Detroit.

 

[LearLove]

Lear, my '00 Subaru Impreza, with the NA 2.5 liter generating 167 HP, (accoording to Subaru documentation at least) will get anywhere from 24 to 25 average. I've seen it as high as 27 for a road trip, and as low as 22.5 in the winter when I spend alot of time warming it up before hitting the road (and playing WRC in the snow!). I'm strongly considering getting one of those K&N air filters that is supposed to boost fuel economy and/or power. Doing some rough math, I figured that if it boosts my average fuel economy from 24 to 26, at a conservative $2/gallon, the $45 dollars for the filter should pay for itself in less than 2 oil changes. And thats using conservative figures, cheap gas and a modest gain in mileage.

But seriously, that truck of yours only gets 22 mpg with 140 HP? Even less with 4wd engaged? My car is already AWD and gets better mileage with a bigger engine.

yeah only 22. if you look at the consumer report rating for the tocoma its the only bad area where the truck gets a low rating. the GM engine in the thing is bullet proof and is actually designed to last 500,000+ miles (on basic MX and oil/filter changes), however what you get in reliability you loose in eff.

My old 99 Audi A4 Quatro had a 1.8 liter Turbocharged 180hp engine. On the highway I got around 37mpg averaging 75 in 5th gear. That engine was smooth. I should have never gotten rid of that car, i miss it so much. BTW my sister had the same car but with the biger 2.8 engine. Of course I drove both and felt the 1.8T actually performed better overall.

Once the truck is paid off I'd like to get an old (1969-1974) 911S and restore it so I'd have the truck for work and the 911 to drive on the off days. However this f'in company that I work for seems to have other plans with my spending cash.

 

[atpcliff]

Hi!

Gasoline costs in the US and in Europe are about the same.

The European countries add in a bunch of taxes at the pump to cover the cost of gasoline.

Here in the US, instead of charging motorists for the gas they buy, we take about 1/2 of the cost and pay for it with other taxes and future government deficits. That way, we can ride for less and charge it to the future generations.

Cliff
PNS

 

[kevdog]

ok, but at the pump it costs about a euro per liter, so figure almost 4 euros per gallon...which is like $5.40 a gallon. Who cares about the taxes, it's what you pay at the pump.

 

[G100driver]

I know what we need ... a Republican House, Senate and White House. That will get those gas prices down. None of those tree huggers that want high gas prices to force us into "alternative" energy (read John Birch conspricy type trying to control bubba and his SUV) If we had conservative leadership we not be borrowing against our future and would have a strong dollar. And another thing, we should invade some middle east country. We about we scare those kingdoms into keeping our gas cheap. I bet if we drill for oil in Alaska those sheik's will be begging for mercy. We will rule the world oil markert. That will keep those unified Euopean pacifists in line and then they will have to support us if they want cheap oil.

Dam that Bill Clinton ... this is all his fault. If had not been gettin BJ's in the White House and lying about it none of this would have happened.

 

[atpcliff]

Hi!

That's EXACTLY what our government wants us to think!

If we charge the hoople-heads $2 at the pump, $1 in other, unrelated taxes, and $2 in deficit spending, we can make the cost of $5/gallon look like only $2!

That way, we can keep our big government salaries and perks, keep up the pork barrel spending for my constituents, and the hoople-heads will keep buying the gas-guzzling autos, which provides huge payouts for our fat-cat friends at the auto and oil industries.

Our #1 goal:
Keep the hoople-heads happy with cable tv and the fantasy of $2 gas at the pump.

Cliff
PNS

 

[atpcliff]

Hi!

From Business Week's Market Watch, regarding oil prices:
"In the past, there's no doubt [that the last few weeks'] numbers would have led to a sharp correction, because traders would have recognized that more oil can be produced," he said. "But now, they're saying, 'This is all they can produce, so what's going to happen in the fourth quarter when demand on a daily basis is for 3 million barrels more than the world can supply?'"

http://www.marketwatch.com/news/story.asp?column=Futures+Movers&siteid=yhoo&dist=

There is more oil in the ground now.
Can we produce enough gasoline to keep up with demand?
Will there always be oil in the ground?
If we can't produce enough gasoline to meet demand, how will we meet the demand?
Do we want our fellow citizens to be fighting Chinese troops in Asia or Africa because we don't have enough gasoline for our cars?

Cliff
PNS
PS-What do ya'll think about a military draft in 2006?

 

[doh]

ATP, a military draft won't happen! Betcha paychecks on it. Thank God I don't have V8's in the car or truck! Boat gas is expensive but if you passively fill with some gas cans it helps! I have 4 five gallon can in the back of the truck. Every time I go do errands I fill them. I don't have to buy much marina gas at all. I have a 24 foot Bayliner with 100 gallon capacity. Hope that tip helps!

 

[hr2eternity]

NOT just the dollar

A weak US dollar is a big reason for expensive oil. That needs to change befor gas and oil make a big turn towards the downside.

Not just the dollar my friend. Its our friends in the middle east--OPEC--opening and closing the faucet on the oil tap that drives the price up and down. . .you know, supply and demand. . . they close the tap, and we pay 55-60 dollars/barrel.



Trouble is, with a petroleum based economy, OPEC is in charge of the main throttle on our economy, right down to how much airfare costs and how much we're willing to spend of our disposable income.

Why do you think we're starting a slow takeover of the Middle East? That's what is you know.

 

[ultrarunner]

I don't know about the rest of you, but I drive about 23,000 miles a year. I average about 22 miles a gallon.

Quick math tells me that at current price levels I pay about 2500 bucks a year for the 1050 gallons.

Heck, if gas dropped suddenly to a buck 70, I'd pay about eighteen hundred bucks a year.

Man, that's a savings of 13 bucks a week.

That 'aint much for a $$hit load of driving.

If I drove a jappy econobox that, say, gets 40 MPG and I drove a thousand miles a month....

the difference in savings, using the same costs above, would be less than 3 bucks a week.

I think we're still getting off pretty darn cheap.

 

[FlyBoeingJets]

Well, shoot! And to think I wasted all those years trying to perfect the Gatorade-powered car.

Using this logic, if I pay 200 grand for a house, I should thank my lucky stars, because aircraft carriers cost billions.

I've been running an old Chevy pickup on Vick's Nyquil. $170/gallon. Runs a lot smoother. Gonna have to stop that!

I'm likely to sell the yacht and GV too. Don't even mention the timeshare on Mars.

 

[Falconjet]

Or my beach house on the moon.

Apologies to Jimmy Buffett.

FJ