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Gas prices going up like a rocket here

Discussion in 'The OT' started by invaliduser88, Mar 17, 2006.

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  1. Bogy

    Bogy Hall Of Fame

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    VICTIMS? You have got to be kidding. Victims don't end up with record profits. Victims get hurt. How are the oil companies getting hurt in the current situation? Shoot, a lot of people who post here don't even think Enron investors were victims, since nobody held a gun to their heads and made them buy the stock, and many of them were wiped out.
     
  2. Capmeister

    Capmeister Large Hairless ApeCutting Edge: ECHELON '08

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    And mostly from coal or oil burning power plants that burn much more dirty than gasoline.
     
  3. AllieVi

    AllieVi Hall Of Fame

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    Bogy,

    Unfortunately, I couldn't find a "smiley" that showed a tongue poking through a cheek...
     
  4. DonLandis

    DonLandis Hall Of Fame

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    Bogy- E85 advantages seems to be the one thing you and I agree with. But while I'd love to see the Hybrid, including plugin feature become part of the solution, I cannot for the life of me find a way to explain away the costs to implement it into the infrastructure and how to deal with the environmental impact that is currently being quashed in the press. You and I know these are two major issues that E-85 doesn't have to deal with.

    Regarding increased power consumption for plugin-- according to the Berkely report- I recall 42 terawatthours by 2025 additioanl power to support a stated 10% conversion. You know we could have 25% conversion of new cars by year 2010 if we started now! Just look how long it took to do a complete conversion to unleaded fuel. 5 years! Sorry, but until the battery cost and lifespan is resolved and the 2 fold hit to the environment, I sadly have to give a big thumbs down to hybrid.

    Also, there is some speculation that wind power could work as well but massive installations would need to be constructed to enable that capacity. It would be a simple math exercise based on the dasta from the Berkely study offering 42 Twh as a starting point. How much area would it take up? making this a requirement as opposed to Nuclear power would go along way to get my Thumbs up.
     
  5. AllieVi

    AllieVi Hall Of Fame

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    Those battery concerns may eventually steer people away from hybrids. The technology is so new that few hybrids have had to replace batteries and the cost isn't well-known. When people become aware of the price, I expect hybrids won't be in such strong demand.

    There may even be a double-whammy. The hybrids cost more than standard, but the resale may be lower due to the increased maintenance costs, particularly as the vehicle ages.
     
  6. RayChuang1654

    RayChuang1654 Cool Member

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    This is why this vehicle may be a better option:

    2007 Honda Fit

    [​IMG]

    It's not the most beautiful car but testers have reported getting around 35 mpg in overall driving, surprisingly good handling and an amazing amount of interior space despite its small external physical size. :allthumbs
     
  7. Bogy

    Bogy Hall Of Fame

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    Wheww. For a minute there I thought you had lost your mind. Glad to hear it was just a smiley deficiency. :lol:
     
  8. Bogy

    Bogy Hall Of Fame

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    One of the nice things about the wind farms here in Iowa is that the impact of the land they take up is not that significant. There are several large farms near me, and the farmers continue to grow corn around the towers. Here are a few pics.
    [​IMG]
    [​IMG]
     
  9. jonstad

    jonstad Hall Of Fame

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    Back to prices-

    My island is $2.61 today that's up about 30 cents in the last 2-3 weeks. Diesel, which I have recently switched to was $2.55 and has now gone to $3.01.:mad:

    Prices on Oahu and Maui are usually 30-40 cents less than here.
     
  10. Richard King

    Richard King Hall Of Fame

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    $2.81 to $2.93 for regular yesterday. Up about a dime in two days.

    Jonstad, don't you mean $3.61? If it's $2.61 I may move to Hawaii.
     
  11. DonLandis

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    Jonstad- Yes, your island may be a buck below what is being reported in the news for Hawaii.

    Also, Diesel is now cheaper than Regular here in Jax as that is a good thing. 2.85 for regular and 2.53 for Diesel. Remember that diesel cost directly affects shipping costs of all goods sold and therefore has an immediate effect on everything. This is true for both trucks and rail! When Diesel skyrockets look at cost of everything including electricity and heating bills too, not that that matters as we enter the summer months but you can predict for next winter.
     
  12. AllieVi

    AllieVi Hall Of Fame

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    Oil traded over $74/bbl today on the New York exchange. That's a couple dollars higher than the prior record last year and there's no reason to expect it will get significantly cheaper any time soon.
     
  13. jonstad

    jonstad Hall Of Fame

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    Diesel is generally cheaper on the bigger islands. But only one station here sells road diesel and that exclusivity has allowed them to charge whatever they want. I miss-reported the price in my other post,(I was looking way down the street and my eyes ain't what they used to be):alterhase: The price of diesel is now $3.65, up from $3.55. But gasoline has risen from $3.35 to $3.71. Hawaii does have the new law in place to mandate prices based on wholesale prices. I suspect someone may have complained to the state on the inordinately high diesel prices here and that is why gasoline has finally caught up.

    OK, with that explained, let's get to the heart of the matter.

    To a great extent these high prices are George Bush's fault. All this stink with Iran has got them talking about reducing production or holding back supplies to retaliate for the sanctions that are being bandied about. And of course any "air strikes" or an invasion are bound to put a crimp in the pipeline. All this has got the market nervous, hence the record wholsale prices. Additionally, the glut of oil from Iraq that was supposed to lower the per barrel price and "pay for the war":lol: never materialized either.
     
  14. Mark Holtz

    Mark Holtz Day Sleeper DBSTalk Club

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    From SF Gate:

    Return of the $3 gallon
    Gas prices jump 4 cents in S.F. overnight
    FULL ARTICLE HERE

    From Sacramento Bee:

    Average gas price tops $3 a gallon statewide
    FULL ARTICLE HERE
     
  15. JohnGfun

    JohnGfun Hall Of Fame DBSTalk Gold Club

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    It is $3.09 for Regular Unleaded Here! Unbelievable!
     
  16. dodge boy

    dodge boy R.I.P. Chris Henry

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    But doesn't California use a special blend of gas? I wonder if leaded gas would be cheaper? Maybe we should switch back.
     
  17. Mark Holtz

    Mark Holtz Day Sleeper DBSTalk Club

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    From MSNBC:

    Iran's leader hails rising oil prices
    FULL ARTICLE HERE

    High oil prices could be here to stay
    FULL ARTICLE HERE
     
  18. ntexasdude

    ntexasdude Hall Of Fame

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    Saw on the news this morning super unleaded was $4.50 in Queens, NY.:eek2:
     
  19. DonLandis

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    E-85 The only answer for the near future. IT IS the road to oil independence.
     
  20. steelhorse

    steelhorse Legend

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    I doubt we can grow enough corn to make eonugh to replace the amount of oil we use. I also doubt that everyone wants to replace their current vehicles with ones made to run on E85.
     
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