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Started By
Message
Heard on the news $4 a gallon gas again
Posted on 1/4/11 at 12:22 pm
Posted on 1/4/11 at 12:22 pm
Is this going to last like last time or just a spike due to the drilling moratorium? Was hoping for it to go below $2, but guess I will never see that again. 
This post was edited on 1/4/11 at 12:23 pm
6
Posted on 1/4/11 at 12:30 pm to Weaver
quote:Don't give up hope. Oil is down $2.64/brl today.
Was hoping for it to go below $2, but guess I will never see that again.
Posted on 1/4/11 at 12:32 pm to LSURussian
quote:
Oil is down $2.64/brl today
This is rediculous. We should be drilling everywhere in the US so we don't have to rely on outside countries for oil, most of whom don't like us and can raise the price on a whim. I just don't understand our government.
Posted on 1/13/11 at 6:39 pm to Weaver
quote:
This is rediculous. We should be drilling everywhere in the US so we don't have to rely on outside countries for oil, most of whom don't like us and can raise the price on a whim. I just don't understand our government.
^I agree. But the hippies in California who drive Priuses won't let anyone drill there. I guess I'll rely on my Winn Dixie Fuelperks.
Posted on 1/13/11 at 8:31 pm to Hand
quote:
Falling crude-oil supplies and surging demand are likely to lead to “a severe oil crunch” within five years, according to Mamdouh G. Salameh, an independent oil economist.
As someone else said "economic forecasting only exists to make Astrology appear to be a viable pursuit." I quit paying attention after the third or forth time it was predicted we would never see $2.00 gasoline again.
Posted on 1/13/11 at 9:21 pm to Weaver
Sort of related question:
When oil was at $140 per barrel, gas was $4 per gallon.
Oil is at about $91-92 and gas is at almost $3 per gallon.
This doesn't seem proportionate. I'm sure you've figured out I don't explain very well ... I'm just thinking that the price of gas in more inflated than it should be. And NO I'm not complaining ... just thinking.
When oil was at $140 per barrel, gas was $4 per gallon.
Oil is at about $91-92 and gas is at almost $3 per gallon.
This doesn't seem proportionate. I'm sure you've figured out I don't explain very well ... I'm just thinking that the price of gas in more inflated than it should be. And NO I'm not complaining ... just thinking.
Posted on 1/13/11 at 11:10 pm to tiger91
all you have to do is buy oil stocks (xom, cvx) and you will smile when you pull up to the pump and see $4 gallon gas!!!
Posted on 1/14/11 at 8:36 am to tiger91
quote:
This doesn't seem proportionate. I'm sure you've figured out I don't explain very well ... I'm just thinking that the price of gas in more inflated than it should be. And NO I'm not complaining ... just thinking
I feel the same way. When oil tanks for they day or week, gas prices drop a couple pennies, but when they are on the up you see it jump by 20-30 cents. What gives? Futures?
Posted on 1/14/11 at 9:26 am to tigerhog
I do own stock in XOM ... but the prices I put above in my very simple mind means that for every $1 rise in oil the price of gas should go up .02. I KNOW it's not that simple ... just doesn't seem proportionate to the prices back in what was it ... 2006/07???
Posted on 1/14/11 at 1:55 pm to TigerDeBaiter
Most states have fixed taxes rather than percentage. So has rises and falls with a fixed bottom above zero.
Posted on 1/14/11 at 2:13 pm to Weaver
quote:
This is rediculous. We should be drilling everywhere in the US so we don't have to rely on outside countries for oil, most of whom don't like us and can raise the price on a whim. I just don't understand our government.
There isn't enough oil in the US to begin to cover our consumption.
Posted on 1/14/11 at 2:41 pm to tiger91
quote:
When oil was at $140 per barrel, gas was $4 per gallon.
Oil is at about $91-92 and gas is at almost $3 per gallon.
This doesn't seem proportionate.
There are other built-in costs, besides the raw materials.
Taxes.
Distribution.
Marketing.
Refinement.
Posted on 1/14/11 at 4:21 pm to TigerDeBaiter
DeBaiter, if you click so that the chart shows oil/barrel price and gas price from like 4 years ago when oil was 90$ THEN the gas price THEN is about the same as now. Thanks ... that was a neat chart.
Posted on 1/15/11 at 8:29 am to barry
Agreed, but the less we have to buy from Chavez and the middle east the better off we are.
Posted on 1/16/11 at 2:29 pm to barry
CNG, compressed natural gas.
Posted on 1/16/11 at 2:34 pm to tigerhog
quote:
all you have to do is buy oil stocks (xom, cvx) and you will smile when you pull up to the pump and see $4 gallon gas
this.
Posted on 1/16/11 at 2:39 pm to TigerDeBaiter
quote:
I feel the same way. When oil tanks for they day or week, gas prices drop a couple pennies, but when they are on the up you see it jump by 20-30 cents. What gives? Futures?
I asked someone from a local oil company distributor and he plainly put it, " it is an excuse to raise the prices." I asked him to explain. He said," When oil drops, they say the gas in their tanks was purchased at the higher price. When oil goes up, they raise the price because they have to buy the gas at a higher price." Seems unfair but it is what they do.
Posted on 1/16/11 at 2:40 pm to NELAtigers
CNG conversion costs are only high because of an old EPA licensing requirement, says Marc Raush:
“For an individual (or shop) to be licensed to do a conversion, the person must pay $10,000 per year, per engine type, per year of manufacture. So that if a conversion shop wanted to do conversions in 2009 for Camrys for the years 1995 to 2005, the shop owner would have to pay the government $100,000 in licensing fees. “
“Then, if he wanted to do conversions on the same models in 2010, he would have to pay the $100,000 again, even though they are the exact same models and engines that he has been licensed on already. And if there is more than one engine involved, i.e., a 6-cylinder and 8-cylinder, the cost would double.”
“Therefore, if a shop owner wanted to do 10 model years of Camrys and Corollas and Celicas, and well as Honda Accords and Civics, unless there were common engines being used in these five models the licensing cost (for just one engine per) would be a half million dollars, which would have to be paid again in 2010.“ Licensing fees of a few million dollars every year would certainly dissuade most shops from going into the conversion business!
“The cost of the conversion kits are actually relatively inexpensive. If there was a sensible licensing fee (or no fee) the cost for the work could be just a few hundred dollars.” “These fees are, needless to say, ridiculous and are only there to ensure that many don’t get done (thanks to the gasoline lobby).”
The nay-sayers will claim that there’s another reason many don’t get done. Those who typically poo-poo the possibility of the status quo ever changing say there’s not enough trained CNG conversion mechanics.
But how many trained auto mechanics were there when we switched from horses to horsepower? Nada. But, the demand for them created them in due time. I’ll bet there’s no shortage of mechanics that would be willing to learn conversion if it wasn’t a prohibitively expensive line of work to get into.
Anyone inclined to train for this new green - but grimy - job could contact the first community colleges teaching CNG conversions in Rio Hondo and Yuba College in California. Or the University of West Virginia; which has a great automotive program (including these conversions) that they’ve “syndicated” to other colleges around the country. There’s a good chance that this ridiculous licensing requirement could be overturned by a more proactive congress than we’ve had in some time.
That’s because this is very low hanging fruit in the fight to lower carbon and be energy independent - and without spending a dime. This is exactly what’s on the almost impossible yet Must Do List for this congress - so you could do something about this:
“For an individual (or shop) to be licensed to do a conversion, the person must pay $10,000 per year, per engine type, per year of manufacture. So that if a conversion shop wanted to do conversions in 2009 for Camrys for the years 1995 to 2005, the shop owner would have to pay the government $100,000 in licensing fees. “
“Then, if he wanted to do conversions on the same models in 2010, he would have to pay the $100,000 again, even though they are the exact same models and engines that he has been licensed on already. And if there is more than one engine involved, i.e., a 6-cylinder and 8-cylinder, the cost would double.”
“Therefore, if a shop owner wanted to do 10 model years of Camrys and Corollas and Celicas, and well as Honda Accords and Civics, unless there were common engines being used in these five models the licensing cost (for just one engine per) would be a half million dollars, which would have to be paid again in 2010.“ Licensing fees of a few million dollars every year would certainly dissuade most shops from going into the conversion business!
“The cost of the conversion kits are actually relatively inexpensive. If there was a sensible licensing fee (or no fee) the cost for the work could be just a few hundred dollars.” “These fees are, needless to say, ridiculous and are only there to ensure that many don’t get done (thanks to the gasoline lobby).”
The nay-sayers will claim that there’s another reason many don’t get done. Those who typically poo-poo the possibility of the status quo ever changing say there’s not enough trained CNG conversion mechanics.
But how many trained auto mechanics were there when we switched from horses to horsepower? Nada. But, the demand for them created them in due time. I’ll bet there’s no shortage of mechanics that would be willing to learn conversion if it wasn’t a prohibitively expensive line of work to get into.
Anyone inclined to train for this new green - but grimy - job could contact the first community colleges teaching CNG conversions in Rio Hondo and Yuba College in California. Or the University of West Virginia; which has a great automotive program (including these conversions) that they’ve “syndicated” to other colleges around the country. There’s a good chance that this ridiculous licensing requirement could be overturned by a more proactive congress than we’ve had in some time.
That’s because this is very low hanging fruit in the fight to lower carbon and be energy independent - and without spending a dime. This is exactly what’s on the almost impossible yet Must Do List for this congress - so you could do something about this:
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