i smell 4 bucks per gallon..., top off your tanks now. |
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i smell 4 bucks per gallon..., top off your tanks now. |
lotus_65 |
Aug 7 2006, 05:16 AM
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#1
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Senior Member Group: Members Posts: 1,608 Joined: 21-March 05 From: minneapolis, mn Member No.: 3,795 Region Association: Northstar Region |
prudhoe bay shutdown
... another great excuse to (IMG:style_emoticons/default/sheeplove.gif) the consumers... |
STL914 |
Aug 7 2006, 05:42 AM
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#2
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Senior Member Group: Members Posts: 1,180 Joined: 22-October 03 From: O'Fallon, MO Member No.: 1,271 Region Association: Upper MidWest |
Last week, gas prices jumped $.35 over night to $3.19/gal, but only a few stations
made the leap. Several stayed at $2.86 and by noon, the price settled to $3.07. They must have got their wires crossed and thought the Alaskan facility was going down last week. |
swl |
Aug 7 2006, 06:41 AM
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#3
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Senior Member Group: Members Posts: 1,409 Joined: 7-August 05 From: Kingston,On,Canada Member No.: 4,550 Region Association: Canada |
In Canada we have always had higher gas prices than the US because of taxes. But on my trip down east (New Brunswick and Nova Scotia) I was seeing $1.20/litre. A litre is almost exactly a US quart so you can call it $4.80Cdn/gallon. Currency exchange brings that to about $4.10/gallon.
The kicker? New Brunswick gov't recently stepped in to regulate gas prices. They wanted to stop the wild swings in gas prices. The result - they get screwed all the time rather than just some of the time. Got back to Ontario and the prices were fluctuating between $1.00 and $1.10 Somehow I don't think this is ever going to get better. In five years we will be looking at $1.00/litre and laughing that gas was ever that cheap. |
LongARM |
Aug 7 2006, 07:01 AM
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#4
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it's better to burn-out , then it is to rust Group: Members Posts: 222 Joined: 6-March 05 From: Kingston Ontario Canada Member No.: 3,720 |
i paid $1.31(CDN) for Sunoco 94 octane, just because it was hot outside(Thats what the clerk said)..........
(IMG:style_emoticons/default/sheeplove.gif) |
IanStott |
Aug 7 2006, 07:25 AM
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#5
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Member Group: Members Posts: 226 Joined: 13-June 04 From: Moncton,New Brunswick,Canada Member No.: 2,199 |
We are only now paying what I paid in the late seventies in Germany, Italy was even more. The days of cheap gas are gone and will never return, fortunately I happen to have economical cars that still perform very well. After looking at Jakes latest results for fuel economy we should all be lining up to protect him from being gobbled up by some big corporation!!
Ian Stott Moncton PS. Price regulation by the government is stupid, it is ineffective plus it adds to the price due to admin. costs. I really get ticked off when well meaning people try to mess with a free market, 99 percent of the time they only make it worse. I guess it helps them get elected. I am now paying $1.30 litre for high test, which is only 91 octane here. BY the way a US gallon is 4 litre's, a Canadian or Imperial gallon is 4.55 litre's. |
swl |
Aug 7 2006, 07:27 AM
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#6
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Senior Member Group: Members Posts: 1,409 Joined: 7-August 05 From: Kingston,On,Canada Member No.: 4,550 Region Association: Canada |
OUCH!
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davep |
Aug 7 2006, 08:13 AM
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#7
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914 Historian Group: Benefactors Posts: 5,138 Joined: 13-October 03 From: Burford, ON, N0E 1A0 Member No.: 1,244 Region Association: Canada |
A fellow on another list says the price of gas in southern England was the equivalent of $2.25 Canadian per liter, so double what we are paying. Strangely enough, his handle is Lotus 15.
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PRS914-6 |
Aug 7 2006, 08:52 AM
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#8
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Excellence Magazine Project 914 3.6 Group: Retired Members Posts: 1,278 Joined: 20-May 06 From: Central California Member No.: 6,031 Region Association: None |
I'm sure I'll get flamed for this but I think we as Americans have had it easy for a long time. The rest of the world has been paying double what we have for years. There is a very easy way to get gas prices to drop. Stop driving big SUV's and gas guzzling cars. If we all did, there would be such a glut of gas, the prices would drop like a rock (for the entire world economy)
When I drive down a California freeway and every other vehicle is an extended cab pickup or a Ford Expedition, I do not have pity for us. We chose to live this way and I won't blame the oil companies for making money. It's simply supply and demand and profit. Personally, I don't want to pay either, but $4-$5.00 a gallon would solve the problem. People would finally start driving economical cars, gas usage would drop, fuel inventories would go up and prices would fall. Take a trip to Europe, 90% drive small economical cars and lot's of motorcycles. Here, eonomical is a small SUV and a full dress Harley Davidson. The solution is ours, we just don't want to give up the luxury...........We never will until we are forced to........ |
cooltimes |
Aug 7 2006, 09:23 AM
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#9
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Advanced Member Group: Members Posts: 2,508 Joined: 18-May 04 Member No.: 2,081 Region Association: None |
I don't think it matters what we drive based on fuel prices in the historical past of Europeans who traditionally have always driven smaller and more economically pruden cars. Strange as it seems, most cars where price of fuel is extremely high to begin with are the ones that are very economical and the government has tacked on high taxes to overcome the lack of taxable fuel burned. Go Figure.
It's just a matter of who controls the oil per barrel market and we all are seeing exactly who that is without going into the politics we dunk our heads into the sand about in this particular arena of car buffs. Not a place to discuss until the damage is done and well entrenched seems silly since this is also a part of owning a 914. If anyone thinks this post is political, speak up. I will delete the post. MikeCool I'm sure I'll get flamed for this but I think we as Americans have had it easy for a long time. The rest of the world has been paying double what we have for years. There is a very easy way to get gas prices to drop. Stop driving big SUV's and gas guzzling cars. If we all did, there would be such a glut of gas, the prices would drop like a rock (for the entire world economy) When I drive down a California freeway and every other vehicle is an extended cab pickup or a Ford Expedition, I do not have pity for us. We chose to live this way and I won't blame the oil companies for making money. It's simply supply and demand and profit. Personally, I don't want to pay either, but $4-$5.00 a gallon would solve the problem. People would finally start driving economical cars, gas usage would drop, fuel inventories would go up and prices would fall. Take a trip to Europe, 90% drive small economical cars and lot's of motorcycles. Here, eonomical is a small SUV and a full dress Harley Davidson. The solution is ours, we just don't want to give up the luxury...........We never will until we are forced to........ |
Mueller |
Aug 7 2006, 09:28 AM
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#10
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914 Freak! Group: Members Posts: 17,146 Joined: 4-January 03 From: Antioch, CA Member No.: 87 Region Association: None |
I'm sure I'll get flamed for this but I think we as Americans have had it easy for a long time. The rest of the world has been paying double what we have for years. There is a very easy way to get gas prices to drop. Stop driving big SUV's and gas guzzling cars. If we all did, there would be such a glut of gas, the prices would drop like a rock (for the entire world economy) When I drive down a California freeway and every other vehicle is an extended cab pickup or a Ford Expedition, I do not have pity for us. We chose to live this way and I won't blame the oil companies for making money. It's simply supply and demand and profit. Personally, I don't want to pay either, but $4-$5.00 a gallon would solve the problem. People would finally start driving economical cars, gas usage would drop, fuel inventories would go up and prices would fall. Take a trip to Europe, 90% drive small economical cars and lot's of motorcycles. Here, eonomical is a small SUV and a full dress Harley Davidson. The solution is ours, we just don't want to give up the luxury...........We never will until we are forced to........ and companies like GM has not helped at all....they should be ashamed of thier $1.99 gas deal on vehicles like the H2 with unlimited miles during the offer (why don't they just come out and say it public "Screw the limited oil supply, just buy a GM vehicle cause we need the money right now" |
Bigbohr |
Aug 7 2006, 10:44 AM
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#11
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Superlurker Group: Members Posts: 224 Joined: 19-September 03 From: Houston, TX Member No.: 1,176 |
Crap, you all make me feel bad now working on my 914 V8 project.
Maybe I should switch to a 914 Hybrid version ... where shall I put the battery packs? (IMG:style_emoticons/default/biggrin.gif) |
Bigbohr |
Aug 7 2006, 10:59 AM
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#12
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Superlurker Group: Members Posts: 224 Joined: 19-September 03 From: Houston, TX Member No.: 1,176 |
Besides the disruptions, what worries me too is the rising price of developing oil & gas fields ... and we need to do that continuously. The big rigs used to develop big offshore fields are now $500,000/day, up from about $150,000/day 2 years ago. And the rest of the prices follows the same trend. Drilling on these deep offshore fields costs about $750,000/day now. I'm sure this won't make you feel sorry for the oil companies and that's not the point here. The problem is that most of them still do their economics based on lower oil prices (like $35-45 per barrel). So right now all companies are trying to increase their production by buying other companies (they all have wads of cash anyway). That doesn't increase the total output though.
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tdgray |
Aug 7 2006, 11:03 AM
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#13
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Thank God Nemo is not here to see this Group: Members Posts: 9,705 Joined: 5-August 03 From: Akron, OH Member No.: 984 Region Association: None |
Mike(Cool)... I don't think that was political at all. Keep it there.
One thing though. When comparing US to Euro (or Canada) you have to keep in mind that approx 66% of the price is taxes. Back that out and the cost is comparable to US prices. Second thing. Oil is a commodity. Therefore it is subject to price speculation, influence etc. In recent financial times, it has become a haven for banks and investment houses to mitigate the effect of the underperformance of large cap stocks. Basically making the price more artificial than before. We all pay for this. Lastly, what PRS stated is true and right on the money. Until we stop purchasing the gas guzzlers and demand that the car companies make fuel efficient cars, not hybrids or EV's, real fuel efficient cars we have only ourselves to blame. Although I will not put myself in that category. I have always driven small fuel efficient cars and always will. I don't see wasting money on those stupid oversized station wagons. Vote with your dollars people, save the speeches. |
smontanaro |
Aug 7 2006, 11:05 AM
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#14
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Senior Member Group: Members Posts: 1,190 Joined: 3-June 05 From: Evanston, IL Member No.: 4,197 Region Association: Upper MidWest |
There was a very interesting special report in the 7/29 Chicago Tribune:
http://www.chicagotribune.com/news/special...1&cset=true Skip |
Chris Pincetich |
Aug 7 2006, 11:07 AM
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#15
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B-) Group: Members Posts: 2,082 Joined: 3-October 05 From: Point Reyes Station, CA Member No.: 4,907 Region Association: Northern California |
After looking at Jakes latest results for fuel economy we should all be lining up to protect him from being gobbled up by some big corporation!! Ian Stott Moncton What are Jakes latest results for fuel econonomy? Jake Raby? Please explain! I am pretty close to starting a thread asking about modifications and tuning to achieve 40+ mpg with a 1.7. I know Joe Sharp has claimed 49 mpg with a teener. I think a few simple aero mods, larger diam tires, timing adjust, and other tweaks (what are they?) could really help. SUVs suck for daily drivers! Small sports cars rule! (IMG:style_emoticons/default/beerchug.gif) |
smontanaro |
Aug 7 2006, 11:16 AM
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#16
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Senior Member Group: Members Posts: 1,190 Joined: 3-June 05 From: Evanston, IL Member No.: 4,197 Region Association: Upper MidWest |
I know Joe Sharp has claimed 49 mpg with a teener. I think a few simple aero mods, larger diam tires, timing adjust, and other tweaks ... If you change the diameter of your tires you'll either need to recalibrate your odometer or use some external source for measuring mileage... Skip |
Randal |
Aug 7 2006, 11:31 AM
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#17
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Advanced Member Group: Members Posts: 4,446 Joined: 29-May 03 From: Los Altos, CA Member No.: 750 |
prudhoe bay shutdown ... another great excuse to (IMG:style_emoticons/default/sheeplove.gif) the consumers... Maybe not in the pure classic sense, but certainty in reality, the oil market is operating like a monopoly. If the US government threatened to break up the oil companies, like they did telecommunications years ago, what do you think would happen to the price of gas? |
Jake Raby |
Aug 7 2006, 11:43 AM
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#18
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Engine Surgeon Group: Members Posts: 9,394 Joined: 31-August 03 From: Lost Member No.: 1,095 Region Association: South East States |
QUOTE What are Jakes latest results for fuel econonomy? Jake Raby? Please explain! I have been able to squeeze 38 average out of the 912E with a recent tune up, and it has 100K miles on it. At times I have gotten over 40 MPG out of it before when it had lower miles. I can say that drianing out the 21,000 mile oil (went that far on one oil change) was good for a solid 5 MPG! Before i spent a solid day servicing it I was down to 27 MPG at best, but it had been neglected since 2003 with hardly anything done to it... This week I am finishing my wiife's "Super 2 Liter+" for her beetle vert... The first one did so well that I decided to boost this one and see what we could get mileage wise under nomal driving conditions with a female driver and about 200 ponies.. I have been witholding many of my results with the "Super 2 Liter" project engines simply because most of them have been unbelievable thus far. A local TV station in Atlanta got word of it and has been on my ass to do an interview, but I could care less... I am working to decrease the cost of these higher MPG engines, right now they are the most expensive thing in my line up, even more than a sub 2.8L engine- |
Jake Raby |
Aug 7 2006, 11:44 AM
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#19
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Engine Surgeon Group: Members Posts: 9,394 Joined: 31-August 03 From: Lost Member No.: 1,095 Region Association: South East States |
QUOTE What are Jakes latest results for fuel econonomy? Jake Raby? Please explain! I have been able to squeeze 38 average out of the 912E with a recent tune up, and it has 100K miles on it. At times I have gotten over 40 MPG out of it before when it had lower miles. I can say that drianing out the 21,000 mile oil (went that far on one oil change) was good for a solid 5 MPG! Before i spent a solid day servicing it I was down to 27 MPG at best, but it had been neglected since 2003 with hardly anything done to it... This week I am finishing my wiife's "Super 2 Liter+" for her beetle vert... The first one did so well that I decided to boost this one and see what we could get mileage wise under nomal driving conditions with a female driver and about 200 ponies.. I have been witholding many of my results with the "Super 2 Liter" project engines simply because most of them have been unbelievable thus far. A local TV station in Atlanta got word of it and has been on my ass to do an interview, but I could care less... I am working to decrease the cost of these higher MPG engines, right now they are the most expensive thing in my line up, even more than a sub 2.8L engine- |
turboman808 |
Aug 7 2006, 11:49 AM
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#20
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Advanced Member Group: Members Posts: 2,718 Joined: 31-January 06 From: North Jersey Member No.: 5,505 Region Association: North East States |
Great!!! Get off my roads (IMG:style_emoticons/default/biggrin.gif)
Actualy I kinda came to my senses and will probably lease a new scion xa soon. Sick of having to work on cars all the time and hey the mileage in the xa isn't bad. Cheap transport. I really want a VW lupo but they don't sell it here. (IMG:style_emoticons/default/confused24.gif) |
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