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Are gas prices fueling your pain? - READ ONLY

10042 messages,  Last post on Jul 12, 2008 at 3:07 PM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

What is this discussion about? Fuel Efficiency (MPG)


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#8664 of 10042
Re: Just a possibility... [bpizzuti] by british_rover
Jun 11, 2008 (6:21 pm)

Replying to: bpizzuti (Jun 11, 2008 4:38 am)

That could happen but at least in India it is not.
 
Every news article I can find says that the state run oil companies are loosing millions of dollars a day with the way fuel prices are now.
 
Even with the recent increases in fuel prices they are still losing money.
 
http://www.dailytimes.com.pk/default.asp?page=2008%5C06%5C10%5Cstory_10-6-2008_p- g5_32
 
http://www.bloomberg.com/apps/news?pid=20601091&sid=aj.xKO5fCqSc&refer=india
#8665 of 10042
oh goody! by nippononly
Jun 11, 2008 (6:28 pm)
Gas is up another $0.08 at my usual place overnight, to $4.55 for regular. That is a rise of $0.18 in a single week, as it was $4.37 when I filled up last Wednesday. I think I will just amuse myself around the house this weekend, the car can just sit until Monday morning....
 
These gas prices make the whole owning-a-car thing a lot less fun.
#8666 of 10042
Re: Gas, Gas, Gas! [gagrice] by british_rover
Jun 11, 2008 (6:33 pm)

Replying to: gagrice (Jun 11, 2008 5:03 am)

As snake said 14 mph is a moderate breeze according to the scale.
http://www.stormfax.com/beaufort.htm
 
Also AVAV has gotten the wind turbines to generate power down under 12 mph using newer designs.
 
Lastly think about what happens in urban settings where the wind builds up in tight spaces hits the side of a building and then roars up to the roof. I had this happen today walking through West Hartford. I turned a corner and all of a sudden there was a good 20 plus mph wind running down the side of the street that was probably accelerating to an even higher speed when it tried to climb the building at the end of the street.
 
Early adopters of architectural wind
 
As you can see they are using them all over the country and at least one place in the UK so they work in a variety of conditions.
 
Ha what are the odds another stock I own has a set of wind turbines on one of their US buildings.
 
Rio Tinto Minerals Borax Visitors Center Boron, CA
#8667 of 10042
Re: Gas, Gas, Gas! [british_rover] by steve_ HOST
Jun 11, 2008 (6:36 pm)

Replying to: british_rover (Jun 11, 2008 6:33 pm)

This power plant gallery site is pretty entertaining. It has pics of 272 wind energy installations around the world, geo-thermal plants as well as the usual dams and coal fired power plants.
 
Power Plants Around the World
#8668 of 10042
Oil Could Hit $400 a Barrel by 2018 by avalon02wh
Jun 11, 2008 (6:37 pm)
http://www.businessweek.com/globalbiz/content/jun2008/gb20080610_688373.htm
 
This is one of those headlines I read and just wonder. Are people that delusional.
 
I am going to go outside now and see if pigs can fly.
#8669 of 10042
Re: oh goody! [nippononly] by imidazol97
Jun 11, 2008 (6:42 pm)

Replying to: nippononly (Jun 11, 2008 6:28 pm)

I'm used to large moves. You must not be used to 25 cent jumps in your area. And the graph only shows the bumps in the average price for the area. The portion that routinely has lower prices has exaggerated jumps back to the typical area price when the companies bump things up.
 
Filled up both cars at $3.94 today minus 10 cent Kroger discount.
 
San Fran in red; Dayton in blue; crude, green.
 
full size
#8670 of 10042
Re: oh goody! [imidazol97] by nippononly
Jun 11, 2008 (7:44 pm)

Replying to: imidazol97 (Jun 11, 2008 6:42 pm)

Cool chart! It shows the $0.14 here in San Francisco since a week ago. I guess my local rise being $0.18 is within the norm of that chart.
 
It also shows that while we here in SF don't see jumps or spikes in our gas price, it is also true that our price slowly but surely rises all the time, without any of the jumps down that Dayton (and crude) experience.
 
I guess I should be glad (and I do remember taking note) that for a lot of May we weren't paying much above the national average. Now we are back to our norm of $0.50 above the national average. But I know the folks in Chicago and a few other big cities are feeling our pain too.
#8673 of 10042
Re: Oil Could Hit $400 a Barrel by 2018 [avalon02wh] by bpizzuti
Jun 12, 2008 (2:34 am)

Replying to: avalon02wh (Jun 11, 2008 6:37 pm)

Remember, most of those organizations who are predicting oil futures HOLD oil futures. That means they A: want it to go up, and B: have the capability of making it go up by using their own buys and sells to tweak the market.
 
So they're not delusional. Not only are they saying it will, but they're informing you where their next major value increase is going to come from: your wallet.

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