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Automotive News & Views How does gas at $4 and higher impact you?
2183 messages, Last post on Nov 21, 2009 at 5:13 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: fintail (Aug 17, 2009 3:37 pm) |
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I filled up my '76 LeMans on Sunday, and 93 octane was still around $2.899. Filled up the Intrepid last night, with 87 octane, for $2.539. So, the prices are holding at least, and not creeping up like they had been.
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Replying to: andre1969 (Aug 18, 2009 5:36 am) |
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Gas jumped up $0.20/gallon a few weeks back for no apparent reason, and has now been holding steady for over a week in my area That happened here in Colorado as well - the only difference is that it started out at $2.19/gal and is now around $2.45/gal at my local station.
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Replying to: michaell (Aug 18, 2009 11:40 am) Needless to say, they have it as bad as us or worse in Hawaii and Alaska, especially Honolulu. |
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Energy: We didn't hear the administration crow about it, but Brazil is about to get $10 billion from U.S. taxpayers to develop its offshore oil reserves. It's not a bad idea, but something's still wrong with the big picture. Given how many ratholes our government could pour its money down -- wind farms, switch grass -- it's good to learn some cash is going toward something productive. Last week, Spain's news wire reported that the U.S. Eximbank is raising its stake in Brazil's rich offshore oil fields to as much as $10 billion, from an initial $2 billion. We should get it back IF they make money on the project. It does seem strange that we will subsidize drilling off the coast of Brazil and not the coast of CA or FL.
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Replying to: gagrice (Aug 20, 2009 10:48 am) Didn’t his Highness the president say we were going to reduce our dependence on foreign Oil? Isn’t Brazil foreign? Or will we invade and take over the oil fields? This sounds a bit like the “not in our back yard” argument. If off shore drilling was bad what difference would the shore we were drilling off of make? Smoke and mirrors and political trickery. And best yet we the American tax payer once again get the fuzzy end of the sucker. Aren’t we going to have a cash for clunker Lear jets yet? If we use less gas the prices go up. If we use more gas the prices go up so just what difference does it make if we drive econo boxes or Luxo barges? No matter what they stick it to us. The excuse for high prices before was limited supply, turned out to be fertilizer. The excuse now will be over supply and decreased usage? Smells like more fertilizer. |
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Energy crisis is postponed as new gas rescues the world Engineers have performed their magic once again. The world is not going to run short of energy as soon as feared. America is not going to bleed its wealth importing fuel. Russia's grip on Europe's gas will weaken. Improvident Britain may avoid paralysing blackouts by mid-decade after all. The World Gas Conference in Buenos Aires last week was one of those events that shatter assumptions. Advances in technology for extracting gas from shale and methane beds have quickened dramatically, altering the global balance of energy faster than almost anybody expected. Tony Hayward, BP's chief executive, said proven natural gas reserves around the world have risen to 1.2 trillion barrels of oil equivalent, enough for 60 years' supply – and rising fast. "There has been a revolution in the gas fields of North America. Reserve estimates are rising sharply as technology unlocks unconventional resources," he said. This is almost unknown to the public, despite the efforts of Nick Grealy at "No Hot Air" who has been arguing for some time that Britain's shale reserves could replace declining North Sea output. Rune Bjornson from Norway's StatoilHydro said exploitable reserves are much greater than supposed just three years ago and may meet global gas needs for generations. More good news Anyone sorry they dumped their SUV for an econobox?
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Replying to: gagrice (Oct 12, 2009 4:48 am) Gasoline, the stuff refined from oil, has dropped a whole nickel since its summer peak in my area, and now that we are officially at mid-October, I am a little miffed that it hasn't dropped below $3/gallon again (although it is close). |
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Replying to: gagrice (Oct 12, 2009 4:48 am) Let's hope not. That was a good move, regardless. And Gary, "econobox" is really an outdated term. There are no "econoboxes" sold in the USA any more. Even the smallest of cars are safety tested and are not on the road "solely with economy in mind, with all other aspects being ignored, including lack of any luxury items" which is a good definition of "econobox." Most people today are too spoiled to buy a "completely no-frills" vehicle. Those cars are usually sold to frugal parents wanting to get their kids a "new first car" but not willing to spend a load of cash on it. I'm willing to bet there are very few people out there who traded a luxury-appointed SUV for a low-end, no options car merely for the sake of saving gas money. Plus, there is a separate topic for that: Are you happy you didn't sell your SUV?
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