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How does gas at $4 and higher impact you?

2183 messages,  Last post on Nov 21, 2009 at 5:13 PM

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What is this discussion about? Gasoline, Fuel Efficiency (MPG)


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#2134 of 2183
Re: A few data points... [andre1969] by nippononly
Aug 18, 2009 (7:02 am)
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Replying to: andre1969 (Aug 18, 2009 5:36 am)

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 (at around $3/gallon). If the report above is true, we can expect a big drop in prices in about four weeks. But if prices stayed around $3 this summer, with falling consumption, high inventories, epic unemployment, and a raging recession, I would expect to see $4 again as soon as next summer....
#2135 of 2183
nippon by michaell
Aug 18, 2009 (11:40 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.
#2136 of 2183
Re: nippon [michaell] by nippononly
Aug 18, 2009 (3:59 pm)
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Replying to: michaell (Aug 18, 2009 11:40 am)

Yeah, sounds about right, I take 47-state gas prices and add $0.50-0.75 to get NorCal prices usually....
 
Needless to say, they have it as bad as us or worse in Hawaii and Alaska, especially Honolulu.
#2137 of 2183
Drill, Baby, Drill in Brazil by gagrice
Aug 20, 2009 (10:48 am)
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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.
#2138 of 2183
Re: Drill, Baby, Drill in Brazil [gagrice] by boaz47
Aug 20, 2009 (2:40 pm)
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Replying to: gagrice (Aug 20, 2009 10:48 am)

Almost makes you laugh doesn't it?
 
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.
#2139 of 2183
Looks like gas may go under $2 again by gagrice
Oct 12, 2009 (4:48 am)
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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?
#2140 of 2183
Re: Looks like gas may go under $2 again [gagrice] by nippononly
Oct 12, 2009 (6:47 am)
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Replying to: gagrice (Oct 12, 2009 4:48 am)

Ummm, gagrice? It sure looks like they are talking about natural gas there, as in the stuff that heats our homes, not the stuff that powers cars (except the Civic GX).
 
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).
#2141 of 2183
Re: Looks like gas may go under $2 again [gagrice] by larsb
Oct 12, 2009 (6:59 am)
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Replying to: gagrice (Oct 12, 2009 4:48 am)

gagrice said, "Anyone sorry they dumped their SUV for an econobox?"
 
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?
#2142 of 2183
Re: Looks like gas may go under $2 again [gagrice] by andre1969
Oct 12, 2009 (7:55 am)
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Replying to: gagrice (Oct 12, 2009 4:48 am)

Anyone sorry they dumped their SUV for an econobox?
 
I didn't do anything like that, but now that gas has gotten "cheap" again, I've made some not-exactly-economical choices. I drove up to PA last weekend for a car show, and again just this past Saturday. Normally, I'll drive my Intrepid, which can get 30 mpg on the highway without too much trouble. On a few occasions, I drove my uncle's '03 Corolla, but it's just too much of a torture-chamber econobox (sorry Larsb ) for my tastes. And it's not really all that much more economical than my Intrepid. The one time I checked its fuel economy, I got 37.4 mpg. Sounds pretty good...until I mention that my Intrepid got around 32 on the same trip, same type of driving.
 
Well, this past Saturday, I drove my '79 NY'er 5th Ave, and last weekend I drove my '76 LeMans. The LeMans got about 16.6 mpg. Haven't filled up the NYer yet, but it went about 230 miles round trip, and the gas gauge is still showing about half-full, so it might have done as well as 20.
 
However, I didn't drive these guzzlers just to waste fuel. I had a lot of work put into the LeMans a couple months back, and haven't had a chance to take it on a good, long drive, so I thought this would be a good opportunity to test it out. And before Saturday, my poor, neglected NYer had only been driven about 39 miles, over the course of 3 months. So I figured it needed a good run to blow the cobwebs out.
 
So hopefully that reasoning gets me a pass from the tree huggers.
#2143 of 2183
Re: Looks like gas may go under $2 again [nippononly] by kernick
Oct 12, 2009 (9:23 am)
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Replying to: nippononly (Oct 12, 2009 6:47 am)

Yes but there are many people who don't have access to natural gas to heat their homes, as there can be shortages. By increasing the supply of natural gas, it may become more probable that the natural gas companies will increase the supply-pipes and the supply of natural gas.
 
Then we could convert the many millions of home-owners who use oil for heating to natural gas. (My new hybrid oil system is used not just for heat, but heating my water before it is stored in a water-tank). That heating oil could then be used as diesel, or to produce gasoline; increasing the supplies of automotive fuels.

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