I notice it's quite alright to insult people here and myself that have worked in the energy sector.
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Petrol prices
- Thread starter 650Skull
- Start date
Instead of informing me that there is no price gouging because of your expertise in the energy sector. Your informing me I am insulting people and yourself.
I apologize to all of those people and to yourself for being so rude
I will also apologise to all of my former work mates from my days working oil rigs.
How is asking if price gouging is causing the spike rude to people in the energy sector? Whether you were in the field or a high level executive I can almost guarantee someone higher up than you would make the decision on market prices. People experiencing the price rise would call it price gouging, anybody benefiting from it says "that's capitalism baby. Free market, supply and demand". It was a simple question on a thread dedicated to rising oil prices. Try not to feel so targeted, and if you do, perhaps that's something you should look inwards about.
Anyways, back on topic, heating oil near me came down 35 cents/gallon today. Haven't gotten out of the house yet but I doubt the pump prices went that direction unfortunately. Also, regarding the varying prices, I have noticed that here in North Eastern US (New England), is always higher than say the southern states or even heading mid west. California is the land of high prices, but somebody on the Ducati page said they recently paid $5.99/ gallon and another paid $6.30/gallon in Sacramento
On the road in the van 18 mpg over 1300 miles now just wandering around getting 21mpg. Price rose from 3.25 when I filled knowing it was headed up up up to 4.25 Thursday. Been in campground since so haven't seen price last couple days but thought crude plateaued.
Inflation economics: you can't stay in business if you sell current product for less than it will cost you to replace it. Oil fields in the pan handles and new mexico looked REAL busy, pumps running roads full of oil field service trucks. Ramping up production is not an overnight event. I think high fuel prices are over all a good thing. Know that's not a popular opinion.
Picture from the new mexico desert yesterday morning. Snow all gone now.
Inflation economics: you can't stay in business if you sell current product for less than it will cost you to replace it. Oil fields in the pan handles and new mexico looked REAL busy, pumps running roads full of oil field service trucks. Ramping up production is not an overnight event. I think high fuel prices are over all a good thing. Know that's not a popular opinion.
Picture from the new mexico desert yesterday morning. Snow all gone now.
Attachments
Cheap energy benefits everyone including women, children and minorities.
Hey! We are temporarily neighbors! What part of New Mexico are you in?
I paid $5.50 per gallon for mid grade gas for my XS2 when I went riding a few days ago. Yikes!
I like the way you boys are shocked at price per gallon. UK prices have gone mental, out on Thursday I saw Shell diesel at
£1.97 per litre.
North sea oil was a promise for cheap fuel and gas. What happened?
Smoke and mirrors.
£1.97 per litre.
North sea oil was a promise for cheap fuel and gas. What happened?
Smoke and mirrors.
Not sure if you’re referencing a bicycle or motorcycle, but last time prices were this high I was commuting several hundred miles per week and I was seriously considering a Zero electric motorcycle. Until I did the math in cost of the bike versus fuel savings and it didn’t work out.
Edit: I should note our only vehicles are two small compact cars that are pretty fuel efficient.
The added cost of an electric car can’t be justified with fuel savings. We looked at a Toyota hybrid and we would only save about $200 a year in fuel costs. Iirc the cost to go hybrid was around $3500.
I also went and test drove a Prius, the first year they came out, I was mostly impressed, however that first model year could only run the air conditioning if the engine was running and considering where I live, I use the air conditioning most of the year, that didn’t work for me. I also worked the math out on that one and came to the conclusion that the gas savings vs higher vehicle cost meant it would take ten years for the gas savings to pay for the extra cost of the Prius.
I should note that in later models they made the air conditioner electrically operated so the engine didn’t have to be running to use it.
Yesterday 87 was $2.09/litre here in Victoria. I think the Chevron 94 will be about $2.35/litre for the TX. My F150 has a big tank and the prepaid pump maxed out at $200.00 and didn't fill it all the way. I am glad I don't have a power boat anymore too, but I still have a canoe 
Quick math. Regular 87 gas here now at $2.10/litre: This = $7.95 CAD/US gallon, about $6.30 USD / US gallon. We will see a lot more bicycles on the road this summer.
Quick math. Regular 87 gas here now at $2.10/litre: This = $7.95 CAD/US gallon, about $6.30 USD / US gallon. We will see a lot more bicycles on the road this summer.
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When I lived in Idaho I had a 24' tunnel hull with a 427 chevy and Panther Jet drive. On each side of the hull sat a 50gal tank. We'd drain 'em on a weekend campout. Glad I don't have that to fill anymore.
Sparkyduc
XS650 Addict
The oil comes from Texas and Oklahoma but the dipsticks are in Washington
Also another cost that's hard to compute is down time. I can go straight to deliverance type backwoods and find a station to fill up, on a fully electric vehicle your trip needs to be thoroughly planned out. Takes not even 5 min to fill a vehicle with gas, and now to figure how long it's going to take to charge at the station and add that to trip time. If I lived in a major city or more urban area they make more sense, but as an everyday replacement there's a lot to consider. Electric motorcycles are a hard pass until they develop more miles per charge. Electric bicycles are pretty cool though, but again, only if you live in an easy to commute area. My uncle had one and it was sweet. With my petite 265 on it, it could still boogie down the street. How fast? Faster than I can pedal that's for sure. It didn't work that great up hills purely Electric, but did have an assist function to make pedaling uphill easier. I believe he paid ~$600 and definitely worth it if you live in the area for it
yellowdog
yellowdog
£1.72 pence a litre in most of uk for diesel today
Four days ago 98 was $4.95 per litre in Auckland, New Zealand.
$5.07/gallon for premium unleaded today. It was $4.05/gallon last Saturday.
Referencing a bicycle. Don't want to pay another registration fee.
A reasonable quality 250 watt bike can be got for around $1000-$1200. Cheaper ones out there but the reviews aren't to flash. My work job isn't to far from me and using the ute is costing me $40.00 per week and rising. Don't want to use the DL650.
With the cost of fuel rising it has to make electric cars more cost effective. The gamble is/how long/if ever, fuel will return to the prices of 6 months ago or is this now the norm?
Here in the Land of 10000 Taxes... every station has hit $3.99.. and I expect it'll go painfully higher. I'm not a fan of Slow Joe... blame'n the problems across the pond as the only reason for watch'n the numbers on the pump spin faster then the numbers on the one armed bandits at the casinos... Really Joe...
Next month myself and bud plan on attend'n the Lonestar Roundup in Austin Tx. (think, Mapquest said 17 hours one way) Are we go'n to allow the price of gas prevent us.... Nope !
Next month myself and bud plan on attend'n the Lonestar Roundup in Austin Tx. (think, Mapquest said 17 hours one way) Are we go'n to allow the price of gas prevent us.... Nope !
