Gas Prices

[krimsonviper]

Why did you have to trade in the GTR? Lol, what kind of things are you trying to achieve in life? Monkhood?

Paid a little over $4 a gallon today for premium at Chevron.
Still won't make me remove my turbo though.

One day, I too, will say this.

[nissangirl74]

From douche-nozel who sold his GT-R: "I working on buying a new 4,500sf home which I think I'll enjoy more than the GTR, and hopefully it will retain it's value better."

Guess he's a little behind on that whole real estate debacle, huh?

[RCA]

I can't help but wonder how much of that 40 cents makes its way back to a middle eastern oil company, or if it all stays here to pad the locals' pockets

Commodities like oil are traded and there are commodity brokers that profit, outside of that I would say it goes to whom ever is producing the oil that is being sold.

Commodity prices have been steadily climbing in the past year but everything has taken off in the last six months. Oil is actually one of the last to skyrocket.

Sugar and cotton have more than doubled since mid 2008. Most metals are well past their 2008 highs. But the biggest impact to consumers is food prices. Beef is 40% higher than its 2008 peak.

I just started a job at Dept of Energy. There is so much going on that affects crude prices. We watched prices rise after the rumor of a strike at Suez Canal. The strike hadnt even been confirmed and futures will trading higher. Many believe its the speculation that causes crazy rises of crude prices. OPEC (aka Saudi Arabia) says it wont increase output simply to restrain prices, but they have been producing above their quota since the end of 2010, well before the North Africa/SW Asia political crises. They have recognized that $130/barrel oil is not good for business. I'm sure they can figure an elasticity of demand and isolate the point where further price increases lead to decreased revenue.

The most popular answer: blame China!

This ^

Hannibal, doesn't political instability also have a huge affect on current oil prices?

[Jesda]

This tells us two things:
1: He's a moron.
2: He buys cars based on image, not real world benefits. He wants to LOOK frugal more than he wants to BE frugal.

Those two things, combined with his comment about getting married soon, tells us the key third thing:
He's whipped.

Yes, yes, and yes.

[S13_love]

oh dear God.

http://priuschat.com/forums/newbie-foru ... prius.html

"Good to hear your extreme choice is helping the environment! I also just pulled the plates off my 435hp Supra and bought an '04 Prius."

[wannaslide]

normal unleaded , today was $1.41L and 98 was $1.55L and it gets higher some days , i only fill up once a week so i dont really keep an eye on the price's but i'v been told normal unleaded has been over $1.50 L

[Ace2cool]

For 91 octane here on base is $3.85, up from $3.45 at the beginning of February. Out in town, I haven't checked in the past few days, but I'm sure it's broken $4.00 for premium. Subtract $.20 and you have regular price.

$4.04 tonight for premium.

$3.83 for regular.

[zacmil]

oh dear God.

http://priuschat.com/forums/newbie-foru ... prius.html

"Good to hear your extreme choice is helping the environment! I also just pulled the plates off my 435hp Supra and bought an '04 Prius."

Yes, he's helping the environment by perpetuating a process of mining heavy metals that are shipped wherever to manufacture the batteries, which are then shipped elsewhere to be assembled with the car, which is then shipped to his local dealer for him to buy, and eventually will need to be disposed of in a way that the volatile materials inflict minimal harm the environment. Very environmentally conscious.

America needs to stop hating on diesel cars.

[hannibal]

Breakdown of the retail price of gasoline...
http://www.eia.doe.gov/todayinenergy/detail.cfm?id=470

[Ace2cool]

For 91 octane here on base is $3.85, up from $3.45 at the beginning of February. Out in town, I haven't checked in the past few days, but I'm sure it's broken $4.00 for premium. Subtract $.20 and you have regular price.

$4.04 tonight for premium.

$3.83 for regular.

$4.27 out in town for premium. Also, just a sidenote:

http://www.bloomberg.com/news/2011-03-1 ... emand.html

[Mondo]

This was the cheap stuff last week... With the .45 debit charge it was 100.00 for 4 days of gas...

[nevertheless]

daaaaaaaaayyyum, buy a bicycle

[HashiriyaS14]

From douche-nozel who sold his GT-R: "I working on buying a new 4,500sf home which I think I'll enjoy more than the GTR, and hopefully it will retain it's value better."

Guess he's a little behind on that whole real estate debacle, huh?

LOL

Funny as that may be, assuming he's buying real estate in a not-f**ked part of the country, it's still true.


At any rate, I'm tired of hearing about gas prices. Move to places with public transit or buy a Ruckus.

[Zydeco]

i think in the CA Bay Area we hit about a 40 cent raise per gallon in gas prices in around a month. total bs. that's an extra 6 bucks a fill for me

In the beginning of February I had to stop driving due to an foot injury and gas was $3.45 a gallon for 91. Fast forward today and now its $4.19 a gallon. It has already affected the amount I drive. My STi isn't the most fuel efficient car, but if I drive slow, keep it out of boost and don't downshift. I can get about 25 mpg.

[nevertheless]

Stumbled upon an old gas thread that was three years ago I was paying 30 more cents a gallon, go figure.