"Interesting. As you probably know, PEMEX is barred by Mexican law from allowing outside investment in exploration & production. How much of the falloff in Mexican production is attributable to this ban?"'
However PEMEX can contract outside support services just as our gov does with Haliburton which is a different matter and not in violation with their existing laws. But I doubt that any amount of contracting will change the situation with Cantarell, which appears to be the main reason their production is crashing. As you probably know, Cantarell is the world's largest off shore field. If I recall, Cantarell is declining by around 28% a year. But that's the nature of off shore drilling where the costs are high and there's an incentive cover that overhead in an expedient manner.
Even with outside investment, Mexican production would likely follow a similar but steeper decline that US production. For example if you look at US production declines from 1970 on, you will see that the north slope production only made a bump on the decline side of the curve.
But back to PEMEX... with the Mexican government getting 40% of its revenues from oil, I can only imagine what will happen in the near future. With out the golden goose, it could get pretty nasty down there.
If I'm right about the near future of global oil production, we should all be (as Richard Clarke wrote) be running around like our hair is on fire.
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One final note... what really sucks is that this past year I've made a bunch of $$, particularly in energy, and now am set up. I have the bucks for a new BMW M3 (want, want) and would order one tomorrow, except that would be in direct conflict with my views on gas & oil. Gonna be another 4 banger for me.
you need to consider that many people who own homes, don't have a mortgage. i am not one of those, but i am not even going to check out your links and you know why.
2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
Actually jobless claims are only one part of the equation, other statistics are used to determine the unemployment rate including those who want to work but have given up looking.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
"If I'm right about the near future of global oil production, we should all be (as Richard Clarke wrote) be running around like our hair is on fire."
Go for it. Me, I plan to watch the fireworks that have already started. I still am not going to panic. Things are changing. While a number of countries are seeing declining oil production, a few are actually increasing. The increased production may be just enough to keep prices close to where they are now.
Increased growth will likely slow in the next few years in places like China and India. It is not just the oil/diesel/gasoline that is increasing. Lots of other resources are increasing to the point where they will impact growth.
On another note, New York is at $3.992 for an average RUG price. It looks like by the end of the week NY, IL, & CA will be over $4.
NY diesel is up 2 cents to $4.86. I am guessing this is not a good year to go RVing. Read a sob story from a RV owner that sold his house in 2007 to travel. The guy bought a pickup and fifth wheel. Fuel prices have put a crimp in his plans. He is now working at a national park for a free place to park the RV. Not sure that is the TEOTWAWKI. Three months in one place, will he survive, :P
You don't hear much about this from the media, but you see it every day. RVs are going the way of the dodo bird.
During the 90s, those things were multiplying so fast and clogging up highways so much that people were afraid to take a road trip. These days, on my occasional 500 mile jaunts to visit the parents, I rarely encounter an RV.
What do those things get? 8-10 miles per gallon? Maybe a little more if they're diesel pushers. But diesel and gas are so expensive, it doesn't matter. People simply can't afford to drive them anymore.
And I suppose that they can't sell them, either. Who would buy one?
On another note, New York is at $3.992 for an average RUG price. It looks like by the end of the week NY, IL, & CA will be over $4.
NY was already over $4...I paid $4.05 last week for RUG, then it dropped back to $3.99, which is where it is now where I live. Sorry to burst your bubble, but $4 a gallon? Been there, done that, doing it tomorrow. :shades:
That fella that sold his home in 2007 was lucky to get rid of it before the bottom dropped any further . Buying that pickup truck and a 5th wheel doesn't have to be the end of the World either . One of the Certified master mechanics that attended the training course in New Jersey returned to his home base and the very first installation of a HAFC was to a motor home with a 454 chevy engine . He took the MPG from 6.8 to 22 . When the PICC is approved by the EPA it should go to at least 50 or more .
Biodiesel , more mpg and you CAN make it yourself when push comes to shove. Mini Cooper , a no-go show boat ONLY gets about 35 36 mpg. ON PREMIUM, now 5 dollars a gallon.
why buy a sporty little cute car when gas is not going down and NO we're not going to have lower prices EVER again. Wake up.
What I will do is buy the first Biodiesel that comes out....Jetta Sportwagon or VW Tiguan Biodiesel.
If you don't believe we'll run out of gasoline in YOUR lifetime...you can call me "silly" ....and then just sit back and watch.
Real cost of fuel: A major New Jersey trucking company just went out of business due to the psychopathic pump prices putting 1,500 employees out of work.
Biodiesel , more mpg and you CAN make it yourself when push comes to shove
They don't like it when we do that. Some guy got fined or something for not paying his road taxes, because he was making his fuel himself rather then buying it at a hereby o-fic-ial gas pump. :shades:
I paid $4.09 yesterday for RUG . Diesel is getting closer and closer to $5 .
Hey , I could care less if someone has a rebuttal or not . The last time I looked the 1st amendment to the Constitution was still in effect even though constantly violated by many .
It matters not who the Secret Government choses for their next puppet , nothing will change until we the people regain our Constitutional Republic . Of the 19 original contenders for the throne there is only one that made any sense , but then he's not bought and paid for so virtually censored and minimized by the MSM . His platform is still alive and kicking though . The fat lady has yet to sing .
What do those things get? 8-10 miles per gallon? Maybe a little more if they're diesel pushers. But diesel and gas are so expensive, it doesn't matter. People simply can't afford to drive them anymore.
I think that's actually about the top end for the Diesel models...gas-engine models are probably more like 6-7, unless you get a smaller one.
A few years ago, I read about a guy who took a 1974 or so Travco 270 motorhome, and swapped out its 440/Torqueflite driveline for a Cummins Diesel out of a heavy-duty Ram, and claimed he could get 15-16 mpg on the open road.
I think a lot of people that live that RV lifestyle tend to drive a few hundred miles, then stay put for days, weeks, or even longer. Then they drive on again, a few hundred miles, and hunker down again. For people like that, I don't think expensive gas is going to hurt them very much.
And for people who can afford those $500K+ rolling palaces (Travco had the audacity to have a model called the Dodge Mahal, but they've come a long way since those days!), I don't think expensive fuel is going to make them flinch, either.
However, I imagine high fuel prices are still going to keep a lot of people out of the RV hobby/lifestyle. I've always thought motorhomes were cool, and wanted one ever since I was a little kid. But nowadays, if I was going to travel, I think I'd just stay in motels. Or pitch a tent if I want to experience nature.
Yet I suspect whatever goods these truckers were hauling are still making it to the market.
Yes I agree. Probably there were too many trucks available and they were low-bidding each other until someone went under. With less trucks available now they should be able to raise their rates, to compensate for the higher diesel costs.
The biggest thing I'm doing this year to combat high gasoline prices, is to cut lots of firewood. I have a fireplace and a woodstove. I don't drive much so I'll cut back my potential heating-oil use. I got a quote on heating-oil last week $4.14/gal cash-price. My new house has a 500-gal tank.
And if you think our nation has some sort of policy to reduce oil-use, I haven't seen it yet. Most of the new homes and condos going up around here use oil for heat.
This discussion is active enough without analyzing Venezuela/Chavez in ways that don't relate to our gasoline supply. I've tried to weed out some of the mortgage stuff that flared up yesterday too. (you called it Bpizzuti )
I have a friend with some semi-heavy equipment but mostly pickups. His fleet is maybe 5 trucks; nothing too heavy though.
His gas bill used to run ~$900 a month - now he's up to ~$1,650.
Crap jobs are always in abundance. It's easy to find a crappy job, but not so easy to do the work or gain what we call a livable income. You can always find two or three crappy jobs to attain what one good job provided. Of course your health will be seriously compromised.
Well, what became of all those who wanted to work but gave up? Are they all living with Mom? Are they criminals, homeless, in prison, or mental patients?
You're right I did. On the other hand, I DID try to drag him back on topic at least. :P
I was just talking to my neighbors this weekend, and they're sitting there asking me why prices have gone up so fast, and I tell them to look at the pump. They wondered what that had to do with anything. :shades:
Unfortunately, quite a few people are pretty short sighted.
Just hope you regularly clean your chimney like I hope my neighbors with a wood-burning stove are doing. It makes the neighborhood smell like a forest fire and my Park Ave always has a film of ash on it in the winter.
I just got this from Yahoo News, but they got it from the AP:
The Labor Department reported Tuesday that wholesale inflation increased by 0.2 percent in April following a 1.1 percent jump in March. Outside of food and energy, prices rose by 0.4 percent in April.
The overall moderation in prices primarily reflected how the government adjusts its data to compensate for seasonal changes. Those adjustments showed gasoline prices falling last month even though motorists were seeing prices soar.
I just LOVE that...they show gas prices FALLING last month. Anyone else see gas falling? :shades:
Love the attitude. "Well, if we can't fix things, let's just change how we measure them so they don't look as bad!" :P
Crap jobs are always in abundance. It's easy to find a crappy job,
I agree. But when unemployment is low, as it is today, someone's still got to do these jobs and employers have to compete with each other to find employees from a limited pool of people. The result is that they have to pay more. Does anyone really work for minimum wage in this country? Maybe in states like Mississippi but not where I live.
It's interesting when people complain about the lousy jobs that are available and some of these same people also complain that these jobs are being taken by illegal immigrants or being shipped off shore.
I just LOVE that...they show gas prices FALLING last month. Anyone else see gas falling?
After reading that article it actually makes sense to me. The government's inflation figures are supposed to suggest overall trends. If gasoline typically goes up 5% in April and goes down 5% in November than to not account for this would skew the overall inflation picture. Imagine if you stated that average US temperatures increased by 7 degrees from March to April and used this as evidence of a global warming trend. But I'm sure it works both ways. If November gasoline prices remain static then that will be viewed as inflationary since they should have dropped 5%.
As far as gasoline/diesel tax is concerned if we 'pretend' that the future is now and we all plug in our vehicles does anybody know what effect the loss of the fuel taxes will have. Or more importantly will they RAISE fees/taxes on electricity to compensate?
Infrastructure...I remember the rolling brown outs; if we all plug in our vehicles (even at night) what will happen? I suspect that the utility companies will be beneficiaries of gov't grants/tax incentives etc to upgrade their infrastructure. My electric bill is already high...
felicia why do you care so much about premium vs 87 octane when the price delta is barely 5% between them - it's usually 20 cents per gallon - out of $4 that is rather low dough? VW only allows 5% biodiesel and I've seen zero info from VW about any intent to sell B100 vehicles, but it would be neat if some manufacturer did that. Seems like VW could do it if they wanted to, maybe with a fuel filter that takes up half the trunk, and the B100 tank taking up the other half of the trunk?
Right, and if a government agency wants an 8% budget increase, but only gets 5%, they call it a 3% "cut."
The quote from the AP article, "Outside of food and energy, prices rose by 0.4 percent in April," offers an example of the fraud in government accounting. They cannot logically exclude food and energy from inflation figures, because we all eat, and most of us drive cars, pay electric and gas bills, and buy products that are transported by trains and trucks.
The "ex food and energy" figure is called the "core inflation rate." They invented this little bit of fraud simply to avoid telling people how bad inflation really is (7%-8% annually). And when " the government adjusts its data to compensate for seasonal changes," it adds another way for them to manipulate the numbers to pacify the public.
It's another example of fraud, of course, because our employers don't "adjust" our paychecks upward to compensate for seasonal changes, nor do our creditors "adjust" our payments downward. No, our bills keep going up. We keep paying more for the same things. That's called "inflation," and no amount of propoganda can "compensate" for that reality.
Not even claiming that gas prices are going DOWN! .
"And since "Chavez is a hero not a villain," your life will be much better in Caracas. Send us a postcard! "
I wonder what country or regiem would best suit those who think anyone critical of their own governement should leave. :confuse:
I mean c'mon - are you telling me you don't see other governments in the world that we can learn from? Are you so ethnocentric as to think the world revolves around the US.
If the rest of the world consumed at the level of the US on a per capita basis, I'm not sure there would be any glaciers left. Gas would probably be......? We are overstuffed whiners to complain about "high" fuel costs.
"Are you so ethnocentric as to think the world revolves around the US."
No, I just don't think that it revolves around Venezuela. And being critical of government is one thing, but calling the U.S. a fascist dictatorship with corrupt elections is quite different.
If a person truly believes that he's living under dictatorial rule, that his vote doesn't count, and that his taxes support CIA overthrows of foreign governments, then he's a fool to remain here. He should seek out countries like Venezuela, with "the most democratic" government in the western hemisphere. That way, he can live in blissful freedom, and speak out against the fascism that the U.S. has "adapted" without fear of reprisal from the CIA, NSA, or Department of Homeland Security.
As an opposing example, I believe that I have it pretty good here in the United States. And while I disagree with many of the things the federal and state governments do, I remain here because I see much more good than bad.
If I thought that socialized medicine would benefit me, I wouldn't sit around and whine about the insurance industry in the U.S. I'd simply move to Canada or England.
If I thought that higher taxes solved society's problems, I wouldn't sit around and whine about "tax cuts for the rich." I'd simply move to Sweden.
If the most important thing to me was cheap gasoline, I'd move to Dubai, where it's 45 cents per gallon.
And if I believed that Bush is a fascist and Chavez is a hero, I'd be living in Venezuela right now.
See, that's one of the greatest freedoms the U.S. offers -- the ability to leave any time you want to. Yet, we have a lot more people trying to get in than trying to get out. We must have something going for us. .
Or more importantly will they RAISE fees/taxes on electricity to compensate?
Rather then try to separate your home usage reading from your recharging car, I could see a flat fee/year/vehicle. You register the electric car - write a check for $500 to the feds.
if we all plug in our vehicles (even at night) what will happen?
Well I'd like to have someone explain to me how this works if you don't have a garage or carport. Do I have an assigned spot and recharger on the street, and no one can park there? What if I live in an apartment building? How do I stop someone from unplugging my vehicle? or plugging their car in my meter and me paying for it? and how do you make it safe such that even the least-smart can setup the charging in the rain or ice?
Also what happens when an ice storm hits and you lose electricity for 3-7 days? Are we all supposed to buy generators, and stock 100 gal. of fuel for these events?
How many people live or farm ON glaciers vs. OFF glaciers? I'll be glad when they're gone, and maybe we'll find a lot of resources underneath, that we can finally get to. Some people predict Siberia could be the next Saudi Arabia.
Well I'd like to have someone explain to me how this works if you don't have a garage or carport. Do I have an assigned spot and recharger on the street, and no one can park there? What if I live in an apartment building? How do I stop someone from unplugging my vehicle? or plugging their car in my meter and me paying for it? and how do you make it safe such that even the least-smart can setup the charging in the rain or ice?
Also what happens when an ice storm hits and you lose electricity for 3-7 days? Are we all supposed to buy generators, and stock 100 gal. of fuel for these events?
This is why the home plug-in won't work typically. It needs to be a pretty high power flow to recharge quickly anyway. Instead of gas stations we'll have charging stations that charge us depending on the amount of power we have to "pump" into our batteries.
This is a problem with pure battery power, and a major advantage to plug-in hybrids. That's one reason pure EVs will be a tough sell. Easy/quick to pump in a few gallons and be on your way.
As far as gasoline/diesel tax is concerned if we 'pretend' that the future is now and we all plug in our vehicles does anybody know what effect the loss of the fuel taxes will have
The typical motorist pays around 2 cents per mile in fuel taxes if he has a vehicle that gets 25 mpg. My guess is that the fed, state and local governments will gradually transition away from collecting fuel taxes and replace it with a per mile useage fee. How the government tracks this mileage will be a question mark but, IMO, not insurmountable.
I believe the the electric grid has plenty of spare capacity at night. The charging stations that need to be built should not charge directly from the grid but should charge their own, very large, battery packs at night and transfer this to EVs during the day. The people that don't have access to an electric outlet at night will have to make use of these charging stations. Oh well. Most people don't have access to their own personal gas pump either. Life's so unfair.
These questions are being discussed by EV advocates. The critics of EV viability keep bringing up the same obstacles as if the EV supporters never thought of these things. As gas prices continue to rise so will interest in EVs.
On the NY/NJ border at every gas station there are gas lines every day. There are more islands to service cars at each one but it looks like the Mexican border except with cars!
Of course there is!!!! Just like outside the rent-a-car returns at Orange County Airport at two o'clock in the afternoon.... Packed! Doesn't have anything to do with shortage, just everybody and his other brother Darryl wants to get gas at the same time.. Go two boulevards over and away from the airport (with lower prices incidentally) and that "Stop&Rob" is dead......
So let me paraphrase the quiet mason's observations.... Gas lines carte-blanche, every station, across the nation..... with shortage. Cats and dogs living together, mass hysteria, rioting in the streets..... Not really..... There is no shortage. He STILL has a point.
I agree with that one poster here; brainless consumers that STILL purchase the gas regardless of the price (usually S-Huge-V. is involved) and simply not reacting to the price. You CAN react and if you don't, you're just lazy. Cut out the trip to Starbucks JUST to get coffee. Start combining multiple task/trips with one driving event.... You WILL see results in your wallet.
There is no shortage of crude oil, just despicable speculators and hedge fund greed. I off-handedly fobbed off the comments of George Soros the other day, but now he's starting to make a LOT more sense..... Increasing incidence of "false bubbles" created by individuals utilizing parasitic tactics for quick money. A complete dismissal of the principles of value investing.
Hubbard's theories are completely real - we are running out of oil and other countries want more of it but to to think it is happening this fast is completely ridiculous.
I am looking forward to the oil speculation crash just as I looked forward to real estate "flippers" that got caught..... Same old same old.... Shoddy investment discipline that just hurts people in the long run and an exploited sector gets hurt for no apparent reason other than sheer greed......
their own, very large, battery packs at night and transfer this to EVs during the day... The critics of EV viability keep bringing up the same obstacles as if the EV supporters never thought of these things.
How do the EV supporters exactly think a person is going to transfer this battery pack? (I believe the maximum lift approved by OSHA is 55 lb.) Don't they weigh several hundred pounds? Or is this going to be solved by some miracle-battery?
OK, Lucy, you axed for some 'splainin. Here's how it works:
By the time EVs or PHEVs reach such market penetration that Joe Schmoe living in the $600 a month apartment can afford one, then apartment complexes will be outfitting their parking lots with electrical outlets.
And some smart people will be selling generators that you plug your EV/PHEV into when there is a power outage, or that service will be provided for a fee by mobile vans you can call to your complex for recharging the vehicles.
People and infrastructure will ADAPT, as we always have.
That article was critical of the battery swap plan. It was saying that quick-charge stations make much more sense. No lifting involved. I personally don't believe the battery swap idea has any merit.
Well, swapping batteries will have to happen eventually, the things do wear out. But that should be done as little as possible, otherwise contacts get lose and don't conduct as well.
>"Well, if we can't fix things, let's just change how we measure them so they don't look as bad!"
That was started at least two regimes ago. Things that were usually included in the national debt weren't. That made it look like there actually was a surplus when there wasn't. And since then more things have been manipulated to try to keep the inmates from realizing the inflation rate and the national debt size.
I just heard a quote from a local, strange university professor tellings us how wonder we had it because back in 19XX gas was $.32 per gallon and the average take home for "some" people was $20. So gas is very cheap now. I note that the local TV station drags out a person from this university to pontificate on certain things in the news.
I guess the University of Dayton has all the answers, folks. We're well off. It can only get better!!!
""You can't just point the finger at speculators," Michael Haigh, head of U.S. commodities research at the investment bank Société Générale, recently told CNNMoney.com "Fundamentally, the markets are where they are supposed to be."
If we consumers don't all start to consume less, that is where the market will stay. In fact, given the global factors at work on the price of oil and gas, the market will continue to rise, perhaps more slowly than it has in the last 12 months, but certainly it will not subside. The key to consumers' deliverance from high gas prices is in our hands...
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
the plug in car won't work for everyone, but then again there were people that at one time held onto the horse and buggy wondering how everyone was supposed to have a car.
it won't happen over night, but alternatives to filling your tank with gas will come and the higher the price for a gallon the sooner it will happen
maybe with a fuel filter that takes up half the trunk, and the B100 tank taking up the other half of the trunk?
Actually B100 will run fine in most modern diesel engines without an added filter. I think you are referring to those running cooking oil direct from McDonalds. Finding anyone selling B100 is tough. A few places sell B20 around here. More biodiesel than E85 for the 1000s of FFV being sold in CA.
then apartment complexes will be outfitting their parking lots with electrical outlets.
So you think that in the majority of the urban areas in this country, that you will simply swipe your credit card in a recharger, plug your car in, and go in to work or in your house, and come back 9-12 hours later and find that no one has a) either disconnected it as a joke, b) hooked it up to their car then drove away, or c) the connection is now frozen to the car?
And some smart people will be selling generators that you plug your EV/PHEV
They sell those today. They cost about $2,000 installed and will run a few appliances you choose in the circuit-box. These generators which can't power the whole house use about 5 gal of gas/ 8 hr. In order to recharge a car it'll have to be larger, more costly, and use more gas. So you think many millions of people are all going to buy $3K generators and store 50 gal. of gasoline?
when there is a power outage, or that service will be provided for a fee by mobile vans you can call to your complex for recharging the vehicles.
So pick a recharge time and how much energy 1 van can carry, and tell me how many vans do you think this requires? The electric company is going to have these vans and drivers sitting around to use once every 2 years? Since you live in the desert, and don't deal with hurricanes and ice-storms, let me tell you that when one happens every qualified utility guy from surrounding states is working 80hr weeks. They're not knocking on your door asking if your car needs a charge!
So you think that in the majority of the urban areas in this country, that you will simply swipe your credit card in a recharger, plug your car in, and go in to work or in your house, and come back 9-12 hours later and find that no one has a) either disconnected it as a joke, b) hooked it up to their car then drove away, or c) the connection is now frozen to the car?
Absolutely they will. If people are willing to siphon gas (eww) then they're CERTAINLY going to use someone's charger when they're not looking. That's why charging stations will be the direct replacement for gas stations. You pull into the Shell recharging station, pay at the pump, and connect the charger to your vehicle's battery jack.
I think the system in apartment complex parking lots will resemble something like the parking lots in Tempe AZ which have assigned numbers and you pay at a centrally located kiosk.
For example: A kiosk near the parking lot will control the power outlets in each parking spot. The apartment dweller will have an electronic room key card of some type. The renter will insert the card and tell the system which parking spot they are in, and the electricity will be turned on at that parking spot and charged to the renter's monthly electricity bill.
The connections from the car to the outlet will have some sort of security feature on it where they can be locked and no one else can "steal" that plug. Some smart guys somewhere will figure out the best way to handle that.
Maybe the system will just have a sensor that turns off power to the outlet when the cord is unplugged, rendering the theft of the electricity impossible.
Most apartment complexes have ZERO links to their tenants' electric bill. And they're not going to pay for electronic keys for the apartments either. The electric bill goes from the electric company to the apartment dweller directly.
Why is everyone making it so complicated? It would be simplest, cheapest, and most efficient-est to simply build charging stations along the same model as gas stations. We'd need them anyway for long trips that would drain batteries, and for people who simply HAVE to recharge NOW rather than stay in a hotel while their vehicle charges. And if you have these high-speed chargers being run by the friendly former gas jockey, then you don't need to worry about plugging it in at home at all, do you?
The Costco in La Mesa, CA has two parking spaces with plug-ins. They used to have two of the stations for the EV-1. I have never seen a car plugged in to them.
Comments
However PEMEX can contract outside support services just as our gov does with Haliburton which is a different matter and not in violation with their existing laws. But I doubt that any amount of contracting will change the situation with Cantarell, which appears to be the main reason their production is crashing. As you probably know, Cantarell is the world's largest off shore field. If I recall, Cantarell is declining by around 28% a year. But that's the nature of off shore drilling where the costs are high and there's an incentive cover that overhead in an expedient manner.
Even with outside investment, Mexican production would likely follow a similar but steeper decline that US production. For example if you look at US production declines from 1970 on, you will see that the north slope production only made a bump on the decline side of the curve.
But back to PEMEX... with the Mexican government getting 40% of its revenues from oil, I can only imagine what will happen in the near future. With out the golden goose, it could get pretty nasty down there.
If I'm right about the near future of global oil production, we should all be (as Richard Clarke wrote) be running around like our hair is on fire.
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One final note... what really sucks is that this past year I've made a bunch of $$, particularly in energy, and now am set up. I have the bucks for a new BMW M3 (want, want) and would order one tomorrow, except that would be in direct conflict with my views on gas & oil. Gonna be another 4 banger for me.
i am not one of those, but i am not even going to check out your links and you know why.
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
356 miles took 14.4 gallons of mid grade.
Go for it.
Increased growth will likely slow in the next few years in places like China and India. It is not just the oil/diesel/gasoline that is increasing. Lots of other resources are increasing to the point where they will impact growth.
On another note, New York is at $3.992 for an average RUG price. It looks like by the end of the week NY, IL, & CA will be over $4.
NY diesel is up 2 cents to $4.86. I am guessing this is not a good year to go RVing. Read a sob story from a RV owner that sold his house in 2007 to travel. The guy bought a pickup and fifth wheel. Fuel prices have put a crimp in his plans. He is now working at a national park for a free place to park the RV. Not sure that is the TEOTWAWKI. Three months in one place, will he survive, :P
During the 90s, those things were multiplying so fast and clogging up highways so much that people were afraid to take a road trip. These days, on my occasional 500 mile jaunts to visit the parents, I rarely encounter an RV.
What do those things get? 8-10 miles per gallon? Maybe a little more if they're diesel pushers. But diesel and gas are so expensive, it doesn't matter. People simply can't afford to drive them anymore.
And I suppose that they can't sell them, either. Who would buy one?
NY was already over $4...I paid $4.05 last week for RUG, then it dropped back to $3.99, which is where it is now where I live. Sorry to burst your bubble, but $4 a gallon? Been there, done that, doing it tomorrow. :shades:
I won't buy a Premium fuel car that's for sure.
Biodiesel , more mpg and you CAN make it yourself when push comes to shove.
Mini Cooper , a no-go show boat ONLY gets about 35 36 mpg. ON PREMIUM, now 5 dollars a gallon.
why buy a sporty little cute car when gas is not going down and NO we're not going to have lower prices EVER again. Wake up.
What I will do is buy the first Biodiesel that comes out....Jetta Sportwagon or VW Tiguan Biodiesel.
If you don't believe we'll run out of gasoline in YOUR lifetime...you can call me "silly" ....and then just sit back and watch.
They don't like it when we do that. Some guy got fined or something for not paying his road taxes, because he was making his fuel himself rather then buying it at a hereby o-fic-ial gas pump. :shades:
Hey , I could care less if someone has a rebuttal or not . The last time I looked the 1st amendment to the Constitution was still in effect even though constantly violated by many .
It matters not who the Secret Government choses for their next puppet , nothing will change until we the people regain our Constitutional Republic . Of the 19 original contenders for the throne there is only one that made any sense , but then he's not bought and paid for so virtually censored and minimized by the MSM . His platform is still alive and kicking though . The fat lady has yet to sing .
I think that's actually about the top end for the Diesel models...gas-engine models are probably more like 6-7, unless you get a smaller one.
A few years ago, I read about a guy who took a 1974 or so Travco 270 motorhome, and swapped out its 440/Torqueflite driveline for a Cummins Diesel out of a heavy-duty Ram, and claimed he could get 15-16 mpg on the open road.
I think a lot of people that live that RV lifestyle tend to drive a few hundred miles, then stay put for days, weeks, or even longer. Then they drive on again, a few hundred miles, and hunker down again. For people like that, I don't think expensive gas is going to hurt them very much.
And for people who can afford those $500K+ rolling palaces (Travco had the audacity to have a model called the Dodge Mahal, but they've come a long way since those days!), I don't think expensive fuel is going to make them flinch, either.
However, I imagine high fuel prices are still going to keep a lot of people out of the RV hobby/lifestyle. I've always thought motorhomes were cool, and wanted one ever since I was a little kid. But nowadays, if I was going to travel, I think I'd just stay in motels. Or pitch a tent if I want to experience nature.
Yet I suspect whatever goods these truckers were hauling are still making it to the market.
Yes I agree. Probably there were too many trucks available and they were low-bidding each other until someone went under. With less trucks available now they should be able to raise their rates, to compensate for the higher diesel costs.
The biggest thing I'm doing this year to combat high gasoline prices, is to cut lots of firewood. I have a fireplace and a woodstove. I don't drive much so I'll cut back my potential heating-oil use. I got a quote on heating-oil last week $4.14/gal cash-price. My new house has a 500-gal tank.
And if you think our nation has some sort of policy to reduce oil-use, I haven't seen it yet. Most of the new homes and condos going up around here use oil for heat.
I have a friend with some semi-heavy equipment but mostly pickups. His fleet is maybe 5 trucks; nothing too heavy though.
His gas bill used to run ~$900 a month - now he's up to ~$1,650.
This is his busy season, but still....
I was just talking to my neighbors this weekend, and they're sitting there asking me why prices have gone up so fast, and I tell them to look at the pump. They wondered what that had to do with anything. :shades:
Unfortunately, quite a few people are pretty short sighted.
The Labor Department reported Tuesday that wholesale inflation increased by 0.2 percent in April following a 1.1 percent jump in March. Outside of food and energy, prices rose by 0.4 percent in April.
The overall moderation in prices primarily reflected how the government adjusts its data to compensate for seasonal changes. Those adjustments showed gasoline prices falling last month even though motorists were seeing prices soar.
I just LOVE that...they show gas prices FALLING last month. Anyone else see gas falling? :shades:
Love the attitude. "Well, if we can't fix things, let's just change how we measure them so they don't look as bad!" :P
The entire article is interesting, but some of it is off-topic: http://news.yahoo.com/s/ap/20080520/ap_on_bi_go_ec_fi/economy
I agree. But when unemployment is low, as it is today, someone's still got to do these jobs and employers have to compete with each other to find employees from a limited pool of people. The result is that they have to pay more. Does anyone really work for minimum wage in this country? Maybe in states like Mississippi but not where I live.
It's interesting when people complain about the lousy jobs that are available and some of these same people also complain that these jobs are being taken by illegal immigrants or being shipped off shore.
I just LOVE that...they show gas prices FALLING last month. Anyone else see gas falling?
After reading that article it actually makes sense to me. The government's inflation figures are supposed to suggest overall trends. If gasoline typically goes up 5% in April and goes down 5% in November than to not account for this would skew the overall inflation picture. Imagine if you stated that average US temperatures increased by 7 degrees from March to April and used this as evidence of a global warming trend. But I'm sure it works both ways. If November gasoline prices remain static then that will be viewed as inflationary since they should have dropped 5%.
Infrastructure...I remember the rolling brown outs; if we all plug in our vehicles (even at night) what will happen? I suspect that the utility companies will be beneficiaries of gov't grants/tax incentives etc to upgrade their infrastructure. My electric bill is already high...
VW only allows 5% biodiesel and I've seen zero info from VW about any intent to sell B100 vehicles, but it would be neat if some manufacturer did that. Seems like VW could do it if they wanted to, maybe with a fuel filter that takes up half the trunk, and the B100 tank taking up the other half of the trunk?
The quote from the AP article, "Outside of food and energy, prices rose by 0.4 percent in April," offers an example of the fraud in government accounting. They cannot logically exclude food and energy from inflation figures, because we all eat, and most of us drive cars, pay electric and gas bills, and buy products that are transported by trains and trucks.
The "ex food and energy" figure is called the "core inflation rate." They invented this little bit of fraud simply to avoid telling people how bad inflation really is (7%-8% annually). And when " the government adjusts its data to compensate for seasonal changes," it adds another way for them to manipulate the numbers to pacify the public.
It's another example of fraud, of course, because our employers don't "adjust" our paychecks upward to compensate for seasonal changes, nor do our creditors "adjust" our payments downward. No, our bills keep going up. We keep paying more for the same things. That's called "inflation," and no amount of propoganda can "compensate" for that reality.
Not even claiming that gas prices are going DOWN!
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I wonder what country or regiem would best suit those who think anyone critical of their own governement should leave. :confuse:
I mean c'mon - are you telling me you don't see other governments in the world that we can learn from? Are you so ethnocentric as to think the world revolves around the US.
If the rest of the world consumed at the level of the US on a per capita basis, I'm not sure there would be any glaciers left. Gas would probably be......?
We are overstuffed whiners to complain about "high" fuel costs.
No, I just don't think that it revolves around Venezuela. And being critical of government is one thing, but calling the U.S. a fascist dictatorship with corrupt elections is quite different.
If a person truly believes that he's living under dictatorial rule, that his vote doesn't count, and that his taxes support CIA overthrows of foreign governments, then he's a fool to remain here. He should seek out countries like Venezuela, with "the most democratic" government in the western hemisphere. That way, he can live in blissful freedom, and speak out against the fascism that the U.S. has "adapted" without fear of reprisal from the CIA, NSA, or Department of Homeland Security.
As an opposing example, I believe that I have it pretty good here in the United States. And while I disagree with many of the things the federal and state governments do, I remain here because I see much more good than bad.
If I thought that socialized medicine would benefit me, I wouldn't sit around and whine about the insurance industry in the U.S. I'd simply move to Canada or England.
If I thought that higher taxes solved society's problems, I wouldn't sit around and whine about "tax cuts for the rich." I'd simply move to Sweden.
If the most important thing to me was cheap gasoline, I'd move to Dubai, where it's 45 cents per gallon.
And if I believed that Bush is a fascist and Chavez is a hero, I'd be living in Venezuela right now.
See, that's one of the greatest freedoms the U.S. offers -- the ability to leave any time you want to. Yet, we have a lot more people trying to get in than trying to get out. We must have something going for us.
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Rather then try to separate your home usage reading from your recharging car, I could see a flat fee/year/vehicle. You register the electric car - write a check for $500 to the feds.
if we all plug in our vehicles (even at night) what will happen?
Well I'd like to have someone explain to me how this works if you don't have a garage or carport. Do I have an assigned spot and recharger on the street, and no one can park there? What if I live in an apartment building? How do I stop someone from unplugging my vehicle? or plugging their car in my meter and me paying for it? and how do you make it safe such that even the least-smart can setup the charging in the rain or ice?
Also what happens when an ice storm hits and you lose electricity for 3-7 days? Are we all supposed to buy generators, and stock 100 gal. of fuel for these events?
How many people live or farm ON glaciers vs. OFF glaciers?
Also what happens when an ice storm hits and you lose electricity for 3-7 days? Are we all supposed to buy generators, and stock 100 gal. of fuel for these events?
This is why the home plug-in won't work typically. It needs to be a pretty high power flow to recharge quickly anyway. Instead of gas stations we'll have charging stations that charge us depending on the amount of power we have to "pump" into our batteries.
The typical motorist pays around 2 cents per mile in fuel taxes if he has a vehicle that gets 25 mpg. My guess is that the fed, state and local governments will gradually transition away from collecting fuel taxes and replace it with a per mile useage fee. How the government tracks this mileage will be a question mark but, IMO, not insurmountable.
I believe the the electric grid has plenty of spare capacity at night. The charging stations that need to be built should not charge directly from the grid but should charge their own, very large, battery packs at night and transfer this to EVs during the day. The people that don't have access to an electric outlet at night will have to make use of these charging stations. Oh well. Most people don't have access to their own personal gas pump either. Life's so unfair.
These questions are being discussed by EV advocates. The critics of EV viability keep bringing up the same obstacles as if the EV supporters never thought of these things. As gas prices continue to rise so will interest in EVs.
fast charge stations
Of course there is!!!! Just like outside the rent-a-car returns at Orange County Airport at two o'clock in the afternoon.... Packed! Doesn't have anything to do with shortage, just everybody and his other brother Darryl wants to get gas at the same time.. Go two boulevards over and away from the airport (with lower prices incidentally) and that "Stop&Rob" is dead......
So let me paraphrase the quiet mason's observations.... Gas lines carte-blanche, every station, across the nation..... with shortage. Cats and dogs living together, mass hysteria, rioting in the streets..... Not really..... There is no shortage. He STILL has a point.
I agree with that one poster here; brainless consumers that STILL purchase the gas regardless of the price (usually S-Huge-V. is involved) and simply not reacting to the price. You CAN react and if you don't, you're just lazy. Cut out the trip to Starbucks JUST to get coffee. Start combining multiple task/trips with one driving event.... You WILL see results in your wallet.
There is no shortage of crude oil, just despicable speculators and hedge fund greed. I off-handedly fobbed off the comments of George Soros the other day, but now he's starting to make a LOT more sense..... Increasing incidence of "false bubbles" created by individuals utilizing parasitic tactics for quick money. A complete dismissal of the principles of value investing.
Hubbard's theories are completely real - we are running out of oil and other countries want more of it but to to think it is happening this fast is completely ridiculous.
I am looking forward to the oil speculation crash just as I looked forward to real estate "flippers" that got caught..... Same old same old.... Shoddy investment discipline that just hurts people in the long run and an exploited sector gets hurt for no apparent reason other than sheer greed......
How do the EV supporters exactly think a person is going to transfer this battery pack? (I believe the maximum lift approved by OSHA is 55 lb.) Don't they weigh several hundred pounds? Or is this going to be solved by some miracle-battery?
By the time EVs or PHEVs reach such market penetration that Joe Schmoe living in the $600 a month apartment can afford one, then apartment complexes will be outfitting their parking lots with electrical outlets.
And some smart people will be selling generators that you plug your EV/PHEV into when there is a power outage, or that service will be provided for a fee by mobile vans you can call to your complex for recharging the vehicles.
People and infrastructure will ADAPT, as we always have.
That was started at least two regimes ago. Things that were usually included in the national debt weren't. That made it look like there actually was a surplus when there wasn't. And since then more things have been manipulated to try to keep the inmates from realizing the inflation rate and the national debt size.
I just heard a quote from a local, strange university professor tellings us how wonder we had it because back in 19XX gas was $.32 per gallon and the average take home for "some" people was $20. So gas is very cheap now. I note that the local TV station drags out a person from this university to pontificate on certain things in the news.
I guess the University of Dayton has all the answers, folks. We're well off. It can only get better!!!
2014 Malibu 2LT, 2015 Cruze 2LT,
Who's to blame for $4 gas
""You can't just point the finger at speculators," Michael Haigh, head of U.S. commodities research at the investment bank Société Générale, recently told CNNMoney.com "Fundamentally, the markets are where they are supposed to be."
If we consumers don't all start to consume less, that is where the market will stay. In fact, given the global factors at work on the price of oil and gas, the market will continue to rise, perhaps more slowly than it has in the last 12 months, but certainly it will not subside. The key to consumers' deliverance from high gas prices is in our hands...
2014 Mini Cooper (stick shift of course), 2016 Camry hybrid, 2009 Outback Sport 5-spd (keeping the stick alive)
it won't happen over night, but alternatives to filling your tank with gas will come and the higher the price for a gallon the sooner it will happen
Actually B100 will run fine in most modern diesel engines without an added filter. I think you are referring to those running cooking oil direct from McDonalds. Finding anyone selling B100 is tough. A few places sell B20 around here. More biodiesel than E85 for the 1000s of FFV being sold in CA.
So you think that in the majority of the urban areas in this country, that you will simply swipe your credit card in a recharger, plug your car in, and go in to work or in your house, and come back 9-12 hours later and find that no one has a) either disconnected it as a joke, b) hooked it up to their car then drove away, or c) the connection is now frozen to the car?
And some smart people will be selling generators that you plug your EV/PHEV
They sell those today. They cost about $2,000 installed and will run a few appliances you choose in the circuit-box. These generators which can't power the whole house use about 5 gal of gas/ 8 hr. In order to recharge a car it'll have to be larger, more costly, and use more gas. So you think many millions of people are all going to buy $3K generators and store 50 gal. of gasoline?
when there is a power outage, or that service will be provided for a fee by mobile vans you can call to your complex for recharging the vehicles.
So pick a recharge time and how much energy 1 van can carry, and tell me how many vans do you think this requires? The electric company is going to have these vans and drivers sitting around to use once every 2 years? Since you live in the desert, and don't deal with hurricanes and ice-storms, let me tell you that when one happens every qualified utility guy from surrounding states is working 80hr weeks. They're not knocking on your door asking if your car needs a charge!
Absolutely they will. If people are willing to siphon gas (eww) then they're CERTAINLY going to use someone's charger when they're not looking. That's why charging stations will be the direct replacement for gas stations. You pull into the Shell recharging station, pay at the pump, and connect the charger to your vehicle's battery jack.
For example: A kiosk near the parking lot will control the power outlets in each parking spot. The apartment dweller will have an electronic room key card of some type. The renter will insert the card and tell the system which parking spot they are in, and the electricity will be turned on at that parking spot and charged to the renter's monthly electricity bill.
The connections from the car to the outlet will have some sort of security feature on it where they can be locked and no one else can "steal" that plug. Some smart guys somewhere will figure out the best way to handle that.
Maybe the system will just have a sensor that turns off power to the outlet when the cord is unplugged, rendering the theft of the electricity impossible.
Why is everyone making it so complicated? It would be simplest, cheapest, and most efficient-est to simply build charging stations along the same model as gas stations. We'd need them anyway for long trips that would drain batteries, and for people who simply HAVE to recharge NOW rather than stay in a hotel while their vehicle charges. And if you have these high-speed chargers being run by the friendly former gas jockey, then you don't need to worry about plugging it in at home at all, do you?