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CNN sez about PUG..... (PUG required to recommended cars are 10% to 15% of pvf)
I’m not sure why the CNN article fails to mention PUG is NOT recommended by the OEM s, (that should know) for the majority of the gasoline cars they build for the pvf?! While the CNN view/s do not rise to the level of disingenuousness, it is highly misleading. Down buying may be costly. So for example, modern cars are made to adjust for knocking. So if one’s car is knocking (way higher force parameters) it sets forces to work that can damage ones car.
(Ethanol) E10 to E15 takes another toll on emissions ( more & unmitigated), CO2 ( more) , flare off (more), hp (less), torque (less), mpg (less & unpublished) & % (less) , while it is used as an octane booster (cheaper).
Yeah.. most of our BMWs have all required premium. It's not so bad at the grocery store, but the Shell stations get about 80 to 90 cents more. It's hurtful.
Costco, Folsom, CA (Gas Buddy-predicted drop in fuel prices- two days before this post & since my last price post) More TMI, another prices drop is predicted for tomorrow. $3.09 ULSD, $2.97 PUG $2.68 RUG.
We in northern CA have definitely felt the increase in gas prices, with an average increase of about .30 cents a gallon. So we'll chalk up .12 of that to the state of California and .18 to the greed of the oil companies.
If I figure out my "fleet average" of Mini Cooper (28 mpg), Dodge 4X4 (15 mpg), Triumph motorcycle (50 mpg) and bicycle , it's not too painful. Certainly not painful enough to justify moving into a more fuel efficient vehicle or vehicles.
That’s one reason why I post the numbers, so anyone can adapt the/their numbers (in the formula) to their particular situations.
It does beg the questions: 1. why they have not been applying decades paid GAS tax revenues to obvious critical areas like roads & bridges, etc., repair. 2. Then, why would you really/reasonably expect the same folks (who appropriated the decades long gas tax for non transportation related stuff) to actually apply the new & extra $ 5 B per yr. (they hope to collect) TO roads & bridges, etc., repair! ? This would be Einstein’s definition of insanity.
I’d have no objection if you volunteered to pay the extra $75 a year taxation @ 18 cents that I would have to pay to get one to work! (whose work $$’s are already taxed)
I’d also like to get as a tax credit @ the/my current rate for the time it takes to commute to work! So for example, it takes about 1.5 hrs to 3 hrs a day. So I could get a tax credit for 37.5 hrs to 75 hr mo. 450 hrs to 900 hr per yr. I’d be letting you off cheap @ minimum wage= $6,750 yr, to $13,500 yr tax credit.
Longer term math led me to diesel in 2003. In 2017 it is still, if not more so compelling.
So making domicile in a tax free state & working off site are really YUGE savings!
But I do have to say I was rather jazzed when the daughter was granted her own designated parking space located in a SF “Hip” district, over looking the waters. The lot is guarded and has a host of cc TVs.
@ SF parking lot ranges of $10 to $20 per day fees.... that’s a lot of savings !?
With WTI @ $ 57.04 per barrel (42 gal) yielding 19 gal RUG/13 gal ULSD = (pvf useable ) 32 gals of fuel (EIA.gov), the wholesale prices are -48 cents below WTI per barrel $ cost.
It would seem the holy grail list to improve on that $40 per barrel franking cost.
I’m not sure how this fits in the oil pricing pantheon, but I saw a CBS Saudi Arabian oil special, hosted by Leslie Stahl, which among many things indicated that it costs Saudi Arabia $ 2 per barrel to get it out of the ground. Each barrel is presumably sold at or above WTI/Brent prices.
Not sure I follow your math. A gallon of crude is $57/42 = $1.36, RUG wholesale = $1.65, so $0.29/gallon to transport and refine.
More precisely, the 'crack spread' (don't ask me why it's called that) is the difference between crude price and wholesale product value (all products from a barrel of oil). It ranges from $0.25 - $0.40/gallon right now, depending on the area world-wide.
Thanks for inadvertently hitting on it. I just didn’t know what it (profit margin) was/ranged in the real world, i.e., your $.25-$.40 a gallon (on a 42 gal barrel). https://en.m.wikipedia.org/wiki/Crack_spread
I’ve also read that the 42 gallons EXPANDS 3 gals to roughly 45 gallons of sellable product. I just don’t remember what that product/s is/are.
Yes, it's wrong. It's like calling the difference between log price and lumber price the 'profit margin' for a sawmill. Profit = revenue - costs, which include all costs, not just cost of materials. The article should call it the 'wholesale margin', or something like that.
It’s interesting to note that the latest 2016 figures indicate 20 gal per bbl yield instead of the past 19 gallons of gasoline. = 33 gal vs 32 gal ULSD remains 13 gal per bbl.
Looks like either diesel fell or unleaded increased - diesel was getting close to premium for a little while. I filled up there, will probably top off the tank while on the road next Sunday, but not in King County, so maybe marginally cheaper yet.
Most people know this, but Gas Buddy has the app that indicates whether fuel prices will rise or fall. Bottom line: whether you should hold off or buy now.
Our RUG dropped to $2.22 from $2.29 CC price. Diesel has not changed in over 2 months. $2.72 at Smith's. Family from CA came for Christmas and could not believe how cheap gas is in Pahrump, NV. Even lower than Las Vegas. Lowest Cash price is $2.18 for RUG.
Paid 2.94 for Chevron Diesel today, with the 15 cent cash discount. Not sure about gasoline , but the last time I was there, diesel was between regular and mid-grade.
Comments
CNN sez about PUG..... (PUG required to recommended cars are 10% to 15% of pvf)
I’m not sure why the CNN article fails to mention PUG is NOT recommended by the OEM s, (that should know) for the majority of the gasoline cars they build for the pvf?! While the CNN view/s do not rise to the level of disingenuousness, it is highly misleading. Down buying may be costly. So for example, modern cars are made to adjust for knocking. So if one’s car is knocking (way higher force parameters) it sets forces to work that can damage ones car.
(Ethanol) E10 to E15 takes another toll on emissions ( more & unmitigated), CO2 ( more) , flare off (more), hp (less), torque (less), mpg (less & unpublished) & % (less) , while it is used as an octane booster (cheaper).
MUM’s the ethanol by line here?
Life on the corny site http://www.worldofcorn.com/#/
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Our Tacoma uses regular. It's the first one that hasn't required PUG, since the Subaru lease ended in 2010.
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$3.09 ULSD,
$2.97 PUG
$2.68 RUG.
If I figure out my "fleet average" of Mini Cooper (28 mpg), Dodge 4X4 (15 mpg), Triumph motorcycle (50 mpg) and bicycle , it's not too painful. Certainly not painful enough to justify moving into a more fuel efficient vehicle or vehicles.
It does beg the questions: 1. why they have not been applying decades paid GAS tax revenues to obvious critical areas like roads & bridges, etc., repair. 2. Then, why would you really/reasonably expect the same folks (who appropriated the decades long gas tax for non transportation related stuff) to actually apply the new & extra $ 5 B per yr. (they hope to collect) TO roads & bridges, etc., repair! ? This would be Einstein’s definition of insanity.
I’d have no objection if you volunteered to pay the extra $75 a year taxation @ 18 cents that I would have to pay to get one to work! (whose work $$’s are already taxed)
I’d also like to get as a tax credit @ the/my current rate for the time it takes to commute to work! So for example, it takes about 1.5 hrs to 3 hrs a day. So I could get a tax credit for 37.5 hrs to 75 hr mo. 450 hrs to 900 hr per yr. I’d be letting you off cheap @ minimum wage= $6,750 yr, to $13,500 yr tax credit.
Longer term math led me to diesel in 2003. In 2017 it is still, if not more so compelling.
So making domicile in a tax free state & working off site are really YUGE savings!
But I do have to say I was rather jazzed when the daughter was granted her own designated parking space located in a SF “Hip” district, over looking the waters. The lot is guarded and has a host of cc TVs.
@ SF parking lot ranges of $10 to $20 per day fees.... that’s a lot of savings !?
http://www.oil-price.net
http://www.indexmundi.com/commodities/?commodity=gasoline
http://www.indexmundi.com/commodities/?commodity=diesel
@ a current cost of $ 40 pr barrel.... Frack on! http://money.cnn.com/2016/03/24/investing/fracking-shale-oil-boom/index.html
It would seem the holy grail list to improve on that $40 per barrel franking cost.
I’m not sure how this fits in the oil pricing pantheon, but I saw a CBS Saudi Arabian oil special, hosted by Leslie Stahl, which among many things indicated that it costs Saudi Arabia $ 2 per barrel to get it out of the ground. Each barrel is presumably sold at or above WTI/Brent prices.
More precisely, the 'crack spread' (don't ask me why it's called that) is the difference between crude price and wholesale product value (all products from a barrel of oil). It ranges from $0.25 - $0.40/gallon right now, depending on the area world-wide.
I’ve also read that the 42 gallons EXPANDS 3 gals to roughly 45 gallons of sellable product. I just don’t remember what that product/s is/are.
Much less (profit) might threaten the 3.73% per share dividend.
Here is a .gov site that might be informative in part, explaining gasoline prices.
Diesel https://www.eia.gov/energyexplained/index.cfm?page=diesel_home
It’s interesting to note that the latest 2016 figures indicate 20 gal per bbl yield instead of the past 19 gallons of gasoline. = 33 gal vs 32 gal ULSD remains 13 gal per bbl.
RUG - 3.05
Midgrade - 3.19
PUG - 3.29
Diesel - 3.07
(Prices before 15 cent cash discount).
Looks like either diesel fell or unleaded increased - diesel was getting close to premium for a little while. I filled up there, will probably top off the tank while on the road next Sunday, but not in King County, so maybe marginally cheaper yet.
RUG $2.39
PUG $3.01
This Shell has the smallest spread of any local Shell.
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Beats coal in your stocking I guess
Paid 2.559(includes 6 cents for paying with credit card) for RUG the last couple of times filling up the Fusion.
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
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Maybe it's because it got cold
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$3.00 gasoline?
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2015 Subaru Outback 3.6R / 2024 Kia Sportage Hybrid SX Prestige
$2.49 ULSD,
$2.69 PUG