Edmunds dealer partner, Bayway Leasing, is now offering transparent lease deals via these forums. Click here to see the latest vehicles!
Popular New Cars
Popular Used Sedans
Popular Used SUVs
Popular Used Pickup Trucks
Popular Used Hatchbacks
Popular Used Minivans
Popular Used Coupes
Popular Used Wagons
Comments
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Indeed, governments @ multi levels, make vastly more %’s & $$’s money than oil companies, i.e. ExxonMobil. Much of the prices are taxes one are compelled to pay.
I have read that close to maximum to minimum storage of oil inventories (2.5% over interval use ) can cause wild price swings.
While I do not know this, I’m guessing that Iranian oil doesn’t cost much more than Saudi Arabian oil ( $2.00 per bbl) , to get out of its ground.
China, et all, https://www.wsj.com/articles/u-s-re-imposes-sanctions-against-iran-oil-banking-and-shipping-sectors-1541425059 can’t help but be enthusiastic buyers, on the “black market”; from a US POV. Both counties want, need, require “optimum“ USD prices per barrel of oil, to support its social (et al) agendas, efforts.https://www.wsj.com/articles/the-world-can-live-without-iranian-oil-1541361933
Arecent WSJ article 11/08/2018
“U.S. Oil Enters Bear Market on Rising Inventories, Worries of Oversupply“
In any event, the sanctions would cut off no more than 2% of the world's oil supply. In addition, there have been many waivers granted to various countries so that they can continue to do business with Iran.
So these two aspects seem to have caused no great reaction (yet) at the gas pumps.
https://www.eia.gov/tools/faqs/faq.php?id=10&t=10
So in CA, out of the price of a gallon of gas, approximately $.77 are taxes (23.4 % on $3.29)!
http://www.sandiegouniontribune.com/business/energy-green/sd-fi-california-gastax-20170413-story.html
On the wholesale price of a gal of fuel, the $ percentages are absolutely astounding (@ 38.3%++) !!
I also got one 411 on the economics of driving an EV (Tesla). “No POS PAY” options, using level 3 super charger option, stopped going forward was substituted for “paid upfront when purchased” ($ 90,000 +). This one view has no practical faith in advertised ranges & understands there are (unknown) electrical energy losses.
Recalculation (home charging indicates $.13-$.15 per mile cost equivalent (.37 cent per kWh,). ( .105 PER mile 36 mpg $3.79 ULSD) this does not include the home permit “home-improvement” and installation of electrical charging equipment @ $1,000.
We were not able to do the sub 3 sec., naught to 60 mph metric. Nonetheless, it is an absolutely lovely car.
Shell
RUG $2.37
PUG $3.41 !!
That spread is criminal.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
Correction: botique should be boutique.
The CA states “Disco Inferno” shows “mother” nature doing what’s been done for thousands of years: parts to some to most of the state catches fire. Rug emissions fear=TOTALLY OVERBLOWN, Even when a 40 minute drive now takes an hour and a half to two hours.
RUG $2.39
PUG $2.99
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
VW bought back a 32 mpg ULSD midsized suv.
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and let us know! Post a pic of your new purchase or lease!
MODERATOR
2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4
Happy Thanksgiving to all that follow this board!
Let the over-eating commence!
Further north (of Las Vegas) Lake Tahoe, NV/CA is expecting the rain/snow at about 7 PM.
But for other (like, global warming people)i winter is going to be the coldest that it has been in decades.
https://www.yahoo.com/gma/coldest-thanksgiving-decades-way-northeast-midwest-122203488--abc-news-topstories.html
Happy Thanksgiving
RUG/PUG/ULSD prices? Glut?
https://www.yahoo.com/finance/news/u-oil-prices-stabilize-6-percent-slump-market-003846132--finance.html
I'll probably top off the tank after doing some driving this weekend, I expect diesel to be in the $3.40 range after cash discount.
Updated Nov. 27, 2018 (Due to (access,membership issues) the article link is not posted)
Investors and oil traders had a sudden rethink about how much oil would be pumped onto world markets. Rising inventories could weigh on prices.“
WE are/ I’m enjoying LOWER (for CA, anyway) fuel prices due to US (low) oil production.
According to one graph and words, the US produces 7,000,000 barrels of oil per day versus OPEC’s 1.5 million barrels per day! For those that understand percentages, this is absolutely YHUGE!
On the other hand, we can ignore this and say (your post) these graphic figures indicate “high”
That is of no doubt! Then our two postings indicate a hand in glove relationship.
World affairs tend to favor US domestic production, benefiting the US. The rest of the world can/do benefit also.
Nonetheless, prices: local/Las Vegas
RUG $3.59/$3.23. PUG.$3.89/$3.55. ULSD $4.09/$3.39.
$2.39 RUG
$2.99 PUG
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
https://youtu.be/RILhIjjTbEw
Why would anybody want to buy brand Brent crude when there is very little Brent crude ? West Texas Intermediate crude (WTI) is way cheaper ?
http://www.oil-price.net/
Charlotte, NC. $2.39
Indian Land, SC $2.15
about 10 miles south of Indian Land, $1.95
Gas tax is higher in NC
2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech, 2006 Acura TL w/nav
...”Gulf monarchies have massive reserves and very low production costs. Yet, while they can generate cash flow at even lower prices, they can’t support their oil-dependent economies at anything close to today’s $50 WTI or $60 Brent crude. The International Monetary Fund estimates that Saudi Arabia can only balance its books at Brent prices of $85 to $87 a barrel.”...
WSJ article. For Oil, $50 Isn’t Quite the New $70 By Spencer Jakab
Nov. 29, 2018 1:27 p.m. ET
It might be instructive to include this EIA.gov link https://www.eia.gov/tools/faqs/faq.php?id=327&t=9
So at $50 per barrel = $1.62 cost per gallon. ($2.50 per gal without ULSD) These (42 gal barrel) oil prices are sans many items, albeit, most being hidden.
$2.19 RUG
$3.09 ULSD
Edmunds Price Checker
Edmunds Lease Calculator
Did you get a good deal? Be sure to come back and share!
Edmunds Moderator
2018 VW Passat SE w/tech, 2016 Audi Q5 Premium Plus w/tech, 2006 Acura TL w/nav
While world fuel consumption trends UP, overall (US) fuel consumption trends down. It is trending down from a yearly avg of 12,000 miles - 15,000 miles TO 11,000 miles-14,000 miles. https://www-fars.nhtsa.dot.gov/Main/index.aspx. This is a decrease of approximately minus - 8.3%. So say the average mpg are 22, minus/-1,000 miles are app -46 gals.* minus- 288,034,000 vehicles, well, ... most are falling asleep already? zzzzzzzzzzzz
Other indicators also point to an increase in product inventories.