of why gas is FOUR FUCKING DOLLARS A GALLON?
Seriously this is just fucking stupid.
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of why gas is FOUR FUCKING DOLLARS A GALLON?
Seriously this is just fucking stupid.
uhhh...because of supply and demand, and the possibility of making a killing in futures and shorts?
Did you not see this coming?
can you give a logical explanation why your care (and the average car in the US) has such a bad gas mileage?? there is no excuse.
The average care...poetic.
You've used too much gas. Simple.
Yurpean mags are laughing so hard they can't even be bothered to type a condescending message like "silly murkans, gas has been $8 a gallon here for the past 20 years!"
The weak dollar has caused the price per barrel to go up?
Its kind of odd how out of touch some people are.
Speculative activity along with good old fashioned Demand for oil > supply for oil. Gas comes from oil. Price of gas has risen.
For fucks sake, this has been predicted for years. And rest assured, this is only the beginning.
Why do people seem so surprised?
Real quality of life wont fall that much because there is so much surplus fat in society that can be removed from daily life. Problem is, lots of people make their mortgage payments by selling you this fat.
Society has been way in excess of sustainable consumption of junk and fat for a long time. Now, driven by fuel costs, equilibrium and normalcy will return. Many people wont like that that means.
And guess what, its rising on other countries as well you know. So are food prices.
It's not just the oil price. We also haven't built any new refineries in the US in decades.
He's pissed because he just bought an 07 Tundra, and a 08 Ski-doo sled, and doesn't shoot enough full-time, and definitely doesn't help his friends out enough.
My favorite is the ULSD upgrade they just did at BP Cherry Point 3 years ago. Now that its finally online, they feel its okay to pass that expense along to customers while they reap windfall profits. Today, one year ago, diesel was $3.01 in Whatcom County. Now it's $4.75. Shit like that just "doesn't happen".
Blame Canada!
As a country they are our single biggest supplier of foreign oil and in 2004 $1 US was worth about $1.4 Canadian, and now it's about even.
I'm always surprised how this is never mentioned in the media.
Oh, and blame Mexico while you're at it since they are our second biggest supplier.
I know it's logical that we would import as much oil as possible from our nearest neighbors, but it's interesting how the US government and media always blames "the Arabs" for the price of gas rather then face the fact that we are greedy pigs wallowing in the shit created by our failed energy policies and now Canada and Mexico are reaping the big profits created by our stupidity.
http://www.slate.com/id/2191491/
You're not paying enough.
Not that I disagree with anything mentioned above, but gasoline isn't even that expensive when checking against historical prices.
Seems not long ago A barrel of oil was 60$ and a gallon of gas was 2.50?
Now Oil is 120+++ per barrel and gas is 3.89$
I think were are in for a rough ride. I don't see it going down.
Shame that is my part of the world No GAS = No life. Many are going to have to make some serious lifestyle changes to survive.
I don't like it, but ???
I am unemployed live in the boonies (NO Public Transit for 10 miles) and the Jeep has a 1/4 tank right now. Talk about feeling trapped.
When working I probably would not give a shit about the 80$ fill-ups.
Right now it costs 40$+ just in gas to drive to a spot to tour so I can't even do that while I have all this free time.
Sell Touring equipment for gas and Morgage????
Quote:
Originally Posted by MTT
Heads up. It hit $133 yesterday.
We're not in for a rough ride, we're in for a royal reaming.
I'm starting to feel like if I go down to SA, I'll be sailing back.
You make me tired.Quote:
Originally Posted by Gunder
In the same boat as Gunder, just got a 3/4 ton pickup, and 800cc sled.
Seriously though, like BakerBoy said, compare prices a year ago to today, or even pre 911 vs today. Sure, the middle east is a large supplier of oil, but what about alberta (athabasca tar sands, yes it costs more to refine and extract but I'm pretty sure its one of THE largest reserves in the word)? Or Texas? Or offshore like hibernia? There's lots of oil, and yes, demand has gone up but not enough to justify the current cost.
I think oil companies realized after "ZOMG 911, NO MORE OIL FOR ANYONE!" that they could hike prices, and people will still pay, we all need gas, we're not going to stop buying it... and they got greedy and continued to hike prices. I'm sorry, but for example after Katrina there was a huge hike in oil prices... sure enough there are refineries in texas but what about the other 90% of refineries around the world? WHAT THE FUCK.
I can recall gas here in Canada costing 0.50 per Liter back in my childhood. (Yes, not that long ago.) And suddenly its 1.35-1.40$? Please explain how you can triple the cost in less than 15 years?
And no, I'm not about to get a smaller truck or stop sledding, it just means I'll be cramming even more people in the truck when its comp season. I got a crew cab for a reason. (More room to sleep, har.)
Care to justify?Quote:
Originally Posted by GoNads
That doesn't exactly invite sympathy, although I won't pretend I can't see where you're coming from.Quote:
And no, I'm not about to get a smaller truck or stop sledding...
Its to the point where I get excited when its under $4.20 a gallon for premium.
I remember paying .99 for regular in Rock Springs, WY in 1996. :-)
World petrol consuptionQuote:
Originally Posted by GoNads
http://generationsfutures.chez-alice..._1965-2003.gif
Per capita
http://generationsfutures.chez-alice..._tete_2003.gif
Increase between 1965 and 2003
http://generationsfutures.chez-alice..._1965-2003.gif
There are 1,330,044,605 chinese. And 33,212,696 Canadians. I suggest you get yourself an efficent vehicule...
Get a summer vehicle if you don't want to give up your truck. A motorcycle or a vespa that gets better gas mileage. Most of you guys live in the burbs so telling you to walk or take public transportation won't help.
Fuel costs are going to continue to rise.
American gasoline is dirt-cheap compared with gas in other countries. British motorists are currently paying about $8.38 per gallon for gasoline. In Norway, a major oil exporter, drivers are paying $8.73. In 2007, out of the 32 industrialized countries surveyed by the International Energy Agency, only one (Mexico) had cheaper gasoline than the United States. Last year, drivers in Turkey were paying three times as much for their gasoline as Americans were. The IEA data also show that in India—where the per capita gross domestic product is about $2,700 (about 6 percent of the per capita GDP in the United States)—drivers have been paying more for their diesel fuel and gasoline than their American counterparts.
$4? You're not paying enough.
No offence, but buying a 3/4 ton truck in times like these lacks both a finger on the here-and-now pulse and foresight for the obvious days ahead. Follow Brkln's advise.
Or better yet, I'd be selling the big truck soon, or else its depreciation through oversupply of second hand vehicles flooding the sellers pages of the newspaper will be rather nasty, all on top of 4.50 a gallon. Cant find a buyer for it, cant afford to fill it. Let it rust. A common scenario after a boom. You see evidence of it all over the place in Japan: bubble times... massive excess... bubble bursts... huge over capacity that's too expensive to maintain/no customers... infrastructure cant be sold off because no one afford to run it. So it rusts. That's why I can buy a massive 20 bedroom hotel in my town on a 1 acre block for... $200,000. It is relatively worthless because its the left over capacity from an excessive bubble. Like 3/4 ton trucks will be (when owned for leisure or amusement)
Phillipe's data should make you go pale (or start a big war) and Roo's comparative assessment is right on the mark. $4 is still well below equilibrium.
Its not just happening in America, but America will feel it the most. And the pain from filling yer tank will be small relative to the pain at the supermarket checkout (and housing slump + credit squeeze + stagflation + dying USD). Sorry be so negative.
Whilst everyone was bubbling on about Global Climate Change, they forgot about Peak Oil. Its fucking horrendously scary.
A gallon of gas is around 5.7 E in France. That's close to 9$... (if I got my conversions right)
The strong Euro has been a blessing for our energy bill.
Of course, my commuter 125cc motorbike averages 80mpg...
You haven't stopped to consider that the ULSD mandate from the government has created a fuel which is considerably more expensive to produce, and those "upgrades" are measured in the hundreds of millions of dollars, have you?Quote:
Originally Posted by BakerBoy
Profits go to exploration. More domestic exploration leads to lower domestic prices, because you cut out the middle man, OPEC. So, drill at home, or stop whining.
awww, poor you all, gas is expensive.. go buy even bigger trucks and see if that changes the situation.
I love my 3/4 ton truck and will continue to run it, at a $120 a tank it would be silly to get rid of it;) and as of recently I have also found a love for my $8 thrift store road bike-JC Penny Speedracer Addition-seriously that is what is printed on the bike and it's banana yellow.......who wants to touch me.
wtf are you complaining about.. we pay $9/gallon in the Netherlands..
I'd like to see what kind of payload you get with anything less than a 3/4 ton. Like I've said before, hate on trucks, snowmobiling etc. I do walk, bike most places, and I carpool to most comp sites, but seriously... I'm not ready to give up snowmobiling and jump on the granola bandwagon. As far as I'm concerned flying, china using coal as their primary source of electricity and cow shit is way more concerning than my truck which I happen to use for work. Please, tell me... where am I going to put my sled, my roomates sled, 6 people and months worth of gear in a "fuel efficient" mid sized sedan?Quote:
Originally Posted by Hohes
Gas prices do NOT need to be this high. Check the profit margins for large petrol companies. Alberta for example is doing MORE than fine... with their primary source of income coming from petrol products. Hello surplus.
You gotta do what you gotta do. If its sled, then go for it.
As for gas prices, it will turn into a bubble through speculation and yes that will drag prices higher than fundamentals dictate. But for the moment its reasonably situation normal. Prices seem fair to me.
I'd expect oil companies to be making mega bucks. After all, they are selling the most valuable commodity on Earth to an ever increasing customer base. Good work if you can get it.
Consider this: it costs money to find new oil, and we're not doing it here. In the last 5 years, BP America has reinvested $31.5 billion from profits into exploration and production, however such exploration and production is so limited in this nation that many of those profit dollars made in the US are being spent elsewhere.
Thank you for your highly informative contribution to this thread. You remind me of the mural on the ceiling from one of the sled cabins up the duffy. "Die MEC-y die!"Quote:
Originally Posted by keksie
I have my priorities in life, you have yours. I hope I you can fit all your skis, bikes, sled, camping gear, and the rest of the toys in your smart car. Oh yeah, and the rest of your family/roomates/friends too. Even if my mileage is 20% worse than yours I can still carry 6 passengers AND all their gear.
We crammed 6 people into my friends truck for the canadian bit mtn champs this year, and spent all of 40$ in gas each going 1500km and we didn't flip the ride like others in smaller, more "fuel efficient" vehicles. Let us not forget that most ski resorts are in MOUNTAINOUS ranges with WINTER conditions.
Point being, you chose to spend your money on your white picket fence, I chose to spend mine on my skiing 'career', which just so happens to involve lots of driving (30,000km this winter) in hazardous conditions (4/5 people in my house were in flipped vehicles in the last year en route to comps)
Gas prices have almost tripled. Yes, consumption has also gone up but I HIGHLY doubt it has tripled in the last 10 years.
The Athabasca Oil Sands are a large deposit of oil-rich bitumen, or extremely heavy crude oil, located in northern Alberta, Canada. Together, these oil sand deposits cover about 141,000 square kilometres (54,000 sq mi) of sparsely populated boreal forest and muskeg (peat bogs) and contain about 1.7 trillion barrels (270×109 m3) of bitumen in-place, comparable in magnitude to the world's proven reserves of conventional petroleum.
With current technology about 10% of these deposits, or about 170 billion barrels (27×109 m3) are considered to be economically recoverable at current prices, giving Canada oil reserves second in the world only to Saudi Arabia. The Athabasca deposit is the only large oil sands reservoir which is suitable for surface mining.
...at current extraction and with projected consumption rates this reserve is estimated to last 170 years.
I can understand a slow and steady increase that goes up with inflation or demand, but using 9-11, Iraq and Katrina as excuses to jack the price astronomically doesn't make sense.
I'm willing to pay more to play harder, as long as its justified. Oil companies are racking in RECORD profits, I love how most people on here are so quick to jump on the "its your fault, get a hybrid" bandwagon. Might as well stop eating red meat, did you know cow shit is even worse than my sled?
Its Gods way of telling you that unfortunately your chosen devotion requires too much driving. He's a cunt like that.
9-11, Iraq and Katrina haev little to do with gas price... It has risen steadily outside the NA as well. It's mostly just about demand, do you realize that gas demand in China has increased quite a bit lately... And that they also like big cars. What drives the prices up, is also the fact that all estimates clearly state that demand in India and China will continue to rise steadily if not infact exponentianally...Quote:
Originally Posted by GoNads
Funnily enough, I seem to recall that in fact oil comps ain't racking that big profits when compared to other industry fields.Quote:
Originally Posted by GoNads
"Funnily enough" I can remember quite clearly oil prices soaring .20 or more RIGHT after 9-11 and Katrina.Quote:
Originally Posted by hemas
I also stated in above posts that yes, demand in China, India is rising, but I highly doubt that is enough to cause a doubling in gas prices in the last 10 years. I could understand a steady increase, but hell, how the fuck does gas go from .70/L to 1.40/L in ten years? Are you trying to tell me that oil consumption world wide has DOUBLED? Not going to lie, I don't know the figures but I'd be willing to bet that it can't be anymore than 20% increase. How the fuck would that result in prices doubling?
As for oil comps "aint racking that big profits" I seem to remember alberta giving back 400$ to every man woman and child due to unexpectedly high oil revenues in 2005. Think profits, think BILLIONS.
Hum, GoNads, we have MOUNTAINOUS ranges with WINTER conditions in yurp too. And pro skiers.
We don't have 6 liters trucks.
How do we do ?
Your life choices involve the burning of huge amount of oil. More power to you.
But stop blaming the hippies or the oil companies or both for the financial conscequences of your lifestyle.
Just keep in mind that, sooner or later, every chinese will want his own 3/4 ton chevy too.
I believe keksie and 4 others have ridden in a golf wagon with all of their gear :tongue:Quote:
Originally Posted by GoNads
Most of his gear and friends seem to fit in fine on the train or bus to go skiing.Quote:
Originally Posted by GoNads
>"Funnily enough" I can remember quite clearly oil prices soaring .20 or more RIGHT after 9-11 and Katrina.
Futures trading. A hedger or speculator see a hurricane hit the oil producing gulf, or a oil producing nation get bombed.... and understandably assume that supply will be limited for the short term at least. So they buy, thus pushing up price. Its perfectly normal immediately after such an event. Orange Juice prices go up if yo get a freeze in CA as well.
Long term, hurricanes etc have little impact on price, that's what Hemas was saying.
I hate to break it to you, but $4 a gallon is based on oil prices a few weeks ago. They have increased a shit load since then. Fill up now because its going higher.
I think Katrina did have an effect on prices because of various production facilities in the gulf of mexico that were affected by the storm
Hmm. this should give ya a good read... http://wolf.readinglitho.co.uk/mainp...nsumption.htmlQuote:
Originally Posted by GoNads
Chinas gas consumption has more than doubled during the last 10 years or so...