Fuel Prices [Archive] - Diesel Place : Chevrolet and GMC Diesel Truck Forums

: Fuel Prices


tbone
09-14-2004, 05:12 PM
I know fuel is high every where, but here in Texas I just paid 1.96 a gallon I dont know how these trucking copmaies are making it . I have a small delivery service only three trucks fuel is now 750.00 a week. Please send some email to your state and cong reps. Let them know that this stinks nationwide. The oil companies and showing all time high profits while wee take it up the ass. Thanks

4x4man
09-15-2004, 10:00 PM
Sadly I don't think there will be much relief in site. At the rate fuel prices seem to rise, soon biodiesel won't seem that expensive...

snoman
09-16-2004, 12:37 PM
Sadly, it is but the tip of the iceberg too. World oil consumption is at a all time high. Less than 2 years ago Opec was exporting about 20 million barrels a day (officailly) and they are now at 26 MBD. It will only get worse as Opec is near their max capacity now. THe future for fuel prices does not look good. Current oil futures has oil above $40 a barrel until atleast Jul 2005. Edited by: snoman

0lee
09-19-2004, 08:00 AM
Well, we pay about $1.20 per _liter_. 1.96 per gallon would still be a very nice price ...

snoman
09-19-2004, 08:23 AM
Well, we pay about $1.20 per _liter_. 1.96 per gallon would still be a very nice price ...


I agree but I think it is only a question of time before fuel prices in the US get closer to the prices they have long paided in parts of europe.

JJs DuMax
09-19-2004, 10:25 AM
Gulp! My recollection is the prices in Europe are twice as high. http://www.dieselplace.com/forum/smileys/Cry.gif Well, my 1 ton, bubble butt dually, 4x4 diesel beast still gets better mpg than the 1/2 ton Chevy Avalanche I traded so I can still justify the trade-in to Mama JJ! http://www.dieselplace.com/forum/smileys/HiHi.gif Wouldn't want her to make me take it back, JJ's in love http://www.dieselplace.com/forum/smileys/Heart.gif, and she better not make me choose? http://www.dieselplace.com/forum/smileys/HiHi.gif


Hang on for the ride boys, its going to get interesting! http://www.dieselplace.com/forum/smileys/HiHi.gif JJ

snoman
09-19-2004, 12:19 PM
If it turns out to be a cold winter in US, diesel prices can get very bad this year because heating oil stock piles are lowest they have been in years and #2 heating oil and #2 deisel are basically the same product so it will skyrocket when heating oil does. This has little if any effect on gas price though...Edited by: snoman

Max Owner
09-19-2004, 11:27 PM
Help save the price of diesel..... buy more firewood.



Prices are B.S. How can the price go up just before the weekend by 10 cents? Then slooooowly dwindle down before it goes back up for the next weekend?


But people like paying it, so no one does anything http://www.dieselplace.com/forum/smileys/Clap.gif

snoman
09-20-2004, 06:12 AM
Help save the price of diesel..... buy more firewood.



Prices are B.S. How can the price go up just before the weekend by 10 cents? Then slooooowly dwindle down before it goes back up for the next weekend?


But people like paying it, so no one does anything http://www.dieselplace.com/forum/smileys/Clap.gif

You can blame a lot of the reason for sudden jumps on the "middlemen", the ones buying and selling oil futures on the stock exchange. In my opinion they do not even need to be in it taking a cut but they are on every drop or oil and fuel and when they decide to "buy" and drive prices up for riase there middle man profits they do. Big gas chains get greedy to. We have a lot of trouble with the Speedway chain here. They have a major market presence here and can drive prices up at a whim when they want to but they have no refineries so all of there fuel is bought on open market which the stock trading greatly influences.

dmaxfan
09-20-2004, 01:08 PM
I have heard the supply and demand talk so much that my a$$hole could recite it. All it is is they need an excuse (war, demand, supply, ect.) to make more money-PERIOD. If cars got 200mpgs they would charge 7-10 dollars a gallon. They will keep raising the prices if they know you will pay it. There is nothing that can be done. The oil companies pad politicians pockets with tax free "contributions" so I really don't think talking to a representative will do much if any good.

gearhead
09-20-2004, 02:13 PM
[QUOTE=Max Owner]Help save the price of diesel..... buy more firewood.



Prices are B.S. How can the price go up just before the weekend by 10 cents? Then slooooowly dwindle down before it goes back up for the next weekend?








I see they play those games up there too!

0lee
09-20-2004, 03:26 PM
> I agree but I think it is only a question of time before fuel prices in the US get closer to the prices they have long paided in parts of europe.

Most of what we pay is taxes :( We pay more for the tax on the fuel than for the fuel itself :(

Did you know that Germany alone earns more money from the taxes on fuels than the whole OPEC earns from selling all the oil?

The result of those taxes is a great deal of unemployment, but nobody in Europe would admit that.
Edited by: 0lee

snoman
09-20-2004, 04:02 PM
Yes this is true on the taxes but it is my understanding that your taxes in europe in general are more consumption based than income based. Here it is more income bases and it generally sucks too as it favors the wealthy. Our current admin is wracking up debt at a record pace and tax breaks has not helped it. Personally I would like to see a 50 cent or more extra fuel tax here (that will raise some hair) as long as it was linked to a income tax cut because atleast with a fuel "tax", everyone pays it rich or poor and you can control it somewhat by what and how you drive. I am worse off now after our tax cut than I was before because, local, state and school taxes have jumped far more than the break. Edited by: snoman

dalwolf
09-20-2004, 04:23 PM
I guess that I'll be riding the Harley more often to work.

Max Owner
09-20-2004, 05:58 PM
Its gonna keep getting worse. Oil companies are getting rich now, because they know their days are numbered. There is a prediction that the oil companies will start drilling for oil in Yellow Stone National Park. Thats how bad things are gonna get. More wars will be fought over oil, in the comming future. If you don't like the war in Iraq, now.....

I wish people would stop doing nothing about it. Power to the masses.

snoman
09-20-2004, 07:29 PM
Its gonna keep getting worse. Oil companies are getting rich now, because they know their days are numbered. There is a prediction that the oil companies will start drilling for oil in Yellow Stone National Park. Thats how bad things are gonna get. More wars will be fought over oil, in the comming future. If you don't like the war in Iraq, now.....

I wish people would stop doing nothing about it. Power to the masses.

There would be so little oil yeilded, it would not even be worth the trouble. We need to use it more wisely than just use more of it. My son has the right idea, his first car is a old Toyota Tercel they were are fixing up fo him. I had a bad motor when he got it from neglect and we found another engine for it in a bone yard for 200 bucks. It runs great and get close to a honest 40 MPG when we test drove it a 150 miles this weekend with A/C on and you can fill it up for 20 bucks still!

Max Owner
09-20-2004, 10:45 PM
I doubt if most people could conserve, in this day and age.

DEFINITE007
09-21-2004, 03:34 AM
I DONT SEE PRICES COMMING DOWN UNTIL PEOPLE ARE READY TO STAND UP AND QUIT PAYING.AS LONG AS THE OIL COMPANIES CAN MAKE THIS KIND OF MONEY WITH LITTLE MORE THAN A WHIMPER FROM US THERE GOING TO RAKE IT IN AS LONG AS THEY CAN GET AWAY WITH IT.SOMEBODY TELL ME AGAIN WHAT DOES OUR GOVERN----MENT G-O-V-E-R-N-----MENT DO.FOR US?...OH I KNOW THEY KEEP US IN DEBT SO WE HAVE TO WORK CONTINUALLY AND THEY IMPOSE FINES AND PRISON SENTENCES ON US IF WE SPEAKE OUT AGAINST THEM,OR POINT OUT THEIR CRIMES AGAINST THE PEOPLE.OH AND THEY GIVE AWAY AND SELL OUR LANDS TO PAY FOR THE DEBTS THEYVE CREATED,WITH BAD BUDGETTING,AND THEY LIE TO US CONTINUALLY.OH AND THEY KILL INNOCENT WOMAN AND CHILDREN WITHOUT ANY APPOLOGIES.AND THEY TAKE PAYOFFS AND BRIBES,THEY TELL US THERE ARE ELECTRIC SHORTAGES,AND GAS SHORTAGES,OH BUT THERE IS NOTHING THEY CAN DO ABOUT THIS PROBLEM OF FUEL BEING SO EXPENSIVE.THEY HAVE CRIED WOLF TO MANY TIMES TO BE BELIEVED.IF WE ALL STOP BUYING IT THIS WILL STOP.IF WE BOYCOTT ONE FUEL STATION LIKE EXON THIS WILL CHANGE.OH NO NOT A SORE SPOT WITH ME!!!SORRY IF IM RANTING.

snoman
09-21-2004, 06:39 AM
I doubt if most people could conserve, in this day and age.

Actual they could big time. How many higher MPG family sedans and mini vans have been replaced by thirsty SUV's (that are more prone to flip to in a accident)and extended cab P/U's??? How about the tens of thousands of drive throughs that waste millions of gallons of gas every day because people are too lazy to get out of car. I have a few big pieces of iron here but we also have a few cheap to feed 4 cyl cars used for comutting and most errands. Yes the oil companies are making a profit but it is the oil producing countries that are laughing about our love affair with big iron all the way to the bank.

dmaxfan
09-21-2004, 09:33 AM
Even if people would conserve or cars got 200mpg they would just find another excuse to raise prices. Basically we are screwed. The companies that control the oil, control us and they know it.

snoman
09-21-2004, 11:32 AM
Even if people would conserve or cars got 200mpg they would just find another excuse to raise prices. Basically we are screwed. The companies that control the oil, control us and they know it.

It is not the oil compaines per say though, if thye have to pay about $45 a barrel for oil (current prices and there is 42 gallons in a barrel of crude) it is going to cost you to use it. At that price there is more than 1 dollar of crude alone in a gallon of fuel. Everyone wants to blame somebody besides themselves. The oil companies are no saints but we give them the ammo to do it. Oil imports are at a all time high and growing and Opec is at close to maximum capacity (they are pumpimg 30% more than 2 years ago) Do the math, the clock is running and time is running out. It will only get worse unless people as a whole change their ways. Current admin with ties to Oil is pushing big iron and big fuel bills not conservation. One of the first things Bush did in office was to set a new lower Federal standard for central AC/heatpump units (SEER 12 instead of 14 or higher) so more power plants will have to be built to power them and he is even encouraging the use of oil and natural gas to power them (oil company interests he must protect)even though they are in short supply and not coal which we have at least a 300 to 500 year known supply of and the largest in the world but big oil has no control over. Having a oil man in white house at a time like this is like having the fox watch the hen house (enough of the soap box) No, we do not all need 60 MPG boxes to drive but we do not need 13mpg SUV's to buy groceries or to commute to work with either. We need to be somewhere in the middle but they will not do it as a whole until it hits them in pocket book big time. I have always had at least one 4cyl in the household for the last 25 years and currently have 2 and the big iron sits more than they run when they are not really needed.

dmaxfan
09-21-2004, 12:24 PM
Snoman, I agree with just about everything you said. All that I am trying to say is the prices will go up no matter what. There has been terrorism over in the middle east for many years. Now they want to use it as an excuse to raise prices. Oil companies are showing record profits too. So what can you do? You can try to conserve, but they are not going to lose (profit) money. Why only make $200 billion when you can make $400 billion? You better believe they will raise prices if you do or don't conserve. I don't care for Bush or Kerry, but no matter who is in there, there will be "contributions". They will do anything possible to stop an alternate fuel from being produced. With the technology that we have today you would be neive if you don't think someone can come up with an alternate fuel. Car companies were talking about fuel cell technology then you never heard anything else about it. They are basically untouchable. Can you say "Legal Mafia"?

snoman
09-21-2004, 01:02 PM
I think Hybrid cars that capture and recycle braking energy have a lot of future, especailly in commuter traffic. Through in a dmall and very efficent constant speed diesel to power a generator for batteries and traction motors and it could be quite a package. Heck I can remember paying as little as 22 cents a gal for pump gas and thinking 30 cents a gallon was to high. I drove to florida in 1973 omn a extended trip for a month and never paided more than 29.9/gal for gas the whole time I was gone!

Max Owner
09-21-2004, 09:33 PM
Boycott the two biggest oil companies in Canada, and the U.S. Their profits drop off, they have to drop their prices. Then the rest have to follow.

Simple?

Max Owner
09-21-2004, 09:34 PM
And if people say it can't be done, won't work......QUIT YOUR BICHIN!

snoman
09-22-2004, 06:20 AM
Boycott the two biggest oil companies in Canada, and the U.S. Their profits drop off, they have to drop their prices. Then the rest have to follow.

Simple?

You need to boycoot OPEC to get price down but that will never happen as the US has too big a love affair with oil. When oil companies are paying a little more than a dollar for the crude in a gallon, throw in about a 25 to 30 cent cent a gallon markup for profit and processing, another 10 to 15 cents for middleman and then local taxs and you have current price. Also, gasoline and diesel future for the month of October were both trading at about $1.29 per gallon.(before middleman and local tazes) You want to pick on somebody, pick on the sepeculators in the stock market that profit from the trading of fuel futures for profit before it even gets to the consumer

dmaxfan
09-22-2004, 08:54 AM
And if people say it can't be done, won't work......QUIT YOUR BICHIN!


It sounds like this is directed at me and if it is then I want to see you go for a year without using an oil product. Walk to work. Carry groceries in your arms to your house there in Canada. Use the firewood that you were talking about. Can't do it can you. No one can, but you go ahead and try. By all means one man can make a difference though, try it. I bet with you boycotting, the price in you area goes down $.35 a gallon.http://www.dieselplace.com/forum/smileys/Clown.gif You really can't get anyone to stand together nowadays.


Oh and by the way you are BICHIN just as much if not more than anyone elsehttp://www.dieselplace.com/forum/smileys/Embarrased.gif


On the local news this morning natural gas is projected to be 20% higher than they projected last year. They expect bills to run $100 on average in AR. Is other states having the same issue? Is it going to be more or less than 20%? I am sorry if I am hijacking this thread, It is not my intention in any wayhttp://www.dieselplace.com/forum/smileys/Big Smile.gifEdited by: dmaxfan

Max Owner
09-22-2004, 10:28 AM
Directed at everyone who complains. I've come to the conclusion that fuel prices are one of the biggest farces going. Goes up, just before every weekend. Slowly dwindles down, before going back up for the next weekend.

Why doesn't it go up, and stay up? Goes up 10 cents a litre, or gallon at a time? Oil companies posting record profits?


But when you buy water, I believe you pay over a $1 per gallon. We pay about $1 per litre of water. Sad because we can still drink our tap water.



<font size="6">???</font>

P.S. I don't have a fireplace. Couch that may be flamable. Do plenty of walking for exercise (which I need) and my truck has sat 11 days (at longest stretch) because I had no where important to go.

P.P.S. Why can't a boycott work. Its simple enough. Just need to pick two companies, and Start spreadin' the word.....

No hostility directed to Dmaxfan.

Max Owner
09-22-2004, 10:31 AM
Snoman; How would you be able to boycott OPEC? They control everything (I beleive) and are pretty untouchable. No way around them?

dmaxfan
09-22-2004, 10:45 AM
Cool Max Owner, and I apologize,http://www.dieselplace.com/forum/smileys/Hug.gif can you explain how boycotting the 2 largest will get the prices down. I see somewhat as to what you are saying, but the smaller ones will start receiving record profits then they would start raising their prices too....wouldn't they? I don't know how you would boycott OPEC.http://www.dieselplace.com/forum/smileys/Ermm.gif


P.S. Most people don't have fireplaces, that is what I was trying to say. I do, but it is a gas one-basically just for looks.


P.P.S. I sure do miss my all electric old house.http://www.dieselplace.com/forum/smileys/Cry.gif

Max Owner
09-22-2004, 11:02 AM
Well Theory is....two largest companies sales drop off. At some point in time, the two big ones have to lower prices, to draw business back. If the two big places are selling at a lower price, people fill up at them. The other places will have to follow suit, to avoid loosing too much business.
Now this would have to be an ongoing thing. Once people started using the big guys again, the price would go back up. Start over again.
I think it could work. Just not sure if there is a way it could backfire on the consumer.

Any thoughts?

dmaxfan
09-22-2004, 12:06 PM
Edited Edited by: dmaxfan

dmaxfan
09-22-2004, 12:21 PM
The only backfire that I can see is the small ones raise their prices, and the big ones stay firm with theirs because there will still be people buying fuel at the big ones......but maybe it will work? who knows


I do know one way that will work. Robin Williams had a great plan, He stated this " The US will make a strong effort to become self-sufficient energy wise. This will include developing non-polluting sources of energy but will require a temporary drilling of oil in the Alaskan wilderness. The caribou will have to cope for a while.


Offer Saudi Arabia and other oil producing countries $10 a barrel for oil. If they don't like it, we can go some place else. They can go somewhere else to sell their production. (About a week of the wells filling up the storage sites would be enough.)"http://www.dieselplace.com/forum/smileys/Clap.gif

snoman
09-22-2004, 03:00 PM
Snoman; How would you be able to boycott OPEC? They control everything (I beleive) and are pretty untouchable. No way around them?

By parking big iron in masses and using less fuel. You can boycott Big Oil all you want but they are buying it today for 47.10 a barrel for October delivery (42 gallons in a barrel and #2 oil for october deleivery is up 5 cents from yesterday to 1.35/gallon now (that is before middle man and local taxes) so given current price of crude big oil is making about 25 to 30 cents a gallon for shipping of crude, processing it, storing products from it and delivery which is reasonable in todays economy. They cannot cut prices 30 cents a gallon while paying $47 a barrel. Two years ago oil was $22 dollars a barrel. I have no love for oil companies but you have to look at the real cause of problem here, supply and demand and OPEC has the drivers seat currently until we change our ways. One good thing that came out of 9/11 (and not to mock it in any way) is that when airlines were grounded and then on reduced flying for a long time, there was a glut of oil on market for reduced demand and price were good for a while but those days are behind us now. Edited by: snoman

Max Owner
09-22-2004, 05:04 PM
Well, trying to get everyone to cut back would be tough. Some people make good money, and it doesn't bother them.

Boycotting the big guys might send a message. Certainly cut into their profits. Better to make some money, than go out of business. Not likely go out of business..... Better to make some money and survive.

I can't seem to swallow all this crap. Somethings gotta be done.

With the internet, it is not tough to reach the masses of people. Just need a plan, and a few people to start the ball rolling.

0lee
09-22-2004, 05:06 PM
Yes this is true on the taxes but it is my understanding that your taxes in europe in general are more consumption based than income based. Here it is more income bases and it generally sucks too as it favors the wealthy. Our current admin is wracking up debt at a record pace and tax breaks has not helped it. Personally I would like to see a 50 cent or more extra fuel tax here (that will raise some hair) as long as it was linked to a income tax cut because atleast with a fuel "tax", everyone pays it rich or poor and you can control it somewhat by what and how you drive. I am worse off now after our tax cut than I was before because, local, state and school taxes have jumped far more than the break.

Well, I can only tell it for Germany, as taxing incomes, fuel and cars is much different from country to country.

Taxes in Germany are based both on income and on consumption, with VAT on default goods at 16%, 7% (I think) on food. More income means having to pay more taxes, more insurance (health, unemployment). Taxes on energy, like fuel, heating oil, heating gas, electricity are seperate, and they are ridiculously high.

Extra fuel tax makes everything worse, as everybody would have to pay it ... Some years ago I calculated that some politician with basic income would have to spend afair about US$ 2150 for fuel each month to get to the same relation of income and fuel I was at that time! Be assured that none of them pays that much ...

If I still had the same income now, I'd have to spend 50% of it just for the fuel.

We've had a so-called tax cut this year, too, but I'm actually paying more taxes than before. Prices for other things have increased also, thus everybody pays considerably more for just everything than a few years ago.

Prices in general have about doubled with the introduction of the Euro currency, and Germany has become one of the most expensive countries in Europe.

There are almost no things left you can spend money on, even if you have it: The relation between what you pay and what you get for you money is totally out of balance.

Max Owner
09-22-2004, 05:29 PM
Same as over here. Canada. Hurts the economy, with all the taxes. No one can afford to buy things. Industry starts to slow down. People out of work.....

snoman
09-22-2004, 05:34 PM
We've had a so-called tax cut this year, too, but I'm actually paying more taxes than before. Prices for other things have increased also, thus everybody pays considerably more for just everything than a few years ago.

Prices in general have about doubled with the introduction of the Euro currency, and Germany has become one of the most expensive countries in Europe.

There are almost no things left you can spend money on, even if you have it: The relation between what you pay and what you get for you money is totally out of balance.


Germanys leaders and Bush must have gone to same snake charmer for ecomonic advise. We have not converted to euro (that has to be painful) but money is worth less and overall taxes have increased big time here. I cannot afford any more of these "tax breaks".

Gradyghost
09-26-2004, 09:34 PM
Price just jumped this week!


I paid 2.20 in Conn.


and back home I paid 2.05 this evening

GMC2500HD
09-26-2004, 09:37 PM
I think is getting way out of hand... Something has to change or we will all go broke just trying to drive from place to place...


$1.90 this evening... Not happy...

Max Owner
09-27-2004, 12:31 AM
I agree with the above. If no one does anything, it will keep going up. People always push their luck until they get "put in their place"

snoman
09-27-2004, 08:20 AM
The "contract" price for crude oil for november delivery is above $49/barrel this morning. Things are not looking too good.

dmaxfan
09-29-2004, 10:38 AM
http://www.dieselplace.com/forum/smileys/smiley18.gifaround $50 dollars a barrelhttp://www.dieselplace.com/forum/smileys/smiley18.gif I said it in another post and I'll say it again, we are buying this oil at ridiculous prices due to terrorists, and what we are really doing is financing their next generation of terrorists.http://www.dieselplace.com/forum/smileys/smiley35.gif towelheadshttp://www.dieselplace.com/forum/smileys/smiley7.gif

Marbee40
10-07-2004, 03:10 AM
Oh SURE, start this topic NOW! 29 hours before I go pay humungo bucks for my new diesel-guzzling, 8000lb, killerpickup! Damn. Shoulda bought the Yugo. yep....

snoman
10-07-2004, 10:56 AM
52.60 now and while the "terroists" are contributing the the problem,
the real problem is growing usage and demand which drives up prices as
Detroit keeps pushing high profit margin Big Iron for ALL uses.

radrecon69
10-07-2004, 11:40 AM
I started a similar thread in the 6.5 forum. It is BS that we have to pay so much for fuel. I wonder how much effect this will have on our lubricating oil I pretty much use Synthetic oil in everything I own it would be interesting to see if that goes up. I retire from the military in Jan. 05 http://www.dieselplace.com/forum/smileys/smiley1.gifand was planning a trip down to the Keys for both a retirement trip and a reuniting trip for me and my wife. (been gone most of the last 10 years) but if the price of diesel and propane don't go down I may end up sitting on my big butt at home when we planned the trip we planned $1.85 and we thought that to be on the high side and now they are talking about propane going up 20% this year. We did trade off my wife Blazer for a 4 cylinder car that gets about 25-30 mpg but hell it take a 20 dollar bill just to fill it up I agree that something has to be done I remember reading several years ago about a company that was able to convert coal into fuel ever wonder what happen to that what happen to the use of corn as fuel alternative? well I am done ranting


Rickhttp://www.dieselplace.com/forum/smileys/smiley5.gif

snoman
10-07-2004, 11:58 AM
It is not really BS, the BS part is how little we paid for it in the
past as because every where else in the world, (except arab OPEC
contries) it has long cost a lot more. The artificailly low price that
we paid for years set the "addiction" to it and now it is costing to
maintain the habit. $2 a gallon gas if here to stay more or less and
give it about 2 ot 3 years and it may be $3 a gallon. I have some big
iron here but they are not used much and I keep them a very long time
to (the newest is 5 years old and the oldest 25 years old) Most of my
running now is smaller 4 cyl vehicals when the big iron is not needed.
I will be adding another "rice eater" next year. Change with it or pay
the price as there is nothing you can do about it otherwise.

403turbo
10-08-2004, 03:15 PM
The oil market in this nation is the most realistic market in the world. The government does little to influence the price, the European oil prices are so high not because their market is more real but because their taxes on fuel make ours look like nothing. Do you really think that China pays $2.25 a gallon for fuel?


Right now in upstate NY I am paying $2.25/gallon for #2. Why? Ny taxes is one but the overall price of fuel is higher not because of a real fuel shortage, but because of a FEAR of fuel shortage. China and India are going through an industrial revolution, they are sucking up more and more of the world supply everyday. That is driving prices up some. The hurricanes in the Gulf of Mexico damaged or destroyed some production and transportation facilities, that is contributing to the fear factor that is in turn driving the market up and up in the US.


Don't think for a second that all the oil producing nations are not going to find a way to pump every friggin drop of oil that they can get to cash in on $52 a barrel oil. That is the natural balance in the market, OPEC tries to limit production to drive up the price. As soon as the price gets high enough all the countries start to cheat on the quotas so they can make more money, hence the market floods and price drops.


It will happen here as well. If not we uncork the salt domes 5000 feet underground and dump a million barrels a day into our system and temporarilly short circuit the market. The strategic reserve is a 10 foot long lever in the politics of oil supply/pricing. Just threaten to use it and the price will drop in anticipation of a lack of demand. Your talking hundreds of millions of dollars a day, stuborn people get reasonable real fast when that happens.

skoryaro2
10-08-2004, 03:38 PM
Why isn't the trucking industry screaming louder. I remember in
years (many years) past that the truckers were picketing, causing x-way
bottlenecks and every other thing they could think of to protest.
Just seems like they have been pretty quiet on the issue.

snoman
10-08-2004, 03:53 PM
Screaming is not going to do anything and when the fox is watching the
hen house what do you expect. Bush would NEVER do anything to hurt big
oil profits and he even signed legislation shortly after he got in
office to use the more limited natural gas supplies to power new power
plants (because Big Oil controls it too and they plan to build massive
ports to import this stuff liquidfied from our "friends" overseas too
to meet increase demand) and not coal which we have a 300 to 500 year
supply of (the biggest in the world) but outside of Big Oils
control.

403turbo
10-08-2004, 09:38 PM
Becareful there snowy. Make sure you know your stuff before you tread. Yes, the US has a huge reserve of coal.......but we will probably not get to use it anytime soon. Not because of Bush favoring oil......but because environmental regulation makes the use of high sulfur coal too expensive.


Also, the US has huge deposits of undeveloped natural gas, I know.....I am currently in negotiations to have my property added to a development cell for naty gas. The western NY sits on one of the largest Naty gas deposits in the country.


I am also an environmental engineer by education. So I kinda pay attention to this stuff.


The trend for power generation in the next 10 years will be leaning towards nuclear. Now that Yucca Mountain is authorized, nuclear is actually the lesser of all evils. Everyone is blaming the natural cycle of climate change on "global warming" . Yes, it's warming. Guess what, if it didn't happen the last ice age wouldn't have ended and we would all be very good skiers right now. Sh*t happens, your really just a brief passenger on this complex speeding rock in the universe.

snoman
10-09-2004, 10:25 AM
The ONLY reason that they are not using the coal is PROFIT.
Industry has long balked at ANYTHING that reduces profit ratio in the
short term which is even more stupid given the uncertainty of
future oil/gas prices and availibilty vs coal availibilty even if it
take a little more investment to use it as it can be used cleanly but
way both when you have a admin that is freindly to the "rape and
profit" energy mentality of Big Oil and to never conserve it, just
import even more of it?

Mark_my_word
10-13-2004, 03:31 PM
I'm not sure liquified natural gas transfer stations that they would need to improt it will ever be built. I live in Southern California and have seen a few attempts to go ahead with building. They want to build them reasonably close to populated areas because that is where the demand is. The problem is these are time bombs and if one of thes storage tanks or ships goes off it will go off big. Not to mention the ships they are planning on building are like mobile atom bombs to terrorists.


I agree that it is clean and efficient fuel. We should be tapping our own resources and not importing it if we have a huge supply. The problem with developing our own supply will almost undoubtedly be the tree huggers. I'm not sure why though. I'm sure drilling and pumping gas is a lot less stressful to the environment than oil not to mention burning natural gas would be a lot cleaner and you wouldn't get teh acid rain you'd get from burning coal.

snoman
10-13-2004, 03:53 PM
They are going to build them on the gulf cost and in the Carolinas last
I heard and they are build big liquidafacation plants over sea to be
able to ship it because there simple is not enough gas to be had here
to feed poject growth of natural gass use with more power plants being
built to use it.

Max Owner
10-14-2004, 12:40 AM
One thought is to use up all the middle east oil and gas first.
When its gone, they have nothing. Holding North American stocks
in reserve. In case there is a war. The U.S. will have an
independent supply.



Plus when the middle east oil is gone, the U.S. can wipe its hands of them. Let them kill each other.



My humble opinion, of course.http://www.dieselplace.com/forum/smileys/smiley23.gif

snoman
10-14-2004, 10:25 AM
The problem is that we cannot even to begin to meet our own demand.
Even if the Alaskan regge could be tapped out fully, there is less than
a 6 month supply for meeting all current needs. There need s to be some
conservation here too. You did raise a good point about tapping the
middle east out and why the embargoed Iraq since 91 on oil exports when
they have the second largest proven reserves of oil in the world (they
are about tied with Russia) behind the Saudis. THe should have let him
pump it to take the strain off of other producers back then.



BTW Oil is nearing $54 a barrel now


Edited by: snoman

Ray403Dmax
10-15-2004, 01:13 AM
They say China and other countries still need to build a stockpile of strategic oil reserve. This could easily add extra demand to the tune of a few millions of barrel of oil a day. Unless the global economy drastically slows and we change our driving habits (car pool), it's going to get worse before it gets better.

Ray403Dmax
10-15-2004, 01:15 AM
I should add... they say the solution for high oil prices is high oil prices.

snoman
10-15-2004, 07:40 AM
They say China and other countries still need to
build a stockpile of strategic oil reserve. This could easily add extra
demand to the tune of a few millions of barrel of oil a day. Unless the
global economy drastically slows and we change our driving habits (car
pool), it's going to get worse before it gets better.



Yes China's use is growing a lot and 2 years ago Opec was exporting
about 20 million barrels a day and today it is near 27 million and
about their capacity and we are also importing record amounts too.
November oil future opened at $54.71 this morning and it has climbed
higher every day this week

silvercoins
10-17-2004, 09:52 PM
. How many higher MPG family sedans and mini vans have
been replaced by thirsty SUV's (that are more prone to flip to in a
accident)and extended cab P/U's???



Hi

Those "Thirsty SUV's" aren't all thirsty. I drive mine back
and forth to work and get between 16-18 MPG in City Freeway Stop N' Go
driving. Granted it is not 25-35 MPG .. besides I couldn't drive those
cheap Roller Skates in the Winter as my body couldn't take the way that
they ride. I was driving our 99' Chev 1 Ton Dually Diesel back and
forth to work until I got my SUV .. The mileage is actually better in
the SUV than the Diesel because of the stopping and starting ..



Let's not blame the vehicles here .. it is plain Government that is
causing this Fuel Crisis and they could stop it if they want to ..

If all the Trucks in the U.S. Would Stop Running for a day or two .. Prices would come down Now !!



If the prices keep going up (we pd $2.20 a Gallon this weekend in IA
for Diesel Fuel) the price of the goods that you buy in the stores -
groceries included are going to raise like crazy ..



We also have to contend and pay for our Heating Gas (Natural Gas)
during the long winter months .. (I live North of IA - in MN) and that
is hard to take too .. Those of us in the Cold Country end up paying
twice as much ...



I hope that something gets settled soon .. as our economy can't take these prices ..

"If we sit back and just pay it - they are going to keep charging "



Take Care

Silvercoins

snoman
10-18-2004, 08:06 AM
16 to 18 MPG highway commuting IS THIRSTY anyway you cut if when there
are a LOT of commuter cars capable of 25 to 40mpg and this 16mpg
mentallity increases fuel prices and dependance on foriegn oil (OPEC
has to LOVE your views on MPG) I have 3 V8 powerd 4x4, one
I plan to restore than has seen no real use in almost a year, another,
a 89 burb that we use for vacations and it sees about 5 to 7K a year at
most now and a 2000 3500 pickup that I use for snow removal (it has
only 28k on it now) We use two 4cyl vechical for most running
around and commuting. One a mini SUV 20 to 21 in town and upper 20's on
road and the other a car will average 30 or better around town and
about 40 on the open road. My wife is in the market for another car
next year and you better believe it will be a 4 banger. Lets not forget
about all the extra green house gas that goes with those thristy SUV's
either.

ccmax
10-19-2004, 05:21 PM
16 to 18 MPG highway commuting IS THIRSTY anyway you cut if when there
are a LOT of commuter cars capable of 25 to 40mpg and this 16mpg
mentallity increases fuel prices and dependance on foriegn oil (OPEC
has to LOVE your views on MPG) I have 3 V8 powerd 4x4, one
I plan to restore than has seen no real use in almost a year, another,
a 89 burb that we use for vacations and it sees about 5 to 7K a year at
most now and a 2000 3500 pickup that I use for snow removal (it has
only 28k on it now) We use two 4cyl vechical for most running
around and commuting. One a mini SUV 20 to 21 in town and upper 20's on
road and the other a car will average 30 or better around town and
about 40 on the open road. My wife is in the market for another car
next year and you better believe it will be a 4 banger. Lets not forget
about all the extra green house gas that goes with those thristy SUV's
either.





I think you might want to consider getting rid of your thirsty vehicles and move to europe.