Reply With Quote
wow
clandestino has officially become the victim of a massive blogging attack
you're such a hypocrite, destino
i hope they lock up prisoners like you in gitmo!
I figured a savings of 15,000 miles per year on a vehicle getting 16 mpg. That's 938 gallons per year. The condo is $100,000 more expensive, which means about $12,000 a year more in mortgage payments. That means gas would have to be $12.80 a gallon in order for the switch to be worth it.
Right now gas is $2/gal on the mercantile exchange with $66/barrel oil. Let's say without taxes, we'd be talking $12.20/gal wholesale. If it's proportional, then we're talking $400/bbl.
wow
clandestino has officially become the victim of a massive blogging attack
you're such a hypocrite, destino
i hope they lock up prisoners like you in gitmo!
Uh yeah Tahoes are the problem dumbass. You're telling me that a car that gets 21 MPG is the same problem as a car that gets 35 MPG? Please. Give me a break.
You're part of the problem Hook Dem and you telling anybody to cut back on their gas usage when you're driving a Tahoe is laughable.
i'm not a prisoner dumbass!
I don't assume he was being literal.
Interesting. Plastics manufacturing petrochemical feedstocks (beneze, toluene, xylene, propylene, etc) typically don't have a very strong correlation to the price of oil (although they products of the refining process), and it is demand for those products that have historically driven the price as opposed to supply. Either this dymanic has changed at a certain price of oil, or your resin supplier is pulling a fast one on you.
Beneze, toluene, and xylene prices have actually come down in the last year. Using a proxy that I'm a bit proud (since I developed it) that we use at work, a BTX Composite barrel (15% B, 30% T, 55% X) is running $97.15 a barrel so far in the third quarter of 2005, compared to $103.26/bbl in the third quarter of 2004.
http://media.corporate-ir.net/media_...modity_815.pdf
PS... I just realize I responded to this in the wrong thread.
"wrong thread."
you can edit/delete it and post in right thread. too bad to lose a decent post amongst all the garbage.
The oil price has short up recently. How long is the pipeline before those recent high prices percolate through the pipeline to be petroleum derivatives?
When US invaded Kuwait, the price of French gasoline went up by many % overnight, but the journalists pointed out that oil bought on the day after the invasion at high prices wouldn't be sold as gasoloine for 3 months.
ie, the French govt, who charges 90% tax on gasoline, raised the price on gasoline with 3 months of cheap oil in the refining pipeline.
Last edited by boutons; 08-16-2005 at 10:12 PM.
Effect is immediate.The oil price has short up recently. How long is the pipeline before those recent high prices percolate through the pipeline to be petroleum derivatives?
How many cars get 35mpg? Your tricycle and what else? Dumbass! Why shouldn't I drive a Tahoe if I desire to do so? I'll bet I drive less miles per week than you do. Explain to me once again how I am the problem. What difference does it make what you drive when you don't drive many miles? Me thinks your young ass is eaten up with jealousy. Go back to playing your playstation and leave the adult discussion. I can always count on a personal attack from you. Maybe someday we will meet in person and then you can try that !
Gas at the pump is still crazy. It was $1.39 in January of this year, escalated quickly all the way up to $2.99 after Katrina, dropped to $2.59 before Rita, back up to $2.94 after Rita and is now $2.66! Longing for that cheap $2.00 gas.
Some relief in site?
Oil Prices Slip on Continued Low Demand
Oct 10 3:30 PM US/Eastern
Crude oil fell slightly Monday as traders weighed the approach of the Northern Hemisphere cold season against the drag of continued low demand.
Diminishing fuel demand has eased concerns about inadequate oil supplies following hurricanes Katrina and Rita _ a development reflected by prices last week that hit lows not seen since August. Still, the approaching winter in the Northern Hemisphere typically pushes prices higher.
After rising for much of the electronic session, light, sweet crude for November delivery fell 4 cents to settle at $61.80 a barrel on the New York Mercantile Exchange late Monday
Crude is off its recent high of $70.85, reached briefly on Aug. 30 after Hurricane Katrina struck the Gulf Coast. That level was still about $20 below the all-time highs reached in the early 1980s, when adjusting for inflation.
http://www.breitbart.com/news/2005/10/10/D8D5C2PO0.html
I think we'll see the gas price equalize somewhere around $2.20-2.60, depending on your part of the country... demand is falling, it has yet to be seen if Americans will have continued restraint on filling up.
Heating oil prices, on the other hand, I will expect to continue to set record highs. Demand for heating oil isn't like gasoline where people can just decide to not drive - if it is cold, people will want to be warm.
I'd like to see it level off to closer to $2.00 a gallon but that might be a pipe dream. I recall an oil minister recently stating that he thought the price per barrel would eventually level off to around $40.00 a barrel that might bring the price closer to $2.00 a gallon...?
I can deal with the higher prices but it makes it tough on those who were already struggling to make ends meet.
Two of my sons still live at home and work part-time at UPS while taking college courses, that $3.00 a gallon gas takes a nice chunk out of there $170.00 weekly take home. They do seem to be home more often and my youngest son no longer chauffers his buddies around every time they go womewhere.
Still falling...
WORLD OIL PRICES FALL
11.10.2005. 12:03:16
World oil prices have fallen on reports that there were sufficient crude supplies and on the back US refineries returning to work.
In New York, the price has dropped by four cents on Friday’s closing price to US$61.80 per barrel.
Prices in Europe fell more sharply.
In London, the price of crude for November delivery plunged US$1.05 dollars to close at US$58.16 dollars per barrel.
It had earlier slumped to US$57.82 which is the lowest level since July 28.
"The world right now is awash with crude supply," said Jason Schenker, analyst at Wachovia Securities.
Prices had initially risen on Monday, owing to a technical bounce after
heavy falls last week, analysts said.
I hate technical bounces
World oil prices had sunk to their lowest points for more than two months last week.
The drop followed evidence that the high cost of energy had curtailed gasoline demand in the United States, the world's biggest consumer.
"Several refineries, closed by Hurricanes Rita and Katrina, have also
re-started and several more are due to reopen shortly," noted Sucden analyst Sam Tilley.
Little impact in Australia
The Australian Automobile Association predicts there will be little impact on petrol prices across Australia.
Executive director, Lauchlan McIntosh, said there may be some falls in capital cities but little impact on regional and rural areas.
“It’s quite alarming that regional Australia is paying the price as price gouging continues,” said Mr McIntosh.
Price gouging is the practice of maintaining artificially high prices despite drops in world oil prices.
Mr McIntosh cited falls of up to 14 cents in Sydney over the past month but he said regional areas such as Goulburn did not enjoy the same reductions.
He told SBS online that local domestic margins remain far too high in the face of current prices, and has again called on politicians, industry and the media to review why they are being maintained at punishing levels.
http://www9.sbs.com.au/theworldnews/...22786®ion=4
Prices will fall a bit in the short term (6 months or less) for crude as facilities damaged in the hurricanes come back online.
The reason it affects Australia a bit less, is that the US production affects US prices more than Australian prices.
In the mid to long term(1-10), expect to see a very steady climb in crude prices that will exceed overall inflation rates.
Long term forcasts 10+ years get ugly.
We still have some time to do something about our oil dependence, but I am not going to hold my breath that the current administration has the vision or ability to plan adequately to do something to stave off the economic unpleasantness that the above implies.
Bush has laid out some positive vision for space exploration that I think are good, but (surprise!) has not laid out a workable plan that I have seen yet. Par for the course.
I think the best alternative for providing for energy needs will come from space-based power generation. Imagine a solar cell 15 miles wide by 15 miles tall with 24 hour noon sun, and replicating that a hundred times over.
FYI, mankind gets most of it's electricity from coal at the moment.
Hope that isn't too off topic.
And the US has a BUNCH of coal.FYI, mankind gets most of it's electricity from coal at the moment.
Our research dollars should be going to coal research - emissions reductions, fuel viability, etc.
FYI, the first Diesel engine ran on coal oil.
Last edited by SWC Bonfire; 10-11-2005 at 11:24 AM.
No, reasearch dollars should be going torwards energy conservation and renewable energy sources such as wind farms and solar energy. Coal may be cleaner than it was, but it isn't clean.
Not by a long shot.
Mopeds.
But is much more viable as an energy source than all of the wind farms and solar energy arrays that will be built in the next 100 years X 100.
Conservation will save just as much energy as coal can produce and in the not too distant future you're going to see buildings with an independent power supply due to solar power.
That would be awesome. Who woulda thought it would take this long to utilize the most powerful, constant energy source in the solar system.
Cloudy day. Oops.
It's not cloudy every day on every part of the world, even then, im sure theres a method to setting up solar capturers in space, somehow relaying that back to earth
if not then soon
Yeah, they could make a transporter beam and magically transmit the energy.It's not cloudy every day on every part of the world, even then, im sure theres a method to setting up solar capturers in space, somehow relaying that back to earth
Seriously, solar power is expensive, unreliable and electricity is not easily stored on a large scale so that it is usable at a later time - unless it comes out of the ground as a hydrocarbon, or you use the energy to pump water into a huge reservoir and take a huge hit in efficiency.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions