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Author Topic: Oil claws its way to $71 record  (Read 4377 times)

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Offline FiEND

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Oil claws its way to $71 record
« on: April 18, 2006, 12:42:50 PM »
time to fill up.  figured i'd wait to see after easter prices but think i waited long enough.

http://money.cnn.com/2006/04/18/markets/oil.reut/index.htm?cnn=yes

maybe i will fill my 2 monster gas cans.. if i can scrape up $200
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1Wide2High
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'97 TJ [sold]
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Dragonmaster

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Oil claws its way to $71 record
« Reply #1 on: April 18, 2006, 05:46:55 PM »
Great, the gas prices are already $0.20/liter higher than they were last year when oil was over $65/barrel.  How much profit do the refiners have to make until OPEC is deleted.  Why is the US paying on average $1-1.25 USD less than we are for gas with roughly the same amount of gas tax?  It doesn't make any sense.
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Jaguar

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Oil claws its way to $71 record
« Reply #2 on: April 19, 2006, 04:16:28 PM »
It's not like we make the stuff!!!..... ohh..... wait a minute.....  :shock:
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RedYJ

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Oil claws its way to $71 record
« Reply #3 on: April 19, 2006, 06:57:47 PM »
109.5 today... I still have yet in my life to pay over a dollar/L, some how I don't think ill be able to keep it up this year.
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Offline TJ54

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Oil claws its way to $71 record
« Reply #4 on: April 19, 2006, 10:41:46 PM »
Quote from: "Dragonmaster"
Great, the gas prices are already $0.20/liter higher than they were last year when oil was over $65/barrel.  How much profit do the refiners have to make until OPEC is deleted.  Why is the US paying on average $1-1.25 USD less than we are for gas with roughly the same amount of gas tax?  It doesn't make any sense.


Since I'm feeling picky tonight.
According to gasbuddy.com  US $2.84 per gallon,   can $1.10 L

1 US gallon = 3.8 L
therefore aprox.  US $0.75 liter   =can 85 cents per liter

difference  25 cents a liter   1 imp gall = 4.5 liters

Therefore  the difference is only $1.12 per imperial gallon.

Awww crap,I guess I'm gonna lose this argument :lol:  :lol:  :lol:
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I used to have an open mind but my brains kept falling out.

m0th

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Oil claws its way to $71 record
« Reply #5 on: April 19, 2006, 11:41:15 PM »
In the UK right now the avg price is 93.2p per litre which is $1.90ish.
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Offline 01sahara

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Gas
« Reply #6 on: April 20, 2006, 06:33:38 AM »
The anticipated increase in demand, due to more highway driving, as we enter the spring and summer holiday travel season will soon provide an excuse to continue to raise the price at the pump.  I noted three stations on 14th ST this morning and prices ranged from $1.06 to $109.5. I would not be surprised to see prices in the $1.10+ range by the weekend.
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Offline Elsifer

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Oil claws its way to $71 record
« Reply #7 on: April 20, 2006, 07:31:33 AM »
Time to look at alternate fuels.

If I can afford it, I would go Toyota Prius, or buy a used 80's bmw, pull the engine and gasoline bits, and convert it to full electricity. And leave my warpig for the weekends. Especially at $1+/L. I get 350km per tank in the city.  :cry:
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VA6CPL
Jeepless....

Luxton

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Oil claws its way to $71 record
« Reply #8 on: April 20, 2006, 09:29:29 AM »
"experts" announced yesterday they think it'll hit $1.30 this summer here... $1.50 in BC...

I wish the "experts" would announce a drop to $.50.... maybe the gas stations will follow THOSE numbers too  :roll:
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Offline Vinman

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Oil claws its way to $71 record
« Reply #9 on: April 20, 2006, 12:25:11 PM »
Maybe you guys want to look at vehicles that are cheaper to run overall, not just at the pumps.

You may be a bit surprised at which vehicle is the most cost effective to operate from design to disposal.


http://www.auto123.com/en/info/news/news,view.spy?artid=59574&pg=1

Vince
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Offline Elsifer

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Oil claws its way to $71 record
« Reply #10 on: April 20, 2006, 01:38:00 PM »
Now that is interesting!
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VA6CPL
Jeepless....

Jaguar

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Oil claws its way to $71 record
« Reply #11 on: April 20, 2006, 04:46:42 PM »
:shock:
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Offline keener

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Oil claws its way to $71 record
« Reply #12 on: April 24, 2006, 10:11:06 PM »
I was waiting for this to come up again ...
Obviously you guys didn't listen last time I posted on this same topic...
Buy some stock in an oil company (there are hundreds) and go along for the ride !! :shock:
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FeatherFoot

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Oil claws its way to $71 record
« Reply #13 on: April 24, 2006, 11:38:04 PM »
For those of us living in Alberta, don't forget to deduct 6 - 10% of  all purchases that are eligible for PST in other provinces, from your fuel costs.
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gsxtacy

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Oil claws its way to $71 record
« Reply #14 on: May 01, 2006, 01:00:31 AM »
if you haven't considered this, then take a look, FRENCH FRIES!!!!!!!!!!!!

http://www.greasel.com

been a while since i looked @ this site, seems they have finished updating stuff, an that everything is as it should be.  i'm thinking of buyign a sammi this sumer, tubing it and converting it to diesel just for this purpose.  hell, they'd prolly even pay me to get rid of the rease for them!
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