Gas Prices Suck!
03-05-2011, 05:17 PM
#32
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regardless of where it ends up toping out at, the gas prices will probably drop back down to the 2.90 range at some point
the situation in Libya really doesn't make much sense as far as the price of crude goes. They dont produce enough of the world's oil to have that much of an effect. Should the Saudi's decide they want reform thats probably where we will see those 5-6 dollar a gallon prices
the situation in Libya really doesn't make much sense as far as the price of crude goes. They dont produce enough of the world's oil to have that much of an effect. Should the Saudi's decide they want reform thats probably where we will see those 5-6 dollar a gallon prices
03-05-2011, 05:35 PM
#33
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I am soooooooooo tired of the middle east crap and our fracking dependency on their oil. There, i said it what everyone is thinking but did not want to say it.
Ian B
Ian B
03-05-2011, 05:58 PM
#34
But this is the first year in recent memory where the Middle East has been in such turmoil. While it may seem a good thing on the surface (at least for the people in the region), I'm honestly not very hopeful. Our crappy foreign policy with many of those countries will come back to haunt us.
03-05-2011, 07:06 PM
#35
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regardless of where it ends up toping out at, the gas prices will probably drop back down to the 2.90 range at some point
the situation in Libya really doesn't make much sense as far as the price of crude goes. They dont produce enough of the world's oil to have that much of an effect. Should the Saudi's decide they want reform thats probably where we will see those 5-6 dollar a gallon prices
the situation in Libya really doesn't make much sense as far as the price of crude goes. They dont produce enough of the world's oil to have that much of an effect. Should the Saudi's decide they want reform thats probably where we will see those 5-6 dollar a gallon prices
Things is though, I don't think the Saudi's are going to reform any time soon. It's reaaally different there vs. places like Egypt and Libya. Saudi is still a kingdom, keep that in mind, and the power is relegated to a select few. It's not like other places that have corruption or violence. I'm going to end it there, since this isn't the political sub-forum.
03-05-2011, 07:27 PM
#37
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03-05-2011, 11:32 PM
#38
the situation in Libya really doesn't make much sense as far as the price of crude goes. They dont produce enough of the world's oil to have that much of an effect. Should the Saudi's decide they want reform thats probably where we will see those 5-6 dollar a gallon prices
We can get our oil from other places (Saudi Arabia, etc.) but that oil is "drity" (also called sour crude) and requires more work (and cost) to refine into fuel oils.
That is why the North African, and in particular Lybian, situation is having such a dramatic impact on fuel prices.
03-06-2011, 04:29 AM
#42
I guess since I live right next to a shell gas station, I don't really do full tank and the unsprung weight kinda helps a bit. I only do half tank every fill at least one and a half week. i live like 4 miles from work and the G is my DD/grocery getter. Prices suck but I haven't felt it yet since I don't commute that far.
03-06-2011, 06:27 AM
#43
wow $63 I filled up in jersey(like .30-.40 a gallon diff)
between this & nitro is $5.00 a lb.
I'm looking at over $100 to reload both.
thank goodness the nitro is on only at wot
when I want it,or else I'd be hermoraging $.
time for bio diesel upgrade.
make 800hp & french fries at the same time.
gtm should make a bio diesel set up, we got pleent of grease from deep fryers.
between this & nitro is $5.00 a lb.
I'm looking at over $100 to reload both.
thank goodness the nitro is on only at wot
when I want it,or else I'd be hermoraging $.
time for bio diesel upgrade.
make 800hp & french fries at the same time.
gtm should make a bio diesel set up, we got pleent of grease from deep fryers.
03-06-2011, 12:48 PM
#44
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Just paid 3.63 for V-Power in Bergen County. So the 3.75 I posted earlier in this thread was incorrect. Because gas price did go up and I paid more for gas this week compared to last week and both times I had about a quartet of a tank left.
03-06-2011, 06:12 PM
#45
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Lybia is one of the few places in the world that produces sweet crude oil. It's very high quality and can be quickly refined into fuel oils ( gasoline, diesel, kerosene, etc). Even though Lybia produces only 2% of the worlds' total oil supply it produces a much higher amount of swet crude.
We can get our oil from other places (Saudi Arabia, etc.) but that oil is "drity" (also called sour crude) and requires more work (and cost) to refine into fuel oils.
That is why the North African, and in particular Lybian, situation is having such a dramatic impact on fuel prices.
We can get our oil from other places (Saudi Arabia, etc.) but that oil is "drity" (also called sour crude) and requires more work (and cost) to refine into fuel oils.
That is why the North African, and in particular Lybian, situation is having such a dramatic impact on fuel prices.