Posted 2005-10-24 12:43 PM (#32229 - in reply to #32179) Subject: RE: $3.45 for Fuel
Elite Veteran
Posts: 1160
Location: Denver Colorado
Don't be surprised, 2008 we'll see Toyota and Nissan with a 3/4 ton diesel, but Korea moves faster than Japan, so we could see a full size truck before the end of this decade. This is the first year of a Chinese auto exhibit at the Detroit Auto Show in January. Your grand kids will be tri-lingual
Posted 2005-10-24 12:54 PM (#32230 - in reply to #32179) Subject: RE: $3.45 for Fuel
Veteran
Posts: 222
Location: Kaufman, Texas
Read that Exxon is expected to post a $8.9 Billion profit in the 3rd quarter alone (Ouch). Most companies do not have that much in total revenues for a full year. Wonder who is paying for that profit?
Posted 2005-10-24 2:06 PM (#32235 - in reply to #32179) Subject: RE: $3.45 for Fuel
Elite Veteran
Posts: 1160
Location: Denver Colorado
Just hope the money from the new energy bill can get to them in time to help 4th quarter profits. For decades past, gov policy was pushing down the cost of food, used to control inflation. That hasn't worked in recent years. So we have cheap food and high fuel. I'd trade and have high food and cheap fuel. Cheap food hasn't helped, I'd like to see my boots again. I'll be looking for Methanol gas (corn) and bio-diesel (soy, canola)
Posted 2005-10-24 2:36 PM (#32236 - in reply to #32179) Subject: RE: $3.45 for Fuel
Expert
Posts: 1723
Location: michigan
Is profit such a bad thing? If you're a Exxon share holder, you be thrilled - the last time I checked a company is SUPPOSED to make a profit. In this way they can hire people, make investments in buildings and facilites and maybe even drill for more oil. Let think about what if Exxon lost money- people would lose jobs, investments scaled back, they might even leave the engery business altogether. How would this benefit you?
This is not to say I am happy about fuel prices. Not because oil companies are making money but of the long term damage to our economy. But I blame the US govt and environmental wackos for limited new drilling and refinery capacity,mandating new fuel blends for different parts of the country.
don't forget the cure for high prices is high prices- gasoline demand( and prices) has dropped since prices rocketed and I suspect diesel fuel will also fall especially if there is a huge increase in alternative fuel use for home heating. But to blame about oil company profits is a red herring.
Posted 2005-10-24 2:44 PM (#32238 - in reply to #32235) Subject: RE: $3.45 for Fuel
Regular
Posts: 93
Location: Northwest Indiana
Call me crazy but I would like to have had several more weeks of $3.00+ gas. Maybe it would have shut up some of those NIMBY (not in my back yard) people who complain anytime a oil company wants to expand or build a new refinery. I am sure those evil oil people want to put some of that profit back into their company to expand their production facilities so they can make more profits and as a byproduct reduce the cost of gas/diesel.
Posted 2005-10-24 3:50 PM (#32247 - in reply to #32241) Subject: RE: $3.45 for Fuel
Extreme Veteran
Posts: 524
Location: Lone Oak, Tx
I'm sick and tired of hearing and seeing about the diesel prices. What we need is to get our dependancy off of oil... PERIOD! We have fields upon fields of usable fuel that we can GROW. Like Mr. Truck stated, and he was the only one that mentioned it, vegetable oil, particularly peanut oil. When Rudolf Diesel invented the diesel engine he did not use "diesel" fuel to run his engine, he used peanut oil. The Nazi's in WWII used peanut oil for all of their diesel engines. Really any type of vegetable oil will work. The europeans have been using it for years. TO hell with oil and to hell with the oil companies raping not only the American people but the world. This http://www.dieselsecret.com/ is what we need to go to. I'm not trying to plug this company, but I was searching the web and happen to find them and I've sent my $40.00 to them and am waiting for my package. I've investigated it and they seem legit. I figured I put more than that in my tank a week and if it saves me money in the long run then hell yeah! I figure if enough people switch to the alternative fuels, then the oil compaines will have no choice but to lower their over-inflated prices. I'm not anti- oil company but enough is enough and I'm not against people making a profit either, only when it's a ridicuolus one and one made from the hard working joe who can't make ends meet now now that fuel prices are through the roof.
Posted 2005-10-24 3:59 PM (#32248 - in reply to #32179) Subject: RE: $3.45 for Fuel
Elite Veteran
Posts: 1160
Location: Denver Colorado
Let us know how that works. If I had a truck long enough, I would be using the waste cooking oil as a blend heating it and filtering it at about 10%. You start on diesel and shut off on diesel and run the blend in the middle. I would like to try used auto tranny oil too. The trucks parked outside are new, maybe someone could donate a used diesel to science, MrTruck Science. That's why I like beer it's a renewable energy source from malted barley and hops, anything to support our farmers. Long live Willey Nelson!
Posted 2005-10-24 7:38 PM (#32258 - in reply to #32241) Subject: RE: $3.45 for Fuel
Extreme Veteran
Posts: 456
Location: south of Cowtown, TEXAS
Originally written by santelikk on 2005-10-24 2:52 PM
Lets see $3.50 is pretty darn cheap when compared to some other obscene costs we pay.
$1 bottle of watter would be about $6.40/gal
.50 can of pop would be $5.30/gal
3.00 coffee would be $32.00/gal
2.00 beer would be $21.3/gal
just something to think about.
Don't forget fingernail polish - the world's most expensive paint.
I live in Johnson County Texas. I can throw a rock and hit 8 oil rigs and they are producing! THAT's the part I don't understand. So does it fall soley on the refineries? He have oil!
Posted 2005-10-24 8:01 PM (#32260 - in reply to #32258) Subject: RE: $3.45 for Fuel
Expert
Posts: 2955
Location: North Carolina
Originally written by Dawnya on 2005-10-24 6:38 PM
I live in I Johnson County Texas. can throw a rock and hit 8 oil rigs and they are producing! THAT's the part I don't understand. So does it fall soley on the refineries? He have oil!
It would take a lot more than ALL the rigs in Tx to be producing to reduce the price of oil. It's a worldwide market and the world's oil rigs aren't producing enough to make an excess supply. Only when the supply is greater than the demand will the price come down.
I've read that the price of fuel in Europe has gone up because of our hurricane troubles. I'll bet that's another thing the Euros don't like about "US"
Posted 2005-10-25 12:41 PM (#32285 - in reply to #32225) Subject: RE: $3.45 for Fuel
Expert
Posts: 2689
Here in Mass, where we never seem to get a break on ANYTHING, it is $2.89 most of the week $2.83 on weds and sats. Reg gas is $2.53, $2.47 on tues and thurs.
According to the (radio) news gas prices throughout the state are back to their pre-katrina levels, though the state average prices they gave this morning were a bit above what I quoted above.
Yes, all companies try to optimize their product mix and pricing, you'd sell what comes out of your horses if you could convince anyone it was a useful product and not just waste.
No, I don't believe there is a recent conspiracy to shift from hitting regular car drivers to hitting truckers because they have no choice. There are too many big bizzies with high transportation costs to pick on them - even for the oil companies to pick on them.
Yes, I believe (in part) that the seasonal shift is underway, hence the drop in gas prices.
***
Dang WindozeXP decided to re-boot itself while I was writing that.
***
Anyway, in years past diesel has followed the seasonal demand for heating oil and gas has followed the seasonal demand for driving - no surprise, except the NEAT thing about it used to be that folk driving diesels got to do a lot of it (most of their summer driving) when their fuel prices were at near bottom. This spring they stayed up there and the hurricanes have kept them there, whether or not they will come down next Spring, or we will stay on a "Ratchet" price schedule remains to be seen.
Oh, the geo-political SCHTUFF has something to do with it as well, but politiks leaves a bad taste in my keyboard, so I won't GO there (-:
Posted 2005-10-25 4:37 PM (#32298 - in reply to #32285) Subject: RE: $3.45 for Fuel
Elite Veteran
Posts: 720
Location: Never miss a good chance to shut up.
BP heading for record profits 25/10/2005 - 08:29:42
Oil giant BP was on course today to set a new benchmark for annual profits by a British company despite disruption caused by the hurricane season in the US.
BP reported profits of $14.88bn (€12.5bn) for the nine months to September 30 – up 25% on a year earlier – and close to its annual surplus of $15.4bn (€12.8bn) in 2004.
Posted 2005-10-25 10:49 PM (#32325 - in reply to #32179) Subject: RE: $3.45 for Fuel
Veteran
Posts: 195
Location: Atlanta, GA
Hi every one... I filled up my truck today and paid $2.87 a gal for fuel. It was nice to see a drop for once.. Finally its below $3.00.. At lease for now anyway. By the way I filled up in Conyers GA.
Posted 2005-10-26 12:48 PM (#32347 - in reply to #32179) Subject: RE: $3.45 for Fuel
Elite Veteran
Posts: 1160
Location: Denver Colorado
Just listened to President Bush's speech. He talked about needing more oil refineries, and using more bio-diesel and Ethynol, renewable energy. I always suspected he lurked in our forum. Wonder what horse trailer he tows with his Ford?
Posted 2005-10-26 10:18 PM (#32394 - in reply to #32229) Subject: RE: $3.45 for Fuel
Veteran
Posts: 254
Location: Dickinson, TX
I hate to say it, but Ford, Dodge (to a lesser extent), and GM have priced one-ton diesel trucks out of the price range for lots of folks.I'm trying to nurse my '91 along long by putting a Cummins diesel engine under the hood next year. Body's great, but no power from the existing vintage diesel engine even with a turbo. Would rather pay less than 1/3 the cost of a new truck and get a new(er) engine under the hood and run the truck another 6-8 years.Hopefully the foreign manufacturers will force the Big 3 to lower their prices. $42,000 after tax for a 2 wheel drive crewcab/dually is about $10,000 too much. Ford wanted 3% over invoice 4 months ago. Whatever. Dodge's price for the quad cab with similar interior options was more like $34k after tax... pricey but not quite as bad.Gotta be able to finish my master's degree, pay the mortgage, feed the horses and children, and put away for retirement... A $650/mo truck payment for the next 6 years ain't part of my plan.
Posted 2005-10-26 10:21 PM (#32395 - in reply to #32247) Subject: RE: $3.45 for Fuel
Veteran
Posts: 254
Location: Dickinson, TX
What will pull our trailers if not diesel or big gasoline engines?I don't see alternative fuel vehicles as being an affordable option capable of doing what we do as far as traveling with horses goes.
Posted 2005-10-27 3:56 PM (#32416 - in reply to #32179) Subject: RE: $3.45 for Fuel
Expert
Posts: 2689
I havn't seen the arithmetic lately, but it used to be that there just isn't enough arable land in the US to grow enough veg oils to satisfy even current demand. With an ever growing population, more vehicles, increasing consumption in other countries AS WELL, on and on, it ain't gonna get much better with IC and CI powered vehicles.
BTW, I was playing with the idea that many/most cars and pick-ups spend 8 or 9 hours a day 5 days a week waiting for their owners to go home from work. They may spend 10 or more waiting to take their owners TO work. They get run a few hours on week-ends. All this as I was behind a tractor/trailer rig that is probably on the road and MOVING 10 or 12 hours a day 5 or 6 days a week, maybe 7. Those guys probably burn 100 gallons a day - just guessing, I rarely go through more than 50 in a week.
I don't have an answer, but used fryer oil doesn't scale up as a "solution". Sure its a fun idea and can work for a few who are willing to collect and process it, but things get weird when EVERYONE wants what comes out the back doors of every McGreasePit.