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#1
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Oil over $101, can't wait for $4.00 diesel
The US is such an energy DEPENDENT pig it's sick.
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#2
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Add a few gallons of veggie oil to each tank. Costs less than diesel and lubes the engine.
But you're right. It's sick.
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Ginny in Denver-ish 78 300SD, 265K (mine) |
#3
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word on the street is that gasoline is going to go up to 3.40 by the end of next month.... wonder what diesel is going to get up to...
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'87 300D Turbo Greasecar '83 Kawasaki 550 KZ |
#4
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Come up to Chicago, I have been paying $3.75 for a while now.
Seriously considering selling the diesel this spring. That's more than $.50 more expensive than premium. |
#5
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I am always surprised when others are surprised by the cost of fuel increasing. Demand is increasing and supply is not. Blame India and China, that the real reason. The US still uses the most oil but they will surpass us quite soon. My hope is that we finally wake up and start doing something about our over dependence on oil. Naw, probably not. Lets just make the oil companies wealthier. RT
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When all else fails, vote from the rooftops! 84' Mercedes Benz 300D Anthracite/black, 171K 03' Volkswagen Jetta TDI blue/black, 93K 93' Chevrolet C2500HD ExCab 6.5TD, Two-tone blue, 252K |
#6
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Oil futures go up because of a refinery explosion is the story. These speculators and futures players are going to bankrupt us.
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Thank You! Fred 2009 ML350 2004 SL600 2004 SL500 1996 SL600 2002 SLK32 2005 CLK320 cabrio 2003 ML350 1997 C280 Sport |
#7
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The problem is that the investment in new refineries pays off very far down the road. Raising prices pays off now. We have plenty of oil. It's gasoline and diesel fuel that always are in tight supply.
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#8
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Besides our mega-thirst for oil and the rising demand from developing countries like China and India, another big reason for the increasing price of oil is the falling US dollar. Oil is priced in US dollars, so obviously if the dollar goes down it takes more dollars to buy a barrel of oil. Other commodities are going up in price as well for the same reason - it's called inflation. You can thank our government's out-of-control spending and tax cuts.
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2004 VW Jetta TDI (manual) Past MB's: '96 E300D, '83 240D, '82 300D, '87 300D, '87 420SEL |
#9
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I'm expecting gas to be damn near $5 a gallon soon. Paying $3.08 a gallon was nice while it lasted, now its $3.15 and climbing quick!
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
#10
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I've been wanting a new Sprinter van for my business for awhile, but after paying 28k, added insurance AND...... diesel at 3.60 per gallon, it make my 1993 E350 Club Wagon a bargain in comparison.
It will take me years to realize any type of financial benefit, IF, I get 26 mpg, compared to 13 mpg that I get now.
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Enough about me, how are you doing? |
#11
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The news tonight said maybe $3.75 gas by the summer. Still I think $5 is the magic number that will change peoples driving habits, and create real financial incentives for alternative sources of energy.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#12
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$3.55 today.. was $3.45 yesterday.. and three days before that it was $3.23
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#13
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Quote:
The family biz has oil interests. Times are good. The people who really have it all figured out are the folks in Dubai. They're taking the billions in oil profits and making their little country the premier tourist destination in the middle east. The stuff they're building is amazing. Here's what $100.00 a barrel is paying for. oops.. did I mean to put that in?
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1985 500SL Euro w/ AMG bits 130k 1984 300SD Turbodiesel 192k 1980 240D Stick China 188k 2001 CLK55 AMG 101k 2007 S600 Biturbo 149k Overheated Project, IT'S ALIVE!!! |
#14
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Quote:
You are correct. The scariest aspect is that many oil producing countries are sick of oil being traded in U.S. dollars. They are sick of losing money on their investment as the U.S. dollar continues to fall, thus they want to denominate oil is Euros instead. What kind of freefall do you think the dollar will see then??? http://www.feasta.org/documents/papers/oil1.htm |
#15
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Quote:
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1999 SL500 1969 280SE 2023 Ram 1500 2007 Tiara 3200 |
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