http://finance.yahoo.com/news/Oils-surge-in-2010-paves-the-apf-1258480888.html?x=0

Well, now that I own (4) V8's, (2) V6's, and only (1) -4 banger (Wrangler) that gets just as crappy mileage as a V8....gas prices are gonna up. :lol:

Discuss..........

VVL low cams FTW

30 MPG's all day baby. I'm cool until it really gets serious.

The only bad part about the gas prices going up is more IDIOTS will run out and buy a prius.

hahahah.
mustang: under 10mpg
tahoe: 14mpg
escalade: 15mpg
benz: 20 city -28mpg hwy trips
g37: 23 average
tacoma: 23 mpg average
wrangler: under 20.

I'm gonna buy a prius. :lmao:

were all fucked

/thread

pretty much.....! ^^^^^^^^^

Well the petroleum industry is poor. They can't afford to get the things to get by. Like solid gold toilet paper holders. So I understand that they need to raise the price of gasoline. And diesel. Because we as poor Americans have too much money in our pockets and, well, they need that money. They raised the price of fuel efficent cars, so why not raise the price of gas too? I mean you'll need to buy it less, so they should charge more. You know, for all the things they need.

Oil is traded on an open market, it has nothing to do with "gas companies". While it may be debatable that speculation plays a role from time to time, fuel is like any other commodity such as gold, silver, etc. As such, its price is more heavily based on current economic conditions, interest rate changes/central bank operations, and supply/demand (as one would expect).

In my opinion, the current run up in oil is due solely to choices being currently being made the current administration. If you're not familiar with the concept of quantitative easing, you should read up on it. It's effectively printing money and as with anything the more of something that exists, the less each individual unit is worth (aka more money printed = money is worth less). The Federal Reserve has decided that QE is the way to go despite the fact it has already proven ineffective as stimulus for the lagging economy. They just keep printing and printing, and investors react as you would expect rushing into commodities that have a more solid value (dollar is no longer on the gold standard and hasn't been for some time) such as commodities. Look at the run up in prices on gold.

It's all supply and demand. It has nothing to do with oil companies deciding anything.

I'm ready to get rid of my 4Runner, 15mpg sucks.

Yeah. But it would feel better if we could actually have a figure to point at.

Yeah. But it would feel better if we could actually have a figure to point at.You do, you're just pointing it the wrong way :)

But I haven't needed to buy more fuel more often. I don't drive more than I used to.

I really hated that 2008 summer, fuel in SoCal was $4.50+ a gallon & in ritzy places was $5.00+ a gallon! =(

I usually pump 5-7 gallons a day & thats a slow day but on a busy day its 9-12 gallons & sometimes I need to refuel twice in one day! :depressed

im pretty sure prices go up becuz humanity is a bunch of greedy motherfuckers. no other reason.

Bad times dudes, hope this don't mean people gonna be sellin up their G's to get a cheaper to run mota :(

I think they should pay the attendants more so they can shoulder the rage of the needing public who drive. That way they are in part responsible and able to hear the displeasure of the driving public.

mustang
tahoe
escalade
benz
g37
tacoma
wrangler


funny, the first to complain is easily the one who can most afford it
:whistle:

I told you not to sell the p10.

I only have one car, my p11. I'll be alright but I'll probably complain about it too

Oil is traded on an open market, it has nothing to do with "gas companies". While it may be debatable that speculation plays a role from time to time, fuel is like any other commodity such as gold, silver, etc. As such, its price is more heavily based on current economic conditions, interest rate changes/central bank operations, and supply/demand (as one would expect).

In my opinion, the current run up in oil is due solely to choices being currently being made the current administration. If you're not familiar with the concept of quantitative easing, you should read up on it. It's effectively printing money and as with anything the more of something that exists, the less each individual unit is worth (aka more money printed = money is worth less). The Federal Reserve has decided that QE is the way to go despite the fact it has already proven ineffective as stimulus for the lagging economy. They just keep printing and printing, and investors react as you would expect rushing into commodities that have a more solid value (dollar is no longer on the gold standard and hasn't been for some time) such as commodities. Look at the run up in prices on gold.

It's all supply and demand. It has nothing to do with oil companies deciding anything.

wow, very well said. Very accurate as well. You an economics major?


I'm ready to get rid of my 4Runner, 15mpg sucks.

Damn, 15mpg? Horrid for a v6 and 4000 lbs. The tahoe and escalade are 4x4 and easily weigh 5500 lbs each....and that's what we average. Ouch. My tacoma w/the 3.4 liter v6 5 spd (2wd) never goes below 20mpg unless i'm towing something. On the hwy I can manage 25mpg if kept under 80.


But I haven't needed to buy more fuel more often. I don't drive more than I used to.

I try not to as well....however, my hunting club in 105-125 miles each way ---depending on which route i take. sucks b/c i drive the tahoe out there, so 15mpg...yippie!


I really hated that 2008 summer, fuel in SoCal was $4.50+ a gallon & in ritzy places was $5.00+ a gallon! =(

I usually pump 5-7 gallons a day & thats a slow day but on a busy day its 9-12 gallons & sometimes I need to refuel twice in one day! :depressed

sucks man. the taco 4 banger should yield 25-30mpg.


im pretty sure prices go up becuz humanity is a bunch of greedy motherfuckers. no other reason.

To some extent.........


Bad times dudes, hope this don't mean people gonna be sellin up their G's to get a cheaper to run mota :(

I've figured this out multiple times. If you have a $5,000 p11 that averages 30mpg. Sell it to buy a $20,000 Corolla/Civic/Hybrid that gets 30mpg. It will take a hell of a lot of time and/or miles to make up the difference at $1/gallon increase in price and 10mpg. Use an excel spreadsheet to figure it out....95% of the time it isn't worth getting rid of a vehicle to yield 20-30% increase in mpg.


funny, the first to complain is easily the one who can most afford it
:whistle:

hahaha.....not anymore my friend. Not anymore. I'm making way less than HALF of what i use to make in a good economy. My household expenses are insane....! I won't quote exact figures, but it takes a hefty salary merely to operate this household (IE: mortgage, food, insurance, utilities, etc)---not including vacations (which we don't go on) or going out to eat (which we don't do more than 10 times per year). We've already cut back on expenses as much as we can....like it's 60º in our 1st floor of the house right now....BRRRR. and all energy efficient light bulbs. Hell, I don't feel the economy is going to get better anytime soon so we are actually looking at downsizing homes. mrs is FLIPPING OUT but i told her it's an economic decision to downsize while we can get a steal of a deal on another house right now and merely finish/customize it to our needs. It is what it is.

The times of job stability, steady prices on utilities (including gasoline), etc., I believe are a thing of the past. I would not be surprised if we see a run up on heating oil, electricity, food, etc., all necessities. The only thing I can really think of is to live WELL BELOW your means, have a stockpile of cash saved up for when they try and "phuck" us, have some type of firearm and ammo :shhh:, and hopefully have at least an acre of land to grow sh*t (food, not weed you Cali guys....it ain't legal in Georgia (yet))... I'm not paranoid, though it may appear so....it's merely a reality that utter chaos (hoping not a revolution or panic) may happen (and is very possible) in the future (or) our lifetimes.

scary shiet....none the less.

If gasoline suddenly went to $8-9 a gallon, what would you do? Hell, that's what some are paying in Europe......




I told you not to sell the p10.

hahaha.....I was getting mid-upper 20's w/the p10. My g37 is averaging 23 mpg in a mixture of mostly city/country roads. Took a trip to south side of Atlanta and got 30-31mpg all highway at speeds between 65-80mpg. Can't beat the 7 spd auto. I'd rather have 330hp (vs 140) and give up 2-5mpg any day...... :)

Worse case if i had to drive a bunch, i'd pick up a used corolla automatic and enjoy 35-40 mpg, almost the same power as a p10/p11, at the tradeoff of LAME and lousy handling. :lmao:

My nearest Chevron is 3.69 for 91octane

hahaha.....not anymore my friend. Not anymore. I'm making way less than HALF of what i use to make in a good economy. My household expenses are insane....! I won't quote exact figures, but it takes a hefty salary merely to operate this household (IE: mortgage, food, insurance, utilities, etc)---not including vacations (which we don't go on) or going out to eat (which we don't do more than 10 times per year). We've already cut back on expenses as much as we can....like it's 60º in our 1st floor of the house right now....BRRRR. and all energy efficient light bulbs. Hell, I don't feel the economy is going to get better anytime soon so we are actually looking at downsizing homes. mrs is FLIPPING OUT but i told her it's an economic decision to downsize while we can get a steal of a deal on another house right now and merely finish/customize it to our needs. It is what it is.

Did you pay cash for the Escalade? ;)

Gas isn't the thing that's killing me financially right now... Rather, it's everything on my LGT needing to be replaced, plus moving into my own place with my girl. (Luckily, she's going to be making 1.5x what I am at her new job.)

Did you pay cash for the Escalade? ;)


ummmmm. yes. :whistle:

ummmmm. yes. :whistle:

Well, that's an easy one, then. Sell it! Instant $40k. That will buy you a lot of gas.

Damn, 15mpg? Horrid for a v6 and 4000 lbs. The tahoe and escalade are 4x4 and easily weigh 5500 lbs each....and that's what we average. Ouch. My tacoma w/the 3.4 liter v6 5 spd (2wd) never goes below 20mpg unless i'm towing something. On the hwy I can manage 25mpg if kept under 80.

Yeah, it is absolutely terrible. I have tried changing my driving habits, and all of the tune up parts are new. I can't get it to average more than 16mpg per tank, and that is 80% highway driving. If I didn't drive 250+ miles a week, I wouldn't mind so much.

Well, that's an easy one, then. Sell it! Instant $40k. That will buy you a lot of gas.

hahahaha. :rant:
hahaha. Is that what they teach you at Harvard? :lol:
Instead, i'm buying a piece of land and going to drill for oil, then setup my own refinery. Problem solved. :)


Yeah, it is absolutely terrible. I have tried changing my driving habits, and all of the tune up parts are new. I can't get it to average more than 16mpg per tank, and that is 80% highway driving. If I didn't drive 250+ miles a week, I wouldn't mind so much.

that's horrid mpg sir.
yah, i would trade out for something better on fuel.

that's horrid mpg sir.
yah, i would trade out for something better on fuel.

That is my plan :cool:

hahahaha. :rant:
hahaha. Is that what they teach you at Harvard? :lol:
Instead, i'm buying a piece of land and going to drill for oil, then setup my own refinery. Problem solved. :)

Nah, they teach me not to buy an Escalade if I have 5 other perfectly serviceable cars. :p

Seriously, though, I think Jaralaccs has a bit of a point about you being able to afford higher gas prices.

Nah, they teach me not to buy an Escalade if I have 5 other perfectly serviceable cars. :p

Seriously, though, I think Jaralaccs has a bit of a point about you being able to afford higher gas prices.

It's call ADDICTION....to cars. Utterly stupid and not business savy, but i can't help myself w/them. They are still CHEAPER than a bentley....

being able to afford AND wanting to pay dumb prices are two different things. :lol:

being able to afford AND wanting to pay dumb prices are two different things. :lol:

I 100% agree with this. It is safe to say that most people on here can afford to fill their cars up, even at $5 a gallon. That doesn't mean we're happy about it.

If gasoline suddenly went to $8-9 a gallon, what would you do? Hell, that's what some are paying in Europe......

You just knew I'd see this and comment didn't you. :teeth:
Our VAT goes up from 17.5% to 20% in 5 hours so our prices will go up a bit.
Currently it works out around $7.27 per US Gallon for Petrol and $7.50 for diesel. Depressing isn't it :x

If gas gets to $4+, it IS going to blow up the economy even more. Even if one can "afford" it, the money is going to have to come from elsewhere, at least for compulsory driving (commuting, etc). For many they can "afford" it, but it means less leisure spending, less discretionary funds, less big purchases, and onto bigger things like real estate, etc. It also means less leisure driving (vacations, etc). All that in turn means someone else's job gets slow, worst case that someone else loses their job and on and on the cycle goes.


You just knew I'd see this and comment didn't you. :teeth:
Our VAT goes up from 17.5% to 20% in 5 hours so our prices will go up a bit.
Currently it works out around $7.27 per US Gallon for Petrol and $7.50 for diesel. Depressing isn't it :xI've enjoyed visiting Europe a few times, but the VAT is Europe in a nutshell in my humble opinion. There doesn't seem to be anything left to tax to death over there.

Oh they can still tax more stuff or just raise the rate.
The insurance premium tax (yea they made that one up a few years ago) is rising by 1% up to 6% too so that's house insurance and car insurance that will increase slightly; even though car insurance is expected to rise by around 30% on it's own anyway.

VAT on utility bills is only 5% at the moment so there's plenty of room to raise that!

Oh they can still tax more stuff or just raise the rate.
The insurance premium tax (yea they made that one up a few years ago) is rising by 1% up to 6% too so that's house insurance and car insurance that will increase slightly; even though car insurance is expected to rise by around 30% on it's own anyway.

VAT on utility bills is only 5% at the moment so there's plenty of room to raise that!

:throwup: I knew taxes were bad over there, but wow.

The 30% isn't taxes. It's just how much the car insurance is expected to rise due to claims/uninsured drivers/fraud etc.

damn mark....that's just B/S.
it's over double what we spend on petrol.

Any energy electric, fuel, water.....will only INCREASE in the future. I can see them starting to charge for air one day.

Definitely going to go past $4.50 here in CA.

glad I bought a Versa :). I'm even getting a measely 34mpg in the winter but still better then any other car I have ever driven. We will have $4+ gas in the summer time. I'm going to have to start driving like a grandpa again and getting 44mpg when the warmer weather comes.

Once I move out to an apartment, I'll be taking the bus to work, and everywhere else. Getting rid of the truck (93 F-150 10-12mpg)will help lots. I did the math and found that from not having to pay for gas and insurance on that vehicle, I'll be able to pay rent.

Fuck $200/mo insurance, and fuck $350/mo in gas.

Definitely going to go past $4.50 here in CA.

oh, at least that high.
Cali ALWAYS has the highest prices on most everything (Hawaii and Alaska may be higher).


glad I bought a Versa :). I'm even getting a measely 34mpg in the winter but still better then any other car I have ever driven. We will have $4+ gas in the summer time. I'm going to have to start driving like a grandpa again and getting 44mpg when the warmer weather comes.

that some great fuel economy!
if i had a long commute, i'd be sporting something w/better fuel eocnomy!


Once I move out to an apartment, I'll be taking the bus to work, and everywhere else. Getting rid of the truck (93 F-150 10-12mpg)will help lots. I did the math and found that from not having to pay for gas and insurance on that vehicle, I'll be able to pay rent.

Fuck $200/mo insurance, and fuck $350/mo in gas.

damn.

shit 3 years agomy insurance in vegas was around 4600 for the year male under 25 with a luxury car. Bastardzx

damn, my insurance was nvr that high.....however, no tickets or accidents to speak of.

for you guys with a few bucks to throw around and enjoy your luxury cars the new infiniti m35h was able to pull 31mpg! This was after 75 miles of testing from motortrend. Rather impressive when you look at the performance specs and weight of the vehicle. No doubt in my mind with my driving style I could get high 30's from it. Now where did I leave that spare $53k I had lying around.

http://www.motortrend.com/roadtests/sedans/1012_2012_infiniti_m35h_japanese_sp ec/index.html

if its 4 or 5$ im not gonna drive as much, take wifes car instead of mine wherever we go places together and forget about getting a bigger/better car for a while.

damn, my insurance was nvr that high.....however, no tickets or accidents to speak of.

Just turned 22, got my license when I was 17, and I have received 19 citations, and been in 1 accident (my fault).

I'm not complaining, Im just saying.

Yeah, my insurance quadrupled (or more) when I went from clean record to two tickets.